Fortive (NYSE:FTV) CAO Sells $1,177,588.72 in Stock

02 Nov 2026, 21:08 by Renee Jackson · The Cerbat Gem

Fortive Corporation (NYSE:FTV – Get Free Report) CAO Christopher Mulhall sold 17,962 shares of the company’s stock in a transaction dated Friday, October 30th. The shares were sold at an average price of $65.56, for a total transaction of $1,177,588.72. Following the completion of the transaction, the chief accounting officer owned 44,598 shares in the company, valued at approximately $2,923,844.88. This trade represents a 28.71% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Fortive Trading Up 2.4%

Shares of NYSE FTV traded up $1.53 during midday trading on Monday, reaching $66.77. 3,835,360 shares of the stock were exchanged, compared to its average volume of 2,498,612. The company has a market capitalization of $20.16 billion, a P/E ratio of 20.61, a P/E/G ratio of 2.57 and a beta of 1.07. Fortive Corporation has a 52-week low of $49.03 and a 52-week high of $67.30. The company has a current ratio of 1.23, a quick ratio of 1.00 and a debt-to-equity ratio of 0.59. The stock has a 50 day moving average price of $57.90 and a 200-day moving average price of $58.71.

Fortive (NYSE:FTV – Get Free Report) last posted its quarterly earnings data on Wednesday, October 28th. The technology company reported $0.77 earnings per share for the quarter, beating analysts’ consensus estimates of $0.70 by $0.07. Fortive had a net margin of 14.83% and a return on equity of 15.79%. The business had revenue of $1.11 billion during the quarter, compared to analyst estimates of $1.07 billion. During the same quarter in the previous year, the business posted $0.68 earnings per share. The company’s revenue was up 7.8% on a year-over-year basis. Equities research analysts expect that Fortive Corporation will post 3.12 earnings per share for the current fiscal year.

Fortive Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Shareholders of record on Friday, September 4th were issued a $0.07 dividend. This is a boost from Fortive’s previous quarterly dividend of $0.06. The ex-dividend date was Friday, September 4th. This represents a $0.28 annualized dividend and a yield of 0.4%. Fortive’s payout ratio is presently 13.33%.

Analyst Upgrades and Downgrades

FTV has been the topic of several analyst reports. Royal Bank Of Canada raised their price objective on Fortive from $59.00 to $68.00 and gave the stock a “sector perform” rating in a report on Thursday. JPMorgan Chase & Co. upped their target price on Fortive from $56.00 to $59.00 and gave the company an “underweight” rating in a research note on Thursday. Argus reissued a “buy” rating and issued a $68.00 price target on shares of Fortive in a research note on Wednesday, August 19th. Mizuho set a $55.00 price target on Fortive in a report on Thursday. Finally, Evercore initiated coverage on shares of Fortive in a research note on Monday, September 28th. They set a “hold” rating and a $60.00 price objective for the company. Two investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $64.36.

Check Out Our Latest Stock Analysis on FTV

Institutional Trading of Fortive

Several institutional investors have recently made changes to their positions in FTV. Mather Group LLC. raised its position in shares of Fortive by 86.8% in the 3rd quarter. Mather Group LLC. now owns 467 shares of the technology company’s stock worth $26,000 after buying an additional 217 shares during the period. Virtus Advisers LLC acquired a new position in Fortive in the second quarter valued at $30,000. Keating Financial Advisory Services Inc. acquired a new position in Fortive in the second quarter valued at $30,000. Main Street Group LTD purchased a new stake in Fortive during the first quarter valued at about $31,000. Finally, Dakota Community Bank & Trust NA grew its position in Fortive by 59.2% during the first quarter. Dakota Community Bank & Trust NA now owns 702 shares of the technology company’s stock valued at $39,000 after acquiring an additional 261 shares during the period. 94.94% of the stock is owned by hedge funds and other institutional investors.

About Fortive

(Get Free Report)

Fortive Corporation (NYSE: FTV) is a diversified industrial technology company that develops and provides products, software and services designed to improve the productivity, safety, reliability and efficiency of businesses and public-sector organizations. Its offerings support customers in industries including manufacturing, healthcare, utilities, transportation, commercial facilities and government.