New AI-powered capability helps organizations move faster, strengthen financial and operational controls and reduce costly oversights by embedding lease abstraction directly into the Lucernex system of record
AUSTIN, Texas--(BUSINESS WIRE)--Accruent, a leading provider of intelligent technology solutions to unify the built environment and an operating company of Fortive (NYSE: FTV), today announced the launch of Lucernex ATLAS, a new AI-powered capability within Accruent Lucernex.
As organizations manage increasingly complex lease portfolios, critical financial obligations, renewal options and operational responsibilities can remain buried across lengthy or disconnected lease documents, amendments and supporting agreements.
In partnership with Rocket Club AI, Lucernex ATLAS transforms complex lease documents into verified, workflow-ready data inside the platform organizations already use to manage their leases. Rather than requiring teams to manually extract information into separate files, Lucernex ATLAS enables teams to review AI-generated abstraction results, trace extracted information back to the relevant source clause, approve the data and write it directly into the Lucernex lease record.
Because this workflow is embedded directly within Lucernex, organizations can avoid the additional export, mapping, import and re-entry steps commonly required when abstraction occurs in a disconnected tool. The governed process also records who abstracted the lease, who verified the information and what changed, strengthening traceability and audit readiness.
By bringing verified lease data directly into the system of record, Lucernex ATLAS helps organizations improve the workflows and decisions that depend on it, including rent administration, lease accounting, critical-date management, reporting, renewals and portfolio planning. It also helps organizations reduce operational and financial risk by surfacing critical lease terms sooner, so teams can act before errors or omissions lead to unnecessary costs, missed rights or disruption.
“The value of AI lease abstraction isn’t simply speed. It’s turning complex lease documents into trusted, actionable data that organizations can use to make better financial and operational decisions,” said Dhinaker Dhandi, General Manager, Property Solutions at Accruent. “With Lucernex ATLAS, we’re removing repetitive manual work and bringing critical information into the workflows where decisions happen, helping teams identify what matters sooner, act with greater confidence and apply human judgment where it matters most.”
From Document Extraction to Operational Value
Manual lease abstraction requires skilled teams to read leases, amendments, exhibits and side letters, identify relevant terms and enter that information into a lease administration system. This process can create backlogs, slow implementations and migrations and delay the availability of data needed for accounting, compliance, reporting and portfolio decisions.
Lucernex ATLAS streamlines that process through an integrated extract, verify and act workflow.
Extract critical lease information: AI reviews lease packages, including amendments, exhibits and side letters, to identify key terms, dates, options, responsibilities, financial commitments and other structured lease data.Verify results with human oversight: Source-clause traceability and clear verification statuses help reviewers validate extracted data before the information is approved and activated in Lucernex.Put approved lease information to work: Verified data is written directly into the Lucernex lease record to support payment schedules, lease accounting, reporting, alerts, renewals and other operational workflows.Designed to Improve Decisions, Control and Productivity
Lucernex ATLAS helps lease and finance teams:
Reduce repetitive lease reading and manual data entry.Work through abstraction backlogs more efficiently.Accelerate new lease onboarding, migrations and portfolio updates.Improve confidence in the data supporting rent, accounting and reporting.Surface important dates, rights, obligations and financial responsibilities sooner.Maintain human review and approval over financially material information.Focus more time on exceptions, controls, analysis and strategic work.The capability supports both new and existing lease records, including re-abstraction and amendment-driven updates. Organizations can use Lucernex ATLAS for project-based needs, such as acquisitions, data cleanup and large portfolio imports or as part of an ongoing process for new leases, amendments and continuous lease-data maintenance.
Advancing the Lucernex AI Modernization Journey
Lucernex ATLAS is part of Accruent’s broader effort to introduce practical, governed AI into the workflows that support the lease lifecycle. Together with Lucernex AI Rent Invoicing, Accruent Data Connect and Crue, Accruent’s AI Assistant, these capabilities help organizations capture cleaner lease data, apply it across core financial and operational processes and make it more accessible for reporting and analytics.
“Lucernex ATLAS is an important step in our broader AI modernization journey,” said Dhandi. “We see AI fundamentally changing how organizations interact with their real estate data, moving beyond simply managing information to making it more intelligent, connected and actionable. Our vision for Lucernex is to embed intelligence throughout the lease and real estate lifecycle, helping customers unlock greater value from their data while combining the power of AI with the expertise and oversight of their teams.”
To learn more about Accruent Lucernex and Lucernex ATLAS, visit: https://www.accruent.com/products/lucernex.
ABOUT ACCRUENT
Accruent is a leading provider of intelligent technology solutions that unify the built environment to connect real estate, facilities, assets and the integrated systems that power them. Accruent’s cloud-based software helps organizations simplify complexity, gain clarity and operate more productively by leveraging AI to transform data into confident decisions that improve how workplaces, workforces and assets perform. Headquartered in Austin, Texas, Accruent serves more than 5,000 customers in over 100 countries.
Everett, Washington, Oct. 27, 2026 (GLOBE NEWSWIRE) -- For nearly 80 years, Fluke has helped shape the safety and reliability standards that guide the global test and measurement industry, while setting even more demanding requirements for its own products. This approach reflects a deeply embedded engineering culture built on a simple belief: earning customer trust means going beyond what is required.
Fluke put that commitment to the ultimate test, sending its 87V MAX digital multimeter 20 miles (32,000 metres) above Earth, where it encountered temperatures near -76°F (-60°C) and atmospheric pressure of just 0.87 kPa, less than 1% of that at sea level. After returning from conditions far beyond its specified operating environment, the instrument was taken to Fluke's calibration facility in Norwich, United Kingdom, for a comprehensive assessment of its performance and condition.
From voltage, current and resistance measurements to instrument repeatability, the 87V MAX passed every performance verification test, followed by a detailed internal inspection for potential damage or degradation.
Parker Burke, President of Fluke Corporation, said: "Every manufacturer claims their tools are tough. What matters is the engineering behind that claim. For generations, Fluke engineers have taken pride in exceeding expectations, often in ways customers never see. The near-space challenge brings that commitment into the spotlight, demonstrating the lengths we go to in testing the tools our customers depend on. We've always believed in giving customers a little more than they paid for, not just in performance, but in the confidence that comes with it. That's how trust is earned. And how we will continue to earn it."
For the professionals who rely on Fluke tools, safety is more than a Standard. It can mean the difference between life and death. Jeff Gust, Chief Metrologist at Fluke Corporation, said: "One customer described Fluke as their 'insurance policy'. That responsibility drives Fluke to go beyond industry standards, subjecting its products to more demanding tests because the ultimate measure of trust is the confidence customers have to do their jobs safely and return home at the end of each day.”
That responsibility is reflected in the standards Fluke sets for itself. Its engineers help develop international safety requirements, including IEC 61010, but don't consider meeting them the finish line. Where an applicable standard requires an 8,000-volt electrical impulse test, Fluke tests CAT-rated equipment to 12,000 volts. And as professionals increasingly work at higher elevations, Fluke has raised its internal altitude requirements from 6,500 feet to 10,000 feet (2,000 to 3,000 metres).
Behind each decision is the same conviction: customers should be able to rely on their instruments wherever their work takes them, and Fluke's engineering must continue to meet those evolving demands.
Gust concluded, “In addition to being safe, Fluke builds products that customers can rely on to perform from the heights of near space to the harshest environments on earth. Whether they're working on an offshore platform, at extreme heights or in remote locations, equipment failure is not an option. It's a responsibility we take enormous pride in. Before a product carries the Fluke name, we go beyond the required tests to understand its limits and give customers greater confidence in its performance. The near-space challenge makes that commitment visible, but it's something our engineers put into practice every day."
The Ultimate Test, By the Numbers
20 miles (32,000 metres) : More than three and a half times the height of Mount Everest.−60°C (−76°F): Temperatures comparable to an average winter day at the South Pole.0.87 kPa: Atmospheric pressure less than 1% of that at sea level, approaching conditions found on the surface of Mars.49 minutes: A controlled descent back towards Earth, reaching speeds above 110 km/h (70 mph).100% pass rate: Every post-flight performance verification test passed, including voltage, current, resistance and instrument repeatability checks. To watch the 87V MAX's ascent to20 miles (32,000 metres) and return to Earth, and to learn more about Fluke's commitment to reliability, safety and product quality, please visit Fluke | The Ultimate Test: 87V MAX in Near Space.
About Fluke
Founded in 1948, Fluke Corporation is the world leader in compact, professional electronic test tools and software for measurement and condition monitoring. Fluke customers include technicians, engineers, electricians, maintenance managers and metrologists who install, troubleshoot and maintain industrial, electrical and electronic equipment and calibration processes.
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FLUKE is a registered trademark of Fluke Corporation. For more information, visit www.fluke.com.
Q: Why did Fluke send a multimeter 20 miles (32,000 metres) above Earth?
A: The challenge was designed to demonstrate the culture of reliability that exists throughout Fluke. For decades, Fluke has tested products beyond requirements, engineered for demanding environments and focused on earning customer trust through proven performance. The space flight made that commitment visible in a dramatic and memorable way.
Q: What does this challenge say about Fluke as a company?
A: Reliability is part of Fluke's identity. Long before a product reaches a customer, it undergoes extensive testing and validation designed to build confidence in its long-term performance. The challenge reflects a broader company culture that focuses on exceeding expectations rather than simply meeting minimum requirements.
Q: How does this relate to Fluke customers' everyday work?
A: Most customers will never work near the edge of Earth's atmosphere, but many work in environments where dependable tools are essential. Whether on an offshore platform, in a manufacturing plant, on utility infrastructure or at a remote jobsite, professionals rely on tools that perform when failure is not an option. The challenge demonstrates the durability and reliability those customers expect from Fluke products.
Fluke Takes Decades of Engineering Excellence to New Heights in Near-Space Challenge Fluke Takes Decades of Engineering Excellence to New Heights in Near-Space Challenge
Fluke Takes Decades of Engineering Excellence to New Heights in Near-Space Challenge Near-space challenge demonstrates how Fluke's engineering expertise, leadership in safety standards Fluke Takes Decades of Engineering Excellence to New Heights in Near-Space Challenge Near-space challenge demonstrates how Fluke's engineering expertise, leadership in safety standards
Key Takeaways Fortive is set to report Q3 earnings on Oct. 28, with revenues expected to rise 3% and EPS to grow 2.94%.Strong demand for Fluke's data center solutions and recurring services may boost Q3 results.FTV faces pressures from unfavorable product mix, higher growth investments and cautious hospital spending.
Fortive Corporation (FTV - Free Report) is scheduled to report third-quarter 2026 results on Oct. 28.
The Zacks Consensus Estimate for revenues is pegged at $1.06 billion, which implies an increase of 3% from the year-ago reported number. The consensus mark for earnings is pegged at 70 cents per share, indicating year-over-year growth of 2.94%.
FTV’s earnings outpaced the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 9.82%.
Fortive’s shares have gained 22.3% compared with the Electronics - Testing Equipment industry’s growth of 21.8% in the past year.
Image Source: Zacks Investment Research
Factors to Note Ahead of FTV’s Q3 ResultsFortive is expected to have benefited from sustained momentum across its industrial technologies, software and healthcare businesses, supported by healthy demand for data center solutions, AI-enabled offerings and recurring services. The company continues to execute its Fortive Accelerated strategy, focusing on faster profitable organic growth through innovation, commercial investments and recurring customer value, alongside disciplined capital allocation.
