Plato Investment Management Ltd Acquires Shares of 25,415 Fortive Corporation $FTV

Posted by Brian Himes on Aug 18th, 2026

Plato Investment Management Ltd bought a new stake in Fortive Corporation (NYSE:FTV – Free Report) in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 25,415 shares of the technology company’s stock, valued at approximately $1,544,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Norges Bank acquired a new position in shares of Fortive during the fourth quarter valued at $491,928,000. Northwestern Mutual Wealth Management Co. increased its position in Fortive by 102,687.8% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 7,487,060 shares of the technology company’s stock worth $413,361,000 after purchasing an additional 7,479,776 shares during the period. Viking Global Investors LP increased its position in Fortive by 28.7% in 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 purchasing an additional 4,571,056 shares during the period. Price T Rowe Associates Inc. MD raised its holdings in Fortive by 29.2% during 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 purchasing an additional 4,532,031 shares during the last quarter. Finally, Hotchkis & Wiley Capital Management LLC raised its holdings in Fortive by 205.6% during the 3rd quarter. Hotchkis & Wiley Capital Management LLC now owns 3,719,200 shares of the technology company’s stock worth $182,204,000 after purchasing an additional 2,502,300 shares during the last quarter. Institutional investors own 94.94% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on FTV shares. JPMorgan Chase & Co. raised their target price on shares of Fortive from $63.00 to $64.00 and gave the company an “underweight” rating in a research note on Tuesday, May 12th. Royal Bank Of Canada boosted their price target on shares of Fortive from $59.00 to $63.00 and gave the stock a “sector perform” rating in a research note on Friday, May 1st. Wells Fargo & Company increased their price objective on shares of Fortive from $58.00 to $65.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. Morgan Stanley raised their price objective on shares of Fortive from $58.00 to $59.00 and gave the company an “equal weight” rating in a research note on Wednesday, June 3rd. Finally, Citigroup lifted their target price on shares of Fortive from $64.00 to $65.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Two equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the company’s stock. According to data from MarketBeat, Fortive presently has an average rating of “Hold” and a consensus price target of $63.10.

View Our Latest Report on Fortive

Insiders Place Their Bets

In related news, SVP Peter C. Underwood sold 8,662 shares of the business’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $61.59, for a total transaction of $533,492.58. Following the completion of the transaction, the senior vice president owned 79,118 shares in the company, valued at approximately $4,872,877.62. The trade was a 9.87% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.65% of the stock is owned by insiders.

Fortive Trading Down 1.7%

NYSE FTV opened at $60.60 on Tuesday. Fortive Corporation has a 12 month low of $46.54 and a 12 month high of $64.56. The stock has a 50-day simple moving average of $61.26 and a 200 day simple moving average of $59.25. The company has a current ratio of 1.24, a quick ratio of 1.00 and a debt-to-equity ratio of 0.58. The company has a market capitalization of $18.30 billion, a PE ratio of 35.86 and a beta of 1.06.

Fortive (NYSE:FTV – Get Free Report) last issued its earnings results on Wednesday, July 29th. The technology company reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.03. The firm had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Fortive had a return on equity of 15.33% and a net margin of 12.38%.The company’s revenue was up 8.0% compared to the same quarter last year. During the same quarter last year, the business earned $0.90 earnings per share. Fortive has set its FY 2026 guidance at 2.950-3.050 EPS. Research analysts forecast that Fortive Corporation will post 3.01 EPS for the current year.

Fortive Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Monday, June 22nd were paid a dividend of $0.06 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.24 annualized dividend and a yield of 0.4%. Fortive’s dividend payout ratio (DPR) is presently 14.20%.

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

Fortive Company 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.