Wells Fargo & Company Issues Positive Forecast for Fortive (NYSE:FTV) Stock Price

Fortive (NYSE:FTV) had its price target increased by equities researchers at Wells Fargo & Company from $59.00 to $65.00 in a report released on Thursday,Benzinga reports. The firm presently has an “equal weight” rating on the technology company’s stock. Wells Fargo & Company‘s price objective would suggest a potential upside of 7.42% from the stock’s current price.

Other equities research analysts have also recently issued research reports about the stock. JPMorgan Chase & Co. reiterated an “underweight” rating and set a $57.00 price target (up previously from $55.00) on shares of Fortive in a research report on Friday, January 16th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Fortive in a report on Monday, December 29th. Morgan Stanley upped their target price on shares of Fortive from $50.00 to $53.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 5th. Barclays upped their price objective on Fortive from $54.00 to $56.00 and gave the company an “equal weight” rating in a report on Thursday, October 30th. Finally, Citigroup restated a “neutral” rating on shares of Fortive in a report on Thursday. Two research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $59.46.

Fortive Trading Up 0.6%

Shares of NYSE FTV traded up $0.38 during midday trading on Thursday, hitting $60.51. The stock had a trading volume of 1,766,337 shares, compared to its average volume of 3,821,947. The firm has a market cap of $19.22 billion, a P/E ratio of 34.58, a price-to-earnings-growth ratio of 3.05 and a beta of 1.12. Fortive has a fifty-two week low of $46.34 and a fifty-two week high of $83.32. The company has a debt-to-equity ratio of 0.33, a current ratio of 0.70 and a quick ratio of 0.58. The company’s 50-day simple moving average is $54.64 and its 200 day simple moving average is $51.18.

Fortive (NYSE:FTV) last posted its quarterly earnings results on Wednesday, February 4th. The technology company reported $0.90 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.83 by $0.07. The business had revenue of $1.12 billion for the quarter, compared to analysts’ expectations of $1.09 billion. Fortive had a return on equity of 12.04% and a net margin of 11.72%.The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the business earned $1.17 earnings per share. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. Research analysts anticipate that Fortive will post 4.05 EPS for the current year.

Hedge Funds Weigh In On Fortive

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. True Wealth Design LLC raised its position in shares of Fortive by 815.4% in the second quarter. True Wealth Design LLC now owns 476 shares of the technology company’s stock valued at $25,000 after purchasing an additional 424 shares during the period. Geneos Wealth Management Inc. grew its stake in Fortive by 246.2% in the 1st quarter. Geneos Wealth Management Inc. now owns 502 shares of the technology company’s stock valued at $37,000 after buying an additional 357 shares during the last quarter. Quent Capital LLC bought a new position in Fortive in the 3rd quarter valued at about $28,000. Exchange Traded Concepts LLC lifted its position in Fortive by 46.7% during the third quarter. Exchange Traded Concepts LLC now owns 741 shares of the technology company’s stock worth $36,000 after acquiring an additional 236 shares during the last quarter. Finally, J.Safra Asset Management Corp boosted its holdings in shares of Fortive by 71.1% during the third quarter. J.Safra Asset Management Corp now owns 782 shares of the technology company’s stock worth $38,000 after acquiring an additional 325 shares during the period. 94.94% of the stock is owned by institutional investors.

Key Stories Impacting Fortive

Here are the key news stories impacting Fortive this week:

• Positive Sentiment: Q4 results beat expectations — EPS $0.90 vs. $0.83 est. and revenue $1.12B vs. $1.09B; revenue grew ~4.7% YoY. This beat provided the immediate catalyst for the rally. Fortive’s (NYSE:FTV) Q4 CY2025 Sales Beat Estimates
• Positive Sentiment: Raised/above‑consensus FY‑2026 guidance — management set EPS guidance of $2.90–$3.00 vs. Street ~$2.84, underpinning the more constructive outlook. Fortive forecasts upbeat annual profit
• Positive Sentiment: Management highlighted new product launches and cost actions as key drivers of outperformance, suggesting sustainable margin improvement potential. FTV Q4 Deep Dive
• Positive Sentiment: Industrial automation strength called out as a durable revenue/profit contributor — cited by management as support for the upbeat 2026 outlook. Reuters: Fortive forecasts upbeat annual profit
• Neutral Sentiment: Full earnings materials and call transcripts are available (press release, slide deck, and multiple transcripts) for investors wanting detail on segment trends and margin drivers. Business Wire: Fortive Reports Q4 and FY2025 Results
• Negative Sentiment: Q4 EPS declined year‑over‑year (from $1.17 to $0.90) despite beating estimates, highlighting uneven near‑term comparables that investors should monitor. MarketBeat: Q4 results and call materials
• Negative Sentiment: Financial profile concerns — liquidity ratios are low (current ~0.70, quick ~0.58) and valuation is elevated (PE ~34.6), which could limit upside if growth slows or execution stumbles. (Company financials and market data)

Fortive Company 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.