Q1 Earnings Estimate for Fortive Issued By Seaport Res Ptn

Fortive Co. (NYSE:FTV) – Research analysts at Seaport Res Ptn dropped their Q1 2025 earnings estimates for Fortive in a research report issued 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 previous 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.

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

Other equities analysts have also issued reports about the company. TD Cowen upgraded Fortive from a “hold” rating to a “buy” rating and boosted their target price for the stock from $75.00 to $90.00 in a research report on Monday, July 8th. Royal Bank of Canada cut their target price on Fortive from $85.00 to $77.00 and set a “sector perform” rating on the stock in a research note on Thursday, October 31st. Raymond James upgraded Fortive from a “market perform” rating to an “outperform” rating and set a $85.00 price objective on the stock in a research note on Thursday, September 5th. Morgan Stanley started coverage on Fortive in a research note on Friday, September 6th. They set an “overweight” rating and a $89.00 price objective on the stock. Finally, Mizuho raised Fortive from a “neutral” rating to an “outperform” rating and boosted their target price for the stock from $80.00 to $90.00 in a report on Friday, September 6th. Four research analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $88.20.

Fortive Stock Performance

Fortive stock opened at $71.16 on Monday. The stock has a 50-day simple moving average of $75.22 and a 200 day simple moving average of $74.33. The company has a quick ratio of 0.95, a current ratio of 1.25 and a debt-to-equity ratio of 0.33. Fortive has a 12-month low of $64.69 and a 12-month high of $87.10. The stock has a market capitalization of $24.69 billion, a price-to-earnings ratio of 28.35, a P/E/G ratio of 1.96 and a beta of 1.13.

Fortive Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 27th. Investors of record on Tuesday, September 17th were given a dividend of $0.08 per share. 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 is currently 12.75%.

Insider Buying and Selling

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

Hedge Funds Weigh In On Fortive

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Capital Performance Advisors LLP acquired a new position in shares of Fortive in the third quarter worth approximately $25,000. Ridgewood Investments LLC acquired a new position in shares of Fortive in the second quarter worth approximately $30,000. International Assets Investment Management LLC acquired a new position in shares of Fortive in the second quarter worth approximately $30,000. Goodman Advisory Group LLC acquired a new position in shares of Fortive in the second quarter worth approximately $31,000. Finally, Advisors Asset Management Inc. bought a new stake in Fortive in the first quarter worth approximately $32,000. 94.94% of the stock is owned by institutional investors and hedge funds.

About Fortive

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.