Fortive (FTV) Stock Forecast & Price Target
FTV$64.75+0.64 +1.00%
$19.56B
Market Cap
30.24
P/E
21.49
Forward P/E
43
Score
Fortive (FTV) Stock Forecast & Price Target
FTV price $64.75 +0.64 +1.00%
- Ticker
- FTV
- Price
- $64.75
- Change
- +0.64 +1.00%
- Market cap ?
- $19.56B
- P/E ?
- 30.24
- Forward P/E ?
- 21.49
- Dividend yield ?
- 0.48%
- Beta ?
- 0.99
- Sector
- Technology
- Industry
- Hardware, Equipment & Parts
- Stocklytics score
- 43
- Value
- 38
- Quality
- 51
- Growth
- 40
Stocklytics score rationale: value 38, quality 51, growth 40.
Financials
| 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|---|---|---|---|---|
| 6224300000 | 5756100000 | 6452700000 | 4563900000 | 4634400000 | 5254700000 | 5825700000 | 6065300000 | 6231800000 | 5142599999 |
Fortive Corporation is a global industrial technology company that specializes in the conception, development, manufacturing, marketing, and servicing of sophisticated professional and engineered products, as well as software platforms and associated services. Its Intelligent Operating Solutions division aims to boost efficiency and safety in operations. This segment delivers a variety of offerings, including…
Fair value
FTV fair value $77.55. Price $64.75. Price is 17% below fair value.
Around fair value, but less expensive than usual. A smaller premium than on 80% of days in the past 5 years.
Fair value is an estimate of what one share is worth if future cash flows arrive as modeled. It is not a forecast of the share price. How discounted cash flow works.
Calculated with a 10-year free-cash-flow discount. Starting free cash flow 1.09B. Growth 8.01%. When analyst earnings forecasts are available, free cash flow in those years is forecast earnings times the company's usual conversion of earnings into free cash flow, kept between 60% and 130%. Years with fewer than 3 analyst estimates are left out. Growth then fades in a straight line to terminal growth by year 10, starting from the last well-covered year's growth, or from the pace across those years when the final year slows sharply, kept between 0% and 20%. Without those forecasts, year-1 growth is analyst revenue growth for the next full fiscal year, or 5-year historical revenue growth when that forecast is missing, held for five years, then fading in a straight line to terminal growth by year 10. Terminal growth 3.00%. Discount rate 9.72% (beta 1.0). Beta is kept between 0.8 and 2.0, which on its own would make the discount rate 8.7% to 15.3%. The rate is then capped at 12%. A cap is used because a discount above 12% pushes higher-beta stocks further from the price. The discount rate stays at least 5 percentage points above terminal growth. Shares 302.02M. Net debt 2.83B. The earnings value is next-12-months earnings per share, or trailing earnings when that forecast is missing, times the median P/E of the company's industry. That median uses listed stocks worth at least $10 billion with a positive P/E of 100 or below, and the industry needs at least eight of them. Otherwise the sector median is used when that group also has at least eight, then the market median of those large companies. The multiple used is the lower of that median and 1.25 times the stock's own 10-year median P/E, then kept between 8 and 30. If the stock has no 10-year median, the peer median is kept between 8 and 30. Fair value is the average of the cash-flow value and the earnings value when both exist. Card and credit companies use the earnings value only, because changes in customer receivables distort free cash flow. Model uncertainty is high when fair value is more than 60% from the price, or when most of the cash-flow value sits after year 10.
