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2026-07-24 06:03
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2026-07-24 00:16
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Fortive: A Simplified And Accelerated Special Situation | FMP Stock News | |
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2026-07-23 15:38
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2026-07-23 10:29
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Fortive's Continued Growth Does Not Justify An Upgrade At This Time | FMP Stock News | |
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Fortive Corporation remains rated "Hold" due to fair absolute valuation despite consistent revenue and profitability growth. FTV's Intelligent Operating Solutions and Advanced Healthcare Solutions segments delivered robust organic growth, aided by pricing, volume, and productivity initiatives. Management guides for FY26 adjusted EPS of $2.90–$3.00, with adjusted operating cash flow projected to rise to $1.21 billion. |
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2026-07-22 10:47
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2026-07-22 03:48
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Fortive Corporation $FTV Shares Sold by California Public Employees Retirement System | FMP Stock News | |
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Posted by Defense World Staff on Jul 22nd, 2026California Public Employees Retirement System reduced its position in Fortive Corporation (NYSE:FTV – Free Report) by 4.3% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 580,757 shares of the technology company’s stock after selling 26,141 shares during the quarter. California Public Employees Retirement System owned about 0.19% of Fortive worth $32,104,000 as of its most recent filing with the Securities and Exchange Commission. Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Root Financial Partners LLC raised its holdings in shares of Fortive by 43.6% in the 4th quarter. Root Financial Partners LLC now owns 553 shares of the technology company’s stock worth $31,000 after purchasing an additional 168 shares during the period. Rothschild Investment LLC grew its holdings in shares of Fortive by 20.5% during the 4th quarter. Rothschild Investment LLC now owns 1,113 shares of the technology company’s stock worth $61,000 after purchasing an additional 189 shares during the period. Empowered Funds LLC increased its position in Fortive by 2.3% during the 4th quarter. Empowered Funds LLC now owns 8,733 shares of the technology company’s stock worth $482,000 after purchasing an additional 197 shares in the last quarter. Park Avenue Securities LLC increased its position in Fortive by 2.5% during the 4th quarter. Park Avenue Securities LLC now owns 8,401 shares of the technology company’s stock worth $464,000 after purchasing an additional 208 shares in the last quarter. Finally, Clearstead Trust LLC raised its holdings in Fortive by 29.8% in the fourth quarter. Clearstead Trust LLC now owns 953 shares of the technology company’s stock valued at $53,000 after buying an additional 219 shares during the period. Institutional investors and hedge funds own 94.94% of the company’s stock. Analyst Upgrades and Downgrades Several research firms have issued reports on FTV. Argus upgraded shares of Fortive from a “hold” rating to a “buy” rating and set a $68.00 price objective for the company in a research note on Monday, May 11th. Morgan Stanley upped their price target on shares of Fortive from $58.00 to $59.00 and gave the stock an “equal weight” rating in a research report on Wednesday, June 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Fortive in a report on Friday, May 22nd. Truist Financial raised their price objective on Fortive from $61.00 to $67.00 and gave the company a “hold” rating in a research report on Thursday, July 2nd. Finally, Wells Fargo & Company upped their target price on Fortive from $58.00 to $65.00 and gave the stock an “equal weight” rating in a research report on Monday, May 4th. Two equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat.com, Fortive has an average rating of “Hold” and a consensus target price of $63.00. Read Our Latest Analysis on FTV Insider Buying and Selling at Fortive In related news, SVP Peter C. Underwood sold 47,557 shares of the company’s stock in a transaction that occurred on Monday, May 4th. The stock was sold at an average price of $60.81, for a total transaction of $2,891,941.17. Following the sale, the senior vice president directly owned 87,780 shares of the company’s stock, valued at approximately $5,337,901.80. This represents a 35.14% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Company insiders own 0.65% of the company’s stock. Fortive Stock Down 0.5% Shares of Fortive stock opened at $60.68 on Wednesday. Fortive Corporation has a 1-year low of $46.34 and a 1-year high of $64.33. The company has a market capitalization of $18.50 billion, a PE ratio of 36.33 and a beta of 1.06. The company has a debt-to-equity ratio of 0.43, a current ratio of 0.71 and a quick ratio of 0.57. The business has a 50-day moving average of $60.69 and a 200-day moving average of $58.40. Fortive (NYSE:FTV – Get Free Report) last announced its earnings results on Thursday, April 30th. The technology company reported $0.70 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.64 by $0.06. The company had revenue of $2.14 billion for the quarter, compared to analyst estimates of $1.04 billion. Fortive had a return on equity of 12.66% and a net margin of 12.84%.Fortive’s quarterly revenue was up 7.7% on a year-over-year basis. During the same period in the prior year, the company posted $0.85 EPS. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. As a group, equities analysts forecast that Fortive Corporation will post 2.97 EPS for the current fiscal year. Fortive Dividend Announcement The company also recently announced a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Monday, June 22nd were given a $0.06 dividend. The ex-dividend date was Monday, June 22nd. This represents a $0.24 annualized dividend and a dividend yield of 0.4%. Fortive’s dividend payout ratio (DPR) is presently 14.37%. Fortive declared that its board has approved a stock buyback plan on Monday, May 4th that authorizes the company to buyback 20,000,000 shares. This buyback authorization authorizes the technology company to purchase shares of its stock through open market purchases. Shares buyback plans are usually a sign that the company’s management believes its shares are undervalued. Fortive Profile (Free Report) Fortive Corporation (NYSE: FTV) is a diversified industrial technology company headquartered in Everett, Washington. The company was created through a spin‑off from Danaher Corporation in 2016 and has since focused on building a portfolio of professional instrumentation and industrial technology businesses. In 2020 Fortive completed a further portfolio separation with the spin‑off of Vontier, concentrating Fortive’s activities on higher‑margin instrumentation, software and services. Fortive’s operations center on professional test and measurement, sensing and monitoring, software‑enabled solutions, and lifecycle services that support industrial and commercial customers. See Also Five stocks we like better than Fortive Confidence Is Back, But Earnings Show the Consumer Is Being Picky AeroVironment’s Stock Is Down, But Drone Demand Is Taking Off 3M’s Redemption Arc: Can Q2 Earnings Change the Narrative? 3 Photonics Companies Making Quantum Tech Possible Receive News & Ratings for Fortive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortive and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEThe Cheesecake Factory Incorporated $CAKE Shares Sold by Bessemer Group Inc. NEXT HEADLINE »Bessemer Group Inc. Has $3.59 Million Stock Holdings in Werner Enterprises, Inc. $WERN |
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2026-07-22 05:59
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2026-07-21 03:00
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New Fluke TLPV2 Solar Test Lead Set Eliminates Risky Live-Box Voltage Measurements in Operating PV Systems | FMP Stock News | |
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New Y-style MC4 test leads enable safer operating voltage measurements on live PV systems without opening energized enclosures July 21, 2026 03:00 ET | Source: Fluke CorporationEindhoven, Netherlands, July 21, 2026 (GLOBE NEWSWIRE) -- The new Fluke TLPV2 Solar Test Lead Set from Fluke Corporation gives solar technicians a safer way to measure operating voltage on energized photovoltaic (PV) systems without opening electrical enclosures or working around exposed live connections. Designed to enable touch-safe voltage measurements directly from PV module connections, the TLPV2 helps technicians capture critical performance data while systems remain operational. As solar installations continue to grow in size and complexity, safely troubleshooting energized systems has become more critical than ever. Featuring a unique Y-style design with official Stäubli MC4 connectors that install directly in-line with PV modules, the Fluke TLPV2 Solar Test Lead Set transforms how technicians test live solar systems. It enables touch-safe operating voltage measurements and faster diagnostics while systems remain energized, all without opening live electrical enclosures or increasing exposure to electrical hazards. “As solar systems become more complex, the tools technicians rely on must evolve to make safety non-negotiable,” said Will White, Senior Solar Product Manager at Fluke. “The TLPV2 represents a new approach to PV troubleshooting, one that delivers the visibility technicians need while reducing exposure to energized equipment. We’re helping customers solve problems faster while raising the standard for safety across the solar industry.” The Fluke TLPV2 delivers several key benefits for solar installation, maintenance and troubleshooting professionals: Improved technician safety by enabling operating voltage measurements without opening energized combiner boxes or inverters.Touch-safe testing with official Stäubli MC4 connectors and fully shrouded banana plug connections.CAT III 1500 V / CAT IV 1000 V safety ratings for use in demanding solar environments.Real-time operating voltage measurements that help technicians diagnose performance issues while systems are actively generating power.Compatibility with Fluke solar measurement tools, including the Fluke 393 FC Solar Clamp Meter, 283 FC/PV multimeter, and other meters accepting 4 mm shrouded banana plugs.Durable gold-plated contacts designed for long service life and reliable performance in the field.Included PV unlocking tool for safe disconnection of MC4 connectors during maintenance activities. The TLPV2 Solar Test Lead Set is ideal for PV system commissioning, inverter verification, troubleshooting, maintenance inspections, energy audits and system performance evaluations where operating voltage measurements are required. For more information about the Fluke TLPV2 Solar Test Lead Set, please visit TLPV2 Solar Clamp Test Lead Set.. About Fluke Founded in 1948, Fluke Corporation is the world leader in compact, professional electronic test tools and software for measuring and condition monitoring. Fluke customers are technicians, engineers, electricians, maintenance managers, and metrologists who install, troubleshoot, and maintain industrial, electrical, and electronic equipment and calibration processes. ### FLUKE is a registered trademark of Fluke Corporation. For more information, visit the Fluke website. What is the Fluke TLPV2? The Fluke TLPV2 Solar Test Lead Set is a Y-style MC4 test lead solution that enables solar technicians to safely measure operating voltage on energized PV systems without opening electrical enclosures. It helps simplify troubleshooting by providing real-time system measurements while keeping technicians away from live electrical components. What are the safety-critical features of the TLPV2? The TLPV2 enables touch-safe operating voltage measurements outside energized electrical enclosures and is rated CAT III 1500 V / CAT IV 1000 V for demanding solar environments. Its Stäubli MC4 connectors and fully shrouded banana plugs help provide secure, reliable connections during testing. What are the major features of the TLPV2? Key features include a Y-style in-line design for PV modules, official Stäubli MC4 connectors, compatibility with Fluke solar test tools, durable gold-plated contacts, and a design optimized for solar installation, maintenance, and troubleshooting applications. New Fluke TLPV2 Solar Test Lead Set Eliminates Risky Live-Box Voltage Measurements New Fluke TLPV2 Solar Test Lead Set Eliminates Risky Live-Box Voltage Measurements New Fluke TLPV2 Solar Test Lead Set Eliminates Risky Live-Box Voltage Measurements New Y-style MC4 test leads enable safer operating voltage measurements on live PV systems New Fluke TLPV2 Solar Test Lead Set Eliminates Risky Live-Box Voltage Measurements New Y-style MC4 test leads enable safer operating voltage measurements on live PV systems Contact Data Olivia Kline Fluke Corporation [email protected] |
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2026-07-21 15:33
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2026-07-21 09:31
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Accruent Announces Strategic Partnership with PowerX to Strengthen Telecom Infrastructure Energy Management and Performance | FMP Stock News | |
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AUSTIN, Texas--(BUSINESS WIRE)--Accruent, a leading provider of solutions to unify the built environment and an operating company of Fortive (NYSE: FTV), today announced a new strategic partnership with PowerX, a telecom infrastructure intelligence company helping operators monitor and manage energy and tower performance across distributed site portfolios. Through the partnership, Accruent and PowerX will connect PowerX's AI-driven energy intelligence and data science capabilities with Accruent. |
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2026-07-10 05:55
16d ago
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2026-07-09 03:00
18d ago
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Fluke Measurement Tools Help Advanced Renewable Power Meet Rising Demand for Commercial Solar PV | FMP Stock News | |
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Norwich, United Kingdom, July 09, 2026 (GLOBE NEWSWIRE) -- Fluke Corporation, has helped UK-based solar installation company, Advanced Renewable Power (AR Power), to ensure the safer and more accurate installation of solar photovoltaic (PV) systems through use of its measurement tools.AR Power delivers safe, high-quality commercial solar PV installations, providing reliable and efficient energy solutions for commercial and industrial customers. As demand for commercial solar PV continues to grow, AR Power needed to provide swifter maintenance while ensuring work remained safe and reliable. Its existing tools could not accurately measure the high voltages in solar PV systems, and a lack of wireless connectivity meant all data had to be manually recorded, a process that was both time-consuming and prone to errors. Phil Armstrong, O&M Engineer at AR Power, says: “Our goal is to drive the adoption of renewable energy in organisations across the United Kingdom and support their transition to a cleaner, more sustainable future. The problem was that the measurement tools we were using were not designed specifically for high-voltage applications.” AR Power recognised the need to provide its technicians with an essential toolset to perform tasks safely and efficiently in high-voltage environments. To do this, it deployed the Fluke 283 FC True-RMS CAT III 1500 V Digital Multimeter and the 283 FC True-RMS Wireless Current Clamp. “Fluke has been a market leader in industry for test equipment for many years and is our go-to brand because of build quality and reliability of tools backed by excellent service from our Fluke representative,” Armstrong continues. “By integrating the Fluke 283 FC Digital Multimeter and the a283 FC Wireless Clamp into our toolkit, we have significantly enhanced our ability to deliver high-quality, safe, and efficient solar PV installation and maintenance services.” The Fluke Multimeter provides AR Power with highly accurate voltage measurements crucial for precise frontline troubleshooting. It also ensures accurate, reliable, and repeatable results, enhancing confidence in measurement outcomes. When connected to the a283 FC Wireless Clamp, the Multimeter measures voltage and current simultaneously, automatically calculating VA power, which significantly streamlines AR Power’s workflows. Both tools transmit measurements to Android and iOS smartphones via the Fluke Connect app, which provides operators with access to live readings and historical data from any location, enabling immediate analysis and decision-making. The software monitors data over time, helping AR Power identify potential issues before they become critical. Claire Hu Weber, VP International Markets at Fluke adds: “We are pleased to support AR Power’s corporate mission to help companies and organisations reduce energy costs on their journeys towards Net Zero. At Fluke, we firmly believe solar and alternative energy are the future and aim to provide the tools that enable professionals to carry out their jobs safely and effectively. We are committed to the continuous roll out of tools and support for solar engineers at every level.” Two key features of the Fluke tools that make them user-friendly for operators are the visual and audio polarity indicators and a user-defined limit gauge. The indicators are useful for quickly identifying measured voltage polarity, which is crucial for ensuring correct connections and preventing potential system damage. A prominent flashing red backlight provides a