Wedge Capital Management L L P NC Sells 19,521 Shares of Fortive Corporation $FTV

22 Dec 2025, 08:24 by Amy Steele · The Cerbat Gem

Wedge Capital Management L L P NC cut its holdings in shares of Fortive Corporation (NYSE:FTV – Free Report) by 11.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 158,377 shares of the technology company’s stock after selling 19,521 shares during the quarter. Wedge Capital Management L L P NC’s holdings in Fortive were worth $7,759,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in the business. Perpetual Ltd raised its stake in Fortive by 40.7% during the 3rd quarter. Perpetual Ltd now owns 613,793 shares of the technology company’s stock valued at $30,070,000 after purchasing an additional 177,689 shares during the period. Board of the Pension Protection Fund purchased a new stake in Fortive during the 3rd quarter valued at approximately $142,000. Kennebec Savings Bank lifted its holdings in shares of Fortive by 9.7% in the third quarter. Kennebec Savings Bank now owns 5,334 shares of the technology company’s stock worth $261,000 after buying an additional 470 shares in the last quarter. Voya Investment Management LLC boosted its position in shares of Fortive by 14.0% during the third quarter. Voya Investment Management LLC now owns 507,055 shares of the technology company’s stock worth $24,841,000 after acquiring an additional 62,127 shares during the last quarter. Finally, RDA Financial Network grew its stake in Fortive by 51.1% during the third quarter. RDA Financial Network now owns 8,314 shares of the technology company’s stock valued at $407,000 after acquiring an additional 2,810 shares in the last quarter. 94.94% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity at Fortive

In other news, SVP Stacey A. Walker sold 2,192 shares of Fortive stock in a transaction that occurred on Friday, October 31st. The shares were sold at an average price of $50.35, for a total transaction of $110,367.20. Following the completion of the sale, the senior vice president owned 59,488 shares of the company’s stock, valued at approximately $2,995,220.80. The trade was a 3.55% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.92% of the company’s stock.

Wall Street Analyst Weigh In

Several research firms have commented on FTV. Morgan Stanley increased their price objective on shares of Fortive from $50.00 to $53.00 and gave the company an “equal weight” rating in a report on Wednesday, November 5th. Zacks Research upgraded Fortive from a “strong sell” rating to a “hold” rating in a research report on Monday, September 15th. Weiss Ratings reissued a “sell (d+)” rating on shares of Fortive in a research note on Monday, December 15th. Robert W. Baird lifted their price objective on Fortive from $57.00 to $58.00 and gave the stock an “outperform” rating in a research note on Tuesday, November 4th. Finally, Wall Street Zen upgraded Fortive to a “hold” rating in a research report on Friday, September 5th. Three analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $57.54.

View Our Latest Research Report on FTV

Fortive Trading Up 0.4%

Shares of NYSE FTV opened at $54.88 on Monday. Fortive Corporation has a fifty-two week low of $46.34 and a fifty-two week high of $83.32. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.58 and a current ratio of 0.70. The company has a market cap of $17.43 billion, a price-to-earnings ratio of 31.36, a PEG ratio of 3.31 and a beta of 1.13. The business’s 50 day moving average price is $51.77 and its 200-day moving average price is $52.79.

Fortive (NYSE:FTV – Get Free Report) last announced its quarterly earnings data on Monday, June 9th. The technology company reported $0.80 EPS for the quarter. Fortive had a return on equity of 12.04% and a net margin of 11.72%.The company had revenue of $1.07 billion for the quarter. On average, sell-side analysts expect that Fortive Corporation will post 4.05 earnings per share for the current year.

Fortive Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, December 26th. Shareholders of record on Friday, November 28th will be 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 is Friday, November 28th. Fortive’s dividend payout ratio is currently 13.71%.

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.