Earnings
| Date | EPS actual | EPS estimate | Revenue | Revenue estimate |
|---|---|---|---|---|
| 2026-10-28 | 0.77 | 0.70 | 1.11B | 1.07B |
| 2026-07-29 | 0.74 | 0.71 | 1.10B | 1.07B |
| 2026-04-30 | 0.70 | 0.64 | 1.07B | 1.04B |
| 2026-02-04 | 0.90 | 0.84 | 1.12B | 1.09B |
| 2025-10-29 | 0.68 | 0.57 | 1.03B | 1.01B |
| 2025-07-30 | 0.58 | 0.58 | 1.52B | 1.01B |
| 2025-05-01 | 0.85 | 0.64 | 1.47B | 1.49B |
| 2025-02-07 | 1.17 | 1.12 | 1.62B | 1.63B |
| 2024-10-30 | 0.97 | 0.93 | 1.53B | 1.55B |
| 2024-07-24 | 0.93 | 0.92 | 1.55B | 1.57B |
| 2024-04-24 | 0.83 | 0.80 | 1.52B | 1.53B |
| 2024-01-31 | 0.98 | 0.93 | 947.50M | 1.56B |
| 2023-10-25 | 0.85 | 0.86 | 1.49B | 1.52B |
| 2023-07-26 | 0.85 | 0.81 | 1.53B | 1.51B |
| 2023-04-26 | 0.75 | 0.73 | 1.46B | 1.42B |
| 2023-02-01 | 0.88 | 0.84 | 1.53B | 1.50B |
| 2022-10-26 | 0.79 | 0.76 | 1.46B | 1.44B |
| 2022-07-28 | 0.78 | 0.72 | 1.46B | 1.40B |
| 2022-04-28 | 0.70 | 0.68 | 1.38B | 1.35B |
| 2022-02-03 | 0.79 | 0.78 | 1.37B | 1.44B |
| 2021-10-28 | 0.66 | 0.65 | 1.30B | 1.32B |
| 2021-07-29 | 0.66 | 0.61 | 1.32B | 1.32B |
| 2021-04-29 | 0.63 | 0.60 | 1.26B | 1.22B |
| 2021-02-04 | 0.70 | 0.61 | 1.32B | 1.29B |
| 2020-10-27 | 0.94 | 0.88 | 1.90B | 1.75B |
| 2020-07-28 | 0.68 | 0.58 | 1.57B | 1.34B |
| 2020-04-30 | 0.74 | 0.72 | 1.71B | 1.64B |
| 2020-02-06 | 1.03 | 0.97 | 2.00B | 1.89B |
| 2019-10-24 | 0.87 | 0.87 | 1.86B | 1.86B |
| 2019-07-25 | 0.90 | 0.89 | 1.86B | 1.86B |
| 2019-04-25 | 0.69 | 0.68 | 1.59B | 1.59B |
| 2019-02-07 | 0.91 | 0.86 | 1.76B | 948.92M |
| 2018-10-25 | 0.86 | 0.88 | 1.84B | 1.88B |
| 2018-07-26 | 0.91 | 0.89 | 1.86B | 1.88B |
| 2018-04-26 | 0.78 | 0.75 | 1.74B | 1.72B |
| 2018-02-08 | 0.82 | 0.78 | 1.81B | 862.57M |
| 2017-10-26 | 0.77 | 0.73 | 1.69B | 1.60B |
| 2017-07-27 | 0.71 | 0.69 | 1.63B | 1.58B |
| 2017-04-27 | 0.60 | 0.57 | 1.54B | 1.46B |
| 2017-02-07 | 0.68 | 0.67 | 1.63B | 769.51M |
Dividends
Yield 0.39%. Payout ratio 11.67%. Frequency Quarterly.
Safety score 91/100 · Safe. Payout ratio is 12% of earnings. Dividends use less than 40% of free cash flow. Dividends were paid in 11 separate years. Yield is 0.4%, which is low.