The company is witnessing healthy demand across its Intelligent Operating Solutions (IOS) and Advanced Healthcare Solutions (AHS) segments. Within IOS, Fluke continues to benefit from robust demand for professional instrumentation, particularly in data centers and defense. Strong adoption of CertiFiber Max, which supports high-density fiber testing, is driving demand for Fluke's broader portfolio of network testing, power quality and battery testing solutions. Fluke's orders outpaced revenues in the second quarter, with a book-to-bill ratio above one, indicating healthy demand momentum.
The Facilities and Asset Lifecycle Solutions business is benefiting from strong demand for multisite facility maintenance and marketplace software, particularly at ServiceChannel. Improving performance at Accruent, solid contributions from Gordian and growing adoption of AI-enabled software offerings are likely to have supported third-quarter revenues. Strength in recurring services, including Fluke's calibration, maintenance and software offerings, remains another positive.
Within AHS, Fortive is benefiting from sustained demand for healthcare consumables, services and software solutions. ASP's consumables and services business recorded growth across all major regions in the second quarter, particularly the Asia-Pacific and Latin America. The low-temperature sterilization capital business also returned to growth amid gradually improving hospital spending conditions.
Moreover, FDA clearance for STERRAD's expanded 50-pound load capacity has strengthened ASP's position in robotic-assisted surgery applications. The acquisition of a majority stake in UV Smart further expands its disinfection portfolio. Strong demand for Provation's gastrointestinal documentation and SaaS offerings is another positive. These factors are expected to have supported the segment's third-quarter performance.
The Zacks Consensus Estimate for sales of the IOS and AHS segments is pegged at $733 million and $338 million, respectively, for the third quarter.
Fortive's operational discipline, structural cost savings and Fortive Business System-led productivity initiatives continue to support profitability. The company delivered 12% adjusted EBITDA growth and 110 basis points of adjusted EBITDA margin expansion in the second quarter. Continued cost optimization, operating leverage and disciplined capital allocation, including share repurchases, are likely to have supported third-quarter earnings.
However, Fortive expects third-quarter adjusted EBITDA margin to decline slightly sequentially due to seasonally lower revenues, strategic growth investments and tougher year-over-year operating expense comparisons. Unfavorable product mix across both segments is also expected to have pressured gross margins. Macroeconomic uncertainty in Europe, supply-chain challenges involving memory chips and rare-earth materials, and cautious hospital capital spending remain concerns. Management expects third-quarter adjusted earnings per share to increase marginally year over year, with earnings growth weighted toward the fourth quarter.
What Does Our Model Unveil for FTV?Our proven model does not predict 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 not the case here.
Fortive has an Earnings ESP of +0.58% and a Zacks Rank #4 (Sell) at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
Stocks to ConsiderHere are a few stocks that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season.
Seagate Technology Holdings plc (STX - Free Report) has an Earnings ESP of +2.07% and a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
STX is scheduled to report quarterly figures on Oct. 27, 2026. The Zacks Consensus Estimate for Seagate Technology’s to-be-reported quarter’s earnings and revenues is pinned at $7.44 per share and $4.11 billion, respectively. Its shares are up 175.4% in the past year.
Intel (INTC - Free Report) currently has an Earnings ESP of +2.22% and a Zacks Rank #2. INTC is scheduled to report quarterly earnings on Oct. 29, 2026. The Zacks Consensus Estimate for Intel’s to-be-reported quarter’s earnings and revenues stands at 39 cents per share and $16.44 billion, respectively. Its shares have gained 119.9% in the past year.
Vertiv (VRT - Free Report) has an Earnings ESP of +0.74% and a Zacks Rank #2 at present. The company is scheduled to report quarterly figures on Oct. 28, 2026. The Zacks Consensus Estimate for Vertiv’s to-be-reported quarter’s earnings and revenues is pinned at $1.82 per share and $3.76 billion, respectively. Its shares are up 0.8% in the past year.
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 Baird 2026 Global Industrial Conference on Tuesday, November 10th, 2026, at 10:50 a.m. CT (8:50 a.m. PT). The audio will be simultaneously webcast and achived on the "Investors" section of Fortive's website, www.fortive.com. About Fortive Fortive innovates essential technolo.
AUSTIN, Texas--(BUSINESS WIRE)--As colleges and universities face mounting pressure to balance aging infrastructure, limited budgets and evolving safety expectations, new research from Accruent, the leading provider of intelligent technology solutions for the built environment and an operating company of Fortive (NYSE: FTV), finds that the condition and operation of campus facilities may have implications far beyond maintenance.According to Accruent's new Campus Safety Confidence Gap survey, 58%.
Perpetual Ltd decreased its holdings in Fortive Corporation (NYSE:FTV – Free Report) by 6.3% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 709,436 shares of the technology company’s stock after selling 47,411 shares during the period. Perpetual Ltd owned about 0.23% of Fortive worth $38,884,000 as of its most recent filing with the Securities & Exchange Commission.
Other institutional investors also recently added to or reduced their stakes in the company. Dakota Community Bank & Trust NA boosted its position in Fortive by 42.9% in the 3rd quarter. Dakota Community Bank & Trust NA now owns 1,002 shares of the technology company’s stock valued at $55,000 after buying an additional 301 shares during the period. GAMMA Investing LLC grew its stake in Fortive by 20.2% in the 3rd quarter. GAMMA Investing LLC now owns 4,728 shares of the technology company’s stock worth $259,000 after acquiring an additional 793 shares in the last quarter. North Point Portfolio Managers Corp OH purchased a new position in shares of Fortive during the third quarter worth approximately $44,000. QRG Capital Management Inc. increased its position in shares of Fortive by 13.8% during the second quarter. QRG Capital Management Inc. now owns 17,973 shares of the technology company’s stock worth $1,098,000 after acquiring an additional 2,175 shares during the period. Finally, Security National Bank of Sioux City Iowa IA increased its position in shares of Fortive by 28.0% during the second quarter. Security National Bank of Sioux City Iowa IA now owns 13,954 shares of the technology company’s stock worth $852,000 after acquiring an additional 3,052 shares during the period. Hedge funds and other institutional investors own 94.94% of the company’s stock.
Insider Activity In related news, SVP Peter C. Underwood sold 8,662 shares of Fortive stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $61.59, for a total transaction of $533,492.58. Following the transaction, the senior vice president directly owned 79,118 shares of the company’s stock, valued at $4,872,877.62. This trade represents a 9.87% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Corporate insiders own 0.65% of the company’s stock.
Analysts Set New Price Targets A number of analysts recently issued reports on the company. Argus reiterated a “buy” rating and issued a $68.00 price target on shares of Fortive in a report on Wednesday, August 19th. Evercore began coverage on Fortive in a research note on Monday, September 28th. They issued a “hold” rating and a $60.00 price objective on the stock. Truist Financial reduced their price objective on Fortive from $68.00 to $63.00 and set a “hold” rating on the stock in a report on Monday, October 5th. JPMorgan Chase & Co. decreased their target price on Fortive from $64.00 to $56.00 and set an “underweight” rating for the company in a research report on Friday. Finally, Weiss Ratings lowered Fortive from a “hold (c)” rating to a “hold (c-)” rating in a research report on Thursday, August 27th. Two analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $61.64. Read Our Latest Stock Analysis on Fortive
Fortive Stock Up 0.0% NYSE:FTV opened at $57.27 on Tuesday. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.24 and a quick ratio of 1.00. Fortive Corporation has a 1-year low of $47.95 and a 1-year high of $64.56. The company has a 50-day moving average of $57.88 and a 200 day moving average of $59.30. The firm has a market cap of $17.30 billion, a PE ratio of 33.89, a price-to-earnings-growth ratio of 2.37 and a beta of 1.07.
Fortive (NYSE:FTV – Get Free Report) last posted its earnings results on Wednesday, July 29th. The technology company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.03. Fortive had a net margin of 12.38% and a return on equity of 15.33%. The business had revenue of $1.10 billion for the quarter, compared to the consensus estimate of $1.07 billion. During the same quarter last year, the firm posted $0.90 EPS. The company’s revenue for the quarter was up 8.0% on a year-over-year basis. Fortive has set its FY 2026 guidance at 2.950-3.050 EPS. As a group, research analysts anticipate that Fortive Corporation will post 3.02 EPS for the current fiscal year.
Fortive Increases Dividend The firm also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 4th were paid a dividend of $0.07 per share. This is a boost from Fortive’s previous quarterly dividend of $0.06. This represents a $0.28 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Friday, September 4th. Fortive’s payout ratio is 16.57%.
Fortive Company Profile (Free Report)
Fortive Corporation (NYSE:FTV) is a diversified industrial technology company that develops and provides connected products, software, and services for customers in healthcare, manufacturing, infrastructure, and other regulated or asset-intensive industries. Its offerings are designed to improve productivity, operating efficiency, safety, compliance, and the reliability of critical equipment and processes.
The company’s businesses have included electronic test and measurement instruments, calibration and asset-management solutions, workplace and public-safety products, industrial software, and healthcare technologies.
Read More Five stocks we like better than Fortive Salesforce Just Got a Rare Double Upgrade—What Changed? OpenAI’s Revenue Scare Could Be a Big Opportunity for Investors China Still Dominates Rare Earths—These 3 U.S. Companies Could Benefit 3 REITs That May Win in a Higher Interest Rate Environment 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).
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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 third quarter 2026 on Wednesday, October 28, 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 21.
Everett, Washington, Sept. 28, 2026 (GLOBE NEWSWIRE) -- The challenge to find skilled electricians is increasing as electrification, infrastructure upgrades and new technologies drive demand. Highlighting this issue, the U.S. Bureau of Labor Statistics projects more than 72,000 electrician openings each year through 2035*, highlighting the need to prepare the next generation for the trade. For students, apprentices and early-career electricians entering the trade, having the right tools to build hands-on skills and confidence is becoming increasingly important.
Fluke is addressing that need by today announcing five new electrical testing bundles designed specifically for the next generation of electricians. The bundles bring together trusted Fluke instruments for the real-world tasks electricians encounter as they build their skills and advance in their careers. These range from basic safety checks and outlet testing to troubleshooting circuits, measuring loads and diagnosing more complex electrical systems.
Instead of making new electricians piece together the tools they need, the Fluke electrical testing bundles provide a practical starting point based on where they are in their careers. Each bundle is designed to help them make accurate measurements with confidence from the start, while building a tool set they can continue to rely on as their careers progress.
“The future of the electrical trade will be shaped by the people entering it today,” said Vineet Thuvara, Chief Product Officer at Fluke. “As the industry evolves, electricians are being asked to work with more sophisticated systems and technologies than ever before. We have an opportunity to give the next generation more than a set of tools. By providing students with a connected ecosystem and seamless workflows across the instruments they use, we can give them the confidence to approach the job, solve problems and keep learning as the technology around them evolves. By putting the right instruments and connected solutions in their hands from the start, we can help build the skills and mindset that will carry the trade forward for years to come.”
