Research Analysts Offer Predictions for Fortive Q1 Earnings

Fortive Co. (NYSE:FTV - Free Report) - Investment analysts at Seaport Res Ptn lowered their Q1 2025 earnings estimates for Fortive in a research note issued on Wednesday, October 30th. Seaport Res Ptn analyst S. Graham now forecasts that the technology company will post earnings per share of $0.91 for the quarter, down from their prior estimate 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.

FTV has been the topic of a number of other research reports. Wolfe Research cut Fortive from an "outperform" rating to a "peer perform" rating in a report on Friday, September 6th. Wells Fargo & Company cut their target price on shares of Fortive from $82.00 to $77.00 and set an "equal weight" rating for the company in a research note on Thursday. TD Cowen raised shares of Fortive from a "hold" rating to a "buy" rating and raised their price target for the stock from $75.00 to $90.00 in a research note on Monday, July 8th. JPMorgan Chase & Co. raised shares of Fortive from a "neutral" rating to an "overweight" rating and upped their price objective for the company from $90.00 to $92.00 in a research note on Thursday, October 10th. Finally, Raymond James upgraded shares of Fortive from a "market perform" rating to an "outperform" rating and set a $85.00 target price on the stock in a research report on Thursday, September 5th. Four analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company's stock. Based on data from MarketBeat.com, Fortive has an average rating of "Moderate Buy" and a consensus price target of $88.20.

Fortive Price Performance

Shares of NYSE FTV traded down $0.18 on Monday, hitting $71.16. The company's stock had a trading volume of 3,313,565 shares, compared to its average volume of 1,914,721. 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 stock has a 50 day moving average of $75.27 and a 200-day moving average of $74.39. Fortive has a 12-month low of $64.69 and a 12-month high of $87.10. The company has a market capitalization of $24.69 billion, a price-to-earnings ratio of 28.42, a price-to-earnings-growth ratio of 1.96 and a beta of 1.13.

Fortive (NYSE:FTV - Get Free Report) last posted its earnings results on Wednesday, October 30th. The technology company reported $0.97 EPS for the quarter, topping analysts' consensus estimates of $0.93 by $0.04. Fortive had a return on equity of 12.56% and a net margin of 14.35%. The company had revenue of $1.53 billion for the quarter, compared to the consensus estimate of $1.55 billion. During the same period in the previous year, the business earned $0.85 earnings per share. Fortive's quarterly revenue was up 2.7% compared to the same quarter last year.

Hedge Funds Weigh In On Fortive

Several large investors have recently added to or reduced their stakes in FTV. Capital Performance Advisors LLP bought a new stake in Fortive during the third quarter valued at $25,000. Advisors Asset Management Inc. bought a new stake in shares of Fortive during the 1st quarter valued at about $32,000. Ridgewood Investments LLC acquired a new stake in Fortive during the second quarter worth about $30,000. International Assets Investment Management LLC acquired a new stake in Fortive during the second quarter worth about $30,000. Finally, Goodman Advisory Group LLC bought a new position in Fortive in the second quarter worth about $31,000. 94.94% of the stock is currently owned by institutional investors.

Insider Activity at Fortive

In other Fortive news, SVP Jonathan L. Schwarz sold 14,223 shares of the company's stock in a transaction dated Friday, September 13th. The shares were sold at an average price of $73.80, for a total value of $1,049,657.40. Following the completion of the transaction, the senior vice president now directly owns 68,161 shares of the company's stock, valued at $5,030,281.80. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. In other Fortive news, SVP Jonathan L. Schwarz sold 14,223 shares of the company's stock in a transaction that occurred on Friday, September 13th. The stock was sold at an average price of $73.80, for a total value of $1,049,657.40. Following the transaction, the senior vice president now directly owns 68,161 shares of the company's stock, valued at $5,030,281.80. This represents a 0.00 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Charles E. Mclaughlin sold 6,864 shares of the stock in a transaction on Friday, September 13th. The shares were sold at an average price of $74.03, for a total transaction of $508,141.92. Following the transaction, 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 disclosure for this sale can be found here. Company insiders own 1.01% of the company's stock.

Fortive Dividend Announcement

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

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.