Q1 Earnings Estimate for Fortive Issued By Seaport Res Ptn

Fortive Co. (NYSE:FTV) – Research analysts at Seaport Res Ptn lowered their Q1 2025 EPS estimates for shares of Fortive in a report released on Wednesday, October 30th. Seaport Res Ptn analyst S. Graham now expects that the technology company will post earnings per share of $0.91 for the quarter, down from their prior forecast of $0.92. The consensus estimate for Fortive’s current full-year earnings is $3.85 per share. Seaport Res Ptn also issued estimates for Fortive’s Q2 2025 earnings at $1.02 EPS and Q4 2025 earnings at $1.20 EPS.

A number of other research analysts also recently commented on the stock. Wells Fargo & Company dropped their target price on shares of Fortive from $82.00 to $77.00 and set an “equal weight” rating on the stock in a research report on Thursday, October 31st. Mizuho raised shares of Fortive from a “neutral” rating to an “outperform” rating and raised their price objective for the stock from $80.00 to $90.00 in a research report on Friday, September 6th. StockNews.com raised shares of Fortive from a “hold” rating to a “buy” rating in a research report on Friday, September 13th. Raymond James raised shares of Fortive from a “market perform” rating to an “outperform” rating and set a $85.00 price objective on the stock in a research report on Thursday, September 5th. Finally, JPMorgan Chase & Co. raised shares of Fortive from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $90.00 to $92.00 in a research report on Thursday, October 10th. Four investment analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Based on data from MarketBeat.com, Fortive has an average rating of “Moderate Buy” and an average price target of $88.20.

Fortive Trading Down 0.3 %

NYSE FTV opened at $71.16 on Monday. The company has a debt-to-equity ratio of 0.33, a current ratio of 1.25 and a quick ratio of 0.95. The firm’s fifty day moving average price is $75.22 and its 200 day moving average price is $74.33. The company has a market capitalization of $24.69 billion, a price-to-earnings ratio of 28.35, a price-to-earnings-growth ratio of 1.96 and a beta of 1.13. Fortive has a 12 month low of $64.69 and a 12 month high of $87.10.

Fortive (NYSE:FTV) last posted its earnings results on Wednesday, October 30th. The technology company reported $0.97 EPS for the quarter, beating analysts’ consensus estimates of $0.93 by $0.04. The firm had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.55 billion. Fortive had a net margin of 14.35% and a return on equity of 12.56%. The company’s revenue was up 2.7% on a year-over-year basis. During the same period last year, the firm posted $0.85 EPS.

Fortive Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, September 27th. Stockholders of record on Tuesday, September 17th were issued a $0.08 dividend. This represents a $0.32 annualized dividend and a dividend yield of 0.45%. The ex-dividend date was Friday, September 13th. Fortive’s payout ratio is 12.75%.

Insider Activity at Fortive

In related news, CFO Charles E. Mclaughlin sold 6,864 shares of the firm’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $74.03, for a total value of $508,141.92. Following the completion of the sale, the chief financial officer now owns 73,391 shares in the company, valued at $5,433,135.73. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In related news, CFO Charles E. Mclaughlin sold 6,864 shares of the firm’s stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $74.03, for a total value of $508,141.92. Following the completion of the sale, the chief financial officer now owns 73,391 shares in the company, valued at $5,433,135.73. This trade represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Jonathan L. Schwarz sold 14,223 shares of Fortive stock in a transaction dated Friday, September 13th. The stock was sold at an average price of $73.80, for a total transaction of $1,049,657.40. Following the transaction, the senior vice president now owns 68,161 shares of the company’s stock, valued at approximately $5,030,281.80. The trade was a 0.00 % decrease in their position. The disclosure for this sale can be found here. Company insiders own 1.01% of the company’s stock.

Hedge Funds Weigh In On Fortive

A number of institutional investors have recently modified their holdings of the company. Capital Performance Advisors LLP purchased a new stake in Fortive during the third quarter worth approximately $25,000. Ridgewood Investments LLC bought a new position in shares of Fortive during the second quarter worth about $30,000. International Assets Investment Management LLC bought a new position in Fortive in the 2nd quarter valued at about $30,000. Goodman Advisory Group LLC bought a new position in Fortive in the 2nd quarter valued at about $31,000. Finally, Advisors Asset Management Inc. bought a new position in Fortive in the 1st quarter valued at about $32,000. Institutional investors and hedge funds own 94.94% of the company’s stock.

Fortive Company Profile

Fortive Corporation designs, develops, manufactures, and services professional and engineered products, software, and services in the United States, China, and internationally. It operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries.