What is Seaport Res Ptn’s Forecast for Fortive Q1 Earnings?

Fortive Co. (NYSE:FTV) – Stock analysts at Seaport Res Ptn decreased their Q1 2025 earnings per share estimates for shares of Fortive in a research note issued on Monday, December 23rd. Seaport Res Ptn analyst S. Graham now forecasts that the technology company will earn $0.90 per share for the quarter, down from their prior estimate of $0.91. 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 $0.99 EPS, Q3 2025 earnings at $1.00 EPS, FY2025 earnings at $4.07 EPS, Q1 2026 earnings at $1.00 EPS, Q2 2026 earnings at $1.11 EPS, Q3 2026 earnings at $1.10 EPS and FY2026 earnings at $4.50 EPS.

Fortive (NYSE:FTV) last issued its quarterly earnings data on Wednesday, October 30th. The technology company reported $0.97 earnings per share for the quarter, beating the consensus estimate of $0.93 by $0.04. The company had revenue of $1.53 billion for the quarter, compared to analyst estimates 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 in the prior year, the firm earned $0.85 earnings per share.

A number of other equities analysts have also weighed in on FTV. Citigroup lowered Fortive from a “buy” rating to a “neutral” rating and lowered their target price for the stock from $92.00 to $86.00 in a research note on Monday, December 9th. Morgan Stanley started coverage on shares of Fortive in a research note on Friday, September 6th. They issued an “overweight” rating and a $89.00 price target on the stock. 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 for the company in a report on Thursday, September 5th. Finally, Royal Bank of Canada lowered their target price on shares of Fortive from $85.00 to $77.00 and set a “sector perform” rating on the stock in a report on Thursday, October 31st. Seven investment analysts have rated the stock with a hold rating and eight have assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $86.82.

Fortive Stock Up 0.7 %

Fortive stock opened at $75.00 on Tuesday. The company’s 50-day moving average price is $76.09 and its two-hundred day moving average price is $74.43. The company has a quick ratio of 0.99, a current ratio of 1.25 and a debt-to-equity ratio of 0.33. The stock has a market cap of $26.02 billion, a P/E ratio of 29.88, a P/E/G ratio of 2.15 and a beta of 1.14. Fortive has a twelve month low of $66.15 and a twelve month high of $87.10.

Fortive Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, December 27th. Shareholders of record on Friday, November 29th will be issued a $0.08 dividend. This represents a $0.32 dividend on an annualized basis and a dividend yield of 0.43%. The ex-dividend date of this dividend is Friday, November 29th. Fortive’s dividend payout ratio is presently 12.75%.

Insider Activity

In other news, SVP Peter C. Underwood sold 5,000 shares of the company’s stock in a transaction on Monday, November 11th. The shares were sold at an average price of $76.58, for a total transaction of $382,900.00. Following the completion of the transaction, the senior vice president now directly owns 48,346 shares in the company, valued at approximately $3,702,336.68. This represents a 9.37 % decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, SVP Stacey A. Walker sold 171,808 shares of the firm’s stock in a transaction on Friday, November 1st. The shares were sold at an average price of $71.71, for a total value of $12,320,351.68. Following the sale, the senior vice president now directly owns 42,651 shares in the company, valued at approximately $3,058,503.21. This trade represents a 80.11 % decrease in their position. The disclosure for this sale can be found here. Corporate insiders own 1.01% of the company’s stock.

Hedge Funds Weigh In On Fortive

Several large investors have recently bought and sold shares of the company. Capital Performance Advisors LLP acquired a new position in shares of Fortive in the third quarter valued at approximately $25,000. Ridgewood Investments LLC bought a new position in shares of Fortive during the second quarter valued at $30,000. International Assets Investment Management LLC acquired a new position in shares of Fortive during the second quarter worth $30,000. Goodman Advisory Group LLC bought a new stake in shares of Fortive in the second quarter worth $31,000. Finally, Pinnacle Bancorp Inc. increased its holdings in Fortive by 71.0% in the third quarter. Pinnacle Bancorp Inc. now owns 424 shares of the technology company’s stock valued at $33,000 after purchasing an additional 176 shares during the period. 94.94% of the stock is currently owned by institutional investors.

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.