Fortive (NYSE:FTV) SVP Peter Underwood Sells 8,662 Shares

Posted by George Bondi on Aug 11th, 2026

Fortive Corporation (NYSE:FTV – Get Free Report) SVP Peter Underwood sold 8,662 shares of the company’s stock in a transaction on Monday, August 10th. The shares were sold at an average price of $61.59, for a total value of $533,492.58. Following the sale, the senior vice president 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.

Fortive Price Performance

Shares of FTV traded down $0.05 during trading hours on Tuesday, hitting $61.70. 1,625,570 shares of the company were exchanged, compared to its average volume of 3,391,591. The company has a quick ratio of 1.00, a current ratio of 1.24 and a debt-to-equity ratio of 0.58. Fortive Corporation has a fifty-two week low of $46.54 and a fifty-two week high of $64.56. The company has a market cap of $18.63 billion, a price-to-earnings ratio of 36.51 and a beta of 1.06. The firm’s fifty day moving average is $61.21 and its 200 day moving average is $59.00.

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

Fortive announced that its Board of Directors has authorized a share buyback program on Monday, May 4th that permits the company to buyback 20,000,000 shares. This buyback authorization permits the technology company to reacquire shares of its stock through open market purchases. Shares buyback programs are generally an indication that the company’s management believes its stock is undervalued.

Fortive Announces Dividend

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

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on FTV. Morgan Stanley lifted 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. Weiss Ratings cut Fortive from a “hold (c)” rating to a “hold (c-)” rating in a research note on Wednesday, July 29th. Wells Fargo & Company raised their target price on Fortive from $58.00 to $65.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. Citigroup lifted their price target on Fortive from $64.00 to $65.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Finally, Argus raised Fortive from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a report on Monday, May 11th. Two analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Fortive has an average rating of “Hold” and a consensus price target of $63.10.

Check Out Our Latest Report on Fortive

Hedge Funds Weigh In On Fortive

Several large investors have recently modified their holdings of the business. DV Equities LLC acquired a new position in shares of Fortive during the fourth quarter worth $25,000. Keating Financial Advisory Services Inc. acquired a new stake in Fortive in the second quarter valued at $30,000. Virtus Advisers LLC acquired a new stake in Fortive in the second quarter valued at $30,000. Geneos Wealth Management Inc. raised its position in Fortive by 246.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 502 shares of the technology company’s stock worth $37,000 after purchasing an additional 357 shares during the last quarter. Finally, Root Financial Partners LLC raised its position in Fortive by 43.6% during the 4th quarter. Root Financial Partners LLC now owns 553 shares of the technology company’s stock worth $31,000 after purchasing an additional 168 shares during the last quarter. Institutional investors own 94.94% of the company’s stock.

About Fortive

(Get 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.