| Ex-date | Dividend | Record | Payment | Frequency |
|---|---|---|---|---|
| 2026-09-04 | $0.07 | 2026-09-04 | 2026-09-25 | Quarterly |
| 2026-06-22 | $0.06 | 2026-06-22 | 2026-07-06 | Quarterly |
| 2026-03-13 | $0.06 | 2026-03-13 | 2026-03-27 | Quarterly |
| 2025-11-28 | $0.06 | 2025-11-28 | 2025-12-26 | Quarterly |
| 2025-09-12 | $0.06 | 2025-09-12 | 2025-09-26 | Irregular |
| 2025-05-30 | $0.06 | 2025-05-30 | 2025-06-27 | Quarterly |
| 2025-02-28 | $0.06 | 2025-02-28 | 2025-03-28 | Quarterly |
| 2024-11-29 | $0.06 | 2024-11-29 | 2024-12-27 | Quarterly |
| 2024-09-13 | $0.06 | 2024-09-13 | 2024-09-27 | Quarterly |
| 2024-05-31 | $0.06 | 2024-05-31 | 2024-06-28 | Quarterly |
| 2024-02-22 | $0.06 | 2024-02-23 | 2024-03-28 | Quarterly |
| 2023-11-22 | $0.06 | 2023-11-24 | 2023-12-29 | Quarterly |
| 2023-08-31 | $0.05 | 2023-09-01 | 2023-09-29 | Quarterly |
| 2023-05-25 | $0.05 | 2023-05-26 | 2023-06-30 | Quarterly |
| 2023-02-23 | $0.05 | 2023-02-24 | 2023-03-31 | Quarterly |
| 2022-11-29 | $0.05 | 2022-11-30 | 2022-12-30 | Quarterly |
| 2022-08-30 | $0.05 | 2022-08-31 | 2022-09-30 | Quarterly |
| 2022-05-26 | $0.05 | 2022-05-27 | 2022-06-24 | Quarterly |
| 2022-02-24 | $0.05 | 2022-02-25 | 2022-03-25 | Quarterly |
| 2021-11-24 | $0.05 | 2021-11-26 | 2021-12-30 | Quarterly |
| 2021-09-09 | $0.05 | 2021-09-10 | 2021-09-24 | Quarterly |
| 2021-05-27 | $0.05 | 2021-05-28 | 2021-06-25 | Quarterly |
| 2021-02-25 | $0.05 | 2021-02-26 | 2021-03-26 | Quarterly |
| 2020-11-25 | $0.05 | 2020-11-27 | 2020-12-28 | Quarterly |
| 2020-08-27 | $0.04 | 2020-08-28 | 2020-09-25 | Quarterly |
| 2020-05-28 | $0.04 | 2020-05-29 | 2020-06-26 | Quarterly |
| 2020-02-27 | $0.04 | 2020-02-28 | 2020-03-27 | Quarterly |
| 2019-11-27 | $0.04 | 2019-11-29 | 2019-12-27 | Quarterly |
| 2019-08-29 | $0.04 | 2019-08-30 | 2019-09-27 | Quarterly |
| 2019-05-30 | $0.04 | 2019-05-31 | 2019-06-28 | Quarterly |
| 2019-02-21 | $0.04 | 2019-02-22 | 2019-03-29 | Quarterly |
| 2018-11-29 | $0.04 | 2018-11-30 | 2018-12-28 | Quarterly |
| 2018-08-30 | $0.04 | 2018-08-31 | 2018-09-28 | Quarterly |
| 2018-05-24 | $0.04 | 2018-05-25 | 2018-06-29 | Quarterly |
| 2018-02-22 | $0.04 | 2018-02-23 | 2018-03-29 | Quarterly |
| 2017-11-22 | $0.04 | 2017-11-24 | 2017-12-29 | Quarterly |
| 2017-08-23 | $0.04 | 2017-08-25 | 2017-09-29 | Quarterly |
| 2017-05-24 | $0.04 | 2017-05-26 | 2017-06-30 | Quarterly |
| 2017-02-22 | $0.04 | 2017-02-24 | 2017-03-31 | Quarterly |
| 2016-11-22 | $0.04 | 2016-11-25 | 2016-12-30 | Quarterly |
| 2016-08-24 | $0.04 | 2016-08-26 | 2016-09-30 | Quarterly |
Insider trades
| Date | Insider | Action | Shares | Price | Value |
|---|---|---|---|---|---|
| 2026-09-25 | Soroye Olumide | Buy | 15 | $56.09 | 837 |
| 2026-09-25 | Okerstrom Mark D | Buy | 5 | $56.09 | 274 |
| 2026-09-25 | Mulhall Christopher M. | Buy | 8 | $56.09 | 449 |
| 2026-09-25 | Mulhall Christopher M. | Buy | 2 | $56.09 | 120 |