Built around how electricians learn and work
The five bundles are designed to reflect the progression from foundational skills to more advanced troubleshooting:
Student Essential Kit — Combines the Fluke 1AC II Non-Contact Voltage Tester and ST120+ GFCI Socket Tester with Beeper for fundamental safety checks and outlet verification.Student Troubleshooting Kit — Features the Fluke 302+ Clamp Meter, 1AC II Non-Contact Voltage Tester, ST120+ GFCI Socket Tester, and TL75 Test Lead Set, providing students and early-career technicians with essential tools for voltage detection, outlet checks, current measurements, and basic electrical troubleshooting. Apprentice Diagnostic Kit — Expands beyond the basic safety checks provided by the 1AC II Non-Contact Voltage Tester and ST120+ GFCI Socket Tester, adding the Fluke 106 Digital Multimeter for AC/DC voltage measurements, continuity, resistance, and more advanced troubleshooting.Apprentice Dual-Meter Kit — Combines the 302+ Clamp Meter, 106 Digital Multimeter, and 1AC II Non-Contact Voltage Tester to provide flexibility for voltage detection, installation checks, load measurements, and troubleshooting across commercial and industrial applications.Journeyman Diagnostic Kit — Brings together the 302+ Clamp Meter and 17B+ Digital Multimeter, plus a K-Type Thermocouple, for more advanced electrical and temperature diagnostics. Developed with input from students and apprentices, each bundle is built around the real-world applications electricians encounter as they progress through the trade. The progression moves from live/dead verification and GFCI testing to current measurement, AC/DC diagnostics, and temperature evaluation. By focusing on the tools they need for these specific tasks, the bundles provide a practical set of instruments electricians can put to use, rather than a collection of tools that may sit unused.
A stronger starting point for the skilled trades
Early-career electricians encounter a wide range of systems as they develop their skills, from receptacles and lighting to motor loads, HVAC equipment, panelboards and basic low-voltage wiring. Reliable measurement is fundamental across each of these applications, and developing sound testing habits early can help prepare electricians for increasingly complex work.
The bundles also give educators, training programs and employers a more straightforward way to identify core equipment for students and apprentices at different stages of development. As electricians progress, the tools provide a foundation for expanding into more advanced measurement and diagnostic capabilities.
To explore Fluke’s early-in-career electrical testing bundles and find the right starting point for students, apprentices and developing electricians, visit Fluke Electrical Testing Bundles.
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.
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*U.S. Bureau of Labor Statistics
FLUKE is a registered trademark of Fluke Corporation. For more information, visit the Fluke website.
Q: What are the new Fluke electrical testing bundles?
A: The five bundles bring together essential Fluke tools around the real-world tasks electricians perform as they build their skills. They range from foundational safety and outlet testing for students to more advanced measurement and diagnostics for apprentices and journeyman electricians.
Q: What issue are these bundles designed to address?
A: Getting started in the electrical trade can be overwhelming, particularly when it comes to knowing which tools you need. These bundles take the guesswork out of building a tool set by pairing the right instruments with the skills electricians are developing at different stages of their careers.
Q: What is the benefit for students and apprentices?
A: The bundles give students and apprentices professional-grade tools they can learn with from the start, while making it easier to build their toolbox. Bundled kits offer 10% savings, and eligible students, recent graduates, and apprentices can receive an additional 25% off select Fluke instruments through the Fluke Education Partnership Program. This gives early-career electricians a more accessible way to invest in tools they can learn with now and rely on throughout their careers.
Student Troubleshooting Kit Provides students and early-career technicians with essential tools for voltage detection, outlet ch... Journeyman Diagnostic Kit Brings together the 302+ Clamp Meter and 17B+ Digital Multimeter, plus a K-Type Thermocouple, for mo...
Eindhoven, Netherlands, Sept. 15, 2026 (GLOBE NEWSWIRE) -- As maintenance teams face growing pressure to keep assets running with fewer technicians and tighter maintenance schedules, they need inspection tools that are faster, easier to use, and seamlessly connected to modern mobile workflows. Addressing this need, Fluke today announced the expansion of its Fluke iSee™ Mobile Imaging Series with two new professional imaging solutions: the TC03A Thermal Camera and ii01 Acoustic Camera for Android™ devices.
Together, the new cameras give maintenance teams the ability to detect hidden thermal and acoustic anomalies using compact, mobile-first tools that deliver professional-grade diagnostics directly from a smartphone. The TC03A Thermal Camera helps identify thermal anomalies, while the ii01 Acoustic Camera uses advanced acoustic imaging to pinpoint compressed air leaks.
“Professional diagnostics can no longer be confined to specialized equipment. They need to be available wherever technicians are working. Especially as maintenance teams today are expected to inspect more assets and prevent failures before they occur," said Vineet Thuvara, Chief Product Officer at Fluke. "This innovation makes advanced diagnostics more accessible, giving more technicians the ability to quickly identify hidden thermal and acoustic issues with professional-grade tools that fit the way they work today. This helps organizations shift from reactive troubleshooting to more proactive, data-driven maintenance."
Inspect More. Access Less.
Maintenance teams are under constant pressure to inspect more equipment in less time, often without shutting down systems or accessing hard-to-reach components. Infrared thermography and acoustic imaging give technicians a way to survey larger areas, identify potential problems from a distance and focus hands-on investigation where it matters most. Infrared thermography is recognized as a non-contact inspection method that can provide broad inspection coverage and quickly identify thermal anomalies.
High-Performance Thermal Imaging with TC03A
That ability to inspect without physical contact makes thermal imaging especially useful for assessing multiple assets or areas that are difficult, time-consuming or unsafe to reach. The Fluke TC03A mobile thermal camera combines 384 × 288 thermal resolution with SuperResolution up to 768 × 576 to provide detailed images, while manual focus supports inspections across a range of distances, from close-up electronics to equipment that may be difficult to access directly.
Identifying an anomaly is only the first step; technicians also need to understand what they are seeing and determine what action to take. Integrated with the Fluke iSee™ app, TC03A provides temperature-difference insights, multi-mode alerts and real-time warnings to help technicians quickly assess findings and make informed decisions in the field.
But not every maintenance issue reveals itself through heat. Some problems produce sound instead, requiring a different approach to quickly locate the source.
Fast, Precise Leak Detection with ii01 Acoustic Camera
The Fluke ii01 acoustic camera uses SoundMap™ technology to help technicians locate compressed-air and gas leaks, including in areas that can be difficult to access. With a detection frequency range of 2 kHz to 48 kHz and a detection range of up to 50 meters, depending on site conditions, ii01 can help technicians scan larger areas and pinpoint potential leak sources without inspecting every connection individually.
Once a potential leak is identified, technicians need information that helps them assess the issue on site. A one-key leak mode quickly highlights potential leak sources, while real-time dB readings provide additional diagnostic information to support follow-up inspection and repair.
Compact, Connected and Built for the Field
Whether technicians are looking for abnormal heat across a large facility or tracking down a leak in a hard-to-reach location, the goal is the same: find potential problems sooner, with less time spent accessing individual assets.
Both TC03A and ii01 are part of the Fluke iSee™ Mobile Series, combining professional inspection capabilities with a mobile-first platform to help technicians identify potential problems, prioritize follow-up and keep maintenance moving.
Key benefits across both solutions include:
Compact and rugged design — Lightweight, portable, and built with rugged IP54 protection for demanding industrial environments Connected workflow — Integration with the Fluke iSee™ app allows for real‑time capture, reporting, and seamless sharing of images and data Enhanced productivity — Faster inspections and intuitive operation reduce downtime and improve maintenance efficiency, complementing more advanced thermal and acoustic tools Mobile‑first flexibility — Increase accessible of professional tools to equip front-line technicians with quick and fast inspection tools. For more information on the TC03A thermal camera and ii01 acoustic camera, please visit TC03A Thermal Camera and ii01 Acoustic Camera for Android, respectively.
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.
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FLUKE is a registered trademark of Fluke Corporation. For more information, visit the Fluke website.
Q: What are the new Fluke iSee™ Mobile Imaging Series products?
A: Fluke is expanding its iSee™ Mobile Imaging Series with two new professional imaging solutions for Android™ devices: the TC03A Thermal Camera and the ii01 Acoustic Camera. Together, they give maintenance teams the ability to detect hidden thermal anomalies, and locate compressed air leaks through compact, mobile-first tools that deliver professional-grade diagnostics in the field.
Q: Why is Fluke introducing these products now?
A: Industrial maintenance is becoming increasingly mobile, connected, and data-driven, while maintenance teams are being asked to do more with fewer resources. By expanding the Fluke iSee™ Mobile Imaging Series, Fluke is making advanced thermal and acoustic diagnostics more accessible, enabling more technicians to uncover hidden issues quickly and keep critical assets running reliably.
Q: What benefits do these new products provide to customers?
A: The TC03A and ii01 help technicians identify problems earlier, complete inspections more efficiently, and make faster, more informed maintenance decisions. By combining professional imaging performance with mobile connectivity and streamlined reporting, they help organizations reduce unplanned downtime, improve productivity, lower energy waste, and transition from reactive repairs to proactive maintenance.
Fluke Expands iSee Mobile Series with New TC03A Thermal Camera and ii01 Acoustic Camera Fluke Expands iSee Mobile Series with New TC03A Thermal Camera and ii01 Acoustic Camera
Fluke Expands iSee Mobile Series with New TC03A Thermal Camera and ii01 Acoustic Camera The Fluke ii01 acoustic camera uses SoundMap™ technology to help technicians locate compressed-air a... Fluke Expands iSee Mobile Series with New TC03A Thermal Camera and ii01 Acoustic Camera The Fluke TC03A mobile thermal camera combines 384 × 288 thermal resolution with SuperResolution up ...
Fortive Corporation (FTV) Morgan Stanley's 14th Annual Laguna Conference September 15, 2026 4:05 PM EDT
Company Participants
Olumide Soroye - President, CEO & Director
Mark Okerstrom - Senior VP & CFO
Presentation
Olumide Soroye
President, CEO & Director
[Audio Gap] Hardware as a service type offerings that we have and it's software subscriptions. And we've continued to see the strong performance across those. To give you a few examples on iOS segment at Fluke, which is again our biggest brand. We've just had great success in attaching service plans and subscription software to some of our products at Fluke.
And this has really taken the experience that our customers have with our advanced professional instruments and saying, how can we make that better over -- beyond the time they're buying the device from us. And that's going really well and continues to provide upside. And then on the software side and the health care consumables side, it's really about driving utilization of equipment we have in health care and then attach for our software businesses. In health care, as an example, again, we have tens of thousands of equipment out there. Everything we do to help our customers run more devices through those sterilization machines that's recurring revenue growth.
So we talked about the recent FDA approval of a 50-pound weight claim for our sterile machines. That means our customers can put more robotic equipment and devices through those machines, which means the utilization rate on those machines go up, which means more consumables and more services. So those are -- it's a very, very targeted approach at looking at all the 100,000 customers we have and ways to do more for them on the hardware side and on the recurring revenue side to deliver more value and the best place to grow is with the customers you
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced that its Board of Directors (the “Board”) has appointed Susan L. Main as a director of Fortive, effective September 9, 2026, with the size of the Board expanded from eight to nine members. In addition, Ms. Main was concurrently appointed to the Audit Committee. Shar Dubey, Chair of the Board, said, “Sue brings deep financial and operational expertise, an independent perspective, and a strong track recor.
