Empowered Funds LLC Invests $1.15 Million in Fortive Corporation $FTV

Posted by Stanley Muller on Sep 5th, 2026

Empowered Funds LLC bought a new stake in Fortive Corporation (NYSE:FTV – Free Report) during the 2nd quarter, HoldingsChannel reports. The fund bought 18,824 shares of the technology company’s stock, valued at approximately $1,150,000.

Other large investors have also recently added to or reduced their stakes in the company. DV Equities LLC acquired a new position in Fortive during the 4th quarter worth approximately $25,000. Virtus Advisers LLC purchased a new stake in shares of Fortive in the second quarter valued at approximately $30,000. Keating Financial Advisory Services Inc. acquired a new position in Fortive during the second quarter worth $30,000. Root Financial Partners LLC lifted its holdings in Fortive by 43.6% in the fourth quarter. Root Financial Partners LLC now owns 553 shares of the technology company’s stock valued at $31,000 after acquiring an additional 168 shares during the period. Finally, Main Street Group LTD acquired a new stake in Fortive in the first quarter valued at $31,000. 94.94% of the stock is owned by hedge funds and other institutional investors.

Fortive Trading Down 1.0%

Shares of FTV opened at $56.97 on Friday. The stock has a fifty day moving average of $60.69 and a two-hundred day moving average of $59.42. Fortive Corporation has a fifty-two week low of $47.01 and a fifty-two week high of $64.56. The company has a market capitalization of $17.21 billion, a PE ratio of 33.71, a price-to-earnings-growth ratio of 2.39 and a beta of 1.05. The company has a debt-to-equity ratio of 0.58, a quick ratio of 1.00 and a current ratio of 1.24.

Fortive (NYSE:FTV – Get Free Report) last released its quarterly earnings data on Wednesday, July 29th. The technology company reported $0.74 EPS for the quarter, topping analysts’ consensus estimates of $0.71 by $0.03. The business had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.07 billion. Fortive had a return on equity of 15.33% and a net margin of 12.38%.The business’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same period in the prior year, the firm posted $0.90 EPS. Fortive has set its FY 2026 guidance at 2.950-3.050 EPS. As a group, analysts forecast that Fortive Corporation will post 3.02 EPS for the current year.

Fortive Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Shareholders of record on Friday, September 4th will be given a $0.07 dividend. This represents a $0.28 annualized dividend and a yield of 0.5%. This is a positive change from Fortive’s previous quarterly dividend of $0.06. The ex-dividend date of this dividend is Friday, September 4th. Fortive’s dividend payout ratio is 14.20%.

Analyst Ratings Changes

A number of research analysts have issued reports on the stock. Morgan Stanley increased their target price on shares of Fortive from $58.00 to $59.00 and gave the company an “equal weight” rating in a report on Wednesday, June 3rd. Weiss Ratings lowered Fortive from a “hold (c)” rating to a “hold (c-)” rating in a report on Thursday, August 27th. Truist Financial reaffirmed a “hold” rating and set a $68.00 price target (up from $67.00) on shares of Fortive in a research note on Thursday, July 30th. 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 report on Tuesday, May 12th. Finally, Argus reiterated a “buy” rating and issued a $68.00 price target on shares of Fortive in a research report on Wednesday, August 19th. Two research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $63.10.

Get Our Latest Stock Report on Fortive

Insider Activity

In other news, SVP Peter C. Underwood sold 8,662 shares of the business’s stock in a transaction 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 transaction, the senior vice president directly owned 79,118 shares of the company’s stock, valued at approximately $4,872,877.62. The trade was a 9.87% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.65% of the stock is owned by corporate insiders.

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.

Want to see what other hedge funds are holding FTV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fortive Corporation (NYSE:FTV – Free Report).

Institutional Ownership by Quarter for Fortive (NYSE:FTV)

Receive News & Ratings for Fortive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortive and related companies with MarketBeat.com's FREE daily email newsletter.