Fortive Corporation (FTV)

NYSE: FTV · IEX Real-Time Price · USD
82.41
-1.08 (-1.29%)
Apr 12, 2024, 4:00 PM EDT - Market closed
-1.29%
Market Cap 28.96B
Revenue (ttm) 6.07B
Net Income (ttm) 865.80M
Shares Out 351.38M
EPS (ttm) 2.43
PE Ratio 33.91
Forward PE 21.54
Dividend $0.32 (0.39%)
Ex-Dividend Date May 31, 2024
Volume 1,219,789
Open 82.72
Previous Close 83.49
Day's Range 81.95 - 82.98
52-Week Range 62.70 - 87.10
Beta 1.18
Analysts Buy
Price Target 87.73 (+6.46%)
Earnings Date Apr 24, 2024

About FTV

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... [Read more]

Sector Technology
CEO James A. Lico
Employees 18,000
Stock Exchange NYSE
Ticker Symbol FTV
Full Company Profile

Financial Performance

In 2023, Fortive's revenue was $6.07 billion, an increase of 4.11% compared to the previous year's $5.83 billion. Earnings were $865.80 million, an increase of 14.65%.

Financial Statements

Analyst Forecast

According to 12 analysts, the average rating for FTV stock is "Buy." The 12-month stock price forecast is $87.73, which is an increase of 6.46% from the latest price.

Price Target
$87.73
(6.46% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Fortive Declares Regular Quarterly Dividend on its Common Stock

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of its common sto...

9 days ago - Business Wire

Fortive Schedules First Quarter 2024 Earnings Conference Call

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the first quarter 2024 on Wednesday, April 24, 2024 b...

16 days ago - Business Wire

Fluke Advances Utility-Scale Solar Testing with the Launch of the PVA-1500 Series I-V Curve Tracer

EVERETT, Wash.--(BUSINESS WIRE)--Fluke Corp, a wholly owned subsidiary of Fortive Corporation [NYSE: FTV] and a global leader in test and measurement instruments, today announced the launch of the PVA...

25 days ago - Business Wire

Fortive to Present at the Bank of America Global Industrials Conference

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that Charles E. McLaughlin, Chief Financial Officer, will be presenting at the Bank of America Global Indus...

4 weeks ago - Business Wire

Fortive to Present at the J.P. Morgan Industrials Conference

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that James A. Lico, Fortive President and Chief Executive Officer, and Olumide Soroye, President and Chief ...

5 weeks ago - Business Wire

Fortive to Present at the Citi Global Industrial Tech and Mobility Conference

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, James A. Lico will be presenting at the Citi Global Industrial ...

2 months ago - Business Wire

Fortive to Present at the Barclays Industrial Select Conference

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, James A. Lico will be presenting at the Barclays Industrial Sel...

2 months ago - Business Wire

Fortive Announces Pricing of Offering of Euro-denominated Senior Notes

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it has priced its registered offering (the “offering”) of €500 million aggregate principal amount of i...

2 months ago - Business Wire

Fortive Reports Strong Fourth Quarter and Full Year 2023 Results; Introduces First Quarter and Full Year 2024 Outlook

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the fourth quarter and full year 2023. For the fourth quarter, net earnings were $265...

2 months ago - Business Wire

Fortive Announces Replenishment of Share Repurchase Authorization

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors approved a replenishment of 11 million shares of Fortive common stock to the Co...

2 months ago - Business Wire

Allied Digestive Health and Provation Sign Agreement for Enhanced Patient Care

MINNEAPOLIS & WEST LONG BRANCH, N.J.--(BUSINESS WIRE)-- #AlliedDigestiveHealth--Allied Digestive Health (ADH), the beacon of cutting-edge gastroenterology (GI) services across New Jersey and New York,...

3 months ago - Business Wire

Fortive Announces Completion of EA Elektro-Automatik Acquisition

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it has completed its acquisition of EA Elektro-Automatik (EA) Holding GmbH, enhancing Fortive's positi...

3 months ago - Business Wire

Fortive Schedules Fourth Quarter and Full Year 2023 Earnings Conference Call

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the fourth quarter and full year 2023 on Wednesday, J...

4 months ago - Business Wire

Tektronix Releases 4 Series B Mixed Signal Oscilloscope, Increasing Processing Power for Quicker Analysis & Data Transfer Speed

New computing platform increases responsiveness by 2x, paired with award-winning interface and remote operation capabilities BEAVERTON, Ore. , Dec. 5, 2023 /PRNewswire/ -- Tektronix, Inc , a leading p...

4 months ago - PRNewsWire

Fortive to Present at the Baird Global Industrial Conference

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that Senior Vice President and Chief Financial Officer, Charles E. McLaughlin, will be presenting at the Ba...

5 months ago - Business Wire

Fortive Reports Strong Third Quarter 2023 Results; Narrows Full Year 2023 Outlook

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the third quarter 2023. For the third quarter, net earnings were $218 million. For th...

6 months ago - Business Wire

Bregal Unternehmerkapital Announces the Sale of EA Elektro-Automatik to Fortive Corporation for €1,585 Million

ZUG, Switzerland--(BUSINESS WIRE)--Bregal Unternehmerkapital (“BU”), a leading investment firm in the DACH region and Northern Italy, today announced the sale of EA Elektro-Automatik Holding GmbH (“EA...

6 months ago - Business Wire

Fortive to Acquire EA Elektro-Automatik, an Industry-leading Provider of Electronic Test & Measurement Solutions

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that it has entered into a definitive agreement to acquire EA Elektro-Automatik Holding GmbH (EA), a leadin...

6 months ago - Business Wire

Advanced Sterilization Products Announces Expansion of Sterilization Monitoring Portfolio

IRVINE, Calif.--(BUSINESS WIRE)--Advanced Sterilization Products (ASP), a global leader in infection prevention and Fortive (NYSE: FTV) company, announced today an important expansion in its Steriliza...

6 months ago - Business Wire

EA Elektro-Automatik draws interest from private equity, industrial firms -sources

Private equity firms Blackstone Inc , EQT AB and THL Partners are competing against large U.S. industrial automation firms to acquire German power electronics firm EA Elektro-Automatik, according to p...

Other symbols: BXEMRKEYS
6 months ago - Reuters

Fortive Schedules Third Quarter 2023 Earnings Conference Call

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the third quarter 2023 on Wednesday, October 25, 2023...

7 months ago - Business Wire

United Digestive Transitions Endoscopy Centers to Provation® Apex Platform

MINNEAPOLIS & ATLANTA--(BUSINESS WIRE)--United Digestive (UD), a leading provider of gastroenterology (GI) services and one of the largest GI physician practice management firms in the U.S., and Prova...

8 months ago - Business Wire

Fortive to Present at the Morgan Stanley Laguna Conference

EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation ("Fortive") (NYSE: FTV) today announced that President and Chief Executive Officer, James A. Lico, and President and Chief Executive Officer, Preci...

8 months ago - Business Wire

Fluke Reliability Acquires AI-Powered Vibration Analytics and Remote Condition Monitoring Solution

EVERETT, Wash.--(BUSINESS WIRE)--Fluke Reliability, a wholly owned subsidiary of Fortive Corporation [NYSE: FTV], which empowers reliability and maintenance teams with the hardware, software, and serv...

8 months ago - Business Wire

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9 months ago - Morningstar