B. Metzler seel. Sohn & Co. AG Buys 26,263 Shares of Fortive Corporation $FTV

B. Metzler seel. Sohn & Co. AG raised its stake in shares of Fortive Corporation (NYSE:FTV) by 27.6% during the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 121,525 shares of the technology company’s stock after purchasing an additional 26,263 shares during the period. B. Metzler seel. Sohn & Co. AG’s holdings in Fortive were worth $5,954,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of FTV. Dodge & Cox boosted its holdings in Fortive by 51.5% during the second quarter. Dodge & Cox now owns 33,173,605 shares of the technology company’s stock valued at $1,729,340,000 after acquiring an additional 11,273,242 shares during the period. Norges Bank acquired a new position in shares of Fortive during the 2nd quarter worth about $357,602,000. Viking Global Investors LP boosted its stake in Fortive by 22.9% during the 2nd quarter. Viking Global Investors LP now owns 15,912,624 shares of the technology company’s stock valued at $829,525,000 after purchasing an additional 2,962,502 shares during the period. Pacer Advisors Inc. boosted its stake in Fortive by 132.8% during the 3rd quarter. Pacer Advisors Inc. now owns 3,222,299 shares of the technology company’s stock valued at $157,860,000 after purchasing an additional 1,838,120 shares during the period. Finally, Invesco Ltd. grew its holdings in Fortive by 24.6% in the 2nd quarter. Invesco Ltd. now owns 7,010,216 shares of the technology company’s stock valued at $365,443,000 after buying an additional 1,383,254 shares during the last quarter. Institutional investors own 94.94% of the company’s stock.

Analyst Ratings Changes

Several research firms have recently weighed in on FTV. Zacks Research raised Fortive from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th. Mizuho reaffirmed an “underperform” rating and set a $51.00 target price (down from $54.00) on shares of Fortive in a research report on Monday, January 5th. Wells Fargo & Company upped their target price on shares of Fortive from $59.00 to $65.00 and gave the company an “equal weight” rating in a research note on Thursday, February 5th. Weiss Ratings reissued a “hold (c-)” rating on shares of Fortive in a report on Monday, December 29th. Finally, Barclays raised their price target on shares of Fortive from $56.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Monday, February 9th. One investment analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, ten have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $60.85.

Fortive Trading Down 1.2%

FTV opened at $57.34 on Monday. The company has a current ratio of 0.71, a quick ratio of 0.58 and a debt-to-equity ratio of 0.36. The stock has a market capitalization of $17.65 billion, a PE ratio of 33.14, a PEG ratio of 3.10 and a beta of 1.10. Fortive Corporation has a 1-year low of $46.34 and a 1-year high of $77.08. The firm has a 50-day moving average price of $56.37 and a two-hundred day moving average price of $52.68.

Fortive (NYSE:FTV) last announced its earnings results on Wednesday, February 4th. The technology company reported $0.90 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.83 by $0.07. Fortive had a net margin of 12.48% and a return on equity of 11.98%. During the same quarter last year, the business earned $1.17 EPS. Fortive’s revenue for the quarter was up 4.7% compared to the same quarter last year. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. As a group, equities analysts anticipate that Fortive Corporation will post 4.05 earnings per share for the current fiscal year.

Fortive Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, March 27th. Stockholders of record on Friday, March 13th will be given a dividend of $0.06 per share. The ex-dividend date is Friday, March 13th. This represents a $0.24 annualized dividend and a dividend yield of 0.4%. Fortive’s payout ratio is currently 13.87%.

Insider Activity at Fortive

In related news, Director Kate Mitchell sold 7,131 shares of the stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $58.34, for a total value of $416,022.54. Following the transaction, the director directly owned 31,775 shares in the company, valued at $1,853,753.50. This represents a 18.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. 0.92% of the stock is currently owned by corporate insiders.

Fortive Profile

Fortive Corporation (NYSE: FTV) is a diversified industrial technology company headquartered in Everett, Washington. The company was created through a spin‑off from Danaher Corporation in 2016 and has since focused on building a portfolio of professional instrumentation and industrial technology businesses. In 2020 Fortive completed a further portfolio separation with the spin‑off of Vontier, concentrating Fortive’s activities on higher‑margin instrumentation, software and services.

Fortive’s operations center on professional test and measurement, sensing and monitoring, software‑enabled solutions, and lifecycle services that support industrial and commercial customers.