Fortive (NYSE:FTV) Releases FY 2026 Earnings Guidance

Fortive (NYSE:FTV) updated its FY 2026 earnings guidance on Thursday. The company provided earnings per share (EPS) guidance of 2.900-3.000 for the period, compared to the consensus estimate of 2.960. The company issued revenue guidance of -.

Analyst Ratings Changes

FTV has been the topic of a number of recent research reports. Morgan Stanley raised their price target on shares of Fortive from $53.00 to $58.00 and gave the stock an “equal weight” rating in a research report on Wednesday, March 18th. Wells Fargo & Company lowered their price target on shares of Fortive from $65.00 to $58.00 and set an “equal weight” rating on the stock in a research report on Wednesday, April 1st. Mizuho reaffirmed an “underperform” rating and set a $51.00 price target (down from $54.00) on shares of Fortive in a research report on Monday, January 5th. Truist Financial lowered their price target on shares of Fortive from $57.00 to $56.00 and set a “hold” rating on the stock in a research report on Monday, April 20th. Finally, Barclays raised their price target on shares of Fortive from $56.00 to $63.00 and gave the stock an “equal weight” rating in a research report on Monday, February 9th. Two analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat, Fortive currently has a consensus rating of “Hold” and a consensus target price of $60.00.

Fortive Price Performance

Shares of NYSE FTV traded down $1.98 during mid-day trading on Thursday, reaching $59.77. The company had a trading volume of 7,359,439 shares, compared to its average volume of 2,778,471. The company has a debt-to-equity ratio of 0.36, a quick ratio of 0.58 and a current ratio of 0.71. Fortive has a one year low of $46.34 and a one year high of $74.67. The firm has a market cap of $18.40 billion, a price-to-earnings ratio of 34.55, a PEG ratio of 3.34 and a beta of 1.09. The business’s 50-day simple moving average is $57.70 and its 200 day simple moving average is $55.06.

Fortive (NYSE:FTV) last released its earnings results on Thursday, April 30th. The technology company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.06. Fortive had a return on equity of 11.98% and a net margin of 12.48%.The firm had revenue of $2.14 billion for the quarter, compared to analysts’ expectations of $1.04 billion. During the same quarter in the previous year, the business posted $0.85 earnings per share. The business’s revenue for the quarter was up 7.7% on a year-over-year basis. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. On average, research analysts predict that Fortive will post 2.94 earnings per share for the current fiscal year.

Fortive Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were given a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date was Friday, March 13th. Fortive’s payout ratio is currently 13.87%.

Insider Transactions at Fortive

In other Fortive news, Director Kate Mitchell sold 7,131 shares of Fortive stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $58.34, for a total value of $416,022.54. Following the transaction, the director owned 31,775 shares in the company, valued at $1,853,753.50. The trade was a 18.33% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.92% of the stock is currently owned by corporate insiders.

Key Stories Impacting Fortive

Here are the key news stories impacting Fortive this week:

• Positive Sentiment: Q1 results beat consensus: Fortive reported quarterly EPS above expectations and revenue that grew year‑over‑year, driven by solid end-market demand and execution. This beat supports the company’s near‑term fundamentals. Business Wire Release
• Positive Sentiment: Profitability metrics strong: Management highlighted ~13% adjusted EBITDA growth and roughly 25% adjusted EPS growth, indicating improving operating leverage as Fortive executes its Fortive Accelera initiatives. Earnings Release
• Neutral Sentiment: Full investor materials and call transcript available: Management provided an earnings presentation and call transcript with detail on segment performance and strategy execution for those who want deeper read-throughs. Earnings Call Transcript Presentation
• Neutral Sentiment: Sector tailwinds noted: Analysts point to continued demand in electronics‑testing and industrial instrumentation that could support Fortive’s growth, although cyclicality remains a factor. Zacks Industry Note
• Negative Sentiment: FY26 guidance slightly cautious vs. street: Management set FY26 EPS guidance of $2.90–$3.00, slightly bracketing but a touch below consensus — a modest headwind that likely trimmed investor enthusiasm despite the quarter beat. Guidance Update
• Negative Sentiment: Mixed year‑over‑year signal: While adjusted metrics improved, some reported metrics and prior‑year comparisons (including a higher GAAP EPS in the prior period) complicate the headline narrative and gave traders a reason to take profits. MarketBeat Summary

Institutional Trading of Fortive

A number of hedge funds have recently made changes to their positions in the company. Empowered Funds LLC boosted its stake in shares of Fortive by 2.3% during the fourth quarter. Empowered Funds LLC now owns 8,733 shares of the technology company’s stock valued at $482,000 after purchasing an additional 197 shares in the last quarter. Smartleaf Asset Management LLC lifted its stake in shares of Fortive by 13.2% in the fourth quarter. Smartleaf Asset Management LLC now owns 2,514 shares of the technology company’s stock worth $141,000 after acquiring an additional 294 shares during the period. Geneos Wealth Management Inc. lifted its stake in shares of 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 acquiring an additional 357 shares during the period. Cresset Asset Management LLC lifted its stake in shares of Fortive by 7.8% in the third quarter. Cresset Asset Management LLC now owns 5,600 shares of the technology company’s stock worth $274,000 after acquiring an additional 403 shares during the period. Finally, Lido Advisors LLC lifted its stake in shares of Fortive by 8.9% in the fourth quarter. Lido Advisors LLC now owns 4,983 shares of the technology company’s stock worth $275,000 after acquiring an additional 406 shares during the period. 94.94% of the stock is owned by institutional investors and hedge funds.

About Fortive

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.