FortiveFTV
FTV
About: Fortive is a diversified industrial technology firm with a broad portfolio of mission-critical products and services that include field solutions, product realization, health, and sensing technologies. The company serves a wide range of end markets, including manufacturing, utilities, medical, and electronics. Fortive generated roughly $6.1 billion in revenue in 2023.
Employees: 18,000
0
Funds holding %
of 6,823 funds
0
Analysts bullish %
of 7 analysts
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
298% more call options, than puts
Call options by funds: $36.5M | Put options by funds: $9.17M
40% more funds holding in top 10
Funds holding in top 10: 5 [Q2] → 7 (+2) [Q3]
23% more first-time investments, than exits
New positions opened: 90 | Existing positions closed: 73
2% more capital invested
Capital invested by funds: $25.2B [Q2] → $25.8B (+$572M) [Q3]
1% more funds holding
Funds holding: 820 [Q2] → 827 (+7) [Q3]
7% less repeat investments, than reductions
Existing positions increased: 285 | Existing positions reduced: 307
2.23% less ownership
Funds ownership: 95.71% [Q2] → 93.48% (-2.23%) [Q3]
Research analyst outlook
7 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$77
5%
downside
Avg. target
$85
6%
upside
High target
$90
11%
upside
7 analyst ratings
3 positive
43%
4 neutral
57%
0 negative
0%
JP Morgan Stephen Tusa 70% 1-year accuracy 21 / 30 met price target | 11%upside $90 | Overweight Maintained | 15 Jan 2025 |
Barclays Julian Mitchell 65% 1-year accuracy 72 / 111 met price target | 11%upside $90 | Overweight Maintained | 8 Jan 2025 |
Wells Fargo Joseph O'Dea 71% 1-year accuracy 22 / 31 met price target | 1%downside $80 | Equal-Weight Maintained | 7 Jan 2025 |
Truist Securities Jamie Cook 72% 1-year accuracy 62 / 86 met price target | 11%upside $90 | Buy Maintained | 19 Dec 2024 |
Citigroup Andrew Kaplowitz 69% 1-year accuracy 55 / 80 met price target | 7%upside $86 | Neutral Downgraded | 9 Dec 2024 |
Financial journalist opinion
Neutral
Business Wire
4 weeks ago
Fortive Schedules Fourth Quarter 2024 Earnings Conference Call
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the fourth quarter 2024 on Friday, February 7, 2025 beginning at 12:00 p.m. ET and lasting approximately 1 hour. The call and an accompanying slide presentation will be webcast on the "Investors" section of Fortive's website, www.fortive.com, under "Events/Presentations." A replay of the webcast will be available at the same location shortly after th.
Neutral
Business Wire
1 month ago
Fortive Recommends Rejection by Shareholders of the Mini-Tender Offer by TRC Capital Investment Corporation
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) has been notified of an unsolicited “mini-tender offer” by TRC Capital Investment Corporation (“TRC”) for TRC to purchase for cash up to 1,500,000 shares, or approximately 0.44%, of the outstanding common stock of Fortive, at a price of $75.00 per share. TRC's offer price of $75.00 per share represents a 4.93% discount to the closing price per share of Fortive's common stock on December 6, 2024, the last trading day be.
Neutral
GlobeNewsWire
1 month ago
Fluke Survey Reveals How Data is Powering the Future for Solar Energy Innovation and Growth
OEMs, technicians, and installers are optimistic about solar's future, many believe the industry is hindered by gaps in data and understanding smart technology OEMs, technicians, and installers are optimistic about solar's future, many believe the industry is hindered by gaps in data and understanding smart technology
Neutral
GlobeNewsWire
1 month ago
Fluke Survey Reveals How Data is Powering the Future for Solar Energy Innovation and Growth
OEMs, technicians, and installers are optimistic about solar's future, many believe the industry is hindered by gaps in data and understanding smart technology OEMs, technicians, and installers are optimistic about solar's future, many believe the industry is hindered by gaps in data and understanding smart technology
Neutral
GlobeNewsWire
1 month ago
Fluke Networks Adds Advanced Wi-Fi 6E Troubleshooting Capabilities to LinkIQ
New LinkIQ Duo combines cable, Wi-Fi, and network testing in one easy-to-use solution New LinkIQ Duo combines cable, Wi-Fi, and network testing in one easy-to-use solution
Positive
Zacks Investment Research
1 month ago
3 Electronics Testing Stocks to Watch From a Prospering Industry
The Zacks Electronics - Testing Equipment industry players, such as FTV, AME, and ITRI, are poised to benefit from the solid demand for testing instruments and 5G prospects.
Neutral
GlobeNewsWire
1 month ago
Fluke Survey Reveals 79% of Manufacturers Will Leverage AI to Tackle High-Skilled Labour Shortage
Implementation of AI set to augment and democratize high-skilled work amid persistent skills shortage Implementation of AI set to augment and democratize high-skilled work amid persistent skills shortage
Positive
Zacks Investment Research
1 month ago
Why Is Fortive (FTV) Up 11.2% Since Last Earnings Report?
Fortive (FTV) reported earnings 30 days ago. What's next for the stock?
Neutral
Business Wire
2 months ago
Fortive to Present at the Baird Global Industrial Conference
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, James A. Lico, will be presenting at the Baird 2024 Global Industrial Conference on Wednesday, November 13th, 2024 at 3:55 p.m. ET (12:55 p.m. PT). The audio will be simultaneously webcast and will be archived on www.fortive.com. ABOUT FORTIVE Fortive is a provider of essential technologies for connected workflow solutions across a range of attractive end-mark.
Neutral
Business Wire
2 months ago
Fortive Declares Regular Quarterly Dividend on its Common Stock
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of its common stock, par value $0.01 per share, payable on December 27, 2024 to common stockholders of record on November 29, 2024. Although Fortive expects to pay dividends on a quarterly basis, any subsequent declaration of dividends, including the amount, the record dates and the payment dates for any such futur.
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