Everett, Washington, Sept. 03, 2026 (GLOBE NEWSWIRE) -- U.S. manufacturing could need as many as 3.8 million new workers by 2033, with up to 1.9 million jobs potentially going unfilled because of skills and talent gaps.* Bridging that gap starts with giving tomorrow’s engineers the tools and experience they need today. Through its partnership with Washington State University (WSU), Fluke today is celebrating the opening of the new Fluke Engineering Lab at WSU Everett’s Voiland College of Engineering and Architecture.
The lab will give more than 4,000 engineering students across five WSU campuses hands-on experience with 30+ Fluke tools and technologies used across industry. Students will train on real-world technologies—from thermal imaging and digital multimeters to calibration equipment and energy loggers—used by engineers and technicians every day. Students will build practical measurement and diagnostic skills using the technologies they’ll encounter in the workplace.
“Great engineers learn by doing. Through the Fluke Engineering Lab, students will gain hands-on experience with the same tools and technologies they’ll use in industry. This investment is about more than equipment. It’s about building the skills, confidence and problem-solving capability the next generation will need to strengthen our workforce, accelerate innovation and solve the critical challenges facing industry,” said Parker Burke, President at Fluke.
“Tomorrow’s engineers cannot be prepared for tomorrow’s challenges using yesterday’s tools,” said Washington State University President Betsy Cantwell. “Through our partnership with Fluke, we’re bringing industry directly into the classroom and creating new opportunities for students to connect what they learn with how engineering is practiced in the real world. This kind of university-industry partnership can transform engineering education and help WSU shape the future of engineering in Washington and beyond,”
The Fluke Engineering Lab opening kicked off WSU in the Puget Sound and coincided with WSU’s Apple Cup weekend celebrations, bringing together university, industry and community leaders to celebrate the growth of WSU Everett and its role in the region. The event underscores a shared commitment to closing the skills gap and equipping students with the hands-on expertise needed to succeed in engineering, advanced manufacturing, maintenance and other technology-driven industries.
The partnership also extends beyond the new Lab. Fluke will continue its longstanding support of WSU students through mentorship of capstone projects both at the Everett campus and across the university, providing students with opportunities to apply their engineering knowledge to real-world challenges.
“While the Fluke Engineering Lab is located at WSU Everett, the opportunities this partnership creates will extend far beyond a single location, benefiting students and strengthening engineering programs across the WSU system. We are grateful to Fluke for its investment in our students and for helping expand access to industry-standard tools, experiences, and opportunities across all of our campuses,” said Sandra Haynes, Executive Vice President for WSU Statewide Campuses.
The need for this type of industry-connected education is underscored by ongoing workforce challenges facing manufacturers and other technology-intensive industries. Recent Fluke research found that skills-related challenges account for 78% of reported obstacles to technology adoption, including lack of expertise, knowledge shortages, skilled labor gaps and broader workforce skills shortages.
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.
About Washington State University
Washington State University is a nationally recognized public research university committed to advancing knowledge, inspiring discovery, and preparing future leaders. As the state’s land-grant university with campuses, research centers, and Extension offices across the state, WSU is dedicated to teaching, research, and outreach that strengthen Washington’s economy and improve the quality of life for people across the region and beyond.
About Economic Alliance Snohomish County
As the largest regional economic development organization in Snohomish County, Economic Alliance Snohomish County (EASC) supports a globally competitive regional economy in which all businesses can thrive and participate equally through effective advocacy and resource access.
* The Manufacturing Institute
# # #
FLUKE is a registered trademark of Fluke Corporation. For more information, visit the Fluke website.
What is the Fluke Engineering Lab? The Fluke Engineering Lab is a hands-on learning environment at WSU Everett equipped with more than 30 Fluke tools and technologies used across industry. Students can gain practical experience with diagnostic and measurement tools they will encounter in the workplace.
Why is the lab important? The lab bridges the gap between classroom theory and the real-world skills employers need. It helps prepare students to enter the workforce with practical experience while strengthening the pipeline of engineering and technical talent.
How will students benefit? More than 4,000 engineering students across five WSU campuses will have access to industry-standard tools and hands-on learning. They can build skills in troubleshooting, predictive maintenance, electrical systems, energy efficiency and industrial equipment while gaining real-world experience through mentorship and capstone projects.
New Fluke Engineering Lab at Washington State University Opens to Prepare the Next Generation of Engineers New Fluke Engineering Lab at Washington State University Opens to Prepare the Next Generation of Engineers
New Fluke Engineering Lab at Washington State University Opens to Prepare the Next Generation of Eng... WSU and Fluke are building the next generation of engineers - 4,000+ students, five campuses, hands-... New Fluke Engineering Lab at Washington State University Opens to Prepare the Next Generation of Eng... WSU and Fluke are building the next generation of engineers - 4,000+ students, five campuses, hands-...
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 Morgan Stanley 14th Annual Laguna Conference on Tuesday, September 15th, 2026, at 1:05 p.m. PT. 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.
Barrow Hanley Mewhinney & Strauss LLC acquired a new position in shares of Fortive Corporation (NYSE:FTV – Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm acquired 8,635,231 shares of the technology company’s stock, valued at approximately $527,526,000. Fortive accounts for 1.6% of Barrow Hanley Mewhinney & Strauss LLC’s holdings, making the stock its 18th biggest holding. Barrow Hanley Mewhinney & Strauss LLC owned 2.86% of Fortive as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in FTV. DV Equities LLC bought a new position in shares of Fortive during the 4th quarter valued at about $25,000. Virtus Advisers LLC bought a new stake in Fortive during the 2nd quarter worth approximately $30,000. Keating Financial Advisory Services Inc. bought a new stake in Fortive during the 2nd quarter worth approximately $30,000. Root Financial Partners LLC raised its holdings in Fortive by 43.6% during the 4th quarter. Root Financial Partners LLC now owns 553 shares of the technology company’s stock worth $31,000 after buying an additional 168 shares during the period. Finally, Main Street Group LTD bought a new position in Fortive in the first quarter valued at approximately $31,000. 94.94% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades Several brokerages have recently issued reports on FTV. Argus reissued a “buy” rating and set a $68.00 price objective on shares of Fortive in a research report on Wednesday, August 19th. Weiss Ratings raised shares of Fortive from a “hold (c-)” rating to a “hold (c)” rating in a research report on Wednesday, August 12th. JPMorgan Chase & Co. raised their target price on shares of Fortive from $63.00 to $64.00 and gave the company an “underweight” rating in a research report on Tuesday, May 12th. Wells Fargo & Company lifted their price target on shares of Fortive from $58.00 to $65.00 and gave the company an “equal weight” rating in a research note on Monday, May 4th. Finally, Royal Bank Of Canada boosted their price target on shares of Fortive from $59.00 to $63.00 and gave the stock a “sector perform” rating in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Fortive has an average rating of “Hold” and a consensus target price of $63.10.
Get Our Latest Research Report on FTV Fortive Stock Performance Shares of FTV opened at $60.14 on Monday. The firm has a 50-day moving average of $61.16 and a 200-day moving average of $59.43. The company has a market cap of $18.16 billion, a PE ratio of 35.59, a price-to-earnings-growth ratio of 2.49 and a beta of 1.06. The company has a debt-to-equity ratio of 0.58, a current ratio of 1.24 and a quick ratio of 1.00. Fortive Corporation has a one year low of $46.54 and a one year high of $64.56.
Fortive (NYSE:FTV – Get Free Report) last posted its quarterly earnings results on Wednesday, July 29th. The technology company reported $0.74 earnings per share for the quarter, beating analysts’ consensus estimates of $0.71 by $0.03. The business had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.07 billion. Fortive had a return on equity of 15.33% and a net margin of 12.38%.The firm’s revenue for the quarter was up 8.0% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.90 EPS. Fortive has set its FY 2026 guidance at 2.950-3.050 EPS. As a group, equities analysts forecast that Fortive Corporation will post 3.02 earnings per share for the current year.
Fortive Increases Dividend The business also recently declared a quarterly dividend, which will be paid on Friday, September 25th. Investors of record on Friday, September 4th will be paid a $0.07 dividend. This is an increase from Fortive’s previous quarterly dividend of $0.06. The ex-dividend date is Friday, September 4th. This represents a $0.28 dividend on an annualized basis and a yield of 0.5%. Fortive’s dividend payout ratio (DPR) is currently 14.20%.
Fortive declared that its Board of Directors has authorized a share buyback program on Monday, May 4th that permits the company to buyback 20,000,000 outstanding shares. This buyback authorization permits the technology company to buy shares of its stock through open market purchases. Stock buyback programs are typically an indication that the company’s management believes its shares are undervalued.
Insiders Place Their Bets In other Fortive news, SVP Peter C. Underwood sold 8,662 shares of the firm’s stock in a transaction that occurred on Monday, August 10th. The shares were sold at an average price of $61.59, for a total transaction of $533,492.58. Following the completion of the sale, the senior vice president directly owned 79,118 shares in the company, valued at $4,872,877.62. This trade represents a 9.87% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.65% of the stock is currently owned by corporate insiders.
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.
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EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) announced today that its Board of Directors declared a regular quarterly cash dividend of $0.07 per share of its common stock, par value $0.01 per share, payable on September 25, 2026 to common stockholders of record on September 4, 2026. This declared dividend represents an increase of 16.7% over the prior quarterly dividend. Although Fortive expects to pay dividends on a quarterly basis, any subsequent declaration of.
Key Takeaways Fortive's second-quarter core revenues rose 6.7%, with pricing and volume both contributing.Adjusted EBITDA climbed 12% to $323.1 million, as margin expanded 110 basis points to 29.5%.Free cash flow jumped 50.3%, but leverage, product mix and valuation favor a patient approach. Fortive Corporation (FTV - Free Report) is entering the second half of 2026 with faster organic growth, wider adjusted EBITDA margins and stronger cash generation. Those gains improve the investment case after the separation of its former Precision Technologies businesses.
The question is whether the operating progress offers enough upside at the current price. Product mix, leverage and a valuation close to Fortive’s historical norm argue for a more selective approach.
Fortive’s Core Growth Strengthens the Bull CaseSecond-quarter core revenues increased 6.7%, taking first-half core growth to 6.1%. Pricing and volume both contributed, showing that the improvement was not dependent on a single lever.
Intelligent Operating Solutions delivered 7.4% core growth, supported by professional instrumentation, facilities and asset lifecycle solutions and gas detection. Advanced Healthcare Solutions grew 5.3% as consumables, services, software and modest capital-equipment demand supported the segment.
FTV’s Margin Gains Face Mix PressureAdjusted EBITDA rose 12% to $323.1 million, while the adjusted EBITDA margin expanded 110 basis points to 29.5%. Operating leverage, productivity and structural cost savings more than offset growth investments and higher employee costs.
The quality of the margin improvement was uneven. Adjusted gross margin fell 100 basis points to 63% because of product mix, while the healthcare segment’s adjusted EBITDA margin contracted 80 basis points to 26.1%.
Fortive’s Cash Flow Supports Capital ReturnsQuarterly free cash flow climbed 50.3% to $270.6 million. Trailing-12-month free cash flow reached $1.04 billion, giving Fortive meaningful capacity to fund organic investment and return capital.
The company repurchased about $200 million of stock in the second quarter. Buybacks over the preceding four quarters totaled roughly $2 billion and covered about 38 million shares, or nearly 11% of diluted shares outstanding at the start of that period.
