Fortive (NYSE:FTV) Announces Earnings Results, Beats Expectations By $0.07 EPS

Posted by Brian Himes on Oct 28th, 2026

Fortive (NYSE:FTV – Get Free Report) posted its quarterly earnings results on Wednesday. The technology company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.70 by $0.07, FiscalAI reports. The business had revenue of $1.11 billion during the quarter, compared to analysts’ expectations of $1.07 billion. During the same quarter in the previous year, the business posted $0.68 EPS. The company’s quarterly revenue was up 7.8% on a year-over-year basis.

Fortive Price Performance

FTV stock traded up $2.80 during mid-day trading on Wednesday, hitting $64.42. 1,987,829 shares of the company were exchanged, compared to its average volume of 3,071,292. The firm has a fifty day simple moving average of $57.43 and a 200 day simple moving average of $58.50. Fortive has a twelve month low of $49.03 and a twelve month high of $67.03.

Fortive Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 4th were paid a dividend of $0.07 per share. This is a positive change from Fortive’s previous quarterly dividend of $0.06. The ex-dividend date was Friday, September 4th. This represents a $0.28 dividend on an annualized basis and a yield of 0.4%.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Royal Bank Of Canada lowered their price target on Fortive from $63.00 to $59.00 and set a “sector perform” rating for the company in a report on Wednesday, October 14th. Argus reaffirmed a “buy” rating and issued a $68.00 target price on shares of Fortive in a research report on Wednesday, August 19th. JPMorgan Chase & Co. lowered their target price on Fortive from $64.00 to $56.00 and set an “underweight” rating for the company in a research note on Friday, October 9th. Evercore initiated coverage on Fortive in a report on Monday, September 28th. They set a “hold” rating and a $60.00 target price on the stock. Finally, Truist Financial reduced their price target on Fortive from $68.00 to $63.00 and set a “hold” rating on the stock in a research report on Monday, October 5th. Two investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $61.27.

Check Out Our Latest Report on FTV

Insider Activity

In other Fortive news, SVP Peter C. Underwood sold 8,662 shares of the stock in a transaction that occurred on Monday, August 10th. The stock was sold at an average price of $61.59, for a total transaction of $533,492.58. Following the transaction, the senior vice president owned 79,118 shares of the company’s stock, valued at $4,872,877.62. This trade represents a 9.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Company insiders own 0.65% of the company’s stock.

About Fortive

(Get Free Report)

Fortive Corporation (NYSE: FTV) is a diversified industrial technology company that develops and provides products, software and services designed to improve the productivity, safety, reliability and efficiency of businesses and public-sector organizations. Its offerings support customers in industries including manufacturing, healthcare, utilities, transportation, commercial facilities and government.

The company’s portfolio includes electronic test and measurement equipment, calibration and asset-management solutions, workplace and facility-management software, engineering and infrastructure software, product identification and traceability systems, and healthcare technology.