Fortive Corp (NYSE: FTV) is -3.07% lower on its value in year-to-date trading and has touched a low of $60.38 and a high of $83.32 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The FTV stock was last observed hovering at around $73.65 in the last trading session, with the day’s loss setting it -0.95%.
Currently trading at $72.70, the stock is 6.09% and 3.05% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 2.57 million and changing -1.29% at the moment leaves the stock -2.53% off its SMA200. FTV registered -5.44% loss for a year compared to 6-month loss of -3.32%.
The stock witnessed a 10.13% gain in the last 1 month and extending the period to 3 months gives it a -9.32%, and is 6.86% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 1.75% over the week and 2.28% over the month.
Fortive Corp (FTV) has around 18000 employees, a market worth around $24.71B and $6.18B in sales. Current P/E ratio is 31.92 and Fwd P/E is 17.13. Profit margin for the company is 12.90%. Distance from 52-week low is 20.39% and -12.75% from its 52-week high. The company has generated returns on investments over the last 12 months (6.06%).
The EPS is expected to shrink by -0.09% this year
The shares outstanding are 339.90M, and float is at 338.26M with Short Float at 2.06%.
The top institutional shareholder in the company is VANGUARD GROUP INC with over 39.1 million shares valued at $2.9 billion. The investor’s holdings represent 11.1304 of the FTV Shares outstanding. As of 2024-06-30, the second largest holder is T. ROWE PRICE INVESTMENT MANAGEMENT, INC. with 32.24 million shares valued at $2.39 billion to account for 9.1769 of the shares outstanding. The other top investors are BLACKROCK INC. which holds 30.49 million shares representing 8.6785 and valued at over $2.26 billion, while WELLINGTON MANAGEMENT GROUP LLP holds 4.2689 of the shares totaling 15.0 million with a market value of $1.11 billion.
Fortive Corp (FTV) Insider Activity
The most recent transaction is an insider sale by Underwood Peter C, the company’s SVP – Chief Legal Officer. SEC filings show that Underwood Peter C sold 14,327 shares of the company’s common stock on May 12 ’25 at a price of $73.88 per share for a total of $1.06 million. Following the sale, the insider now owns 51750.0 shares.
Still, SEC filings show that on Feb 28 ’25, Walker Stacey A. (SVP – Human Resources) disposed off 3,002 shares at an average price of $79.05 for $0.24 million. The insider now directly holds 42,373 shares of Fortive Corp (FTV).