FTV’s Valuation Leaves Less Room for ErrorFortive trades at 18.9X forward earnings, below 25.6X for its subindustry, 20.7X for its sector and 20.3X for the S&P 500. The discount is useful, but the stock remains close to its five-year median multiple of 19.4X rather than at an unusually low historical valuation.
Keysight Technologies (KEYS - Free Report) provides design, simulation and test solutions across communications, aerospace, automotive and semiconductor markets. AMETEK, Inc. (AME - Free Report) is a diversified producer of electronic instruments and electromechanical devices, making both relevant comparison points for Fortive’s instrumentation and industrial technology exposure.
Fortive’s Leverage and Execution Risks MatterFortive ended the quarter with $3.53 billion of gross debt and net leverage of 2.4 times adjusted EBITDA. Refinancing included $600 million of 4.75% notes due 2031 and $500 million of 5.25% notes due 2036, contributing to higher interest expense.
Additional risks include uncertain tariff-refund timing, uneven regional demand, healthcare product mix and bolt-on integration. These factors could limit further margin expansion or reduce flexibility if commercial conditions weaken.
FTV’s Signals Favor Patience With Selective OptimismFortive’s improving growth, margin and cash profile supports a constructive view, but the valuation and execution risks leave limited room for disappointment. Current holders have reasons to stay patient, while prospective buyers may prefer a more favorable entry point.
The stock carries a Zacks Rank #2 (Buy), and the Zacks Consensus Estimate for current-fiscal-year earnings has risen 1.5% in the past month. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
A Momentum Score of B reinforces the near-term case, but the Value Score of C, Growth Score of D and VGM Score of D point to a less balanced setup. The signals support selective optimism rather than an unqualified bullish stance.
Key Takeaways Fortive lifted 2026 adjusted EPS guidance to $2.95-$3.05 after Q2 earnings and revenues beat estimates.Fortive's core revenues rose 6.7% as price, volume and productivity gains widened adjusted EBITDA margin.Free cash flow rose 50.3% to $270.6 million, supporting innovation, buybacks and bolt-on acquisitions. Fortive Corporation (FTV - Free Report) raised its 2026 adjusted earnings outlook after second-quarter earnings and revenues exceeded estimates as organic growth accelerated. Price, volume and productivity gains broadened across the portfolio.
The question is whether those improvements can sustain earnings momentum through the second half. Wider margins and stronger cash conversion support the outlook, while healthcare mix, tariffs and uneven hospital spending keep the execution bar high.
FTV’s Q2 Beat Shows Broad Organic MomentumFortive reported adjusted earnings of 74 cents per share, 4.2% above the Zacks Consensus Estimate of 71 cents. Revenues rose 7.9% to $1.10 billion and exceeded the consensus mark of $1.06 billion.
Core revenues climbed 6.7% and accounted for most of the reported expansion. Both Intelligent Operating Solutions and Advanced Healthcare Solutions generated price and volume growth, making the beat broader than a currency- or portfolio-driven lift.
Fortive Accelerated Moves Beyond Early InitiativesFortive Accelerated centers on faster innovation, focused commercial execution and recurring customer value. Fluke’s CertiFiber Max targets data-center fiber testing, while Provation Mira Documentation Assist uses real-time, voice-driven artificial intelligence to streamline gastrointestinal documentation.
Keysight Technologies, Inc. (KEYS - Free Report) , another electronic-test provider, raised its fiscal 2026 outlook after record second-quarter orders. Its results provide a relevant reference point for Fortive’s push into advanced testing markets, though FTV still must convert product momentum into repeatable growth.
Fortive’s Raised Guidance Lifts the Earnings BarFortive lifted its full-year adjusted earnings range to $2.95-$3.05 per share. The revision reflects first-half execution and management’s confidence that its medium-term financial framework remains intact.
The higher range makes each remaining quarter a more important test. Sustained price realization, volume growth and productivity will need to offset mix pressure and continued investment without depending on tariff refunds.
FTV’s Margin Expansion Reveals Operating LeverageAdjusted EBITDA increased 12% to $323.1 million, while the margin expanded 110 basis points to 29.5%. Pricing, volume, productivity and structural savings more than offset higher employee costs and growth spending.
The quality was not uniform. Adjusted gross margin fell 100 basis points to 63%, and Advanced Healthcare Solutions’ adjusted EBITDA margin contracted 80 basis points to 26.1%, showing where execution still needs to improve.
Image Source: Zacks Investment Research
Fortive’s Cash Flow Adds Support to the OutlookOperating cash flow reached $298.7 million and free cash flow rose 50.3% to $270.6 million. Quarterly free cash flow conversion was 118.4% of adjusted net earnings.
That cash generation gives Fortive capacity to fund innovation, repurchase shares, pursue selective bolt-on acquisitions and maintain a modest dividend. It also provides flexibility as the company balances growth spending with higher refinancing costs.
FTV’s Healthcare Mix and Tariffs Cloud VisibilityHealthcare core revenues grew 5.3%, but capital-equipment growth remained modest and segment profitability weakened. STERIS plc (STE - Free Report) , which focuses on infection prevention and procedural products and services, offers a useful comparison for hospital sterilization demand.
Tariff refunds added 40 basis points to second-quarter operating margin. Future refund timing, possible new tariffs and customer pricing or sourcing responses remain uncertain, limiting visibility despite Fortive’s productivity and pricing countermeasures.
FTV’s Near-Term Signals Back the Guidance ResetThe guidance increase is supported by near-term earnings signals, but it does not settle the longer-term growth case. Fortive carries a Zacks Rank #2 (Buy), and the Zacks Consensus Estimate for current-year earnings has increased 1.5% over the past four weeks. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
A Momentum Score of B reinforces favorable short-term timing. The Growth Score of D and VGM Score of D are less supportive, indicating that continued earnings delivery is needed before the quarter’s improvement can underpin a broader growth thesis.
Arrowstreet Capital Limited Partnership purchased a new stake in shares of Fortive Corporation (NYSE:FTV – Free Report) during the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund purchased 214,436 shares of the technology company’s stock, valued at approximately $11,854,000. Arrowstreet Capital Limited Partnership owned 0.07% of Fortive at the end of the most recent quarter.
Other hedge funds have also recently bought and sold shares of the company. Root Financial Partners LLC boosted its stake in shares of Fortive by 43.6% during the 4th quarter. Root Financial Partners LLC now owns 553 shares of the technology company’s stock valued at $31,000 after buying an additional 168 shares during the period. Rothschild Investment LLC grew its stake in Fortive by 20.5% in the fourth quarter. Rothschild Investment LLC now owns 1,113 shares of the technology company’s stock valued at $61,000 after purchasing an additional 189 shares in the last quarter. Empowered Funds LLC increased its position in Fortive by 2.3% in 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 during the last quarter. Clearstead Trust LLC lifted its stake in shares of Fortive by 29.8% in the 4th quarter. Clearstead Trust LLC now owns 953 shares of the technology company’s stock valued at $53,000 after purchasing an additional 219 shares during the last quarter. Finally, First Citizens Bank & Trust Co. grew its holdings in Fortive by 4.2% during the first quarter. First Citizens Bank & Trust Co. now owns 5,604 shares of the technology company’s stock valued at $310,000 after purchasing an additional 224 shares during the last quarter. 94.94% of the stock is owned by hedge funds and other institutional investors.
Insider Activity In other Fortive news, SVP Peter C. Underwood sold 47,557 shares of Fortive stock in a transaction dated Monday, May 4th. The shares were sold at an average price of $60.81, for a total value of $2,891,941.17. Following the completion of the transaction, the senior vice president directly owned 87,780 shares of the company’s stock, valued at approximately $5,337,901.80. The trade was a 35.14% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.65% of the company’s stock.
Fortive Price Performance FTV stock opened at $59.30 on Friday. The company has a debt-to-equity ratio of 0.58, a quick ratio of 0.57 and a current ratio of 1.24. The company has a market capitalization of $17.91 billion, a P/E ratio of 35.09 and a beta of 1.06. The business has a 50-day simple moving average of $61.01 and a two-hundred day simple moving average of $58.72. Fortive Corporation has a 52-week low of $46.34 and a 52-week high of $64.56.
Fortive (NYSE:FTV – Get Free Report) last posted its earnings results on Wednesday, July 29th. The technology company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.03. The firm had revenue of $1.10 billion during the quarter, compared to the consensus estimate of $1.07 billion. Fortive had a net margin of 12.38% and a return on equity of 15.33%. The company’s revenue was up 8.0% on a year-over-year basis. During the same quarter last year, the company earned $0.90 earnings per share. Fortive has set its FY 2026 guidance at 2.950-3.050 EPS. Research analysts expect that Fortive Corporation will post 2.99 EPS for the current fiscal year.
Fortive announced that its board has initiated a share buyback plan on Monday, May 4th that allows the company to buyback 20,000,000 outstanding shares. This buyback authorization allows the technology company to reacquire shares of its stock through open market purchases. Shares buyback plans are typically an indication that the company’s leadership believes its shares are undervalued.
Fortive Dividend Announcement The firm also recently declared a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Monday, June 22nd were paid a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, June 22nd. Fortive’s dividend payout ratio (DPR) is presently 14.37%.
Analysts Set New Price Targets A number of equities research analysts recently weighed in on the company. Weiss Ratings downgraded Fortive from a “hold (c)” rating to a “hold (c-)” rating in a research report on Wednesday. Zacks Research downgraded Fortive from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, April 21st. JPMorgan Chase & Co. upped their price target on Fortive from $63.00 to $64.00 and gave the company an “underweight” rating in a research report on Tuesday, May 12th. Royal Bank Of Canada raised their price target on shares of Fortive from $59.00 to $63.00 and gave the company a “sector perform” rating in a report on Friday, May 1st. Finally, Wells Fargo & Company upped their price objective on Fortive from $58.00 to $65.00 and gave the company an “equal weight” rating in a report on Monday, May 4th. Two analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat.com, Fortive has an average rating of “Hold” and an average price target of $63.10.
Check Out Our Latest Stock Analysis on Fortive
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.
Further Reading Five stocks we like better than Fortive Chevron’s Strong Quarter Shows Why It Still Leads the Energy Sector Amazon’s Earnings Beat Shows Why AWS Is Back at the Center of the Bull Case Apple’s Record Quarter Could Not Outrun Its Guidance Problem McKesson’s Compounding Keeps Adding Up 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).
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Industrial Buybacks: Top Homebuilding Supplier Leads Buyback IncreasesFortive NYSE: FTV reported second-quarter 2026 results that included 6.7% core revenue growth, 12% adjusted EBITDA growth and a 28% increase in adjusted earnings per share, prompting the company to raise its full-year adjusted EPS outlook.
President and CEO Olumide Soroye said the quarter marked continued execution of the company’s “Fortive Accelerated” strategy, which emphasizes innovation, commercial investments, recurring customer value and disciplined capital allocation. Fortive generated nearly $1.1 billion in revenue, up almost 8% on a reported basis, while adjusted EPS rose to $0.74.
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Buying the Dip in Fortive Stock is a Strong Move“Q2 marked another quarter of strong results and execution,” Soroye said, noting that the company has now produced four consecutive quarters of double-digit adjusted EPS growth.