| 2026-09-25 | Underwood Peter C | Buy | 17 | $56.09 | 976 |
| 2026-09-25 | Lassiter Wright III | Buy | 5 | $55.91 | 300 |
| 2026-09-25 | Desjourdy Amee | Buy | 1 | $56.09 | 75 |
| 2026-09-09 | MAIN SUE | Other | 0 | — | — |
| 2026-08-10 | Underwood Peter C | Sell | 8.66K | $61.59 | 533.49K |
| 2026-07-24 | Okerstrom Mark D | Buy | 20 | $62.31 | 1.27K |
| 2026-07-10 | Okerstrom Mark D | Buy | 20 | $62.20 | 1.27K |
| 2026-07-06 | Okerstrom Mark D | Buy | 4 | $63.60 | 231 |
| 2026-07-06 | Soroye Olumide | Buy | 11 | $63.60 | 717 |
| 2026-07-06 | Underwood Peter C | Buy | 13 | — | — |
| 2026-07-06 | Desjourdy Amee | Buy | 1 | — | — |
| 2026-07-06 | Mulhall Christopher M. | Buy | 6 | — | — |
| 2026-07-06 | Mulhall Christopher M. | Buy | 2 | — | — |
| 2026-07-02 | Soroye Olumide | Sell | 3.78K | $62.65 | 236.63K |
| 2026-07-02 | Lassiter Wright III | Buy | 4 | $62.12 | 257 |
| 2026-06-26 | Okerstrom Mark D | Buy | 21 | $61.48 | 1.27K |
| 2026-06-12 | Okerstrom Mark D | Buy | 21 | $60.14 | 1.27K |
| 2026-06-09 | MITCHELL KATE | Buy | 3.35K | — | — |
| 2026-06-09 | Moore Gregory J. | Buy | 3.35K | — | — |
| 2026-06-09 | Sargent Jeannine P | Buy | 3.35K | — | — |
| 2026-06-09 | COMAS DANIEL L | Buy | 3.35K | — | — |
| 2026-06-09 | Dubey Sharmistha | Buy | 3.31K | $59.78 | 197.57K |
| 2026-06-09 | Dubey Sharmistha | Buy | 4.89K | — | — |
| 2026-06-09 | Hayes Rejji P | Buy | 2.17K | $59.78 | 130.02K |
| 2026-06-09 | Hayes Rejji P | Buy | 3.35K | — | — |
| 2026-06-09 | Lassiter Wright III | Buy | 1.93K | $59.78 | 115.08K |
| 2026-06-09 | Lassiter Wright III | Buy | 3.35K | — | — |
| 2026-06-09 | Desjourdy Amee | Buy | 5.02K | — | — |
| 2026-05-29 | Okerstrom Mark D | Buy | 22 | $58.32 | 1.27K |
| 2026-05-15 | Okerstrom Mark D | Buy | 22 | $58.72 | 1.27K |
| 2026-05-11 | Okerstrom Mark D | Buy | 20 | $60.31 | 1.21K |
| 2026-05-04 | Underwood Peter C | Buy | 47.56K | $28.92 | 1.38M |
| 2026-05-04 | Underwood Peter C | Sell | 47.56K | $60.81 | 2.89M |
| 2026-05-04 | Underwood Peter C | Sell | 47.56K | $28.92 | 1.38M |
| 2026-05-01 | Okerstrom Mark D | Buy | 22 | $59.03 | 1.27K |
| 2026-04-17 | Okerstrom Mark D | Buy | 21 | $60.52 | 1.26K |
| 2026-03-27 | Desjourdy Amee | Buy | 1 | — | — |
| 2026-03-27 | Soroye Olumide | Buy | 13 | — | — |
| 2026-03-27 | Okerstrom Mark D | Buy | 4 | — | — |
| 2026-03-27 | Underwood Peter C | Buy | 15 | — | — |
| 2026-03-27 | Mulhall Christopher M. | Buy | 7 | — | — |
| 2026-03-27 | Mulhall Christopher M. | Buy | 2 | — | — |
| 2026-03-26 | Lassiter Wright III | Buy | 5 | $54.98 | 257 |
| 2026-03-04 | Mulhall Christopher M. | Sell | 446 | $58.00 | 25.87K |
| 2026-03-04 | Mulhall Christopher M. | Sell | 149 | $58.00 | 8.64K |
| 2026-03-03 | Mulhall Christopher M. | Sell | 933 | $58.03 | 54.14K |
| 2026-03-03 | Mulhall Christopher M. | Sell | 355 | $58.03 | 20.60K |
| 2026-03-02 | Okerstrom Mark D | Buy | 41.21K | — | — |
