79.09 USD
-0.75
0.94%
At close Feb 7, 4:00 PM EST
After hours
78.75
-0.34
0.43%
1 day
-0.94%
5 days
-0.73%
1 month
3.18%
3 months
6.86%
6 months
18.03%
Year to date
6.29%
1 year
-3.94%
5 years
0.09%
10 years
62.74%
 

About: Fortive is a diversified industrial technology firm with a broad portfolio of mission-critical products and services that include field solutions, product realization, health, and sensing technologies. The company serves a wide range of end markets, including manufacturing, utilities, medical, and electronics. Fortive generated roughly $6.1 billion in revenue in 2023.

Employees: 18,000

0
Funds holding %
of 6,831 funds
0
Analysts bullish %
of 6 analysts

Fund manager confidence

Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)

298% more call options, than puts

Call options by funds: $36.5M | Put options by funds: $9.17M

40% more funds holding in top 10

Funds holding in top 10: 5 [Q2] → 7 (+2) [Q3]

22% more first-time investments, than exits

New positions opened: 90 | Existing positions closed: 74

2% more capital invested

Capital invested by funds: $25.2B [Q2] → $25.8B (+$578M) [Q3]

1% more funds holding

Funds holding: 821 [Q2] → 827 (+6) [Q3]

7% less repeat investments, than reductions

Existing positions increased: 285 | Existing positions reduced: 307

2.23% less ownership

Funds ownership: 95.71% [Q2] → 93.48% (-2.23%) [Q3]

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$80
1%
upside
Avg. target
$87
10%
upside
High target
$90
14%
upside

6 analyst ratings

positive
50%
neutral
50%
negative
0%
JP Morgan
Stephen Tusa
71% 1-year accuracy
22 / 31 met price target
14%upside
$90
Overweight
Maintained
15 Jan 2025
Barclays
Julian Mitchell
61% 1-year accuracy
66 / 108 met price target
14%upside
$90
Overweight
Maintained
8 Jan 2025
Wells Fargo
Joseph O'Dea
66% 1-year accuracy
23 / 35 met price target
1%upside
$80
Equal-Weight
Maintained
7 Jan 2025
Truist Securities
Jamie Cook
63% 1-year accuracy
55 / 88 met price target
14%upside
$90
Buy
Maintained
19 Dec 2024
Citigroup
Andrew Kaplowitz
56% 1-year accuracy
45 / 81 met price target
9%upside
$86
Neutral
Downgraded
9 Dec 2024

Financial journalist opinion

Based on 12 articles about FTV published over the past 30 days

Neutral
Seeking Alpha
2 days ago
Fortive Corporation (FTV) Q4 2024 Earnings Conference Call Transcript
Fortive Corporation (NYSE:FTV ) Q4 2024 Earnings Conference Call February 7, 2025 12:00 PM ET Company Participants Elena Rosman - Vice President of Investor Relations James Lico - President and Chief Executive Officer Charles McLaughlin - Senior Vice President and Chief Financial Officer Conference Call Participants Robert Mason - Baird Julian Mitchell - Barclays Nigel Coe - Wolfe Research Steve Tusa - JP Morgan Jeffrey Sprague - Vertical Research Partners Scott Davis - Melius Research Andrew Obin - Bank of America Joe Giordano - TD Cowen Andrew Kaplowitz - Citigroup Christopher Snyder - Morgan Stanley Deane Dray - RBC Capital Markets Jamie Cook - Truist Joseph O'Dea - Wells Fargo Scott Graham - Seaport Research Operator My name is Daryl, and I will be your conference facilitator this afternoon. At this time, I would like to welcome everyone to Fortive Corporation's Fourth Quarter 2024 Earnings Results Conference Call.
Fortive Corporation (FTV) Q4 2024 Earnings Conference Call Transcript
Positive
Zacks Investment Research
2 days ago
Compared to Estimates, Fortive (FTV) Q4 Earnings: A Look at Key Metrics
The headline numbers for Fortive (FTV) give insight into how the company performed in the quarter ended December 2024, but it may be worthwhile to compare some of its key metrics to Wall Street estimates and the year-ago actuals.
Compared to Estimates, Fortive (FTV) Q4 Earnings: A Look at Key Metrics
Positive
Zacks Investment Research
2 days ago
Fortive (FTV) Tops Q4 Earnings Estimates
Fortive (FTV) came out with quarterly earnings of $1.17 per share, beating the Zacks Consensus Estimate of $1.12 per share. This compares to earnings of $0.98 per share a year ago.
Fortive (FTV) Tops Q4 Earnings Estimates
Negative
Reuters
2 days ago
Fortive forecasts lower-than-expected 2025 profit on sluggish product demand
Industrial products maker Fortive on Friday forecast annual profit and revenue below Wall Street estimates, anticipating sluggish demand for its products.
Fortive forecasts lower-than-expected 2025 profit on sluggish product demand
Neutral
Business Wire
2 days ago
Fortive Reports Strong Fourth Quarter and Full Year 2024 Results; Introduces First Quarter and Full Year 2025 Outlook
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the fourth quarter and full year 2024. For the fourth quarter, net earnings were $209 million. For the same period, adjusted net earnings were $406 million. Diluted net earnings per share for the fourth quarter were $0.60. For the same period, adjusted diluted net earnings per share were $1.17. For the fourth quarter, revenues increased 2% year-over-year to $1.62 billion, which inc.
Fortive Reports Strong Fourth Quarter and Full Year 2024 Results; Introduces First Quarter and Full Year 2025 Outlook
Neutral
Benzinga
2 days ago
Fortive Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Fortive Corporation FTV will release its fourth-quarter financial results, before the opening bell, on Friday, Feb. 7, 2025.
Fortive Gears Up For Q4 Print; Here Are The Recent Forecast Changes From Wall Street's Most Accurate Analysts
Neutral
Business Wire
4 days ago
Fortive Announces Board Designees for the New Precision Technologies Company, to be Named Ralliant Corporation
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that its Precision Technologies segment expected to be separated as a new independent, public company has been named Ralliant Corporation (“Ralliant”). Ralliant is trusted for precision technologies that advance next generation innovation and safeguard mission-critical applications through leading brands in test and measurement, specialty sensors, and aero, defense, and space subsystems. In addition, Fo.
Fortive Announces Board Designees for the New Precision Technologies Company, to be Named Ralliant Corporation
Positive
Zacks Investment Research
5 days ago
Unlocking Q4 Potential of Fortive (FTV): Exploring Wall Street Estimates for Key Metrics
Beyond analysts' top -and-bottom-line estimates for Fortive (FTV), evaluate projections for some of its key metrics to gain a better insight into how the business might have performed for the quarter ended December 2024.
Unlocking Q4 Potential of Fortive (FTV): Exploring Wall Street Estimates for Key Metrics
Positive
Zacks Investment Research
1 week ago
Fortive (FTV) Reports Next Week: Wall Street Expects Earnings Growth
Fortive (FTV) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.
Fortive (FTV) Reports Next Week: Wall Street Expects Earnings Growth
Neutral
CNBC Television
1 week ago
Final Trades: Chubb, Fortive Corp, Palo Alto and Taiwan Semi
The Investment Committee give you their top stocks to watch for the second half of the trading day.
Final Trades: Chubb, Fortive Corp, Palo Alto and Taiwan Semi
Charts implemented using Lightweight Charts™