Seaport Res Ptn Has Bearish Estimate for Fortive Q2 Earnings

Fortive Corporation (NYSE:FTV) – Seaport Res Ptn reduced their Q2 2025 earnings estimates for Fortive in a research report issued to clients and investors on Tuesday, July 1st. Seaport Res Ptn analyst S. Graham now expects that the technology company will earn $0.62 per share for the quarter, down from their previous forecast of $0.90. The consensus estimate for Fortive’s current full-year earnings is $4.05 per share. Seaport Res Ptn also issued estimates for Fortive’s Q3 2025 earnings at $0.61 EPS, Q4 2025 earnings at $0.77 EPS, FY2025 earnings at $2.55 EPS, Q1 2026 earnings at $0.62 EPS, Q2 2026 earnings at $0.70 EPS, Q3 2026 earnings at $0.70 EPS, Q4 2026 earnings at $0.85 EPS and FY2026 earnings at $2.87 EPS.

FTV has been the subject of several other research reports. Robert W. Baird decreased their target price on shares of Fortive from $88.00 to $82.00 and set an “outperform” rating for the company in a research report on Wednesday, May 7th. Raymond James Financial decreased their price objective on shares of Fortive from $90.00 to $65.00 and set an “outperform” rating for the company in a report on Tuesday, July 1st. Barclays reiterated an “overweight” rating and issued a $86.00 price objective (up from $84.00) on shares of Fortive in a report on Tuesday, June 3rd. Wall Street Zen upgraded shares of Fortive to a “hold” rating in a report on Saturday. Finally, Citigroup decreased their price objective on shares of Fortive from $84.00 to $69.00 and set a “neutral” rating for the company in a report on Monday, April 14th. Eight research analysts have rated the stock with a hold rating and eight have assigned a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $77.08.

Fortive Price Performance

NYSE FTV opened at $53.01 on Friday. Fortive has a 52 week low of $50.00 and a 52 week high of $83.32. The company has a current ratio of 0.99, a quick ratio of 0.78 and a debt-to-equity ratio of 0.29. The stock has a market cap of $18.02 billion, a price-to-earnings ratio of 23.25, a price-to-earnings-growth ratio of 2.33 and a beta of 1.09. The company has a 50-day moving average price of $68.87 and a two-hundred day moving average price of $72.92.

Fortive (NYSE:FTV) last posted its earnings results on Thursday, May 1st. The technology company reported $0.85 EPS for the quarter, hitting the consensus estimate of $0.85. Fortive had a net margin of 12.90% and a return on equity of 13.19%. The firm had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.49 billion. During the same quarter in the prior year, the firm earned $0.83 EPS. Fortive’s quarterly revenue was down 3.3% on a year-over-year basis.

Institutional Investors Weigh In On Fortive

Several hedge funds have recently made changes to their positions in FTV. Dodge & Cox lifted its position in shares of Fortive by 181.5% in the 1st quarter. Dodge & Cox now owns 21,900,363 shares of the technology company’s stock valued at $1,602,669,000 after acquiring an additional 14,120,456 shares in the last quarter. Norges Bank purchased a new stake in shares of Fortive in the 4th quarter valued at approximately $412,445,000. Price T Rowe Associates Inc. MD lifted its position in shares of Fortive by 164.5% in the 4th quarter. Price T Rowe Associates Inc. MD now owns 8,730,161 shares of the technology company’s stock valued at $654,763,000 after acquiring an additional 5,429,566 shares in the last quarter. T. Rowe Price Investment Management Inc. lifted its position in shares of Fortive by 9.7% in the 4th quarter. T. Rowe Price Investment Management Inc. now owns 42,947,135 shares of the technology company’s stock valued at $3,221,036,000 after acquiring an additional 3,810,997 shares in the last quarter. Finally, Invesco Ltd. lifted its position in shares of Fortive by 96.6% in the 1st quarter. Invesco Ltd. now owns 5,626,962 shares of the technology company’s stock valued at $411,781,000 after acquiring an additional 2,764,432 shares in the last quarter. Hedge funds and other institutional investors own 94.94% of the company’s stock.

Insider Buying and Selling

In related news, CEO James A. Lico sold 175,000 shares of the firm’s stock in a transaction that occurred on Thursday, May 15th. The shares were sold at an average price of $72.40, for a total transaction of $12,670,000.00. Following the completion of the sale, the chief executive officer directly owned 428,585 shares in the company, valued at approximately $31,029,554. This trade represents a 28.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, SVP Peter C. Underwood sold 14,327 shares of the firm’s stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $73.88, for a total transaction of $1,058,478.76. Following the sale, the senior vice president owned 51,750 shares of the company’s stock, valued at $3,823,290. The trade was a 21.68% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.92% of the company’s stock.

Fortive announced that its Board of Directors has approved a stock buyback plan on Tuesday, May 27th that permits the company to repurchase 15,630,000 shares. This repurchase authorization permits the technology company to reacquire shares of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s board believes its shares are undervalued.

About Fortive

Fortive Corporation designs, develops, manufactures, and services professional and engineered products, software, and services in the United States, China, and internationally. It operates in three segments: Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions. The Intelligent Operating Solutions segment provides advanced instrumentation, software, and services, including electrical test and measurement, facility and asset lifecycle software applications, and connected worker safety and compliance solutions for manufacturing, process industries, healthcare, utilities and power, communications and electronics, and other industries.