clearer warning than a standard backlight, meaning operators do not solely rely on an audible warning that could be missed in noisy environments. Fluke’s devices have significantly contributed to operational improvements throughout the business and reduced the time required for diagnostics and maintenance. As AR Power continues to grow, it anticipates the need for additional devices to support its expanding operations and maintenance department. ### About Advanced Renewable Power Established in 2011, AR Power is dedicated to providing commercial solar installations to businesses and organisations across the North East. They have been installing commercial solar panels for over a decade with a focus on helping commercial clients save money on their energy bills and offset their carbon footprint, allowing them to achieve Net Zero targets. For more information visit the AR Power website. About Fluke Founded in 1948, Fluke Corporation is the world leader in compact, professional electronic test tools and software for measuring and condition monitoring. Fluke customers are technicians, engineers, electricians, maintenance managers, and metrologists who install, troubleshoot, and maintain industrial, electrical, and electronic equipment and calibration processes. FLUKE is a registered trademark of Fluke Corporation. For more information, visit the Fluke website. Q:What does Advanced Renewable Power do? A: Advanced Renewable Power (AR Power) is a UK-based commercial solar PV installer that designs, installs, and maintains solar energy systems for commercial and industrial customers. The company focuses on helping organizations reduce energy costs, lower their carbon footprint, and progress toward their Net Zero goals. Q: Why did AR Power choose to use Fluke tools? A: AR Power needed tools designed to safely and accurately test high-voltage solar PV systems. Fluke's connected test tools improved safety, reduced manual data collection, and helped technicians complete diagnostics and maintenance more efficiently. Q: Which Fluke tools is AR Power using and how are they used? A: AR Power uses the Fluke 283 FC True-RMS CAT III 1500 V Digital Multimeter and the Fluke a283 FC True-RMS Wireless Current Clamp to safely test and troubleshoot high-voltage solar PV systems. Together, they measure voltage and current simultaneously, automatically calculate VA power, and wirelessly share data through the Fluke Connect app for faster diagnostics and maintenance. Fluke Tools Help Advanced Renewable Power Meet Growing Solar Demand Fluke Tools Help Advanced Renewable Power Meet Growing Solar Demand Fluke Tools Help Advanced Renewable Power Meet Growing Solar Demand Connected high-voltage testing enables safer, faster solar maintenance Fluke Tools Help Advanced Renewable Power Meet Growing Solar Demand Connected high-voltage testing enables safer, faster solar maintenance |
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2026-07-09 05:55
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2026-07-08 03:00
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Fluke Helps Solar Installers Take the Risk Out of Rooftop Panel Installation with New PV Module Lift | FMP Stock News | |
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Innovative lifting solution eliminates the need to carry solar panels up ladders, reducing installer fatigue and supporting OSHA ladder safety requirements July 08, 2026 03:00 ET | Source: Fluke CorporationEindhoven, Netherlands, July 08, 2026 (GLOBE NEWSWIRE) -- As rooftop solar installations continue to accelerate worldwide, Fluke Corporation is introducing a safer, simpler approach to moving photovoltaic (PV) modules onto roofs with the Fluke PV Module Lift™, a portable solution designed to reduce installer fatigue, improve productivity, and support Occupational Safety and Health Administration (OSHA) ladder safety compliance. For solar installers, getting panels safely onto a rooftop remains one of the most physically demanding and overlooked aspects of the job. Because OSHA requires workers to maintain three points of contact when climbing ladders, the current method of carrying solar modules by hand creates both safety and compliance challenges. The Fluke PV Module Lift addresses this issue by providing a simple, reliable method for lifting solar panels to rooftops with an existing extension ladder. "Solar installers shouldn't have to choose between productivity and safety," said Will White, Senior Solar Product Manager at Fluke Corporation. "The Fluke Module Lift gives crews a simple, practical way to move solar modules onto rooftops while reducing physical strain, supporting OSHA ladder safety requirements, and eliminating the complexity, cost, and setup time associated with traditional powered hoists. It's a solution that easily solves a challenge installers face every day." Unlike traditional ladder hoists – commonly adapted from the roofing industry – the Fluke Module Lift requires no gas engine, electrical power source, or bulky equipment. The compact system fits easily in a service vehicle, sets up quickly, and costs significantly less than many powered alternatives, making it an ideal solution for residential and light commercial solar installations. The Module Lift's patent module hook securely grips the frame of a solar panel to prevent lateral movement during lifting. Integrated ladder ramps help panels move smoothly over ladder transitions, while a built-in braking mechanism prevents the module from sliding back down the ladder if the lifting rope is released prematurely. Key Benefits of the Fluke PV Module Lift™ Supports OSHA ladder safety requirements by eliminating the need to carry solar panels up laddersReduces worker fatigue and physical strain during rooftop installationsSets up in less than five minutes by a single installerLightweight, rugged, and easy to transportCompatible with existing Werner or Louisville fiberglass extension laddersRequires no electricity, fuel, or external power sourceAvailable with 60-foot and 80-foot rope configurations For more information about the Fluke TMPV2 Module Lift, please visit Fluke PV Module Lift. About Fluke Founded in 1948, Fluke Corporation is the world leader in compact, professional electronic test tools and software for measuring and condition monitoring. Fluke customers are technicians, engineers, electricians, maintenance managers, and metrologists who install, troubleshoot, and maintain industrial, electrical, and electronic equipment and calibration processes. ### FLUKE is a registered trademark of Fluke Corporation. For more information, visit the Fluke website. Q: What problem does the Fluke PV Module Lift solve? A: The Fluke PV Module Lift eliminates the need for installers to carry solar panels up ladders, helping address a common safety, compliance, and fatigue challenge in rooftop solar installations. Q: How does the Fluke PV Module Lift benefit solar installation crews? A: The Fluke PV Module Lift helps crews work more safely and efficiently by reducing physical strain, supporting OSHA ladder safety requirements, and simplifying the process of moving panels to rooftops. Q: What makes the Fluke PV Module Lift different from traditional ladder hoists? A: Unlike many powered hoists, the Fluke PV Module Lift requires no electricity or fuel, sets up in less than five minutes, uses ladders installers already own, and provides a lightweight, cost-effective solution for residential and light commercial solar projects. Fluke Helps Solar Installers Take the Risk Out of Rooftop Panel Installation with New PV Module Lift Fluke Helps Solar Installers Take the Risk Out of Rooftop Panel Installation with New PV Module Lift Fluke Helps Solar Installers Take the Risk Out of Rooftop Panel Installation with New PV Module Lift Innovative lifting solution eliminates the need to carry solar panels up ladders Fluke Helps Solar Installers Take the Risk Out of Rooftop Panel Installation with New PV Module Lift Innovative lifting solution eliminates the need to carry solar panels up ladders Contact Data Olivia Kline Fluke Corporation [email protected] |
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2026-07-07 22:47
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2026-07-07 18:36
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Accruent and Carter Synergy Partner to Reduce Downtime and Improve Facility Performance for Multi-Site Facility Managers | FMP Stock News | |
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AUSTIN, Texas--(BUSINESS WIRE)--Accruent, a leading provider of solutions to unify the built environment and an operating company of Fortive (NYSE: FTV), today announced a new strategic partnership with Carter Synergy, a leading provider of refrigeration, HVAC, mechanical, electrical and facilities management services. Through the partnership, Accruent will integrate Carter Synergy's Technical Bureau Services and deep HVACR (Heating, Ventilation, Air Conditioning, and Refrigeration) expertise i. |
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2026-07-01 13:29
25d ago
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2026-07-01 07:30
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Fortive Schedules Second Quarter 2026 Earnings Conference Call | FMP Stock News | |
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-EVERETT, Wash.,--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the second quarter 2026 on Wednesday, July 29, 2026, beginning at 12:00 p.m. ET and lasting approximately one hour. The call and an accompanying presentation will be webcast on the "Investors" section of Fortive’s website, www.fortive.com, under "News & Events". You can access the conference call by dialing 877-407-3110 within the U.S. or +1 215-268-9915 outside the U.S. a few minutes before 12:00 p.m. ET and notifying the operator that you are dialing in for Fortive’s earnings conference call. A digital recording of the conference call will be available after the conclusion of the call. You can access the replay on the “Investors” section of Fortive’s website under “News & Events”. Fortive’s earnings press release, presentation, and other related materials will be posted to the "Investors" section of Fortive’s website under "Financial Info”. About Fortive Fortive innovates essential technologies to keep our world safe and productive. Fortive’s strategic segments - Intelligent Operating Solutions and Advanced Healthcare Solutions - include iconic inventor brands with leading positions in their markets. The company’s businesses design, develop, manufacture, and market products, software, and services, building on leading brand names, innovative technologies, and strong market positions. Fortive is headquartered in Everett, Washington and employs a team of more than 10,000 research and development, manufacturing, sales, distribution, service, and administrative team members in approximately 50 countries around the world. With a culture rooted in continuous improvement, the core of our company’s operating model is the Fortive Business System. For more information please visit: www.fortive.com. More News From Fortive Corporation Back to Newsroom |
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2026-06-30 06:22
26d ago
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2026-06-29 10:50
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eMaint Launches First Global Partner Network to Scale Customer Value Across Industrial Maintenance Markets | FMP Stock News | |
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Norwich, United Kingdom, June 29, 2026 (GLOBE NEWSWIRE) -- eMaint, the Computerised Maintenance Management Software (CMMS) and Enterprise Asset Management (EAM) software product from Fluke Corporation, today announced the launch of its Global Partner Network. The program formalizes eMaint’s partner ecosystem for the first time, enabling customers to access a broader network of trusted experts, technologies, and services that help accelerate maintenance excellence and asset performance.As industrial organizations modernize their maintenance and reliability programs, they need more than software, they need deep expertise, industry-specific knowledge, and services that help turn technology into measurable operational outcomes. eMaint’s Global Partner Network gives partners a clear, consistent framework to collaborate with eMaint, expand customer impact, and help organizations improve asset reliability, operational efficiency, and long-term performance. The program provides partners with structured training, certification, enablement, incentives, and go-to-market support. Customers will benefit from faster implementation, stronger adoption support, expanded local expertise, and solutions that help improve uptime, standardize maintenance practices, and maximize the value of their eMaint investment. “This is a defining moment for eMaint,” said Jay Hack, Vice President and General Manager of eMaint, “We are formalizing a global partner ecosystem that reflects the scale of our business and the growing demand we see from industrial organizations. Our partners will play a critical role in helping customers move faster, adopt more effectively, and achieve measurable value from their maintenance programs.” The launch builds on eMaint’s established position in industrial maintenance software and creates a stronger foundation for continued growth. By formalizing its partner ecosystem, eMaint is expanding its ability to serve customers across regions, industries, and maintenance maturity levels. Partners will be empowered to support customers across key industries, including Manufacturing, Life Sciences, Food and Beverage, Automotive and Oil and Gas. helping organizations modernize maintenance operations and improve reliability. Joe Cateno, Practice Director at Elevotec, an eMaint Partner, said: “eMaint has built strong credibility with industrial maintenance teams, and this program gives partners a clear path to bring that value to more customers. As demand grows for scalable maintenance solutions, we see a significant opportunity to help organizations modernize their operations with eMaint.” The program reinforces eMaint’s commitment to building a partner ecosystem that can deliver targeted solutions across key industries. As customer needs continue to evolve, the program ensures partners are equipped to respond with practical, measurable support. “We’re building a world-class channel organization focused on customer outcomes, partner success, and scalable growth,” said Chris Lund, Indirect GTM and Channel Lead at eMaint. “Partners have been integral to our success, and this program represents our commitment to helping them grow, differentiate, and drive even greater impact for customers globally.” The new program builds on growing momentum across eMaint’s partner ecosystem, including: Scaled partner presence globally with 25 new partners onboarded across Western and Central Europe, South America, and Canada.Strengthened the partner ecosystem by training 46 partners on eMaint in Bonita Springs and Eindhoven, with a new certification program planned for late 2026.Extended partner-led service capabilities across priority industries, including Life Sciences, Discrete and Process Manufacturing, Facilities Management, Power Generation, Transportation, and the Public Sector. With the Global Partner Program, eMaint is creating a more connected and scalable partner ecosystem designed to accelerate customer value and support the future of industrial maintenance. For more information on eMaint’s Partner Network, please visit: https://www.emaint.com/cmms/emaint-partner-program/ About eMaint eMaint Computerized Maintenance Management System (CMMS) and Enterprise Asset Management (EAM) is an award-winning software for work orders, PM scheduling, asset management, spare parts inventory, condition monitoring. About eMaint’s Partner Network The eMaint Partner Network is a global ecosystem of trusted partners who innovate, sell, implement, and deliver strategic consulting services. By combining industry‑specific expertise with deep platform knowledge, our partners help organizations improve asset reliability, operational efficiency, and long‑term performance across all industries. Find out more here: https://www.emaint.com/cmms/emaint-partner-program/ About Fluke Founded in 1948, Fluke Corporation is the world leader in compact, professional electronic test tools and software for measuring and condition monitoring. Fluke customers are technicians, engineers, electricians, maintenance managers, and metrologists who install, troubleshoot, and maintain industrial, electrical, and electronic equipment and calibration processes. # # # FLUKE is a registered trademark of Fluke Corporation. For more information, visit the Fluke website. Q: Why is eMaint launching a Global Partner Network now? A: Customers need more than software—they need trusted experts who can help deliver measurable maintenance and reliability outcomes. By formalizing our global partner ecosystem, we're expanding access to qualified partners who can accelerate implementation, strengthen adoption, and help customers realize greater value from eMaint. Q: What are the benefits of the Global Partner Network for partners? A: The program gives partners the training, certification, enablement, and go-to-market support they need to grow their business with eMaint. It helps them differentiate their services, expand into new markets, and deliver greater value for customers while building long-term relationships. Q: What does the Global Partner Network mean for eMaint customers? A: Customers gain access to a global network of trusted experts who can help them implement and optimize eMaint more quickly. The result is faster deployments, stronger adoption, greater local expertise, and improved asset reliability, uptime, and long-term value from their eMaint investment. eMaint Launches First Global Partner Network eMaint Launches First Global Partner Network eMaint Launches First Global Partner Network eMaint’s Global Partner Network gives partners a clear, consistent framework to collaborate with eMa... eMaint Launches First Global Partner Network eMaint’s Global Partner Network gives partners a clear, consistent framework to collaborate with eMa... |
