Fortive Corporation (NYSE:FTV) Receives Consensus Rating of “Hold” from Brokerages

Posted by Brian Himes on Jun 8th, 2026

Fortive Corporation (NYSE:FTV – Get Free Report) has been given a consensus rating of “Hold” by the sixteen brokerages that are presently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, eleven have issued a hold rating and three have assigned a buy rating to the company. The average 12-month target price among brokerages that have updated their coverage on the stock in the last year is $61.6154.

Several analysts have recently commented on FTV shares. Citigroup increased their price target on shares of Fortive from $64.00 to $65.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Wells Fargo & Company upped their target price on Fortive from $58.00 to $65.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Argus upgraded Fortive from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a report on Monday, May 11th. Morgan Stanley raised their price target on Fortive from $58.00 to $59.00 and gave the stock an “equal weight” rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. boosted their price target on Fortive from $63.00 to $64.00 and gave the stock an “underweight” rating in a report on Tuesday, May 12th.

Read Our Latest Analysis on FTV

Insiders Place Their Bets

In related news, SVP Peter C. Underwood sold 47,557 shares of the business’s stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $60.81, for a total value of $2,891,941.17. Following the completion of the transaction, the senior vice president owned 87,780 shares of the company’s stock, valued at approximately $5,337,901.80. The trade was a 35.14% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.65% of the company’s stock.

Institutional Investors Weigh In On Fortive

Hedge funds and other institutional investors have recently modified their holdings of the company. Dodge & Cox raised its position in shares of Fortive by 3.7% in the fourth quarter. Dodge & Cox now owns 44,157,822 shares of the technology company’s stock valued at $2,437,953,000 after buying an additional 1,562,028 shares during the last quarter. Viking Global Investors LP boosted its position in Fortive by 28.7% during the third quarter. Viking Global Investors LP now owns 20,483,680 shares of the technology company’s stock worth $1,003,495,000 after acquiring an additional 4,571,056 shares during the last quarter. Price T Rowe Associates Inc. MD grew its stake in Fortive by 29.2% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 20,046,352 shares of the technology company’s stock worth $1,106,760,000 after acquiring an additional 4,532,031 shares during the period. Norges Bank acquired a new position in Fortive in the 4th quarter valued at $491,928,000. Finally, Geode Capital Management LLC raised its holdings in Fortive by 1.3% in the 4th quarter. Geode Capital Management LLC now owns 8,787,747 shares of the technology company’s stock valued at $483,327,000 after acquiring an additional 116,939 shares during the last quarter. 94.94% of the stock is currently owned by hedge funds and other institutional investors.

Fortive Trading Up 0.0%

NYSE:FTV opened at $61.30 on Wednesday. Fortive has a 52-week low of $46.34 and a 52-week high of $73.77. 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 fifty day simple moving average of $59.21 and a 200-day simple moving average of $56.75. The company has a market capitalization of $18.69 billion, a PE ratio of 36.71 and a beta of 1.06.

Fortive (NYSE:FTV – Get Free Report) last issued its quarterly earnings data on Thursday, April 30th. The technology company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.06. The firm had revenue of $2.14 billion for the quarter, compared to analysts’ expectations of $1.04 billion. Fortive had a net margin of 12.84% and a return on equity of 12.66%. The firm’s revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the company earned $0.85 EPS. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. On average, equities research analysts expect that Fortive will post 2.97 earnings per share for the current fiscal year.

Fortive announced that its board has approved a share repurchase program on Monday, May 4th that authorizes the company to buyback 20,000,000 shares. This buyback authorization authorizes the technology company to buy shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its stock is undervalued.

About Fortive

(Get Free Report)

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.