| 2026-03-02 | Okerstrom Mark D | Buy | 1.84K | — | — |
| 2026-03-02 | Soroye Olumide | Buy | 68.69K | — | — |
| 2026-03-02 | Soroye Olumide | Buy | 2.41K | — | — |
| 2026-03-02 | Mulhall Christopher M. | Buy | 9.27K | — | — |
| 2026-03-02 | Mulhall Christopher M. | Buy | 5.84K | — | — |
| 2026-03-02 | Mulhall Christopher M. | Buy | 975 | — | — |
| 2026-03-02 | Mulhall Christopher M. | Buy | 661 | — | — |
| 2026-03-02 | Desjourdy Amee | Buy | 44.65K | — | — |
| 2026-03-02 | Underwood Peter C | Buy | 17.18K | — | — |
| 2026-03-02 | Underwood Peter C | Buy | 1.23K | — | — |
| 2026-02-27 | Soroye Olumide | Sell | 10.94K | $59.20 | 647.65K |
| 2026-02-27 | Mulhall Christopher M. | Sell | 1.02K | $59.20 | 60.44K |
| 2026-02-27 | Mulhall Christopher M. | Sell | 340 | $59.20 | 20.13K |
| 2026-02-27 | Desjourdy Amee | Buy | 1.06K | — | — |
| 2026-02-27 | Underwood Peter C | Sell | 4.51K | $59.20 | 267.23K |
| 2026-02-24 | Soroye Olumide | Buy | 3.76K | — | — |
| 2026-02-24 | Soroye Olumide | Sell | 16.09K | $57.68 | 928.19K |
| 2026-02-24 | Underwood Peter C | Buy | 1.38K | — | — |
| 2026-02-24 | Underwood Peter C | Sell | 6.34K | $57.68 | 365.63K |
| 2026-02-24 | Okerstrom Mark D | Buy | 2.75K | — | — |
| 2026-02-18 | MITCHELL KATE | Buy | 7.13K | $29.58 | 210.93K |
| 2026-02-18 | MITCHELL KATE | Sell | 7.13K | $58.34 | 416.02K |
| 2026-02-18 | MITCHELL KATE | Sell | 7.13K | $29.58 | 210.93K |
| 2026-01-26 | Desjourdy Amee | Other | 0 | — | — |
| 2025-12-26 | Okerstrom Mark D | Buy | 2 | — | — |
| 2025-12-26 | Schwarz Jonathan L | Buy | 12 | — | — |
| 2025-12-26 | Soroye Olumide | Buy | 10 | — | — |
| 2025-12-26 | Underwood Peter C | Buy | 14 | — | — |
| 2025-12-26 | Walker Stacey A. | Buy | 14 | — | — |
| 2025-12-26 | Lassiter Wright III | Buy | 5 | $55.69 | 257 |
| 2025-12-26 | Mulhall Christopher M. | Buy | 6 | — | — |
| 2025-12-26 | Mulhall Christopher M. | Buy | 1 | — | — |
| 2025-11-10 | Underwood Peter C | Buy | 58.13K | $28.92 | 1.68M |
| 2025-11-10 | Underwood Peter C | Sell | 58.13K | $51.28 | 2.98M |
| 2025-11-10 | Underwood Peter C | Sell | 58.13K | $28.92 | 1.68M |
| 2025-10-31 | Walker Stacey A. | Sell | 2.19K | $50.35 | 110.37K |
| 2025-09-26 | Okerstrom Mark D | Buy | 2 | — | — |
| 2025-09-26 | Walker Stacey A. | Buy | 16 | — | — |
| 2025-09-26 | Soroye Olumide | Buy | 12 | — | — |
| 2025-09-26 | Mulhall Christopher M. | Buy | 7 | — | — |
| 2025-09-26 | Mulhall Christopher M. | Buy | 1 | — | — |
| 2025-09-26 | Underwood Peter C | Buy | 16 | — | — |
| 2025-09-26 | Schwarz Jonathan L | Buy | 14 | — | — |
| 2025-08-25 | Soroye Olumide | Sell | 13.28K | $48.51 | 644.21K |
| 2025-08-01 | Okerstrom Mark D | Buy | 21.30K | $47.03 | 1.00M |
| 2025-07-02 | Soroye Olumide | Buy | 18.91K | $53.34 | 1.01M |
| 2025-07-02 | Soroye Olumide | Buy | 14.19K | $53.34 | 756.63K |
| 2025-07-02 | Soroye Olumide | Buy | 57.31K | $53.34 | 3.06M |
Institutional holders
Latest filed quarter: Q2 2026.