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2026-06-27 06:29
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2026-06-26 07:20
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Fluke Earns Top Honors Across Industrial Technology, Reliability, and Electrical Testing | FMP Stock News | |
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Everett, Washington, June 26, 2026 (GLOBE NEWSWIRE) -- — Fluke Corporation is setting the pace for innovation across industrial, electrical, and reliability applications, earning top honors over the past year from leading industry media outlets for solutions that help professionals improve safety, productivity, and performance.Among the honors, CalStudio®, Fluke’s SaaS-based calibration software, earned a Silver Product of the Year Award from Control Engineering for transforming calibration lab operations through a cloud-based platform that streamlines workflows, improves collaboration, and enhances accuracy. RotAlign®, the Company's next-generation laser shaft alignment technology, received a Bronze Product of the Year Award from Plant Engineering for simplifying alignment workflows, improving asset reliability, and reducing maintenance time through its innovative single-laser technology. Fluke was also named a CE Pro 100 Brand Award winner in the Tools and Testers category, reflecting the trust professionals place in Fluke products for their accuracy, reliability, durability, and performance. Together, these awards underscore Fluke's commitment to developing customer-driven innovations that solve real-world challenges and deliver measurable value in the field. Fluke's leadership was further recognized at the latest Pro Tool Innovation Awards, where the company’s products earned top honors across multiple categories, including: • Fluke Shaft Alignment Solution – Winner, Test & Measurement – Laser Alignment • Fluke 283 FC True-RMS CAT III 1500 V Digital Multimeter provides the safety and accuracy to work in high-voltage solar environments with capabilities that streamline technician workflows – Winner, Test & Measurement – Multimeters • Fluke iSee™ Mobile Thermal Camera is a pocket-sized, portable thermal camera with the resolution to deliver detailed image quality – Winner, Test & Measurement – Thermal Imaging From predictive maintenance and electrical testing to thermal imaging, these awards highlight Fluke's ability to bring customer-driven solutions to market that help professionals work with greater confidence, safety, and efficiency. “These awards are especially meaningful because they reflect the real-world impact our products have on the professionals who rely on them every day," said Parker Burke, President of Fluke Corporation. "Innovation starts with listening to customers and collaborating closely with them to understand the challenges they face in the field. Their insights help us develop technologies that improve safety, increase efficiency, and enable better decision-making. We are honored to be recognized by some of the most respected industry and trade publications.” Fluke's reputation for quality and performance was further reinforced by recognition from leading consumer and professional publications. Fluke multimeters received the highest ranking in This Old House magazine's multimeter evaluations and were named the "Best Overall" multimeter by Popular Mechanics, reflecting the trust that professionals place in Fluke products for accuracy, reliability, and durability. For more than 75 years, Fluke has delivered the tools, software, and solutions that help professionals keep the world's critical infrastructure running. The company's portfolio spans electrical testing, thermal imaging, calibration, industrial maintenance, reliability, and connected software solutions used by technicians, engineers, and maintenance professionals around the globe. About Fluke Founded in 1948, Fluke Corporation is the world leader in compact, professional electronic test tools and software for measuring and condition monitoring. Fluke customers are technicians, engineers, electricians, maintenance managers, and metrologists who install, troubleshoot, and maintain industrial, electrical, and electronic equipment and calibration processes. FAQ’s Q: Why did Fluke CalStudio receive the Silver Product of the Year Award from Control Engineering? A: CalStudio earned a Silver Product of the Year Award from Control Engineering for transforming calibration lab operations through a cloud-based platform that centralizes procedures, streamlines workflows, and improves efficiency, accuracy, and collaboration. Q: Why did Fluke RotAlign receive the Bronze Product of the Year Award from Plant Engineering? A: RotAlign earned a Bronze Product of the Year Award from Plant Engineering for simplifying shaft alignment with Fluke's single-laser, dual-detector technology, helping maintenance teams reduce downtime, improve reliability, and complete alignments faster and more accurately. Q: Why was Fluke named a CE Pro 100 Brand Award winner in the Tools and Testers category? A: Fluke was named a CE Pro 100 Brand Award winner in the Tools and Testers category based on the confidence professional integrators place in Fluke products for their accuracy, reliability, durability, and performance in the field. Q: How many Pro Tool Innovation Awards did Fluke win, and which Fluke products received them? A: Fluke won three Pro Tool Innovation Awards, recognizing the Fluke Shaft Alignment Solution in the Laser Alignment category, the Fluke 283 FC True-RMS CAT III 1500 V Digital Multimeter in the Multimeters category, and the Fluke iSee™ Mobile Thermal Camera in the Thermal Imaging category. |
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Advanced Sterilization Products (ASP) Acquires a Majority Stake in UV Smart | FMP Stock News | |
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IRVINE, Calif.--(BUSINESS WIRE)--Advanced Sterilization Products (ASP), part of the Infection Prevention group of companies within Fortive (NYSE: FTV), announced today it has acquired a majority share of UV Smart, a leader in High Level Disinfection technology in Europe.UV Smart is renowned for its UV-C High Level Disinfection (HLD) technology that enables faster, safer and lower-cost HLD for specialty scopes. “UV Smart’s dedicated customer relationships and highly skilled team are key strengths that align perfectly with ASP’s long-term growth strategy of infection prevention,” shared Daan Hoek, co-founder of UV Smart. He continued, “Where current cleaning & disinfection processes of TEE probes can often take hours, UV Smart’s premier product, the D60, achieves high-level disinfection using UV-C light in just minutes. For healthcare providers, the D60 represents a significant improvement in efficiency and workflow.” “This acquisition expands ASP’s ability to deliver innovative solutions to customers across Europe and North America,” said Chad Rohrer, President of ASP and Group President, Fortive Infection Prevention Group. “It strengthens ASP’s portfolio while accelerating global adoption of UV Smart’s products. We are pleased to welcome UV Smart to ASP’s clinical solutions portfolio and look forward to building a stronger future together.” About Advanced Sterilization Products (ASP) Advanced Sterilization Products (ASP) has a long track record of designing and delivering innovative infection prevention solutions that dramatically raise the level of health care and safety for those who matter most. Our pioneering technology, global distribution and established leadership position enable us to simplify the process of buying and operating infection prevention products and services every day for thousands of medical facilities around the world. This enables our customers to focus on what they do best – preventing infection and saving lives. For more information, please visit www.asp.com. About UV Smart UV Smart, a Dutch MedTech Company develops and delivers advanced UV-C products that make healthcare workflows faster, safer, more cost efficient, and more sustainable. The portfolio is specifically aimed at the disinfection of cardiology, gynecology, TEE and ENT equipment respectively, thoughtfully designed and clinically validated. UV Smart now supplies hospitals and clinics in 35 countries. Our dedicated team continuously improves our technology so healthcare facilities of any size can reduce reprocessing time, streamline daily operations, lower costs, and strength traceability while doing what matters most, fighting healthcare-associated infections. For more information about UV Smart, visit https://www.uvsmart.nl. |
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153,337 Shares in Fortive Corporation $FTV Purchased by Defender Capital LLC. | FMP Stock News | |
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Defender Capital LLC. purchased a new stake in shares of Fortive Corporation (NYSE: FTV) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 153,337 shares of the technology company's stock, valued at approximately $8,466,000. Fortive comprises approximately 2.7% of Defender |
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Fortive Corporation $FTV Stake Increased by SG Americas Securities LLC | FMP Stock News | |
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Posted by Defense World Staff on Mar 30th, 2026SG Americas Securities LLC raised its stake in shares of Fortive Corporation (NYSE:FTV – Free Report) by 116.7% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 174,386 shares of the technology company’s stock after acquiring an additional 93,896 shares during the quarter. SG Americas Securities LLC owned approximately 0.05% of Fortive worth $9,628,000 at the end of the most recent quarter. A number of other large investors have also recently added to or reduced their stakes in the stock. Diversified Trust Co. increased its position in shares of Fortive by 48.7% in the 4th quarter. Diversified Trust Co. now owns 17,213 shares of the technology company’s stock worth $950,000 after purchasing an additional 5,641 shares during the last quarter. Wealth Enhancement Advisory Services LLC raised its stake in shares of Fortive by 3.8% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 38,427 shares of the technology company’s stock valued at $2,131,000 after purchasing an additional 1,410 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of Fortive by 2.2% in the 4th quarter. MassMutual Private Wealth & Trust FSB now owns 46,705 shares of the technology company’s stock valued at $2,579,000 after purchasing an additional 1,007 shares in the last quarter. Board of the Pension Protection Fund lifted its position in shares of Fortive by 10.3% during the fourth quarter. Board of the Pension Protection Fund now owns 3,200 shares of the technology company’s stock worth $177,000 after purchasing an additional 300 shares during the last quarter. Finally, Park Avenue Securities LLC lifted its position in shares of Fortive by 2.5% during the fourth quarter. Park Avenue Securities LLC now owns 8,401 shares of the technology company’s stock worth $464,000 after purchasing an additional 208 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors. Wall Street Analyst Weigh In Several analysts recently weighed in on FTV shares. JPMorgan Chase & Co. boosted their price objective on Fortive from $57.00 to $63.00 and gave the company an “underweight” rating in a report on Wednesday, February 11th. Weiss Ratings reaffirmed a “hold (c-)” rating on shares of Fortive in a report on Monday, December 29th. Zacks Research upgraded Fortive from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th. Robert W. Baird set a $65.00 price target on Fortive in a report on Thursday, February 5th. Finally, Mizuho reissued an “underperform” rating and set a $51.00 price target (down from $54.00) on shares of Fortive in a research report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have assigned a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, Fortive currently has a consensus rating of “Hold” and a consensus price target of $61.23. View Our Latest Report on Fortive Fortive Price Performance FTV opened at $53.95 on Monday. The company has a quick ratio of 0.58, a current ratio of 0.71 and a debt-to-equity ratio of 0.36. The company’s 50-day moving average price is $56.34 and its 200 day moving average price is $53.44. Fortive Corporation has a fifty-two week low of $46.34 and a fifty-two week high of $74.67. The firm has a market cap of $16.61 billion, a price-to-earnings ratio of 31.19, a price-to-earnings-growth ratio of 2.91 and a beta of 1.10. Fortive (NYSE:FTV – Get Free Report) last issued its earnings results on Wednesday, February 4th. The technology company reported $0.90 EPS for the quarter, beating analysts’ consensus estimates of $0.83 by $0.07. The company had revenue of $1.12 billion during the quarter, compared to the consensus estimate of $1.09 billion. Fortive had a return on equity of 11.98% and a net margin of 12.48%.Fortive’s quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.17 earnings per share. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. As a group, sell-side analysts expect that Fortive Corporation will post 4.05 earnings per share for the current year. Fortive Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Friday, March 27th. Investors of record on Friday, March 13th were given a dividend of $0.06 per share. The ex-dividend date was Friday, March 13th. This represents a $0.24 dividend on an annualized basis and a yield of 0.4%. Fortive’s payout ratio is currently 13.87%. Insider Buying and Selling In other Fortive news, Director Kate Mitchell sold 7,131 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $58.34, for a total value of $416,022.54. Following the sale, the director directly owned 31,775 shares of the company’s stock, valued at $1,853,753.50. This trade represents a 18.33% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.92% of the stock is currently owned by insiders. Fortive Company Profile (Free Report) Fortive Corporation (NYSE: FTV) is a diversified industrial technology company headquartered in Everett, Washington. The company was created through a spin‑off from Danaher Corporation in 2016 and has since focused on building a portfolio of professional instrumentation and industrial technology businesses. In 2020 Fortive completed a further portfolio separation with the spin‑off of Vontier, concentrating Fortive’s activities on higher‑margin instrumentation, software and services. Fortive’s operations center on professional test and measurement, sensing and monitoring, software‑enabled solutions, and lifecycle services that support industrial and commercial customers. See Also Five stocks we like better than Fortive Receive News & Ratings for Fortive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortive and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINESG Americas Securities LLC Acquires 61,805 Shares of Steel Dynamics, Inc. $STLD NEXT HEADLINE »SG Americas Securities LLC Trims Holdings in Rithm Capital Corp. $RITM |
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Fortive Schedules First Quarter 2026 Earnings Conference Call | FMP Stock News | |
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-EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it will webcast its earnings conference call for the first quarter 2026 on Thursday, April 30, 2026, beginning at 12:00 p.m. ET and lasting approximately one hour. The call and an accompanying presentation will be webcast on the "Investors" section of Fortive’s website, www.fortive.com, under "News & Events". You can access the conference call by dialing 877-407-3110 within the U.S. or +1 215-268-9915 outside the U.S. a few minutes before 12:00 p.m. ET and notifying the operator that you are dialing in for Fortive’s earnings conference call. A digital recording of the conference call will be available after the conclusion of the call. You can access the replay on the “Investors” section of Fortive’s website under “News & Events”. Fortive’s earnings press release, presentation, and other related materials will be posted to the "Investors" section of Fortive’s website under "Financial Info”. About Fortive Fortive innovates essential technologies to keep our world safe and productive. Fortive’s strategic segments - Intelligent Operating Solutions and Advanced Healthcare Solutions - include iconic inventor brands with leading positions in their markets. The company’s businesses design, develop, manufacture, and market products, software, and services, building on leading brand names, innovative technologies, and strong market positions. Fortive is headquartered in Everett, Washington and employs a team of more than 10,000 research and development, manufacturing, sales, distribution, service, and administrative team members in approximately 50 countries around the world. With a culture rooted in continuous improvement, the core of our company’s operating model is the Fortive Business System. For more information please visit: www.fortive.com. More News From Fortive Corporation Back to Newsroom |
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2026-06-12 17:47
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Aberdeen Group plc Has $19.52 Million Stock Position in Fortive Corporation $FTV | FMP Stock News | |
