Fortive Corporation $FTV Holdings Boosted by OMERS ADMINISTRATION Corp

OMERS ADMINISTRATION Corp raised its stake in Fortive Corporation (NYSE:FTV) by 97.0% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 24,833 shares of the technology company’s stock after acquiring an additional 12,230 shares during the period. OMERS ADMINISTRATION Corp’s holdings in Fortive were worth $1,373,000 as of its most recent SEC filing.

Other institutional investors also recently made changes to their positions in the company. DV Equities LLC bought a new stake in shares of Fortive in the 4th quarter worth approximately $25,000. Root Financial Partners LLC grew its stake in Fortive by 43.6% during the 4th quarter. Root Financial Partners LLC now owns 553 shares of the technology company’s stock worth $31,000 after buying an additional 168 shares during the last quarter. Main Street Group LTD bought a new position in Fortive during the 1st quarter worth $31,000. Geneos Wealth Management Inc. increased its position in Fortive by 246.2% in the first quarter. Geneos Wealth Management Inc. now owns 502 shares of the technology company’s stock worth $37,000 after buying an additional 357 shares during the period. Finally, Dorato Capital Management bought a new stake in Fortive in the fourth quarter valued at $45,000. 94.94% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several equities analysts have recently commented on the stock. Royal Bank Of Canada upped their price target on shares of Fortive from $59.00 to $63.00 and gave the stock a “sector perform” rating in a research report on Friday, May 1st. Argus raised shares of Fortive from a “hold” rating to a “buy” rating and set a $68.00 target price for the company in a research note on Monday, May 11th. Zacks Research lowered shares of Fortive from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, April 21st. Wells Fargo & Company lifted their price target on Fortive from $58.00 to $65.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. Finally, Truist Financial boosted their price objective on Fortive from $61.00 to $67.00 and gave the stock a “hold” rating in a research report on Thursday, July 2nd. Two investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $63.00.

Fortive Price Performance

Shares of NYSE FTV opened at $59.38 on Thursday. Fortive Corporation has a fifty-two week low of $46.34 and a fifty-two week high of $64.56. The firm’s 50-day simple moving average is $61.02 and its 200 day simple moving average is $58.69. The company has a quick ratio of 0.57, a current ratio of 0.71 and a debt-to-equity ratio of 0.43. The stock has a market cap of $17.96 billion, a P/E ratio of 35.56 and a beta of 1.06.

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

Fortive Dividend Announcement

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

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

Fortive News Summary

Here are the key news stories impacting Fortive this week:

• Positive Sentiment: Fortive reported second-quarter adjusted EPS of $0.74, ahead of the $0.71 analyst consensus, while revenue reached approximately $1.10 billion versus expectations of $1.07 billion. Revenue increased 8% year over year. Fortive Reports Second Quarter 2026 Results
• Positive Sentiment: Underlying momentum improved: core revenue growth accelerated to 6.7%, adjusted EBITDA rose 12%, and adjusted EPS growth was 28%, according to the company. Management cited resilient demand in its industrial automation business as a key driver. Industrial products maker Fortive lifts profit view on strong automation business
• Positive Sentiment: Fortive raised its fiscal 2026 adjusted EPS guidance to $2.95–$3.05, broadly consistent with the $2.99 consensus, and highlighted improved cash generation and continued capital-allocation actions, including additional share repurchases. FTV Q2 Earnings Beat on Core Growth, Guidance Raised
• Neutral Sentiment: The company’s outlook implies continued growth, but the midpoint of the revised guidance is only slightly below or near some analyst expectations, limiting the potential for a major positive surprise. Fortive Q2 2026 Earnings Call Transcript
• Negative Sentiment: Reported EPS declined from $0.90 in the year-ago quarter to $0.74, even though revenue grew, which may have raised concerns about comparisons and earnings quality. With Fortive trading at a relatively elevated earnings multiple, investors may also have expected a larger guidance increase.

Insider Activity

In related news, SVP Peter C. Underwood sold 47,557 shares of the firm’s stock in a transaction that occurred on 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 transaction, the senior vice president owned 87,780 shares in the company, valued at $5,337,901.80. This trade represents a 35.14% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.65% of the stock is owned by company insiders.

Fortive Profile

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.