Revenue Growth Across Segments CFO Mark Okerstrom said growth reflected both price and volume gains in Fortive’s two operating segments. North America remained the company’s strongest region, while growth in Asia-Pacific and Latin America more than offset a modest revenue decline in Europe, the Middle East and Africa. Management attributed the EMEA weakness to geopolitical tensions and continued economic softness in the region.
Intelligent Operating Solutions revenue grew about 9% on a reported basis and 7.4% organically. The segment benefited from growth across professional instrumentation, facilities and asset lifecycle solutions, and gas detection products. Segment adjusted EBITDA increased 12% to $264 million, while adjusted EBITDA margin expanded roughly 100 basis points to just under 35%.
Fluke recorded strong order volume, with orders growing modestly faster than revenue. Soroye said North American sell-through remained strong and that the business exited the quarter with improved channel inventory. Growth in Europe was affected by deferred purchases from a small number of channel customers, though management said point-of-sale trends in the region were the strongest seen in six quarters.
Fluke also continued to benefit from its focus on data centers. Demand for the company’s CertiFiber Max product exceeded expectations, according to management. The product is intended to speed fiber-cable certification for data center construction, and Fortive said it has also helped drive demand for Fluke’s broader portfolio of power quality, battery testing and diagnostic products.
Advanced Healthcare Solutions generated nearly $340 million in revenue, up 6% year over year and 5.3% on a core basis. Growth was supported by healthcare consumables, services and software sales in Latin America, Asia-Pacific and North America. Segment adjusted EBITDA rose about 3% to $88 million, although adjusted EBITDA margin declined approximately 80 basis points to 26%.
Management said ASP’s consumables and services business expanded in every major region, while low-temperature sterilization capital-equipment demand improved and returned to growth. Soroye said hospital capital budgets remain under pressure but have continued to improve. The company also cited strong provider demand for its gastrointestinal case documentation software.
Margins, Cash Flow and Tariff Refunds Fortive’s adjusted gross margin was 63%, down about 100 basis points from a year earlier, primarily because of product mix. Okerstrom said certain lower-margin products posted outsized growth, including products serving multi-site retail customers within Intelligent Operating Solutions. In healthcare, margin was affected by resumed growth in ASP capital products and strategic investments tied to larger accounts.
Despite gross-margin pressure, consolidated adjusted EBITDA increased to $323 million and adjusted EBITDA margin expanded about 110 basis points to 29.5%. The company credited adjusted gross-profit growth, operating leverage and structural cost savings, partly offset by investments in its growth strategy.
Fortive generated roughly $270 million of free cash flow during the quarter. Trailing 12-month free cash flow exceeded $1 billion, with conversion on net income “well north of 100%,” Okerstrom said.
The company recognized a $4.5 million benefit from refunds tied to IEEPA tariffs in its GAAP earnings. Fortive expects an additional $20 million to $25 million in tariff refunds in coming quarters, but excludes those refunds from adjusted metrics to facilitate comparisons between reporting periods.
Capital Allocation, AI and Acquisitions Fortive repurchased roughly $200 million of shares in the second quarter. Since the launch of “New Fortive” a year earlier, the company has deployed nearly $2 billion toward buybacks, repurchasing approximately 38 million shares, or about 11% of shares outstanding.
Fortive also acquired a majority stake in UV Smart, whose UVC high-level disinfection technology expands ASP’s disinfection portfolio for specialized instruments. Management said future bolt-on acquisitions will likely be concentrated in the company’s largest platforms, including Fluke and ASP, while software acquisitions would need to meet strict strategic and financial criteria.
The company highlighted artificial intelligence-enabled offerings across its software businesses, including predictive-maintenance tools at ServiceChannel and Accruent, Flash AI at Gordian, and new capabilities in Fluke’s eMaint platform. Soroye said Fortive’s AI investments have been supported by an internal AI Center of Excellence established seven years ago and have not required significant incremental spending.
Outlook Raised Fortive raised its 2026 adjusted EPS guidance to a range of $2.95 to $3.05. The company now expects full-year reported revenue of approximately $4.35 billion and core revenue growth of about 4%, compared with its prior expectation of 2% to 3% growth.
Management expects third-quarter revenue to follow normal seasonal patterns, with adjusted EBITDA margin slightly below second-quarter levels because of lower absolute revenue and modest strategic investments. Fourth-quarter reported revenue will be affected by four fewer selling days than the prior-year period, which Fortive expects will create a $15 million to $20 million revenue headwind and a 150-basis-point headwind to core growth.
Okerstrom said Fortive expects to continue operating within its targeted annual adjusted EBITDA margin expansion range of 50 to 100 basis points in 2026 and 2027.
About Fortive (NYSE:FTV)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.
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On July 29, 2026, Fortive Corp (FTV) shares experienced a notable decline, falling 7.1% to a current price of $59.54. This price sits within a 52-week range of
Christina Jones - Vice President of Investor Relations
Olumide Soroye - President, CEO & Director
Mark Okerstrom - Senior VP & CFO
Conference Call Participants
Scott Davis - Melius Research LLC
Nigel Coe - Wolfe Research, LLC
Deane Dray - RBC Capital Markets, Research Division
Andrew Kaplowitz - Citigroup Inc., Research Division
Christopher Snyder - Morgan Stanley, Research Division
Andrew Buscaglia - BNP Paribas, Research Division
Quinn Fredrickson - Robert W. Baird & Co. Incorporated, Research Division
Jamie Cook - Truist Securities, Inc., Research Division
Chigusa Katoku - JPMorgan Chase & Co, Research Division
Presentation
Operator
My name is Darryl, and I will be your conference facilitator this afternoon. At this time, I would like to welcome everyone to Fortive Corporation's Second Quarter 2026 Earnings Results Conference Call. [Operator Instructions]
I would now like to turn the call over to Ms. Christina Jones, Vice President of Investor Relations. Ms. Jones, you may begin your conference.
Christina Jones
Vice President of Investor Relations
Thank you, and thank you, everyone, for joining us on today's call. I am joined today by Olumide Soroye, Fortive's President and CEO; and Mark Okerstrom, Fortive's CFO.
During today's call, we present certain non-GAAP financial measures. Information required by Regulation G is available on the Investors section of our website at fortive.com. We will also make forward-looking statements, including statements regarding events or developments that we expect or anticipate will or may occur in the future. These forward-looking statements are subject to a number of risks, and actual results might differ materially from any forward-looking statements that we make today. Information regarding these risk factors is available in our SEC filings, including our annual report on Form 10-K and the subsequent quarterly reports on Form 10-Q.
Key Takeaways Fortive's Q2 adjusted EPS rose 28.5% to 74 cents, beating estimates as revenues climbed 7.9%.Core revenues grew 6.7%, led by price and volume gains across both Fortive operating segments.Fortive raised 2026 adjusted EPS guidance to $2.95-$3.05 after solid first-half execution. Fortive Corporation (FTV - Free Report) reported second-quarter 2026 adjusted earnings of 74 cents per share, which jumped 28.5% year over year and topped the Zacks Consensus Estimate of 71 cents by 4.2%.
Revenues rose 7.9% year over year to $1.10 billion and beat the consensus estimate of $1.06 billion by 3.5%. Core revenues increased 6.7%, reflecting price and volume growth in both operating segments.
However, Fortive’s shares are slightly down around 1.5% in the pre-market trading session today. The stock has gained 21.6% in the past six months compared with the Zacks Electronics - Testing Equipment industry's growth of 16%.
Image Source: Zacks Investment Research
FTV's Core Growth Gains MomentumCurrency translation and portfolio changes added 1.2 percentage points to reported revenue growth. The remaining increase came from core operations, showing that the quarter's expansion was primarily organic.
Management linked the performance to strong execution under the Fortive Accelerated strategy. The company cited early progress in innovation, commercial execution and recurring customer value, supported by the Fortive Business System. These initiatives are intended to increase new-product velocity and deepen recurring customer relationships.
Fortive's Intelligent Operating Solutions LeadIntelligent Operating Solutions generated revenues of $758.2 million, up 8.8% year over year. Core revenues increased 7.4%, driven by professional instrumentation, Facilities and Asset Lifecycle solutions, and gas detection.
Adjusted EBITDA for the segment rose 12.2% to $264.4 million. The adjusted EBITDA margin expanded 110 basis points (bps) to 34.9%, as gross profit growth, operating leverage and structural cost savings more than offset growth investments.
FTV's Healthcare Unit Delivers GrowthAdvanced Healthcare Solutions posted revenues of $338.6 million, up 6% from the prior-year quarter. Core growth was 5.3%, supported by demand for healthcare consumables, services and software, along with modest growth in capital equipment.
Segment adjusted EBITDA increased 2.7% to $88.4 million. However, the adjusted EBITDA margin contracted 80 bps to 26.1%, as product mix and strategic growth investments weighed on profitability despite operating leverage and cost savings.
Fortive Expands EBITDA MarginAdjusted gross profit increased 6.2% to $690.9 million. The adjusted gross margin was 63%, down 100 bps year over year, mainly due to product mix, partly offset by operating leverage.
Adjusted EBITDA rose to $323.1 million from $288.4 million, and the margin expanded 110 bps to 29.5%. Adjusted operating profit increased to $300.7 million, with the adjusted operating margin improving 70 bps to 27.4%. GAAP net earnings advanced 40.9% to $157.3 million.
FTV Strengthens Cash GenerationOperating cash flow from continuing operations reached $298.7 million, up from $205 million a year earlier. Free cash flow increased 50.3% to $270.6 million, representing conversion of 118.4% of adjusted net earnings.
Trailing-12-month free cash flow totaled $1.04 billion, with conversion of 108.4%. Fortive ended the quarter with $374.2 million in cash and equivalents, while net debt was $3.15 billion and net leverage was 2.4 times adjusted EBITDA. The cash profile supports continued deployment across the company's stated priorities.
Fortive Raises 2026 Earnings ViewFortive raised its full-year 2026 adjusted earnings guidance to $2.95-$3.05 per share. The revision reflects solid first-half execution and management's confidence in the business trajectory.
The company maintained that its medium-term financial framework remains intact. It continues to focus on faster profitable organic growth, disciplined capital allocation and building investor trust through clearer expectations and consistent delivery.
FTV Advances Capital Allocation PrioritiesThe company deployed roughly $200 million toward share repurchases in the second quarter, buying about 3 million shares at an average price of $59.54. Repurchases over the past four quarters totaled approximately $2 billion, covering about 38 million shares, or roughly 11% of shares outstanding as of the second quarter of 2025.
Fortive also completed the acquisition of UV Smart, a small bolt-on transaction aligned with its strategic growth priorities. Gross leverage declined to about 2.7 times adjusted EBITDA, preserving flexibility for organic investment, selective acquisitions, repurchases and a modestly growing dividend.
FTV’s Zacks RankFortive currently carries a Zacks Rank #2 (Buy). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Recent PerformancesSAP SE (SAP - Free Report) reported second-quarter 2026 non-IFRS earnings per share of €1.59 ($1.85), which increased 6% from the year-ago quarter. The Zacks Consensus Estimate was pegged at $2.
Despite macroeconomic uncertainty, SAP reported total revenues on a non-IFRS basis of €9.9 billion ($11.5 billion), which increased 9% year over year (up 11% at constant currency or cc). The Zacks Consensus Estimate was pegged at $11.4 billion.