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Posted by Defense World Staff on Apr 7th, 2026Aberdeen Group plc grew its holdings in shares of Fortive Corporation (NYSE:FTV – Free Report) by 12.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 353,520 shares of the technology company’s stock after buying an additional 37,828 shares during the quarter. Aberdeen Group plc owned 0.11% of Fortive worth $19,518,000 at the end of the most recent reporting period. A number of other hedge funds have also recently made changes to their positions in FTV. Dodge & Cox grew its holdings in shares of Fortive by 28.4% during the third quarter. Dodge & Cox now owns 42,595,794 shares of the technology company’s stock valued at $2,086,768,000 after buying an additional 9,422,189 shares during the last quarter. Viking Global Investors LP grew its holdings in shares of Fortive by 28.7% during the third quarter. Viking Global Investors LP now owns 20,483,680 shares of the technology company’s stock valued at $1,003,495,000 after buying an additional 4,571,056 shares during the last quarter. Barrow Hanley Mewhinney & Strauss LLC grew its holdings in shares of Fortive by 55.2% during the third quarter. Barrow Hanley Mewhinney & Strauss LLC now owns 8,709,913 shares of the technology company’s stock valued at $426,699,000 after buying an additional 3,096,711 shares during the last quarter. Hotchkis & Wiley Capital Management LLC grew its holdings in shares of Fortive by 205.6% during the third quarter. Hotchkis & Wiley Capital Management LLC now owns 3,719,200 shares of the technology company’s stock valued at $182,204,000 after buying an additional 2,502,300 shares during the last quarter. Finally, Pacer Advisors Inc. grew its holdings in shares of Fortive by 132.8% during the third quarter. Pacer Advisors Inc. now owns 3,222,299 shares of the technology company’s stock valued at $157,860,000 after buying an additional 1,838,120 shares during the last quarter. 94.94% of the stock is currently owned by institutional investors and hedge funds. Fortive Stock Performance Fortive stock opened at $56.74 on Tuesday. The firm’s 50 day simple moving average is $56.49 and its 200 day simple moving average is $53.72. The company has a current ratio of 0.71, a quick ratio of 0.58 and a debt-to-equity ratio of 0.36. The firm has a market capitalization of $17.47 billion, a PE ratio of 32.80, a price-to-earnings-growth ratio of 3.03 and a beta of 1.09. Fortive Corporation has a 1-year low of $46.34 and a 1-year high of $74.67. Fortive (NYSE:FTV – Get Free Report) last posted its earnings results on Wednesday, February 4th. The technology company reported $0.90 earnings per share for the quarter, topping analysts’ consensus estimates of $0.83 by $0.07. The business had revenue of $1.12 billion for the quarter, compared to analyst estimates of $1.09 billion. Fortive had a net margin of 12.48% and a return on equity of 11.98%. Fortive’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.17 EPS. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. As a group, analysts expect that Fortive Corporation will post 4.05 earnings per share for the current fiscal year. Fortive Dividend Announcement The business also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were paid a $0.06 dividend. This represents a $0.24 dividend on an annualized basis and a yield of 0.4%. The ex-dividend date of this dividend was Friday, March 13th. Fortive’s payout ratio is currently 13.87%. Insider Buying and Selling In other Fortive news, Director Kate Mitchell sold 7,131 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $58.34, for a total value of $416,022.54. Following the completion of the transaction, the director owned 31,775 shares of the company’s stock, valued at $1,853,753.50. The trade was a 18.33% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 0.92% of the stock is currently owned by corporate insiders. Analyst Ratings Changes A number of research firms recently weighed in on FTV. Citigroup raised their price target on shares of Fortive from $59.00 to $64.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. Barclays raised their price target on shares of Fortive from $56.00 to $63.00 and gave the company an “equal weight” rating in a research report on Monday, February 9th. Robert W. Baird set a $65.00 price target on shares of Fortive in a report on Thursday, February 5th. Zacks Research upgraded shares of Fortive from a “hold” rating to a “strong-buy” rating in a research report on Friday, February 13th. Finally, Mizuho restated an “underperform” rating and set a $51.00 price target (down from $54.00) on shares of Fortive in a research report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, ten have issued a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average price target of $60.69. Read Our Latest Research Report on Fortive About Fortive (Free Report) Fortive Corporation (NYSE: FTV) is a diversified industrial technology company headquartered in Everett, Washington. The company was created through a spin‑off from Danaher Corporation in 2016 and has since focused on building a portfolio of professional instrumentation and industrial technology businesses. In 2020 Fortive completed a further portfolio separation with the spin‑off of Vontier, concentrating Fortive’s activities on higher‑margin instrumentation, software and services. Fortive’s operations center on professional test and measurement, sensing and monitoring, software‑enabled solutions, and lifecycle services that support industrial and commercial customers. Featured Articles Five stocks we like better than Fortive Want to see what other hedge funds are holding FTV? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fortive Corporation (NYSE:FTV – Free Report). Receive News & Ratings for Fortive Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Fortive and related companies with MarketBeat.com's FREE daily email newsletter. « PREVIOUS HEADLINEAberdeen Group plc Purchases 11,410 Shares of Old Dominion Freight Line, Inc. $ODFL NEXT HEADLINE »Aberdeen Group plc Trims Holdings in Travere Therapeutics, Inc. $TVTX |
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Fortive Isn't Ready For An Upgrade Yet | FMP Stock News | |
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Fortive Corporation remains a "Hold" as absolute valuation is not compelling, despite relative cheapness versus peers. FTV's revenue grew from $3.92 billion in 2023 to $4.16 billion in 2025, but net profits declined, with adjusted operating cash flow and EBITDA improving. Both Intelligent Operating Solutions and Advanced Healthcare Solutions segments saw organic growth and margin expansion, driven by pricing and innovation. |
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2026-06-12 17:47
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2026-04-28 07:00
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CD&R Announces Jim Lico, Former Fortive CEO, as Operating Advisor | FMP Stock News | |
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NEW YORK--(BUSINESS WIRE)--CD&R (or the “Firm”) today announced that Jim Lico, former President and Chief Executive Officer of Fortive Corporation (NYSE: FTV), a diversified industrial growth company, has been engaged as an Operating Advisor to CD&R funds. Jim will work with the Firm’s industrials team to help source new investments and advise the funds’ industrials businesses.Jim served as founding President and CEO of Fortive from 2016 to 2025, leading the company's separation from Danaher Corporation (NYSE: DHR), growing its market capitalization from $16 billion to $25 billion and delivering safety and productivity solutions across the industrial and healthcare sectors. During his tenure, Fortive delivered strong financial results — generating annual revenues exceeding $6 billion — while executing a disciplined portfolio strategy that included the separation of Ralliant Corporation (NYSE: RAL) to sharpen the company’s focus on its core markets. "We are pleased to have Jim engaged as an Operating Advisor to CD&R funds. Jim has spent nearly three decades building and running leading global technology and industrial businesses and brings deep operational and strategic experience across key sectors that are important to our investment footprint and strategy,” said CD&R CEO Nate Sleeper. Prior to Fortive, Jim spent two decades at Danaher in senior leadership roles, most recently as Operational Executive Vice President. He held broad operating responsibility across multiple business units, led the Danaher Business System office and played an instrumental role in expanding the company’s presence in Asia and the Middle East. Earlier in his career, Jim held senior positions at AlliedSignal and General Motors (NYSE: GM). “CD&R has built a distinctive model, one that pairs rigorous investment discipline with genuine operating partnership,” said Jim. “I believe that approach creates real value, and I look forward to contributing to the next phase of growth for the Firm’s portfolio companies.” Jim currently sits on the boards of DuPont (NYSE: DD), Fred Hutch and PTC (NASDAQ: PTC). He holds a B.S. from the University of Michigan-Dearborn and an M.M. in General Management from Northwestern University – Kellogg School of Management. About CD&R Founded in 1978, CD&R is a leading private investment firm with a strategy of generating strong investment returns by building more robust and sustainable businesses through the combination of skilled investment experience and deep operating capabilities. In partnership with the management teams of its portfolio companies, CD&R takes a long-term view of value creation and emphasizes positive stewardship and impact. The firm invests in businesses that span a broad range of industries, including industrial, healthcare, consumer, technology and financial services end markets. CD&R is privately owned by its partners and has offices in New York and London. For more information, please visit www.cdr.com and follow the firm’s activities through LinkedIn and @CDRBuilds on X/Twitter. |
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2026-06-12 17:47
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2026-04-28 11:31
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Fortive to Release Q1 Earnings: Here's What Investors Should Know | FMP Stock News | |
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Key Takeaways Fortive to report Q1 2026 results April 30, with revenue and earnings expected to decline year over year.FTV is seeing solid growth in IOS and AHS, with both segments projected to post higher revenues.Margin expansion, restructuring actions and buybacks support FTV despite tariff and macro risks. Fortive Corporation (FTV - Free Report) is scheduled to report first-quarter 2026 results on April 30.The Zacks Consensus Estimate for revenues is pegged at $1.03 billion, which implies a decrease of 29.9% from the year-ago reported number. The consensus mark for earnings is pegged at 64 cents per share, indicating a year-over-year decrease of 24.7%. FTV’s earnings outpaced the Zacks Consensus Estimate in two of the trailing four quarters, while missing in one and matching in another, with the average surprise being 5.59%. Fortive’s shares have gained 20.7% compared with the Electronics - Testing Equipment industry’s growth of 36.2% in the past year. Image Source: Zacks Investment Research Factors to Note Ahead of FTV’s Q1 ResultsFortive is benefiting from a diversified portfolio of professional products, software and services serving high-growth end markets like communications, sensing, traffic management, industrial and automotive. Its focus on long-term megatrends such as automation, digitization and electrification supports growth and reduces business cyclicality. In the last reported quarter, management highlighted that it remains sharply focused on executing the three pillars of its Fortive Accelerated strategy: profitable organic growth through Fortive Business System (FBS Amplified), disciplined capital deployment and a continued commitment to building investor trust. The company remained focused on delivering the 2026-2027 longer-term financial framework. This might have benefited the first-quarter performance. Apart from this, the company is gaining from solid growth across both of its segments, Intelligent Operating Solutions (IOS) and Advanced Healthcare Solutions (AHS). In the last reported quarter, revenues from the IOS and AHS segments increased 5.3% and 3.2% year over year, respectively. For first-quarter 2026, the Zacks Consensus Estimate for revenues from the IOS and AHS segments is pegged at $729 million and $313 million, respectively, implying a rise from $671 million and $302 million reported in the year-ago period. Fortive’s margin expansion efforts are showing results. In the last reported quarter, adjusted gross profit increased 2.3% on a year-over-year basis. Adjusted operating margin was 30.2%, which expanded 80 basis points on a year-over-year basis. The company has also been taking restructuring actions, which will help the company lower its cost structure and enable it to generate strong margins. These efforts might have benefited in the first-quarter performance. Also, strong buybacks further reflect its focus on enhancing shareholder value. However, the company faces pressure from an uncertain macro environment and tariffs. Product mix headwinds, trade policy challenges and cautious healthcare spending might have negatively impacted the company’s first-quarter performance. Stiff competition and a leveraged balance sheet are additional concerns. What Does Our Model Unveil for FTV?Our proven model predicts an earnings beat for Fortive this time around. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy), or 3 (Hold) increases the odds of an earnings beat. That is just the case here. Fortive has an Earnings ESP of +0.31% and a Zacks Rank #3 at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter. Other Stocks With the Favorable CombinationHere are three other stocks you may want to consider, as our model shows that these too have the right elements to post an earnings beat in this reporting cycle. Sandisk Corporation (SNDK - Free Report) currently has an Earnings ESP of +4.96% and a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank stocks here. Sandisk is scheduled to report quarterly earnings on April 30. The Zacks Consensus Estimate for SNDK’s to-be-reported quarter’s earnings and revenues is pegged at $13.92 per share and $4.55 billion, respectively. Shares of SNDK have skyrocketed 3,149% in the past year. Western Digital Corporation (WDC - Free Report) has an Earnings ESP of +2.53% and a Zacks Rank #3 at present. WDC is scheduled to report quarterly figures on April 30. The Zacks Consensus Estimate for WDC’s to-be-reported quarter’s earnings and revenues is pegged at $2.41 per share and $3.24 billion, respectively. Shares of WDC are up 890.6% in the past year. Monolithic Power Systems (MPWR - Free Report) has an Earnings ESP of +0.78% and a Zacks Rank #2 at present. MPWR is scheduled to report quarterly figures on April 30. The Zacks Consensus Estimate for MPWR’s to-be-reported quarter’s earnings and revenues is pegged at $4.89 per share and $781.1 million, respectively. Shares of MPWR are up 172.6% in the past year. |
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What Analyst Projections for Key Metrics Reveal About Fortive (FTV) Q1 Earnings | FMP Stock News | |
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Analysts on Wall Street project that Fortive (FTV - Free Report) will announce quarterly earnings of $0.64 per share in its forthcoming report, representing a decline of 24.7% year over year. Revenues are projected to reach $1.03 billion, declining 29.9% from the same quarter last year.The current level reflects an upward revision of 0.3% in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock. While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding. Bearing this in mind, let's now explore the average estimates of specific Fortive metrics that are commonly monitored and projected by Wall Street analysts. Based on the collective assessment of analysts, 'Sales- Advanced Healthcare Solutions' should arrive at $312.92 million. The estimate suggests a change of +3.6% year over year. The collective assessment of analysts points to an estimated 'Sales- Intelligent Operating Solutions' of $728.82 million. The estimate suggests a change of +8.6% year over year. It is projected by analysts that the 'Operating Profit- Intelligent Operating Solutions' will reach $189.56 million. Compared to the current estimate, the company reported $173.70 million in the same quarter of the previous year. Analysts predict that the 'Operating Profit- Advanced Healthcare Solutions' will reach $22.91 million. Compared to the current estimate, the company reported $26.30 million in the same quarter of the previous year. Analysts' assessment points toward 'Adjusted Operating Profit (Non-GAAP)- Advanced Healthcare Solutions' reaching $71.41 million. Compared to the present estimate, the company reported $70.90 million in the same quarter last year. The consensus among analysts is that 'Adjusted Operating Profit (Non-GAAP)- Intelligent Operating Solutions' will reach $245.93 million. The estimate compares to the year-ago value of $223.70 million. View all Key Company Metrics for Fortive here>>> Over the past month, shares of Fortive have returned +11.7% versus the Zacks S&P 500 composite's +12.2% change. Currently, FTV carries a Zacks Rank #3 (Hold), suggesting that its performance may align with the overall market in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> . |
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2026-06-12 17:47
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Published
2026-04-29 15:26
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2 Electronics Testing Stocks to Watch From a Prospering Industry | FMP Stock News | |
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Original source text