Institutions holding: 817, holders +27 vs prior quarter. Ownership 109.07%.
| Holder | Shares | Change | Change % | Value |
|---|---|---|---|---|
| DODGE & COX | 43.98M | 823.58K | +1.91% | 2.69B |
| BLACKROCK, INC. | 26.62M | -5.00M | -15.82% | 1.63B |
| PRICE T ROWE ASSOCIATES INC /MD/ | 24.38M | 660.70K | +2.79% | 1.49B |
| VANGUARD CAPITAL MANAGEMENT LLC | 19.94M | -271.64K | -1.34% | 1.22B |
| VIKING GLOBAL INVESTORS LP | 19.93M | -2.54M | -11.32% | 1.22B |
| STATE STREET CORP | 13.62M | 10.25K | +0.08% | 832.87M |
| VANGUARD PORTFOLIO MANAGEMENT LLC | 12.79M | -361.20K | -2.75% | 781.53M |
| FLOSSBACH VON STORCH SE | 12.11M | 205.01K | +1.72% | 739.67M |
| GEODE CAPITAL MANAGEMENT, LLC | 9.15M | -102.36K | -1.11% | 556.84M |
| INVESCO LTD. | 8.90M | 1.14M | +14.69% | 543.68M |
| BARROW HANLEY MEWHINNEY & STRAUSS LLC | 8.64M | -546.60K | -5.95% | 527.53M |
| NORGES BANK | 7.34M | 7.34M | New | 448.37M |
| GOLDMAN SACHS GROUP INC | 4.26M | 1.58M | +59.24% | 260.19M |
| UBS GROUP AG | 4.25M | -138.68K | -3.16% | 259.73M |
| NORDEA INVESTMENT MANAGEMENT AB | 4.17M | 2.55M | +157.06% | 253.94M |
| UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC | 4.13M | -78.32K | -1.86% | 252.27M |
| NORTHERN TRUST CORP | 3.92M | -205.56K | -4.99% | 239.22M |
| BARCLAYS PLC | 3.69M | 2.70M | +270.03% | 225.61M |
| HOTCHKIS & WILEY CAPITAL MANAGEMENT LLC | 3.62M | -27.79K | -0.76% | 221.03M |
| MANUFACTURERS LIFE INSURANCE COMPANY, THE | 3.47M | -2.08M | -37.52% | 211.81M |
| MORGAN STANLEY | 3.29M | -279.96K | -7.83% | 201.22M |
| TWO SIGMA INVESTMENTS, LP | 3.21M | 3.21M | New | 196.06M |
| DIMENSIONAL FUND ADVISORS LP | 3.21M | 120.60K | +3.91% | 195.86M |
| ROBECO INSTITUTIONAL ASSET MANAGEMENT B.V. | 3.19M | 323.54K | +11.29% | 194.84M |
| MIRAE ASSET GLOBAL ETFS HOLDINGS LTD. | 2.56M | 196.21K | +8.31% | 156.22M |
Forecast
Consensus Hold from 16 analysts. Average price target $63.33, -2.2% versus the current price. Low $59.00. High $68.00.
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