America Movil, S.A.B. de C.V. (AMX - Free Report) reported net income per ADR of 47 cents for the second quarter of 2026, up from 38 cents in the prior-year quarter. The earnings figure missed the Zacks Consensus Estimate of 52 cents. Total quarterly revenues rose 3.1% to Mex$241,071 million, driven by rapid momentum across the Service and Equipment segments.
BlackBerry Limited (BB - Free Report) reported first-quarter fiscal 2027 non-GAAP earnings per share of 4 cents. The figure beat the company’s estimate of 2-3 cents. In the year-ago quarter, it reported a non-GAAP EPS of 2 cents. The Zacks Consensus Estimate was pegged at 3 cents per share. BlackBerry generated $152.9 million in fiscal first-quarter revenue, representing 26% year-over-year growth.
For the quarter ended June 2026, Fortive (FTV - Free Report) reported revenue of $1.1 billion, up 7.9% over the same period last year. EPS came in at $0.74, compared to $0.58 in the year-ago quarter.
The reported revenue represents a surprise of +3.89% over the Zacks Consensus Estimate of $1.06 billion. With the consensus EPS estimate being $0.71, the EPS surprise was +4.23%.
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.
As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.
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: $338.6 million versus the four-analyst average estimate of $333.78 million. The reported number represents a year-over-year change of +6%.Sales- Intelligent Operating Solutions: $758.2 million versus the four-analyst average estimate of $735.93 million. The reported number represents a year-over-year change of +12.2%.Adjusted Operating Profit (Non-GAAP)- Intelligent Operating Solutions: $248 million compared to the $240.81 million average estimate based on four analysts.Adjusted Operating Profit (Non-GAAP)- Advanced Healthcare Solutions: $83.1 million versus the four-analyst average estimate of $83.97 million.Operating Profit- Intelligent Operating Solutions: $203.5 million versus the two-analyst average estimate of $192.56 million.Operating Profit- Advanced Healthcare Solutions: $38.3 million compared to the $39 million average estimate based on two analysts.View all Key Company Metrics for Fortive here>>>
Shares of Fortive have returned +4.9% over the past month versus the Zacks S&P 500 composite's +1.9% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
EVERETT, Wash.--(BUSINESS WIRE)--Fortive Corporation (“Fortive”) (NYSE: FTV) today announced financial results for the second quarter of 2026. “Q2 marked another quarter of strong financial performance and execution by our team. Core revenue growth accelerated to 6.7%, adjusted EBITDA grew 12%, and adjusted EPS growth was 28% in the quarter. In addition to accelerating profitable growth, we continued to deliver on our commitment to disciplined capital allocation by completing an additional ~$20.
July 29 (Reuters) - Fortive (FTV.N), opens new tab raised its 2026 adjusted profit forecast on Wednesday, helped by resilient demand for its industrial automation unit.
A growing number of businesses investing heavily into optimizing their industrial operations has fueled demand for building technology, benefiting companies such as Fortive.
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Fortive makes industrial measurement equipment and software-enabled automation used in various industries.
Here are some more details:
The Everett, Washington-based company expects annual adjusted earnings in the range of $2.95 to $3.05 per share, compared with its prior forecast of $2.90 to $3.00 per share.
Analysts on an average expected $3 per share, according to data compiled by LSEG.
It reported adjusted profit of 74 cents per share for the quarter ended July 3, beating analysts' estimate of 71 cents apiece.
Revenue for the second quarter rose about 8% to $1.1 billion from a year earlier, compared with Wall Street estimates of $1.07 billion.
Reporting by Anshuman Tripathy in Bengaluru; Editing by Devika Syamnath
Our Standards: The Thomson Reuters Trust Principles., opens new tab
Andreas Halvorsen’s Viking Global just gave retail investors a five-name research list. The latest 13F filing, holdings as of March 31, 2026 and filed May 15, 2026, discloses the fund’s five largest long US-listed common stock and ADR positions. Every one of them carries a specific 2026 catalyst, and four of the five carry a BUY signal from our price-prediction model with 0.9 confidence. Here is how each one screens right now, ranked from the most overlooked to the loudest payoff.
1. Fortive (The Quiet Compounder) Fortive (NYSE:FTV | FTV Price Prediction) is the smallest name Halvorsen is riding, and that is exactly the point. Post the June 2025 Ralliant spinoff, the “new Fortive” is a leaner, two-segment industrial software and healthcare instruments compounder with an aggressive buyback engine. This is the kind of unloved industrial the Street forgets while chasing GPUs.
The Q1 2026 earnings report did the talking. Adjusted EPS of $0.70 came in ahead of the $0.64 consensus, adjusted EBITDA margin expanded 140 basis points to 29.3%, and management bought back roughly $500 million in shares in the quarter, bringing the three-quarter total since the spin to about $1.8 billion. CEO Olumide Soroye said Fortive is “currently trending toward the upper half” of the $2.90 to $3.00 FY2026 adjusted EPS guidance range.
Our model pegs the 1-year base case at $74.75, or 20.99% upside from $61.78, with a BUY rating. Analyst consensus is more cautious at 27% bullish and 60% neutral, target $64.23. That gap between the quantitative model and sleepy sell-side coverage is exactly the setup Halvorsen tends to exploit. Buy-worthy on the sell-side apathy alone.
2. Taiwan Semiconductor Manufacturing (The AI Backbone) Taiwan Semiconductor Manufacturing (NYSE:TSM) is the obvious heavyweight and the one nobody in AI infrastructure can route around. Roughly 90% of the world’s leading-edge semiconductors critical for AI’s future development are manufactured in Taiwan, and TSMC is the whole edge.
Yesterday’s Q2 2026 report cemented it. EPS came in at $4.31 versus $3.89 estimated, a 10.89% beat, on $40.2 billion in revenue, up 36.0% year over year. 7nm-and-below nodes now account for 77% of wafer revenue, with 3nm at 30% and 2nm making its commercial debut at 3%. Q3 guidance calls for $44.6 billion to $45.8 billion in revenue, with full-year growth “slightly above 40%” in USD.
Our base case targets $488.71, or 23.82% upside from $394.68, and the 5-year base case models $744.42, an 88.61% total return. With 89% bullish analysts and zero sell ratings, this is a BUY. The tell for what comes next: rate-sensitive financials that turn a falling deposit cost into a widening moat.
3. Visa (The Payments Hyperscaler) Visa (NYSE:V) sits on a toll booth on every card swipe on the planet, and management is now reframing the company as a “Visa as a Service” payments hyperscaler. That framing reflects the operating leverage that keeps flowing to the bottom line.
Q1 FY2026 (reported January 29, 2026) delivered non-GAAP EPS of $3.17 versus $3.14 expected on revenue of $10.90 billion, up 14.6% year over year. Payments volume rose 8% in constant dollars, cross-border volume excluding intra-Europe climbed 11%, and processed transactions grew 9% to 69.4 billion. Cash generation is the punchline: operating cash flow hit $6.78 billion, up 25.65%, with $21.1 billion in buyback authorization remaining.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Taiwan Semiconductor Manufacturing didn't make the cut. Grab the names FREE today.
The Polymarket crowd is pricing in 88% odds that Visa beats its next quarterly earnings report. Our model targets $392.41, a 9.49% base-case upside, with analysts more bullish at a $401.47 consensus target and 93% bullish ratings. Our model rates this BUY, though the base-case upside is narrower than TSM or FTV. The bigger dislocation sits one ticker down.
4. Charles Schwab (The NIM Expansion Trade) Charles Schwab (NYSE:SCHW) is where the falling-rate playbook meets the world’s largest retail brokerage. The thesis is mechanical: deposit costs collapse faster than asset yields, net interest margin expands, and earnings compound.
Q1 2026 laid the receipts on the table. EPS of $1.43 came in ahead of the $1.39 consensus, and the mechanics were textbook: net interest revenue jumped 16% to $3.14 billion, net interest margin expanded to 2.88% from 2.53%, and the average rate paid on deposits collapsed from 0.72% to 0.20%. Alongside that, core net new assets reached $140 billion, total client assets rose 19% year over year to $11.77 trillion, and Schwab bought back $2.4 billion of stock while raising the dividend 19% to $0.32.
Polymarket has 91% odds Schwab beats the next quarterly earnings report. Our model targets $121.14, an 18.87% base-case upside from $101.91, and the 5-year base case runs to $174.15, a 70.89% total return. Rating: BUY. Now for the punchline: the one Halvorsen holding down double digits year to date.
5. Disney (The Reset Trade) Disney (NYSE:DIS) is down 11.68% year to date while streaming is finally, structurally, profitable. That is the setup. When a broken narrative pivots to a printing narrative, the re-rating is where the money lives.
Q2 FY2026 reset the story. Adjusted EPS of $1.57 came in ahead of the $1.50 consensus, revenue rose 6.5% to $25.17 billion, and entertainment SVOD operating income jumped 88% to $582 million, marking the first double-digit margin at 10.6%. Experiences delivered a record Q2 at $9.49 billion in revenue, up 7%, with domestic parks per-capita spending up 5%. Management raised the FY2026 buyback target to at least $8 billion, with $5.5 billion already completed in H1, and guided FY2026 adjusted EPS growth of roughly 16%, with double-digit growth again in FY2027.
Here is the divergence to trade around: Polymarket assigns just a 10% probability that Disney+ reaches 150 million total users by September, while 27 analysts rate Disney Buy or Strong Buy versus 1 Sell, with a consensus target of $127.64. Our model targets $109.53, or 12.6% upside, and the 5-year bull case runs to $199.16, a 104.75% total return. Rating: BUY on the streaming inflection, with the caveat that the crowd is not yet convinced. That is precisely why the payoff exists.
The Read Four of Halvorsen’s top five (FTV, TSM, SCHW, DIS) screen as BUY with double-digit base-case upside in our model; V rates BUY with tighter room to run. The catalysts are non-overlapping: an industrial spinoff compounding buybacks, a 2nm ramp, a payments toll booth, a NIM expansion cycle, and a streaming margin inflection. The Viking book is deliberately diversified across these catalysts. Retail investors have the 13F snapshot. What they do with it before the next quarter of earnings reports closes the window is the only question left.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Taiwan Semiconductor Manufacturing didn't make the cut. Grab the names FREE today.
Key Takeaways FTV is set to report Q2 2026 results on July 29, with revenue and EPS expected to increase year over year.Fortive sees momentum in IOS and AHS, backed by data center demand, AI software and recurring services.FTV expects tariffs to weigh on margins near term, while productivity and buybacks support profitability. Fortive Corporation (FTV - Free Report) is scheduled to report second-quarter 2026 results on July 29.
The Zacks Consensus Estimate for revenues is pegged at $1.06 billion, which implies an increase of 3.9% from the year-ago reported number. The consensus mark for earnings is pegged at 71 cents per share, indicating year-over-year growth of 22.4%.
FTV’s earnings outpaced the Zacks Consensus Estimate in three of the trailing four quarters, while missing in one, with the average surprise being 7.93%.
Fortive’s shares have gained 23.2% compared with the Electronics - Testing Equipment industry’s growth of 32.3% in the past year.
Image Source: Zacks Investment Research
Factors to Note Ahead of FTV’s Q2 ResultsFortive is benefiting from its diversified portfolio of industrial technologies, software and healthcare solutions, with strength across data centers, software and recurring revenue businesses. The company continues to execute its Fortive Accelerated strategy, which focuses on faster, profitable organic growth through the Fortive Business System (FBS), disciplined capital allocation and building investor trust. Management reaffirmed confidence in its 2026-2027 financial framework and indicated that results are trending toward the upper half of its full-year guidance, reflecting strong execution.