The Zacks Electronics – Testing Equipment industry has been suffering from a challenging global macroeconomic environment, end-market volatility, unfavorable forex and growing geopolitical tensions. The sluggish automotive sector, due to declining investments in electric vehicles, has been a major headwind for industry participants. The factory automation end market has been weak, and the conservative capital expenditure trend across consumer electronics is a headwind. Nevertheless, industry players like AMETEK (AME - Free Report) and Fortive (FTV - Free Report) are benefiting from 5G-related growth opportunities, strengthening automation drive and the Industry 4.0 momentum. The increasing adoption of software-enabled testing instruments and devices is another positive.Industry Description The Zacks Electronics – Testing Equipment industry comprises companies offering advanced instruments, electronic testing equipment solutions, thermal management systems, electrical connectors, motors and various test solutions. The major end markets served by this industry are consumer, automobile, industrial, aerospace and defense, healthcare, semiconductors and communications, to name a few. Industry participants have been making technological advancements to gain traction among semiconductors, vehicles, machinery, smartphones and medical device manufacturers, who are constantly increasing their spending on electronic components. 4 Trends Shaping the Future of Electronics - Testing Equipment Industry Solid Adoption of Motion Control & Test Systems is Positive: The rising utilization of precision motion-control solutions and automatic test systems in motion-control devices and testing products, particularly in the aerospace, automation, medical and military markets, is an upside. Commercial motor and autonomous vehicles will likely continue to hike the demand for vehicle-tracking systems, fleet-management solutions and other private fleet applications, which are part of the industry’s key offerings. Secular Growth, Niche Strength, and Sustainability-Driven Demand Aids Growth: Secular growth is driven by exposure to long-term themes like automation, healthcare, aerospace, semiconductors, and energy transition. Industry players operate in niche, mission-critical segments where products are essential to performance and safety. This supports strong pricing power, customer attachment, and consistently high margins compared to broader industrial peers. Sustainability and energy transition trends are creating new demand for products that improve efficiency, reduce emissions, and support renewable energy adoption, providing an additional long-term growth driver. Recurring Revenues Boost Free Cash Flow Generation Ability: A meaningful portion of revenue comes from recurring streams such as aftermarket services, calibration, maintenance, and spares. This improves earnings visibility and reduces volatility across cycles. Asset-light business models require relatively low capital expenditure, resulting in high free cash flow conversion. This supports shareholder returns, reinvestment, and acquisition strategies. Macroeconomic Headwinds Pose Concerns: Due to the challenging macroeconomic scenario, enterprises are reluctant to sign multi-year deals worldwide. The industry is seeing supply chain volatility along with the negative impact of tariffs. These trends do not bode well for the industry participants. Zacks Industry Rank Indicates Bright Prospects The Zacks Electronics – Testing Equipment industry is housed within the broader Zacks Computer and Technology sector. It carries a Zacks Industry Rank #96 at present, which places it in the top 39% of more than 250 Zacks industries. The group’s Zacks Industry Rank, the average of the Zacks Rank of all the member stocks, indicates dim near-term prospects. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than two to one. The industry’s position in the top 50% of the Zacks-ranked industries is a result of a positive earnings outlook for the constituent companies in aggregate. Looking at the aggregate earnings estimate revisions, it appears that analysts are optimistic about this group’s earnings growth potential. The industry’s earnings estimates for 2026 have moved north by 6.5% since July 31, 2025. Given the bullish scenario, there are a number of stocks currently worth watching. But before we present those stocks, let us look at the industry’s recent stock-market performance and the valuation picture. Industry Underperforms S&P 500 & Sector The Zacks Electronics – Testing Equipment industry has underperformed the S&P 500 and the broader sector over the past year. The industry has climbed 23.6% over this period against the S&P 500’s appreciation of 33.1% and the broader sector’s return of 54%. One-Year Price Performance Industry's Current Valuation Based on the forward 12-month price-to-earnings ratio (P/E), a commonly used multiple for valuing the Electronics – Testing Equipment stocks, the industry is currently trading at 26.17X, higher than the S&P 500’s 22.10X and the sector’s 25.56X. Over the past five years, the industry has traded as high as 26.64X and as low as 20.50X, with a median of 23.83X, as the chart below shows. Forward 12-Month P/E Ratio 2 Testing Equipment Stocks to Watch AMETEK: This Zacks Rank #3 (Hold) company is benefiting from strong order growth, record backlog ($3.58 billion) and acquisitions. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. In 2025, AME completed the acquisitions of FARO Technologies and Kern Microtechnik for approximately $1 billion, acquiring approximately $400 million in annual sales. These, along with the LKC Technologies acquisition, are driving AMETEK’s Electronic Instruments Group segment performance. AMETEK expects 2026 sales to increase mid- to high single digits on a percentage basis, with organic sales expected to increase low to mid-single digits. The company expects earnings between $7.87 per share and $8.07 per share, suggesting 6-9% year-over-year growth. The Zacks Consensus Estimate for 2026 earnings has been steady at $8.04 per share over the past 30 days, indicating year-over-year growth of 8.2%. Shares of AMETEK have climbed 11.5% year to date. Price & Consensus: AME Fortive: This Zacks Rank #3 company is benefiting from a diversified portfolio across automation, digitization and electrification. The company remains focused on executing the Fortive Accelerated strategy across growth, capital discipline and investor trust. Fortive continues to accelerate new product introduction velocity, including solutions targeting high-growth verticals. In the fourth quarter of 2025, recurring revenues grew, driven by continued strength in Fluke's maintenance software and deeply embedded data, as well as AI-enhanced software capabilities across iOS and AHS segments. Fortive expects 2026 adjusted earnings between $2.90 per share and $3 per share, indicating 9% year-over-year growth at the midpoint. The Zacks Consensus Estimate for 2026 earnings has been revised a penny downward in the past 30 days to $2.94 per share, indicating year-over-year growth of 8.5%. Shares of Fortive have climbed 11.9% year to date. Price & Consensus: FTV |
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2026-06-12 17:47
1mo ago
Published
2026-04-30 07:30
2mo ago
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Fortive Reports First Quarter 2026 Results | FMP Stock News | |
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Original source text
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the first quarter of 2026.“Q1 represented a strong start to the year and another quarter of solid execution by our team. We delivered core revenue growth of ~5%, adjusted EBITDA growth of ~13%, and adjusted EPS growth of ~25%. This solid performance reflects underlying strength in demand for our market-leading products, encouraging progress in the execution of our Fortive Accelerated strategy, and a continued focus on financial discipline and Fortive Business System (FBS) operational rigor. We continued to deliver on our commitment to disciplined capital allocation by completing an additional ~$500 million of share repurchases in the quarter, bringing our total buybacks in the three quarters since launching new Fortive to ~$1.8 billion,” said Olumide Soroye, President and CEO. “Looking ahead, we are reaffirming our full-year 2026 adjusted EPS guidance range of $2.90 to $3.00, and we are currently trending toward the upper half of the range. We are encouraged by early progress on all three pillars of our Fortive Accelerated strategy: profitable organic growth acceleration powered by FBS Amplified, disciplined capital allocation with a focus on best relative returns, and a commitment to building and maintaining investor trust. We remain firmly on track to deliver on our medium-term financial framework and our progress to date boosts our excitement about the significant shareholder value creation opportunity in front of us,” Mr. Soroye concluded. Financial Highlights for First Quarter 2026, Continuing Operations Revenue of $1.07 billion, up 7.7% year-over-year; core revenue up 5.3% GAAP net earnings of $136 million, up 21.1% year-over-year, GAAP net earnings margin of 12.8%; adjusted EBITDA of $314 million, up 13.2% year-over-year, adjusted EBITDA margin of 29.3% GAAP diluted net EPS of $0.44, up 33.3% year-over-year; adjusted diluted net EPS of $0.70, up 25.4% year-over-year GAAP operating cash flow of $220 million; Free Cash Flow of $194 million Deployed ~$500 million towards share repurchases FY 2026 Guidance For FY 2026, Fortive continues to expect adjusted diluted net earnings per share of $2.90 to $3.00. Summary Financial Results, Continuing Operations Fortive Continuing Operations Q1-26 Q1-25 Variance Revenue $1,069M $993M 7.7% / 5.3% (reported / core) GAAP Net Earnings $136M $113M 21.1% GAAP Net Earnings margin 12.8% 11.3% 150 bps Adj. EBITDA $314M $277M 13.2% Adj. EBITDA margin 29.3% 27.9% 140 bps GAAP diluted net earnings per share $0.44 $0.33 33.3% Adj. diluted net earnings per share $0.70 $0.55 25.4% GAAP Operating cash flow $220M $192M 14.9% Free cash flow $194M $171M 13.5% Percentages presented may not recalculate based on the amounts shown due to rounding. Summary Financial Results by Segment, Continuing Operations Intelligent Operating Solutions Q1-26 Q1-25 Variance Revenue $743M $691M 7.6% / 5.2% (reported / core) GAAP Operating profit $186M $175M 6.6% GAAP Operating margin 25.1% 25.3% (20) bps Adj. EBITDA $255M $236M 8.0% Adj. EBITDA margin 34.3% 34.2% 10 bps Advanced Healthcare Solutions Q1-26 Q1-25 Variance Revenue $326M $302M 7.9% / 5.8% (reported / core) GAAP Operating profit $33M $22M 50.7% GAAP Operating margin 10.0% 7.2% 280 bps Adj. EBITDA $84M $71M 17.7% Adj. EBITDA margin 25.7% 23.6% 210 bps PRECISION TECHNOLOGIES SEPARATION On June 28, 2025 (the “Distribution Date”), the Company completed the separation (the “Separation” or the “PT Separation”) of its former Precision Technologies segment by distributing to Fortive shareholders on a pro rata basis all of the issued and outstanding common stock of Ralliant Corporation (“Ralliant”), the entity incorporated to hold the PT businesses. The requirements for reporting the Ralliant business as discontinued operations were met upon completion of the PT Separation. Unless otherwise indicated, all amounts herein refer to continuing operations. CONFERENCE CALL DETAILS Fortive will discuss results and outlook during its quarterly investor conference call today starting at 12:00 p.m. ET. The call and an accompanying slide presentation will be webcast on the “Investors” section of Fortive’s website, www.fortive.com, under “News & Events.” A replay of the webcast will be available at the same location shortly after the conclusion of the presentation. The conference call can be accessed by dialing 877-407-3110 within the U.S. or by dialing +1 215-268-9915 outside the U.S. a few minutes before 12:00 p.m. ET and notifying the operator that you are dialing in for Fortive’s earnings conference call. You can access a replay of the conference call on the “Investors” section of Fortive’s website, www.fortive.com, under “News & Events.” ABOUT FORTIVE Fortive innovates essential technologies to keep our world safe and productive. Fortive’s strategic segments - Intelligent Operating Solutions and Advanced Healthcare Solutions - include iconic inventor brands with leading positions in their markets. The company’s businesses design, develop, manufacture, and market products, software, and services, building on leading brand names, innovative technologies, and strong market positions. Fortive is headquartered in Everett, Washington and employs a team of more than 10,000 research and development, manufacturing, sales, distribution, service, and administrative team members in approximately 50 countries around the world. With a culture rooted in continuous improvement, the core of our company’s operating model is the Fortive Business System. For more information please visit: www.fortive.com. NON-GAAP FINANCIAL MEASURES In addition to the financial measures prepared in accordance with United States generally accepted accounting principles (GAAP), this earnings release also references “adjusted net earnings,” “adjusted diluted net earnings per share,” “adjusted EBITDA,” “adjusted EBITDA margin,” “free cash flow,” and “core revenue growth,” which are non-GAAP financial measures. The reasons why we believe these measures, when used in conjunction with the GAAP financial measures, provide useful information to investors, how management uses such non-GAAP financial measures, a reconciliation of these measures to the most directly comparable GAAP measures and other information relating to these measures are included in the supplemental reconciliation schedule attached. The non-GAAP financial measures should not be considered in isolation or as a substitute for the GAAP financial measures, but should instead be read in conjunction with the GAAP financial measures. The non-GAAP financial measures used by Fortive in this release may be different from similarly-titled non-GAAP measures used by other companies. With respect to forward-looking non-GAAP measures, we have not reconciled with, or presented, corresponding forward-looking GAAP measures since doing so would require us to make assumptions with precision about acquisitions, currency translations, capital and other expenses and other similar adjustments during the future periods. FORWARD-LOOKING STATEMENTS Statements in this presentation that are not strictly historical, including statements regarding anticipated financial results, industry trends, the ability to execute the planned strategies, future prospects, shareholder value, and any other statements identified by their use of words like “anticipate,” “expect,” “believe,” “outlook,” “guidance,” “target,” or “will” or other words of similar meaning, are “forward-looking statements" within the meaning of the United States federal securities laws. Factors that could cause actual results to differ materially from those in the forward-looking statements include, among other things: deterioration of or instability in the economy, the markets we serve, international trade policies and deteriorating trade relations with other countries, including imposition of tariffs and retaliatory tariffs between United States and China and other countries, responsive economic nationalism, trade restrictions, and enhanced regulation, impact of any prolonged government shutdown, the financial markets, geopolitical conditions and conflicts including in the Middle East and in Ukraine, security breaches, data exfiltration, or other disruptions of our information technology systems, supply chain constraints, our ability to adjust purchases and manufacturing capacity to reflect market conditions, reliance on sole sources of supply, contractions or lower growth rates and cyclicality of markets we serve, competition, changes in industry standards and governmental regulations, our ability to manage leadership transitions and recruit and retain key employees, our ability to successfully identify, consummate, integrate and realize the anticipated value of appropriate acquisitions or otherwise effectively deploy our capital, our ability to develop and successfully market new products, software, and services and expand into new markets, the potential for improper conduct by our employees, agents or business partners, contingent liabilities relating to acquisitions and divestitures, impact of changes to tax laws, our compliance with applicable laws and regulations and changes in applicable laws and regulations, risks relating to international economic, geopolitical, including war and sanctions, legal, compliance and business factors, risks relating to potential impairment of goodwill and other intangible assets, currency exchange rates, tax audits and changes in our tax rate and income tax liabilities, the impact of our debt obligations on our operations, litigation and other contingent liabilities including intellectual property and environmental, health and safety matters, our ability to adequately protect our intellectual property rights, risks relating to product, service or software defects, product liability and recalls, risks relating to product manufacturing, our relationships with and the performance of our channel partners, commodity costs and surcharges, adverse effects of restructuring activities, our separation into two independent, publicly-traded companies, risk related to tax treatment of our prior separations, impact of our indemnification obligation to Ralliant and Vontier, impact of changes to U.S. GAAP, labor matters, and disruptions relating to man-made and natural disasters and climate change. