Fortive Corporation $FTV Shares Acquired by Franklin Resources Inc.

Posted by George Bondi on Jun 11th, 2026

Franklin Resources Inc. increased its position in Fortive Corporation (NYSE:FTV – Free Report) by 8.1% in the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 2,164,389 shares of the technology company’s stock after purchasing an additional 161,584 shares during the period. Franklin Resources Inc.’s holdings in Fortive were worth $119,496,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently bought and sold shares of the stock. Root Financial Partners LLC boosted its stake 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. Rothschild Investment LLC boosted its stake in Fortive by 20.5% in the fourth quarter. Rothschild Investment LLC now owns 1,113 shares of the technology company’s stock valued at $61,000 after acquiring an additional 189 shares during the period. Park Avenue Securities LLC boosted its stake in Fortive by 2.5% in the fourth quarter. Park Avenue Securities LLC now owns 8,401 shares of the technology company’s stock valued at $464,000 after acquiring an additional 208 shares during the period. Clearstead Trust LLC boosted its stake in Fortive by 29.8% in the fourth quarter. Clearstead Trust LLC now owns 953 shares of the technology company’s stock valued at $53,000 after acquiring an additional 219 shares during the period. Finally, Transcend Capital Advisors LLC boosted its stake in Fortive by 4.8% in the fourth quarter. Transcend Capital Advisors LLC now owns 5,534 shares of the technology company’s stock valued at $306,000 after acquiring an additional 252 shares during the period. 94.94% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Fortive

In other news, SVP Peter C. Underwood sold 47,557 shares of Fortive stock in a transaction that occurred 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 sale, 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 ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.65% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on FTV. Citigroup lifted their target price on Fortive from $64.00 to $65.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. 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. Royal Bank Of Canada lifted their target price on Fortive from $59.00 to $63.00 and gave the company a “sector perform” rating in a research note on Friday, May 1st. Truist Financial restated a “hold” rating and issued a $61.00 target price (up from $56.00) on shares of Fortive in a research note on Monday, May 4th. Finally, JPMorgan Chase & Co. lifted their target price on Fortive from $63.00 to $64.00 and gave the company an “underweight” rating in a research note on Tuesday, May 12th. Three research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $61.62.

View Our Latest Stock Analysis on FTV

Fortive Stock Performance

FTV opened at $60.05 on Thursday. The business’s 50 day moving average is $59.65 and its 200-day moving average is $56.98. The stock has a market cap of $18.31 billion, a PE ratio of 35.96 and a beta of 1.06. The company has a current ratio of 0.71, a quick ratio of 0.57 and a debt-to-equity ratio of 0.43. Fortive Corporation has a twelve month low of $46.34 and a twelve month high of $73.13.

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

Fortive announced that its Board of Directors has approved a stock buyback program on Monday, May 4th that permits the company to buyback 20,000,000 outstanding shares. This buyback authorization permits the technology company to buy shares of its stock through open market purchases. Shares buyback programs are usually an indication that the company’s board of directors believes its shares are undervalued.

Fortive Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, July 6th. Stockholders of record on Monday, June 22nd will be issued a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Monday, June 22nd. Fortive’s payout ratio is 14.37%.

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.