Fortive falls 5.2% as Q1 results are offset by unchanged full-year outlook

Fortive Corporation (FTV) is down 5.2% today. Here is some analysis on what might have caused this price movement.

Analysis: The move appears tied to Fortive’s first-quarter 2026 earnings update, where the company posted solid operating metrics but reiterated (rather than raised) its full-year adjusted EPS range. With the stock heading into the print after a run-up and the quarter benefiting from an extra selling-days tailwind, investors may have focused on the lack of a stronger outlook upgrade.

Details:

Fortive reported Q1 2026 continuing-operations revenue of about $1.07 billion, up 7.7% year over year (5.3% core), with roughly a 150-basis-point benefit from additional selling days.

Adjusted diluted EPS was $0.70 and adjusted EBITDA margin expanded to about 29.3% in the quarter.

Full-year 2026 adjusted EPS guidance was reaffirmed at $2.90 to $3.00, with commentary that performance is trending toward the upper half of the range.

The company also highlighted roughly $500 million of share repurchases in Q1 (about 9 million shares), which may not have been enough to offset investors’ expectations for a more material guidance raise.

Sources:

Fortive (earnings release/8-K), MarketScreener, MarketBeat

Disclaimer: This price movement analysis was generated with the help of AI. Please double-check the information provided for mistakes.

$FTV Insider Trading Activity

$FTV insiders have traded $FTV stock on the open market 3 times in the past 6 months. Of those trades, 0 have been purchases and 3 have been sales.

Here’s a breakdown of recent trading of $FTV stock by insiders over the last 6 months:

PETER C UNDERWOOD (SVP - Chief Legal Officer) sold 58,133 shares for an estimated $2,981,060
KATE MITCHELL sold 7,131 shares for an estimated $416,022
STACEY A. WALKER (SVP - Chief People Officer) sold 2,192 shares for an estimated $110,367

To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API.

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$FTV Hedge Fund Activity

We have seen 297 institutional investors add shares of $FTV stock to their portfolio, and 381 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

UBS AM, A DISTINCT BUSINESS UNIT OF UBS ASSET MANAGEMENT AMERICAS LLC removed 12,249,214 shares (-73.9%) from their portfolio in Q4 2025, for an estimated $676,279,104
NORTHWESTERN MUTUAL WEALTH MANAGEMENT CO added 7,479,776 shares (+102687.8%) to their portfolio in Q4 2025, for an estimated $412,958,432
PRICE T ROWE ASSOCIATES INC /MD/ added 4,532,031 shares (+29.2%) to their portfolio in Q4 2025, for an estimated $250,213,431
PACER ADVISORS, INC. removed 3,222,299 shares (-100.0%) from their portfolio in Q4 2025, for an estimated $177,903,127
MANUFACTURERS LIFE INSURANCE COMPANY, THE added 2,316,202 shares (+70.0%) to their portfolio in Q4 2025, for an estimated $127,877,512
VOLORIDGE INVESTMENT MANAGEMENT, LLC removed 2,075,486 shares (-88.3%) from their portfolio in Q4 2025, for an estimated $114,587,582
NORGES BANK added 2,050,302 shares (+29.9%) to their portfolio in Q4 2025, for an estimated $113,197,173

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API.

$FTV Analyst Ratings

Wall Street analysts have issued reports on $FTV in the last several months. We have seen 1 firms issue buy ratings on the stock, and 1 firms issue sell ratings.

Here are some recent analyst ratings:

JP Morgan issued a "Underweight" rating on 02/11/2026
Baird issued a "Outperform" rating on 11/04/2025

To track analyst ratings and price targets for $FTV, check out Quiver Quantitative's $FTV forecast page.

$FTV Price Targets

Multiple analysts have issued price targets for $FTV recently. We have seen 9 analysts offer price targets for $FTV in the last 6 months, with a median target of $58.0.

Here are some recent targets:

Jamie Cook from Truist Securities set a target price of $56.0 on 04/20/2026
Joseph O'Dea from Wells Fargo set a target price of $58.0 on 04/01/2026
Chris Snyder from Morgan Stanley set a target price of $58.0 on 03/18/2026
Stephen Tusa from JP Morgan set a target price of $63.0 on 02/11/2026
Julian Mitchell from Barclays set a target price of $63.0 on 02/09/2026
Deane Dray from RBC Capital set a target price of $65.0 on 02/05/2026
Andrew Kaplowitz from Citigroup set a target price of $64.0 on 02/05/2026

This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.