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our Annual Report on Form 10-K for the year ended December 31, 2025 and Quarterly Reports on Form 10-Q for the subsequent quarters. These forward-looking statements speak only as of the date of this presentation, and Fortive does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise. FORTIVE CORPORATION AND SUBSIDIARIES CONSOLIDATED CONDENSED STATEMENTS OF EARNINGS ($ and shares in millions, except per share amounts) (unaudited) Three Months Ended April 3, 2026 March 28, 2025 Sales 1,069.4 993.1 Cost of sales (393.9 ) (355.6 ) Gross profit 675.5 637.5 Operating costs: Selling, general and administrative (417.3 ) (408.2 ) Research and development (66.5 ) (64.0 ) Operating profit 191.7 165.3 Non-operating income (expense), net: Interest expense, net (31.6 ) (32.0 ) Other non-operating income, net 3.5 0.4 Earnings from continuing operations before income taxes 163.6 133.7 Income taxes (27.2 ) (21.1 ) Net earnings from continuing operations 136.4 112.6 Net earnings from discontinued operations — 59.3 Net earnings $ 136.4 $ 171.9 Net earnings per common share from continuing operations: Basic $ 0.44 $ 0.33 Diluted $ 0.44 $ 0.33 Net earnings per common share from discontinued operations: Basic $ — $ 0.17 Diluted $ — $ 0.17 Net earnings per share: Basic $ 0.44 $ 0.50 Diluted $ 0.44 $ 0.50 Average common stock and common equivalent shares outstanding: Basic 309.6 341.1 Diluted 312.8 344.6 This information is presented for reference only. A complete copy of Fortive’s Form 10-Q financial statements is available on the Company’s website (www.fortive.com). FORTIVE CORPORATION AND SUBSIDIARIES SEGMENT INFORMATION ($ in millions) (unaudited) Three Months Ended April 3, 2026 March 28, 2025 Sales: Intelligent Operating Solutions $ 743.2 $ 690.9 Advanced Healthcare Solutions 326.2 302.2 Total $ 1,069.4 $ 993.1 Operating Profit: Intelligent Operating Solutions $ 186.2 $ 174.6 Advanced Healthcare Solutions 32.7 21.7 Other (a) (27.2 ) (31.0 ) Total $ 191.7 $ 165.3 Operating Margins: Intelligent Operating Solutions 25.1 % 25.3 % Advanced Healthcare Solutions 10.0 % 7.2 % Total 17.9 % 16.6 % (a) Operating profit amounts in the Other category consist of unallocated corporate costs and other costs not considered part of our evaluation of reportable segment operating performance. This information is presented for reference only. A complete copy of Fortive’s Form 10-Q financial statements is available on the Company’s website (www.fortive.com). FORTIVE CORPORATION AND SUBSIDIARIES CONSOLIDATED CONDENSED BALANCE SHEETS ($ and shares in millions, except per share amounts) As of April 3, 2026 December 31, 2025 (unaudited) ASSETS Current assets: Cash and equivalents $ 356.1 $ 375.5 Accounts receivable less allowance for doubtful accounts of $18.4 and $18.8, respectively 647.0 683.6 Inventories: Finished goods 175.0 169.9 Work in process 13.9 12.3 Raw materials 116.6 109.6 Inventories 305.5 291.8 Prepaid expenses and other current assets 233.8 234.0 Current assets, discontinued operations 4.8 20.8 Total current assets 1,547.2 1,605.7 Property, plant and equipment, net of accumulated depreciation of $447.0 and $430.2, respectively 276.3 269.8 Other assets 378.6 375.5 Goodwill 7,288.5 7,298.3 Other intangible assets, net 2,093.5 2,188.4 Total assets $ 11,584.1 $ 11,737.7 LIABILITIES AND EQUITY Current liabilities: Current portion of long-term debt $ 899.8 $ 899.5 Trade accounts payable 415.9 436.4 Accrued expenses and other current liabilities 869.6 910.7 Total current liabilities 2,185.3 2,246.6 Other long-term liabilities 718.1 723.5 Long-term debt 2,589.3 2,306.5 Equity: Common stock: $0.01 par value, 2,000 shares authorized; 371.3 and 366.6 issued; 305.6 and 313.4 outstanding; respectively 3.7 3.7 Additional paid-in capital 4,225.7 4,210.0 Treasury shares, at cost (3,734.3 ) (3,229.8 ) Retained earnings 5,546.5 5,428.5 Accumulated other comprehensive income (loss) 41.5 41.0 Total Fortive stockholders’ equity 6,083.1 6,453.4 Noncontrolling interests 8.3 7.7 Total stockholders’ equity 6,091.4 6,461.1 Total liabilities and equity $ 11,584.1 $ 11,737.7 This information is presented for reference only. A complete copy of Fortive’s Form 10-Q financial statements is available on the Company’s website (www.fortive.com). FORTIVE CORPORATION AND SUBSIDIARIES CONSOLIDATED CONDENSED STATEMENTS OF CASH FLOWS ($ in millions) (unaudited) Three Months Ended April 3, 2026 March 28, 2025 Cash flows from operating activities: Net earnings $ 136.4 $ 171.9 Less: net earnings from discontinued operations — (59.3 ) Net earnings from continuing operations 136.4 112.6 Adjustments to reconcile net earnings to net cash provided by operating activities: Amortization 93.2 91.2 Depreciation 20.4 16.8 Stock-based compensation 21.3 23.4 Change in certain assets and liabilities: Change in accounts receivable, net 34.8 25.9 Change in inventories (14.8 ) (12.7 ) Change in trade accounts payable (19.8 ) 5.2 Change in prepaid expenses and other assets (4.4 ) (15.4 ) Change in accrued expenses and other liabilities (46.7 ) (55.2 ) Total operating cash provided by continuing operations 220.4 191.8 Total operating cash provided by discontinued operations 14.4 49.9 Net cash provided by operating activities 234.8 241.7 Cash flows from investing activities: Purchases of property, plant and equipment (26.6 ) (21.1 ) All other investing activities (0.1 ) (1.0 ) Total investing cash used in continuing operations (26.7 ) (22.1 ) Total investing cash used in discontinued operations — (4.1 ) Net cash used in investing activities (26.7 ) (26.2 ) Cash flows from financing activities: Net proceeds from commercial paper borrowings 591.7 80.7 Repurchase of common shares (500.2 ) (202.6 ) Payment of dividends (18.4 ) (27.2 ) Repayment of borrowings (maturities greater than 90 days) (292.9 ) — All other financing activities (8.7 ) 8.1 Total financing cash used in continuing operations (228.5 ) (141.0 ) Total financing cash used in discontinued operations — — Net cash used in financing activities (228.5 ) (141.0 ) Effect of exchange rate changes on cash and equivalents 1.0 4.3 Net change in cash and equivalents (19.4 ) 78.8 Beginning balance of cash and equivalents 375.5 813.3 Ending balance of cash and equivalents $ 356.1 $ 892.1 This information is presented for reference only. A complete copy of Fortive’s Form 10-Q financial statements is available on the Company’s website (www.fortive.com). FORTIVE CORPORATION AND SUBSIDIARIES RECONCILIATION OF GAAP TO NON-GAAP FINANCIAL MEASURES AND OTHER INFORMATION Management believes that each of the non-GAAP financial measures described below provide useful information to investors by reflecting additional ways of viewing aspects of our operations that, when reconciled to the corresponding GAAP measure, help our investors to understand the long-term profitability trends of our business, and facilitate comparisons of our operational performance and profitability to prior and future periods and to our peers. The information presented below reflect GAAP to non-GAAP reconciliations for the non-GAAP measures of Fortive on a continuing operations basis. These non-GAAP measures should be considered in addition to, and not as a replacement for or superior to, the comparable GAAP measures, and may not be comparable to similarly titled measures reported by other companies. Adjusted Net Earnings, Adjusted Diluted Net Earnings per Share, Adjusted EBITDA, and Adjusted EBITDA Margin We disclose the consolidated non-GAAP measures of adjusted net earnings, adjusted diluted net earnings per share, and the non-GAAP measures of adjusted earnings before income taxes, interest, depreciation, and amortization (“adjusted EBITDA”), and adjusted EBITDA margin, which to the extent applicable, make the following adjustments to GAAP net earnings, and GAAP diluted net earnings per share: Excluding on a pretax basis amortization of acquisition related intangible assets; Excluding on a pretax basis acquisition, divestiture, and Separation related items; Excluding on a pretax basis the costs incurred pursuant to discrete restructuring plans that are fundamentally different from ongoing productivity improvements in terms of the size, strategic nature, planning requirements and the inconsistent frequency of such plans as well as the associated macroeconomic drivers which underlie such plans (the “Discrete Restructuring Charges”); Excluding on a pretax basis the effect of foreign currency transaction gains and losses related to Euro-denominated debt; In addition to the adjustments noted above, with respect to the consolidated non-GAAP measures of adjusted EBITDA and adjusted EBITDA margin, we make the following adjustments to GAAP net earnings before income taxes: Excluding on a pretax basis net interest expense; Excluding on a pretax basis depreciation expense; and Excluding income taxes. In addition to the adjustments noted above, with respect to the non-GAAP measures of adjusted net earnings and adjusted diluted net earnings per share, we make the following adjustments to GAAP net earnings and GAAP diluted net earnings per share: Excluding the tax effect (to the extent tax deductible) of the pretax adjustments noted above. The tax effect of such adjustments was calculated by applying our overall estimated effective tax rate to the pretax amount of each adjustment (unless the nature of the item and/or the tax jurisdiction in which the item has been recorded requires application of a specific tax rate or tax treatment, in which case the tax effect of such item is estimated by applying such specific tax rate or tax treatment). We also disclose for each segment of Fortive, the non-GAAP measures of adjusted EBITDA and adjusted EBITDA margin, which to the extent applicable, make the following adjustments to GAAP operating profit for the corresponding segment, which is deemed to be the most comparable GAAP measure given interest and taxes are not incurred at the segment level: Excluding on a pretax basis amortization of acquisition related intangible assets; Excluding on a pretax basis acquisition and divestiture related items; Excluding on a pretax basis Discrete Restructuring Charges; and Excluding on a pretax basis depreciation expense. Amortization of Acquisition Related Intangible Assets As a result of our acquisition activity, we have significant amortization expense associated with definite-lived intangible assets. We adjust for amortization expense of acquisition related intangible assets incurred in each period, and impairment charges incurred, if any. We believe that this adjustment provides our investors with additional insight into our operational performance and profitability as such impacts are not related to our core business performance. Acquisition, Divestiture, and Separation Related Items While we have a history of acquisition and divestiture activity, we do not acquire and divest businesses or assets on a predictable cycle. The amount of an acquisition’s purchase price allocated to inventory fair value adjustments are unique to each acquisition and can vary significantly from acquisition to acquisition. In addition, transaction costs, which include acquisition, divestiture, integration, restructuring, and separation costs related to completed or announced transactions are unique to each transaction and are impacted from period to period depending on the number of acquisitions or divestitures evaluated, pending, or completed during such period, and the complexity of such transactions. We adjust for transaction costs, incremental costs related to the Separation, integration costs and corresponding restructuring charges related to acquisitions, in each case, incurred in a given period. Restructuring costs related to the Separation are not included in this adjustment but are instead included in Discrete Restructuring Costs. Discrete Restructuring Costs We will exclude costs incurred pursuant to discrete restructuring plans that are fundamentally different from the ongoing productivity improvements that result from application of the Fortive Business System or from execution of general cost saving strategies. These discrete restructuring plans differ in terms of the size, strategic nature and planning requirements, and are often triggered by significant macroeconomic shifts, significant divestitures such as the Separation, or material operational, economic or capital market disruptions. Because these restructuring plans will be incremental to the fundamental activities that arise in the ordinary course of our business and we believe are not indicative of our ongoing operating costs in a given period, we exclude these costs to facilitate a more consistent comparison of operating results over time. Restructuring costs related primarily to an acquisition as opposed to dispositions are not included in this adjustment but are instead included in acquisition related items. In the fourth quarter of 2024, we initiated a discrete restructuring plan related to the Separation that is expected to be completed by the second half of 2026. Foreign Currency Transaction Gains and Losses Related to Euro-denominated Debt We adjust for the effect of unrealized foreign currency transaction gains and losses on the remeasurement of Euro-denominated debt that are not designated as hedging instruments for accounting purpose. As the fluctuations in foreign currency exchange rates continue to remain volatile, we believe this adjustment facilitates comparison of our performance with prior and future periods and provides our investors with additional insight into our operational performance. Core Revenue Growth We use the term “core revenue growth” when referring to a corresponding year-over-year GAAP revenue measure, excluding (1) the impact from acquired or divested businesses and (2) the impact of foreign currency translation. References to sales attributable to acquisitions or acquired businesses refer to GAAP sales from acquired businesses recorded prior to the first anniversary of the acquisition less the amount of sales attributable to certain divested businesses or product lines that have been divested or, at the time of reporting, are pending divestiture but are not, and will not be, considered discontinued operations prior to the first anniversary of the divestiture. The portion of sales attributable to the impact of currency translation is calculated as the difference between (a) the period-to-period change in sales (excluding sales impact from acquired businesses) and (b) the period-to-period change in sales (excluding sales impact from acquired businesses) after applying the current period foreign exchange rates to the prior year period. This non-GAAP measure should be considered in addition to, and not as a replacement for or superior to, the comparable GAAP measure, and may not be comparable to similarly titled measures reported by other companies. Management believes that this non-GAAP measure provides useful information to investors by helping identify underlying growth trends in our business and facilitating comparisons of our revenue performance with prior and future periods and to our peers. We exclude the effect of acquisition and divestiture-related items because the nature, size and number of such transactions can vary dramatically from period to period and between us and our peers. We exclude the effect of currency translation from sales measures because currency translation is not under management’s control and is subject to volatility. We believe that such exclusions, when presented with the corresponding GAAP measures, may assist in assessing the business trends and making comparisons of long-term performance. Free Cash Flow We use the term “free cash flow” when referring to net cash provided by operating activities calculated according to GAAP less payments for capital expenditures. Management believes that such non-GAAP measure provides useful information to investors in assessing our ability to generate cash without external financing, fund acquisitions and other investments and, in the absence of refinancing, repay our debt obligations. However, it should be noted that free cash flow as a liquidity measure has material limitations because it excludes certain expenditures that are required or that we have committed to, such as debt service requirements and other non-discretionary expenditures. Such non-GAAP measure should be considered in addition to, and not as a replacement for or superior to, the comparable GAAP measure, and may not be comparable to similarly titled measures reported by other companies. Core Revenue Growth (unaudited) Three Months Ended April 3, 2026 Intelligent Operating Solutions Advanced Healthcare Solutions Total Fortive Total Revenue Growth (GAAP) 7.6 % 7.9 % 7.7 % Excluding impact of: Acquisitions and divestitures 0.1 % — % — % Currency exchange rates (2.5)% (2.1)% (2.4)% Core Revenue Growth (Non-GAAP) 5.2 % 5.8 % 5.3 % Adjusted EBITDA and Adjusted EBITDA Margin from Continuing Operations (unaudited) Three Months Ended $ in millions April 3, 2026 March 28, 2025 Revenue (GAAP) $ 1,069.4 $ 993.1 Net Earnings from Continuing Operations (GAAP) $ 136.4 $ 112.6 Interest expense, net 31.6 32.0 Income taxes 27.2 21.1 Depreciation 20.4 16.8 Amortization 93.2 91.2 EBITDA (Non-GAAP) 308.8 273.7 Pretax acquisition, divestiture, and Separation related items (a) 1.9 — Pretax discrete restructuring charges 6.3 3.4 Pretax foreign currency transaction (gains) and losses related to Euro-denominated debt (3.3 ) — Adjusted EBITDA (Non-GAAP) $ 313.7 $ 277.1 Net Earnings Margin from Continuing Operations (GAAP) 12.8 % 11.3 % Adjusted EBITDA Margin (Non-GAAP) 29.3 % 27.9 % (a) Includes pretax transaction costs, integration costs, corresponding restructuring charges related to acquisitions, and certain Separation-related costs recorded in Net earnings from continuing operations. Segment Adjusted EBITDA, Segment Adjusted EBITDA Margin (unaudited) Three Months Ended April 3, 2026 Three Months Ended March 28, 2025 $ in millions Intelligent Operating Solutions Advanced Healthcare Solutions Intelligent Operating Solutions Advanced Healthcare Solutions Revenue (GAAP) $ 743.2 $ 326.2 $ 690.9 $ 302.2 Operating Profit (GAAP) $ 186.2 $ 32.7 $ 174.6 $ 21.7 Amortization of acquisition-related intangible assets 47.7 45.5 46.6 44.6 Acquisition, divestiture, and Separation related items (a) 0.5 — — — Discrete restructuring charges 6.0 0.3 3.4 — Adjusted Operating Profit (Non-GAAP) 240.4 78.5 224.6 66.3 Depreciation 14.7 5.3 11.6 4.9 Adjusted EBITDA (Non-GAAP) $ 255.1 $ 83.8 $ 236.2 $ 71.2 Operating Profit Margin (GAAP) 25.1 % 10.0 % 25.3 % 7.2 % Adjusted Operating Profit Margin (Non-GAAP) 32.3 % 24.1 % 32.5 % 21.9 % Adjusted EBITDA Margin (Non-GAAP) 34.3 % 25.7 % 34.2 % 23.6 % (a) Includes pretax transaction costs, integration costs, corresponding restructuring charges related to acquisitions, and certain Separation-related costs recorded in Operating profit. Adjusted Net Earnings and Adjusted Diluted Net Earnings Per Share from Continuing Operations (unaudited) Three Months Ended ($ in millions, except per share amounts) April 3, 2026 March 28, 2025 Per share values Per share values Net Earnings and Net Earnings Per Share from Continuing Operations (GAAP) $ 136.4 $ 0.44 $ 112.6 $ 0.33 Pretax amortization of acquisition related intangible assets 93.2 0.30 91.2 0.26 Pretax acquisition, divestiture, and Separation related items (a) 1.9 0.01 — — Pretax discrete restructuring charges 6.3 0.02 3.4 0.01 Pretax foreign currency transaction (gains) and losses related to Euro-denominated debt (3.3 ) (0.01 ) — — Tax effect of the adjustments reflected above (17.0 ) (0.06 ) (16.1 ) (0.05 ) Adjusted Net Earnings and Adjusted Net Earnings Per Share from Continuing Operations (Non-GAAP) $ 217.5 $ 0.70 $ 191.1 $ 0.55 Average Common Diluted Stock Outstanding (shares in millions) 312.8 344.6 (a) Includes pretax transaction costs, integration costs, corresponding restructuring charges related to acquisitions, and certain Separation-related costs recorded in Net earnings from continuing operations. Percentages presented elsewhere may not recalculate based on the amounts shown due to rounding. Free Cash Flow from Continuing Operations - Trailing Twelve Months (unaudited) Three Months Ended Trailing Twelve Months ($ in millions) April 3, 2026 December 31, 2025 September 26, 2025 June 27, 2025 Operating Cash Flows from Continuing Operations (GAAP) $ 220.4 $ 344.2 $ 294.7 $ 205.0 $ 1,064.3 Less: Purchases of property, plant & equipment (capital expenditures) (GAAP) (26.6 ) (30.4 ) (28.6 ) (25.0 ) (110.6 ) Free Cash Flow (Non-GAAP) $ 193.8 $ 313.8 $ 266.1 $ 180.0 $ 953.7 Three Months Ended Trailing Twelve Months ($ in millions) March 28, 2025 December 31, 2024 September 27, 2024 June 28, 2024 Operating Cash Flows from Continuing Operations (GAAP) $ 191.8 $ 327.7 $ 304.7 $ 217.5 $ 1,041.7 Less: Purchases of property, plant & equipment (capital expenditures) (GAAP) (21.1 ) (22.6 ) (21.6 ) (19.6 ) (84.9 ) Free Cash Flow (Non-GAAP) $ 170.7 $ 305.1 $ 283.1 $ 197.9 $ 956.8 |
