Fortive Corporation $FTV Shares Bought by Midwest Trust Co

Posted by Geri Gentry on Jul 13th, 2026

Midwest Trust Co raised its position in Fortive Corporation (NYSE:FTV – Free Report) by 5.6% during the first quarter, Holdings Channel.com reports. The firm owned 202,294 shares of the technology company’s stock after buying an additional 10,688 shares during the period. Midwest Trust Co’s holdings in Fortive were worth $11,183,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Fifth Third Bancorp lifted its position in Fortive by 535.7% during the first quarter. Fifth Third Bancorp now owns 69,042 shares of the technology company’s stock worth $3,817,000 after buying an additional 58,182 shares during the period. Candriam S.C.A. lifted its position in Fortive by 404.5% during the first quarter. Candriam S.C.A. now owns 327,358 shares of the technology company’s stock valued at $18,096,000 after buying an additional 262,471 shares in the last quarter. Resona Asset Management Co. Ltd. lifted its holdings in shares of Fortive by 3.1% during the 1st quarter. Resona Asset Management Co. Ltd. now owns 109,805 shares of the technology company’s stock valued at $6,036,000 after acquiring an additional 3,310 shares in the last quarter. Munich Reinsurance Co Stock Corp in Munich lifted its stake in shares of Fortive by 221.8% during the first quarter. Munich Reinsurance Co Stock Corp in Munich now owns 302,239 shares of the technology company’s stock worth $16,708,000 after purchasing an additional 208,304 shares in the last quarter. Finally, Montag A & Associates Inc. boosted its holdings in Fortive by 28.3% in the 1st quarter. Montag A & Associates Inc. now owns 15,621 shares of the technology company’s stock worth $864,000 after acquiring an additional 3,444 shares during the period. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Fortive Trading Up 0.1%

Shares of NYSE:FTV opened at $62.26 on Monday. The company has a debt-to-equity ratio of 0.43, a quick ratio of 0.57 and a current ratio of 0.71. The stock has a market capitalization of $18.98 billion, a price-to-earnings ratio of 37.28 and a beta of 1.06. The company has a 50 day moving average price of $60.56 and a 200 day moving average price of $58.12. Fortive Corporation has a 1-year low of $46.34 and a 1-year high of $64.33.

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

Fortive declared that its board has authorized a share buyback program on Monday, May 4th that authorizes the company to repurchase 20,000,000 outstanding shares. This repurchase authorization authorizes the technology company to purchase shares of its stock through open market purchases. Shares repurchase programs are typically a sign that the company’s management believes its stock is undervalued.

Fortive Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Shareholders of record on Monday, June 22nd were given a dividend of $0.06 per share. This represents a $0.24 annualized dividend and a yield of 0.4%. The ex-dividend date was Monday, June 22nd. Fortive’s payout ratio is presently 14.37%.

Insider Buying and Selling at Fortive

In related news, SVP Peter C. Underwood sold 47,557 shares of the company’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $60.81, for a total transaction of $2,891,941.17. Following the transaction, the senior vice president directly 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 ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.65% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on FTV shares. Royal Bank Of Canada upped their price objective on shares of Fortive from $59.00 to $63.00 and gave the company a “sector perform” rating in a research report on Friday, May 1st. Morgan Stanley lifted their price objective on shares of Fortive from $58.00 to $59.00 and gave the stock an “equal weight” rating in a report on Wednesday, June 3rd. Wells Fargo & Company lifted 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 shares of Fortive from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a research report on Monday, May 11th. Finally, Citigroup increased their price objective on Fortive from $64.00 to $65.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Two research analysts have rated the stock with a Buy rating, ten have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $61.83.

Read Our Latest Analysis on Fortive

Fortive Profile

(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.