The company is witnessing healthy momentum across both Intelligent Operating Solutions (IOS) and Advanced Healthcare Solutions (AHS). Strong demand for Fluke's data center solutions, AI-driven software offerings and recurring services supported growth in the first quarter. Management highlighted broad-based order growth across both segments, with orders outpacing revenue growth, healthy backlog levels and continued traction in recurring revenue businesses. For the second quarter, management expects business momentum to continue, with IOS remaining slightly ahead of AHS.
Fortive's operational discipline and cost initiatives continue to support profitability. The company generated adjusted EBITDA growth of 13% and expanded adjusted EBITDA margin by 140 basis points in the first quarter, driven by operating leverage, structural cost savings and share repurchases. Management expects FBS-led productivity initiatives and disciplined capital allocation to continue supporting margins, while ongoing share buybacks remain a key driver of shareholder returns. These efforts might have benefited the second-quarter performance.
However, Fortive continues to face headwinds from tariffs, which pressured gross margins in the first quarter and are expected to remain a drag through part of the third quarter before easing. Hospital capital spending also remains cautious despite gradual improvement, while macroeconomic uncertainty could continue to weigh on demand in certain end markets.
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 +2.82% and a Zacks Rank #2 at present. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
You can see the complete list of today’s Zacks #1 Rank stocks here.
Other Stocks With the Favorable CombinationHere are a few stocks that you may want to consider, as our model shows that these have the right combination of elements to post an earnings beat this season.
Seagate Technology Holdings plc (STX - Free Report) has an Earnings ESP of +0.47% and a Zacks Rank #1 at present. You can see the complete list of today’s Zacks #1 Rank stocks here.
STX is scheduled to report quarterly figures on July 28. The Zacks Consensus Estimate for Seagate Technology’s to-be-reported quarter’s earnings and revenues is pinned at $5.10 per share and $3.49 billion, respectively. Shares of Seagate Technology are up 470.7% in the past year.
Sensata Technologies Holding plc (ST - Free Report) currently has an Earnings ESP of +0.54% and a Zacks Rank #2. Sensata is scheduled to report quarterly earnings on July 29. The Zacks Consensus Estimate for ST’s to-be-reported quarter’s earnings and revenues stands at 93 cents per share and $964 million, respectively. Shares of Sensata have gained 40.6% in the past year.
Woodward, Inc. (WWD - Free Report) has an Earnings ESP of +5.10% and a Zacks Rank #2 at present. The company is scheduled to report quarterly figures on July 29. The Zacks Consensus Estimate for Woodward’s to-be-reported quarter’s earnings and revenues is pinned at $2.39 per share and $1.11 billion, respectively. Shares of Woodward are up 62.7% in the past year.
Delta Global Management LP cut its position in shares of Fortive Corporation (NYSE:FTV – Free Report) by 71.8% during the 1st quarter, according to the company in its most recent filing with the SEC. The firm owned 8,414 shares of the technology company’s stock after selling 21,467 shares during the quarter. Delta Global Management LP’s holdings in Fortive were worth $465,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors also recently modified their holdings of the company. DV Equities LLC acquired a new stake in shares of Fortive in the fourth quarter valued at $25,000. Root Financial Partners LLC grew its holdings in Fortive by 43.6% during the fourth quarter. Root Financial Partners LLC now owns 553 shares of the technology company’s stock worth $31,000 after acquiring an additional 168 shares during the period. Main Street Group LTD acquired a new position in Fortive during the first quarter worth about $31,000. Geneos Wealth Management Inc. raised its position in Fortive by 246.2% in the first quarter. Geneos Wealth Management Inc. now owns 502 shares of the technology company’s stock worth $37,000 after acquiring an additional 357 shares in the last quarter. Finally, Dorato Capital Management bought a new stake in Fortive in the fourth quarter worth about $45,000. Institutional investors own 94.94% of the company’s stock.
Insider Buying and Selling In other Fortive news, SVP Peter C. Underwood sold 47,557 shares of the firm’s stock in a transaction dated 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 completion of the sale, the senior vice president directly owned 87,780 shares in the company, valued at approximately $5,337,901.80. This trade represents a 35.14% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Corporate insiders own 0.65% of the company’s stock.
Analyst Upgrades and Downgrades FTV has been the subject of a number of research analyst reports. Royal Bank Of Canada upped their price target on shares of Fortive from $59.00 to $63.00 and gave the company a “sector perform” rating in a report on Friday, May 1st. Argus upgraded shares of Fortive from a “hold” rating to a “buy” rating and set a $68.00 target price on the stock in a report on Monday, May 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Fortive in a research note on Friday, May 22nd. Zacks Research cut shares of Fortive from a “strong-buy” rating to a “hold” rating in a report on Tuesday, April 21st. Finally, Citigroup lifted their price target on shares of Fortive from $64.00 to $65.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Two investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $63.00.
Read Our Latest Report on Fortive
Fortive Price Performance NYSE FTV opened at $62.39 on Monday. The stock’s 50-day moving average price is $60.82 and its two-hundred day moving average price is $58.54. The company has a current ratio of 0.71, a quick ratio of 0.57 and a debt-to-equity ratio of 0.43. The company has a market cap of $18.87 billion, a PE ratio of 37.36 and a beta of 1.06. Fortive Corporation has a 1 year low of $46.34 and a 1 year high of $64.33.
Fortive (NYSE:FTV – Get Free Report) last posted its quarterly earnings data on Thursday, April 30th. The technology company reported $0.70 EPS for the quarter, beating analysts’ consensus estimates of $0.64 by $0.06. Fortive had a net margin of 12.84% and a return on equity of 12.66%. The company had revenue of $2.14 billion during the quarter, compared to analyst estimates of $1.04 billion. During the same period in the prior year, the firm earned $0.85 earnings per share. The business’s quarterly revenue was up 7.7% on a year-over-year basis. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. On average, analysts predict that Fortive Corporation will post 2.98 EPS for the current year.
Fortive declared that its Board of Directors has approved a share buyback plan on Monday, May 4th that authorizes the company to buyback 20,000,000 outstanding shares. This buyback authorization authorizes the technology company to repurchase shares of its stock through open market purchases. Shares buyback plans are typically a sign that the company’s board believes its stock is undervalued.
Fortive Announces Dividend The company also recently declared a quarterly dividend, which was paid on Monday, July 6th. Investors of record on Monday, June 22nd were given a $0.06 dividend. This represents a $0.24 annualized dividend and a dividend yield of 0.4%. The ex-dividend date was Monday, June 22nd. Fortive’s dividend payout ratio is 14.37%.
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.
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Cannell & Spears LLC decreased its holdings in shares of Fortive Corporation (NYSE:FTV – Free Report) by 51.8% in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 9,697 shares of the technology company’s stock after selling 10,409 shares during the quarter. Cannell & Spears LLC’s holdings in Fortive were worth $534,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also modified their holdings of the company. Pacific Capital Partners Ltd acquired a new position in shares of Fortive in the 4th quarter valued at $1,794,000. Aberdeen Group plc boosted its position in shares of Fortive by 12.0% in the 4th quarter. Aberdeen Group plc now owns 353,520 shares of the technology company’s stock worth $19,518,000 after purchasing an additional 37,828 shares during the last quarter. Eurizon Capital SGR S.p.A. acquired a new stake in shares of Fortive during the fourth quarter worth $20,387,000. ABN Amro Investment Solutions acquired a new stake in shares of Fortive during the fourth quarter worth $1,229,000. Finally, SG Americas Securities LLC increased its holdings in Fortive by 116.7% in the fourth quarter. SG Americas Securities LLC now owns 174,386 shares of the technology company’s stock valued at $9,628,000 after purchasing an additional 93,896 shares during the last quarter. 94.94% of the stock is owned by institutional investors.
Analysts Set New Price Targets Several equities analysts have weighed in on the company. Morgan Stanley increased their target price on Fortive from $58.00 to $59.00 and gave the company an “equal weight” rating in a research note on Wednesday, June 3rd. Wells Fargo & Company increased their target price on shares of Fortive from $58.00 to $65.00 and gave the stock an “equal weight” rating in a report on Monday, May 4th. Royal Bank Of Canada lifted their price target on shares of Fortive from $59.00 to $63.00 and gave the stock a “sector perform” rating in a research report on Friday, May 1st. Citigroup boosted their price target on shares of Fortive from $64.00 to $65.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Finally, Argus raised shares of Fortive from a “hold” rating to a “buy” rating and set a $68.00 price target for the company in a report on Monday, May 11th. 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 company’s stock. According to MarketBeat, Fortive has a consensus rating of “Hold” and a consensus target price of $63.00.
Check Out Our Latest Stock Report on FTV
Fortive Trading Up 0.1% NYSE:FTV opened at $62.39 on Monday. Fortive Corporation has a fifty-two week low of $46.34 and a fifty-two week high of $64.33. 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 stock has a market capitalization of $18.87 billion, a PE ratio of 37.36 and a beta of 1.06. The business’s 50-day simple moving average is $60.82 and its 200-day simple moving average is $58.54.
Fortive (NYSE:FTV – Get Free Report) last posted its earnings results on Thursday, April 30th. The technology company reported $0.70 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.64 by $0.06. The business had revenue of $2.14 billion during the quarter, compared to analysts’ expectations of $1.04 billion. Fortive had a return on equity of 12.66% and a net margin of 12.84%.Fortive’s revenue for the quarter was up 7.7% compared to the same quarter last year. During the same period in the prior year, the business earned $0.85 EPS. Fortive has set its FY 2026 guidance at 2.900-3.000 EPS. Sell-side analysts expect that Fortive Corporation will post 2.98 earnings per share for the current fiscal year.
Fortive Dividend Announcement The business also recently disclosed a quarterly dividend, which was paid on Monday, July 6th. Stockholders of record on Monday, June 22nd were given a dividend of $0.06 per share. The ex-dividend date of this dividend was Monday, June 22nd. This represents a $0.24 annualized dividend and a dividend yield of 0.4%. Fortive’s dividend payout ratio is currently 14.37%.
Fortive declared that its board has initiated a share buyback program on Monday, May 4th that permits the company to buyback 20,000,000 shares. This buyback authorization permits the technology company to reacquire shares of its stock through open market purchases. Stock buyback programs are generally an indication that the company’s management believes its shares are undervalued.
Insider Activity In related news, SVP Peter C. Underwood sold 47,557 shares of the firm’s stock in a transaction on Monday, May 4th. The shares were 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 in the company, valued at $5,337,901.80. This trade represents a 35.14% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. 0.65% of the stock is owned by corporate 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.
Recommended Stories Five stocks we like better than Fortive RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade? These 4 Earnings Reports Expose the Market’s Growing Economic Divide Broadcom May Be the Biggest Winner From Alphabet’s Earnings Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit 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).
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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.
California 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.
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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 Corporation
Eindhoven, 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
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.
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.
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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
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 Corporation
Eindhoven, 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
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.
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.
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...
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.
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.
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
SG 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.
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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.
Aberdeen 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).
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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.
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.
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.
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 >>>> .
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.