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Fortive (FTV) Reports Q1 Earnings: What Key Metrics Have to Say | FMP Stock News | |
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Fortive (FTV - Free Report) reported $1.07 billion in revenue for the quarter ended March 2026, representing a year-over-year decline of 27.5%. EPS of $0.70 for the same period compares to $0.85 a year ago.The reported revenue represents a surprise of +3.46% over the Zacks Consensus Estimate of $1.03 billion. With the consensus EPS estimate being $0.64, the EPS surprise was +9.72%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance. Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance. Here is how Fortive performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Sales- Advanced Healthcare Solutions: $326.2 million compared to the $312.92 million average estimate based on four analysts. The reported number represents a change of +7.9% year over year.Sales- Intelligent Operating Solutions: $743.2 million versus $728.82 million estimated by four analysts on average. Compared to the year-ago quarter, this number represents a +10.7% change.Operating Profit- Intelligent Operating Solutions: $186.2 million compared to the $189.56 million average estimate based on three analysts.Operating Profit- Advanced Healthcare Solutions: $32.7 million versus $22.91 million estimated by three analysts on average.Adjusted Operating Profit (Non-GAAP)- Advanced Healthcare Solutions: $78.5 million versus the three-analyst average estimate of $71.41 million.Adjusted Operating Profit (Non-GAAP)- Intelligent Operating Solutions: $240.4 million versus $245.93 million estimated by three analysts on average.Operating Profit- Other: $-27.2 million versus $-28.57 million estimated by three analysts on average.View all Key Company Metrics for Fortive here>>> Shares of Fortive have returned +10.5% over the past month versus the Zacks S&P 500 composite's +12.2% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term. |
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Fortive Q1 Earnings & Sales Beat Estimates, Up Y/Y, Stock Rises | FMP Stock News | |
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Key Takeaways Fortive reported Q1 EPS of 70 cents, beating estimates and rising 25.4% year over year.FTV revenues rose 7.7% to $1.07B, driven by strength across both operating segments.FTV saw margin expansion and continued buybacks, with $1.8B repurchased since strategy launch. Fortive Corporation (FTV - Free Report) reported first-quarter 2026 adjusted earnings per share (EPS) of 70 cents from continuing operations, which surpassed the Zacks Consensus Estimate of 64 cents. The bottom line increased 25.4% year over year.Revenues increased 7.7% year over year to $1069.4 million. The top line beat the Zacks Consensus Estimate by 3.8%. Core revenues jumped 5.3%. After the announcement, Fortive’s shares jumped around 1.5% in the pre-market trading session today. The stock has gained 24.2% in the past year compared with the Zacks Electronics - Testing Equipment industry's growth of 35.1%. Image Source: Zacks Investment Research Management stated that the company’s strong performance reflects robust demand for its market-leading products, steady progress in executing the Fortive Accelerated strategy and a continued focus on financial discipline supported by the operational rigor of the Fortive Business System (FBS). It added that the company remained committed to disciplined capital allocation, completing approximately $500 million in additional share repurchases during the quarter, bringing total buybacks to around $1.8 billion over the three quarters since the launch of the new Fortive. Top Line in DetailFortive operates under the following two organized segments: Intelligent Operating Solutions: The segment generated revenues of $743.2 million (contributing 69.5% to total revenues), which increased 7.6% on a year-over-year basis. Advanced Healthcare Solutions: This segment registered revenues of $326.2 million (30.5%), up 7.9% year over year. Operating DetailsIn the reported quarter, adjusted gross profit increased 5.8% to $676.3 million on a year-over-year basis. Adjusted operating margin was 27.4%, which expanded 120 basis points (bps) on a year-over-year basis. Segment-wise, the adjusted operating margins of Intelligent Operating Solutions were 32.3%, contracting 20 bps year over year. Adjusted operating margins of Advanced Healthcare Solutions were 24.1%, up 220 bps. Balance Sheet & Cash FlowAs of April 3, 2026, cash and cash equivalents were $356.1 million compared with $375.5 million as of Dec. 31, 2025. FTV generated an operating cash flow of $220.4 million for the first quarter compared with $344.2 million in the previous quarter. Non-GAAP free cash flow was $193.8 million compared with $313.8 million in the prior quarter. Fortive’s OutlookFor full-year 2026, Fortive still expects adjusted earnings per share in the range of $2.90-$3.00. Management highlighted that it is currently trending toward the upper half of its guidance. Management expressed confidence in the early progress made across the three pillars of its Fortive Accelerated strategy, driving profitable organic growth through FBS Amplified, maintaining disciplined capital allocation with a focus on achieving the best relative returns, and reinforcing its commitment to building and sustaining investor trust. The company remains firmly on track to meet its medium-term financial framework, and the progress achieved so far strengthens its optimism about the meaningful shareholder value creation opportunity. Zacks Rank Currently, Fortive has a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here. Recent Performance of Other FirmsBadger Meter, Inc. (BMI - Free Report) reported EPS of 93 cents for first-quarter 2026, which missed the Zacks Consensus Estimate by 22.5%. The bottom line compared unfavorably with the year-ago quarter’s EPS of $1.30. Quarterly net sales were $202.3 million, down 9% from $222.2 million in the year-ago quarter due to delayed project deployments and weaker-than-expected short-cycle order activity. The Zacks Consensus Estimate was pegged at $230.1 million. SAP SE (SAP - Free Report) reported first-quarter 2026 non-IFRS EPS of €1.72 ($2.01), which increased 20% from the year-ago quarter. The Zacks Consensus Estimate was pegged at $1.92. Driven by momentum in the cloud business, SAP reported total revenues on a non-IFRS basis of €9.56 billion ($11.2 billion), which increased 6% year over year (up 12% at constant currency or cc). The Zacks Consensus Estimate was pegged at $11.3 billion. Sensata Technologies Holding plc (ST - Free Report) reported first-quarter 2026 adjusted EPS of 86 cents, up from 78 cents a year ago. The bottom line beat the Zacks Consensus Estimate by 2.4%. Revenues for the quarter reached $934.8 million, up 2.6% from a year ago. The figure came near to the upper end of management’s expectations ($917-$937 million) and beat the consensus estimate by 0.7%. Strength Aerospace, Defense and Commercial Equipment segments drove the top-line performance. |
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Fortive Corporation (FTV) Q1 2026 Earnings Call Transcript | FMP Stock News | |
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Fortive Corporation (FTV) Q1 2026 Earnings Call Transcript |
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Fortive Announces Replenishment of its General Share Repurchase Authorization | FMP Stock News | |
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EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors approved an increase in the number of shares of Fortive’s common stock authorized under its general share repurchase program (the “General Share Repurchase Program”), with the total number of shares remaining available for repurchase under the General Share Repurchase Program following such increase equal to 20 million shares, including shares that were available prior to such increase.The shares available for repurchase under the General Share Repurchase Program are in addition to approximately $66.7 million available under the $550 million special purpose share repurchase program previously adopted by Fortive’s Board of Directors under which Fortive may repurchase shares of Fortive common stock exclusively from the proceeds of the cash dividend and any other cash received by Fortive from Ralliant Corporation in connection with the separation of Ralliant completed on June 28, 2025. Under the share repurchase programs, Fortive may purchase its common stock on a discretionary basis from time to time on the open market or in privately negotiated transactions, including through the use of trading plans that satisfy the conditions of Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, in accordance with the requirements of the Securities and Exchange Commission. The timing and amount of common stock repurchases made under the share repurchase programs will be determined by Fortive’s management based on its evaluation of market conditions and other factors. The repurchase programs have no expiration date and do not obligate Fortive to acquire any particular amount of shares, and may be suspended or discontinued at any time. FORWARD-LOOKING STATEMENTS Statements in this release that are not strictly historical, including statements regarding the expected future timing of any dividend payments and the Company's expectations on paying dividends at any level in the future, Fortive’s plans with respect to share repurchases, ability to deliver shareholder value or return, and future financial performance and any other statements identified by their use of words like “anticipate,” “expect,” “believe,” “outlook,” “guidance,” or “will” or other words of similar meaning are “forward-looking statements” within the meaning of the federal securities laws. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the possibility that the share repurchase program may be suspended or discontinued, deterioration of or instability in the economy, the markets we serve, international trade policies and deteriorating trade relations with other countries, including imposition of tariffs and retaliatory tariffs between the United States and China and other countries, responsive economic nationalism, trade restrictions, and enhanced regulation, impact of any prolonged government shutdown, the financial markets, geopolitical conditions and conflicts including in the Middle East and in Ukraine, security breaches, data exfiltration, or other disruptions of our information technology systems, supply chain constraints, our ability to adjust purchases and manufacturing capacity to reflect market conditions, reliance on sole sources of supply, contractions or lower growth rates and cyclicality of markets we serve, competition, changes in industry standards and governmental regulations, our ability to manage leadership transitions and recruit and retain key employees, our ability to successfully identify, consummate, integrate and realize the anticipated value of appropriate acquisitions or otherwise effectively deploy our capital, our ability to develop and successfully market new products, software, and services and expand into new markets, the potential for improper conduct by our employees, agents or business partners, contingent liabilities relating to acquisitions and divestitures, impact of changes to tax laws, our compliance with applicable laws and regulations and changes in applicable laws and regulations, risks relating to international economic, geopolitical, including war and sanctions, legal, compliance and business factors, risks relating to potential impairment of goodwill and other intangible assets, currency exchange rates, tax audits and changes in our tax rate and income tax liabilities, the impact of our debt obligations on our operations, litigation and other contingent liabilities including intellectual property and environmental, health and safety matters, our ability to adequately protect our intellectual property rights, risks relating to product, service or software defects, product liability and recalls, risks relating to product manufacturing, our relationships with and the performance of our channel partners, commodity costs and surcharges, adverse effects of restructuring activities, our separation into two independent, publicly-traded companies, risk related to tax treatment of our prior separations, impact of our indemnification obligation to Ralliant and Vontier, impact of changes to U.S. GAAP, labor matters, and disruptions relating to man-made and natural disasters and climate change. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our Annual Report on Form 10-K for the year ended December 31, 2025 and Quarterly Reports on Form 10-Q for the subsequent quarters. These forward-looking statements speak only as of the date of this press release, and Fortive does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise. ABOUT FORTIVE Fortive innovates essential technologies to keep our world safe and productive. Fortive’s strategic segments - Intelligent Operating Solutions and Advanced Healthcare Solutions - include iconic inventor brands with leading positions in their markets. The company’s businesses design, develop, manufacture, and market products, software, and services, building on leading brand names, innovative technologies, and strong market positions. Fortive is headquartered in Everett, Washington and employs a team of more than 10,000 research and development, manufacturing, sales, distribution, service, and administrative team members in approximately 50 countries around the world. With a culture rooted in continuous improvement, the core of our company’s operating model is the Fortive Business System. For more information please visit: www.fortive.com. |
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Fortive To Present at 2026 Wolfe Research 19th Annual Global Transportation & Industrials Conference | FMP Stock News | |
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-EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that Olumide Soroye, President and Chief Executive Officer, and Mark Okerstrom, Chief Financial Officer, will be presenting at the 2026 Wolfe Research 19th Annual Global Transportation & Industrials Conference on Tuesday, May 19th, 2026, at 10:55 a.m. ET. The audio will be simultaneously webcast and archived on the "Investors" section of Fortive’s website, www.fortive.com. About Fortive Fortive innovates essential technologies to keep our world safe and productive. Fortive’s strategic segments - Intelligent Operating Solutions and Advanced Healthcare Solutions - include iconic inventor brands with leading positions in their markets. The company’s businesses design, develop, manufacture, and market products, software, and services, building on leading brand names, innovative technologies, and strong market positions. Fortive is headquartered in Everett, Washington and employs a team of more than 10,000 research and development, manufacturing, sales, distribution, service, and administrative team members in approximately 50 countries around the world. With a culture rooted in continuous improvement, the core of our company’s operating model is the Fortive Business System. For more information please visit: www.fortive.com. More News From Fortive Corporation Back to Newsroom |
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New Fluke FEV500 Redefines Testing for Fast DC Electric Vehicle Chargers, Eliminating Costly Downtime | FMP Stock News | |
