Fortive (NYSE:FTV) Updates FY 2026 Earnings Guidance

Fortive (NYSE:FTV) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 2.950-3.050 for the period, compared to the consensus EPS estimate of 2.990. The company issued revenue guidance of -.

Fortive Stock Down 1.8%

Shares of FTV stock traded down $1.07 on Thursday, hitting $58.47. The stock had a trading volume of 2,140,515 shares, compared to its average volume of 3,418,997. The stock’s 50 day moving average is $61.02 and its 200-day moving average is $58.69. The firm has a market capitalization of $17.68 billion, a price-to-earnings ratio of 34.97 and a beta of 1.06. Fortive has a 52-week low of $46.34 and a 52-week high of $64.56. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.57 and a current ratio of 0.71.

Fortive (NYSE:FTV) last posted its quarterly earnings data on Wednesday, July 29th. The technology company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.03. The company had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.07 billion. Fortive had a net margin of 12.84% and a return on equity of 12.66%. The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the prior year, the company posted $0.90 EPS. Fortive has set its FY 2026 guidance at 2.950-3.050 EPS. As a group, research analysts expect that Fortive will post 2.98 earnings per share for the current year.

Fortive Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Monday, June 22nd were issued a dividend of $0.06 per share. The ex-dividend date was Monday, June 22nd. This represents a $0.24 annualized dividend and a yield of 0.4%. Fortive’s payout ratio is currently 14.37%.

Fortive declared that its board has approved a stock buyback plan on Monday, May 4th that allows the company to buyback 20,000,000 shares. This buyback authorization allows the technology company to repurchase shares of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s management believes its stock is undervalued.

Analyst Ratings Changes

A number of analysts recently issued reports on the stock. Zacks Research lowered shares of Fortive from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Argus raised shares of Fortive from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a report on Monday, May 11th. Citigroup boosted their target price on shares of Fortive from $64.00 to $65.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Wells Fargo & Company upped their target price on shares of Fortive from $58.00 to $65.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Finally, Morgan Stanley increased their price target on shares of Fortive from $58.00 to $59.00 and gave the stock an “equal weight” rating in a research report on Wednesday, June 3rd. Two investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $63.10.

Insider Activity at Fortive

In related news, SVP Peter C. Underwood sold 47,557 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $60.81, for a total transaction of $2,891,941.17. Following the completion of the sale, the senior vice president owned 87,780 shares of the company’s stock, valued at $5,337,901.80. This represents a 35.14% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.65% of the company’s stock.

Key Fortive News

Here are the key news stories impacting Fortive this week:

• Positive Sentiment: Fortive exceeded expectations with adjusted EPS of $0.74 versus the $0.71 consensus and revenue of approximately $1.10 billion versus estimates of $1.07 billion. Revenue increased 8% year over year. Fortive second-quarter earnings report
• Positive Sentiment: Underlying operating momentum improved: core revenue growth accelerated to 6.7%, adjusted EBITDA rose 12%, and adjusted EPS increased 28%, helped by resilient demand in Fortive’s industrial automation business. Reuters report on Fortive’s automation business
• Positive Sentiment: Management raised its 2026 adjusted EPS outlook to $2.95-$3.05 and continued returning capital through share repurchases, signaling confidence in cash generation and future performance. Zacks Fortive earnings analysis

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in FTV. DV Equities LLC bought a new stake in Fortive in the fourth quarter valued at $25,000. Geneos Wealth Management Inc. grew its position in shares of Fortive by 246.2% during the first quarter. Geneos Wealth Management Inc. now owns 502 shares of the technology company’s stock worth $37,000 after acquiring an additional 357 shares during the last quarter. Caitong International Asset Management Co. Ltd increased its holdings in shares of Fortive by 668.5% in the 3rd quarter. Caitong International Asset Management Co. Ltd now owns 1,145 shares of the technology company’s stock worth $56,000 after acquiring an additional 996 shares during the period. UMB Bank n.a. increased its holdings in shares of Fortive by 56.4% in the 4th quarter. UMB Bank n.a. now owns 1,192 shares of the technology company’s stock worth $66,000 after acquiring an additional 430 shares during the period. Finally, Los Angeles Capital Management LLC bought a new stake in Fortive in the 4th quarter valued at about $82,000. 94.94% of the stock is currently owned by institutional investors.

About Fortive

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.