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As one in five charging stations sits offline, Fluke’s new FEV500 acts as a “virtual EV,” combining safety, communication, and interoperability checks in one tool - bringing data-driven reliability to the world’s fastest-growing charging segment May 12, 2026 08:30 ET | Source: Fluke CorporationEverett, Washington, May 12, 2026 (GLOBE NEWSWIRE) -- Fluke Corporation today announced the launch of the Fluke FEV500, an all-in-one testing solution designed specifically for fast DC Level 3 EV charging stations. Unlike traditional AC chargers, these high-powered stations operate at extreme energy levels and rely on complex digital communication protocols, making safety, reliability, and uptime critical concerns for operators. The FEV500 acts like a virtual electric vehicle, enabling technicians in the field to quickly perform comprehensive safety and operability tests on-site without the cost, complexity, or uncertainty of using an actual EV, helping ensure charging stations remain safe and importantly fully operational. “With the FEV500, Fluke is redefining how fast DC EV charging stations are tested and maintained,” said Theo Brillhart, Technology Director, R&D at Fluke Corporation. “Fast DC charging is the backbone of the EV transition but the truth is, reliability is still the industry’s weakest link. We built the FEV500 to close that gap. It replaces uncertainty with insight and turns testing from a bottleneck into a competitive advantage. If the EV industry wants to scale, it starts with trust and trust starts with reliability. One in five charging stations in the U.S. is not operational*, indicating an urgent need to improve the nation’s charging network. For fleet operators, downtime can be costly, and for consumers, reliability is critical. The FEV500 makes testing more efficient by replacing the need for multiple tools – including a digital multimeter, insulation tester, and oscilloscope – while also providing technicians with guided instructions on critical testing criteria. Key features of the FEV500 include: One-Tool Testing: The tool combines performance, interoperability, and safety checks in a single device. The FEV500 is designed to meet ISO 15118 and DIN SPEC70121 international standards for digital communication between electric vehicles and electric vehicle supply equipment. EV Simulation: The FEV500 tests the charging infrastructure without requiring an external power source. It can also simulate real-world charging and communication scenarios to validate interoperability and performance. Best Practice Standardization: The tool provides actionable data for regulatory compliance, maintenance planning, and performance forecasting. It delivers fast PASS/FAIL results with guided workflows, so technicians have access to best practices for commissioning, maintaining, and troubleshooting a fast DC station without the need for advanced training.User-Friendly Interface: Technicians can avoid the need for manual input, as the tool has an intuitive auto-test feature, and test data is input directly to the device. The FEV500 is also portable and provides clear guidance on what to test, even for complex fast DC stations. Time-Saving: Fleet operators and technicians can troubleshoot without needing to open the charging station, avoiding costly downtime. All tests can be conducted through a single connection point, with no disassembly required. Built for field service technicians who are constantly on the move, the FEV500 features a rugged wheeled chassis for easy transport between depots and sites, along with a removable battery that makes it convenient for air travel. Backed by Fluke’s trusted accuracy, the FEV500’s dependable insights give commercial and fleet teams the confidence to keep EV stations running and able to power an always-on, energy-driven world. For more information and to purchase the FEV500, please visit Fluke FEV500 Fast DC EV Charging Station Analyzer . About Fluke As the world leader in test and measurement equipment, software, and service, Fluke is committed to advancing sustainability at a global level. Growth in renewable energy industries requires precision measurement, quality control, and reporting capabilities for installation, maintenance, and service. Every day, Fluke customers stake their reputations on Fluke tools—it’s why they depend on Fluke’s reliability, accuracy, and commitment to help them extend their skills and professionalism. # # # * Harvard Business School: The state of EV charging in America FLUKE is a registered trademark of Fluke Corporation. For more information, visit the Fluke website. New Fluke FEV500 Redefines Testing for Fast DC Electric Vehicle Chargers, Eliminating Costly Downtime New Fluke FEV500 Redefines Testing for Fast DC Electric Vehicle Chargers, Eliminating Costly Downtime New Fluke FEV500 Redefines Testing for Fast DC Electric Vehicle Chargers, Eliminating Costly Downtim... Fluke’s new FEV500 acts as a “virtual EV,” combining safety, communication, and interoperability che... New Fluke FEV500 Redefines Testing for Fast DC Electric Vehicle Chargers, Eliminating Costly Downtim... Fluke’s new FEV500 acts as a “virtual EV,” combining safety, communication, and interoperability che... Contact Data Dave Smith Fluke Corporation [email protected] |
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Fortive Announces Pricing of Offering of Senior Notes | FMP Stock News | |
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-EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that it has priced its registered offering (the “offering”) of $600 million aggregate principal amount of its 4.750% Notes due 2031 (the “2031 notes”) and $500 million aggregate principal amount of its 5.250% Notes due 2036 (the “2036 notes” and, together with the 2031 notes, the “notes”). The 2031 notes will bear interest at 4.750% per annum and mature on May 15, 2031, and the 2036 notes will bear interest at 5.250% per annum and mature on May 15, 2036. Interest on the notes will be paid semi-annually in arrears on May 15 and November 15 of each year, beginning on November 15, 2026. Fortive intends to use the net proceeds from the offering to refinance certain indebtedness, including the repayment at maturity of its 3.150% Senior Notes due June 15, 2026 (plus accrued and unpaid interest thereon), to pay related fees and expenses, and for general corporate purposes. The sale of the notes is expected to close on or about May 14, 2026, subject to customary closing conditions. Morgan Stanley & Co. LLC, Barclays Capital Inc., J.P. Morgan Securities LLC and Scotia Capital (USA) Inc. are acting as joint book-running managers for the offering of the notes. This offering is being made only by means of a prospectus supplement and the accompanying prospectus related to the offering of the notes (collectively, the “prospectus”). The notes will be issued pursuant to an effective shelf registration statement on Form S-3ASR previously filed by Fortive with the U.S. Securities and Exchange Commission (the “SEC”). Before you invest, you should read the prospectus and other documents Fortive has filed with the SEC for more complete information about Fortive and this offering. The preliminary prospectus supplement and an issuer free writing prospectus have been, and the final prospectus supplement will be, filed with the SEC and are and will be available on the SEC’s website at www.sec.gov. Alternatively, copies of the prospectus, preliminary prospectus supplement and, when available, the final prospectus supplement related to this offering may be obtained by contacting Morgan Stanley & Co. LLC at +1-866-718-1649; Barclays Capital Inc. at +1-888-603-5847; J.P. Morgan Securities LLC at +1-212-834-4533; and Scotia Capital (USA) Inc. at +1-800-372-3930. This press release is for informational purposes only and shall not constitute an offer to sell or a solicitation of an offer to buy the notes or any security and shall not constitute an offer, solicitation or sale in any jurisdiction in which such offering, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. ABOUT FORTIVE Fortive innovates essential technologies to keep our world safe and productive. Fortive’s strategic segments - Intelligent Operating Solutions and Advanced Healthcare Solutions - include iconic inventor brands with leading positions in their markets. The company’s businesses design, develop, manufacture, and market products, software, and services, building on leading brand names, innovative technologies, and strong market positions. Fortive is headquartered in Everett, Washington and employs a team of more than 10,000 research and development, manufacturing, sales, distribution, service, and administrative team members in approximately 50 countries around the world. With a culture rooted in continuous improvement, the core of our company’s operating model is the Fortive Business System. FORWARD-LOOKING STATEMENTS The release contains information about future expectations, plans and prospects of Fortive’s management that constitute forward-looking statements within the meaning of the U.S. federal securities laws, including statements with respect to Fortive’s expectations to complete the proposed offering and its intended use of proceeds therefrom. There can be no assurance that Fortive will be able to complete the proposed offering on the anticipated terms, or at all. Actual results may differ materially from those indicated by these forward-looking statements as a result of various important factors including, but not limited to, the terms of the offering, risks and uncertainties related to whether or not Fortive will consummate the offering, the impact of general economic, industry, market or political conditions and other factors that are discussed in Fortive’s SEC filings, including its Annual Report on Form 10-K for the year ended December 31, 2025 and its quarterly reports on Form 10-Q and other documents periodically filed with the SEC, all of which are available on the SEC’s website at www.sec.gov. These forward-looking statements speak only as of the date of this release, and Fortive does not undertake any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise. More News From Fortive Corporation Back to Newsroom |
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Fortive Corporation (FTV) Presents at Wolfe Research 19th Annual Global Transportation & Industrials Conference Transcript | FMP Stock News | |
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Fortive Corporation (FTV) Presents at Wolfe Research 19th Annual Global Transportation & Industrials Conference Transcript |
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2026-06-12 17:47
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Result of AGM | FMP Stock News | |
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June 05, 2026 07:30 ET | Source: Foresight VCT PLCFORESIGHT VCT PLC LEI: 213800GNTY699WHACF46 RESULT OF AGM 5 JUNE 2026 The Board of Foresight VCT plc is pleased to announce that all resolutions proposed at the Annual General Meeting of the Company held on 4 June 2026, were approved on a Poll. Resolutions 1 to 10 were proposed as ordinary resolutions and resolutions 11 and 12 were proposed as special resolutions. Proxy votes were received in respect of 18,158,921 Ordinary Shares, representing 5.18% of the issued share capital as at 4 June 2026. The Results of the Poll were as follows: ResolutionVotes For%Votes Against%Votes Withheld*118,103,47299.7937,8750.2117,574.0217,830,71498.77221,2191.23106,988.0317,733,73798.52265,8061.48159,378.0417,850,48098.83210,8741.1797,567.0517,998,39199.8134,3020.19126,228.0617,975,07199.6857,6220.32126,228.0717,816,69898.80216,3671.20125,856.0817,720,54198.71231,8091.29206,571.0918,130,98799.8527,9340.15-1018,007,21399.24137,9090.7613,799.01116,883,57797.28471,5402.72803,804.01217,377,82998.66235,5111.34545,581.0 * A vote withheld is not a vote in law and is not counted in the calculation of the votes for or against a resolution. A copy of the resolutions passed at the AGM, other than ordinary business, will be submitted to the National Storage Mechanism in accordance with UK Listing Rules 6.4.2. For further information, please contact: Company Secretary: Foresight Group LLP Contact: Stephen Thayer Tel: 0203 667 8100 Investor Relations: Foresight Group LLP Contact: Andrew James Tel: 0203 6678110 |
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2026-06-12 17:46
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Published
2026-06-09 16:00
1mo ago
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Fortive Declares Regular Quarterly Dividend | FMP Stock News | |
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Original source text
-EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.06 per share of its common stock, par value $0.01 per share, payable on July 6, 2026 to common stockholders of record on June 22, 2026. Although Fortive expects to pay dividends on a quarterly basis, any subsequent declaration of dividends, including the amount, the record dates and the payment dates for any such future dividend payments, is subject to the discretion of the Board of Directors. ABOUT FORTIVE Fortive innovates essential technologies to keep our world safe and productive. Fortive’s strategic segments - Intelligent Operating Solutions and Advanced Healthcare Solutions - include iconic inventor brands with leading positions in their markets. The company’s businesses design, develop, manufacture, and market products, software, and services, building on leading brand names, innovative technologies, and strong market positions. Fortive is headquartered in Everett, Washington, and employs a team of more than 10,000 research and development, manufacturing, sales, distribution, service, and administrative team members in approximately 50 countries around the world. For more information please visit: www.fortive.com. FORWARD-LOOKING STATEMENTS Statements in this release that are not strictly historical, including the statements regarding the expected future timing of any dividend payments and the Company's expectations on paying dividends at any level in the future, and any other statements identified by their use of words like “expect,” or other words of similar meaning are “forward-looking” statements within the meaning of the federal securities laws. There are a number of important factors that could cause dividend payments and dividend schedule to differ materially from those suggested or indicated by such forward-looking statements and you should not place undue reliance on any such forward-looking statements. These factors include, among other things: deterioration of or instability in the economy, the markets we serve, international trade policies and deteriorating trade relations with other countries, including imposition of tariffs and retaliatory tariffs between the United States and China and other countries, responsive economic nationalism, trade restrictions, and enhanced regulation, impact of any prolonged government shutdown, the financial markets, geopolitical conditions and conflicts including in the Middle East and in Ukraine, security breaches, data exfiltration, or other disruptions of our information technology systems, supply chain constraints, our ability to adjust purchases and manufacturing capacity to reflect market conditions, reliance on sole sources of supply, contractions or lower growth rates and cyclicality of markets we serve, competition, changes in industry standards and governmental regulations, our ability to manage leadership transitions and recruit and retain key employees, our ability to successfully identify, consummate, integrate and realize the anticipated value of appropriate acquisitions or otherwise effectively deploy our capital, our ability to develop and successfully market new products, software, and services and expand into new markets, the potential for improper conduct by our employees, agents or business partners, contingent liabilities relating to acquisitions and divestitures, impact of changes to tax laws, our compliance with applicable laws and regulations and changes in applicable laws and regulations, risks relating to international economic, geopolitical, including war and sanctions, legal, compliance and business factors, risks relating to potential impairment of goodwill and other intangible assets, currency exchange rates, tax audits and changes in our tax rate and income tax liabilities, the impact of our debt obligations on our operations, litigation and other contingent liabilities including intellectual property and environmental, health and safety matters, our ability to adequately protect our intellectual property rights, risks relating to product, service or software defects, product liability and recalls, risks relating to product manufacturing, our relationships with and the performance of our channel partners, commodity costs and surcharges, adverse effects of restructuring activities, our separation into two independent, publicly-traded companies, risk related to tax treatment of our prior separations, impact of our indemnification obligation to Ralliant and Vontier, impact of changes to U.S. GAAP, labor matters, and disruptions relating to man-made and natural disasters and climate change. Additional information regarding the factors that may cause actual results to differ materially from these forward-looking statements is available in our SEC filings, including our Annual Report on Form 10-K for the year ended December 31, 2025 and Quarterly Reports on Form 10-Q for the subsequent quarters. These forward-looking statements speak only as of the date of this release, and Fortive does not assume any obligation to update or revise any forward-looking statement, whether as a result of new information, future events and developments or otherwise. More News From Fortive Corporation Back to Newsroom |
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