Anuncio • May 02
Fortive Corporation, Annual General Meeting, Jun 09, 2026 Fortive Corporation, Annual General Meeting, Jun 09, 2026. Anuncio • Apr 04
Fortive Corporation to Report Q1, 2026 Results on Apr 30, 2026 Fortive Corporation announced that they will report Q1, 2026 results on Apr 30, 2026 Anuncio • Feb 26
Fortive Corporation Declares Regular Quarterly Dividend, Payable on March 27, 2026 Fortive Corporation announced that its Board of Directors declared a regular quarterly cash dividend of $0.06 per share of its common stock, par value $0.01 per share, payable on March 27, 2026 to common stockholders of record on March 13, 2026. Anuncio • Jan 08
Fortive Corporation to Report Q4, 2025 Results on Feb 04, 2026 Fortive Corporation announced that they will report Q4, 2025 results on Feb 04, 2026 Anuncio • Nov 07
Fortive Corporation announces Quarterly dividend, payable on December 26, 2025 Fortive Corporation announced Quarterly dividend of USD 0.0600 per share payable on December 26, 2025, ex-date on November 28, 2025 and record date on November 28, 2025. Anuncio • Oct 17
Fortive Corporation Announces Retirement of Stacey Walker as Senior Vice President, Chief People Officer, Effective January 2, 2026 On October 13, 2025, Stacey Walker, Senior Vice President, Chief People Officer, of Fortive Corporation (the “Company”), notified the Company of her decision to retire from the Company effective January 2, 2026. Anuncio • Oct 02
Fluke Corporation Announces the Launch of the Fluke GFL-1500 Ground Fault Locator Fluke Corporation announced the launch of the Fluke GFL-1500 Ground Fault Locator, a breakthrough technology designed to address some of the most persistent pain points faced by solar technicians. The Fluke GFL-1500 enables solar technicians to locate ground faults quickly, safely, using non-contact tracing--reducing the need for multiple disconnections and brute-force testing of individual strings. In utility-scale solar systems, ground faults, which were responsible for 4.0% of all workplace electrical faults from 2011 to 2023, are a common challenge often caused by environmental wear, aging infrastructure, or installation quality issues. These faults can lead to costly downtime and reduced energy output. By streamlining the fault-finding process, the Fluke GFL-500 allows technicians to work more safely, faster, and without disruption--ensuring continuous clean energy production. The Fluke GFL -1500 combines the power of a signal-producing transmitter with a non-contact detection clamp and a non-contact signal receiver to help technicians quickly and accurately pinpoint the location of active ground faults, even on complex arrays. The Fluke GFL the1500 enables technicians to identify the faulted branch and pinpoint the fault location within a string, without relying on detailed site maps or time-consuming test procedures. Locating ground faults has traditionally been a time-consuming, manual, and challenging task for solar technicians. The FlukeGFL-1500 simplifies the process by offering: Complete Workflow Coverage: The GFL-1500 provides a new end-to-end solution that is compatible with 1500V PV systems, locating ground faults anywhere between the inverter and the module. Enhanced Safety: Technicians can troubleshoot with confidence by avoiding unnecessary interactions with energized systems, reducing the risk of injury or damage to system components. Significant Time Savings: Early adopters reported significantly reducing the time to locate hard ground faults. These results will significantly reduce the time it takes to get solar sites back online, while free up technicians to tackle other tasks. User-Friendly Design: Intuitive interface makes it easy to operate for solar technicians with varying levels of experience. Anuncio • Aug 28
Fortive Corporation Declares Regular Quarterly Dividend on Its Common Stock, Payable on September 26, 2025 Fortive Corporation announced that its Board of Directors declared a regular quarterly cash dividend of $0.06 per share on its common stock, par value $0.01 per share, payable on September 26, 2025 to common stockholders of record on September 12, 2025. Anuncio • Jul 03
Fortive Corporation to Report Q2, 2025 Results on Jul 30, 2025 Fortive Corporation announced that they will report Q2, 2025 results on Jul 30, 2025 Anuncio • Jun 10
Fortive Corporation Reaffirms Earnings Guidance for the Second Quarter 2025 Fortive Corporation reaffirmed earnings guidance for the second quarter 2025. For the quarter, the company continues to anticipate diluted net earnings per share of $0.44 to $0.49. Anuncio • May 01
Fortive Corporation Provides Earnings Guidance for the Second Quarter Ending June 27, 2025 and Full Year Ending December 31, 2025 Fortive Corporation provided earnings guidance for the second quarter ending June 27, 2025 and Full Year ending December 31, 2025. For the quarter, the company anticipates diluted net earnings per share of $0.44 to $0.49.
For the year, the company anticipates diluted net earnings per share of $2.23 to $2.43. Anuncio • Apr 22
Fortive Corporation, Annual General Meeting, Jun 03, 2025 Fortive Corporation, Annual General Meeting, Jun 03, 2025. Anuncio • Mar 08
Fortive Corporation Announces Executive Changes, Effective March 24, 2025 On March 4, 2025, the Board of Directors of Fortive Corporation appointed Mark D. Okerstrom as Senior Vice President, effective March 24, 2025. Mr. Okerstrom will succeed Charles E. McLaughlin, who will retire from his role as Senior Vice President on the Effective Date and will continue to serve in a non-executiveofficer role with the Company through December 31, 2025 to assist with the transition. Mr. Okerstrom, age 52, has served as an external advisor at Bain & Company, a leading management consulting firm, since April 2024 and at Advent International, a leading global private equity investment firm, since November 2024. Prior to his time with Bain & Company and Advent International, Mr. Okerstrom served as President and Chief Operating Officer of Convoy Inc., a digital freight network solutions provider, from August 2020 to October 2023. Prior to joining Convoy Inc., Mr. Okerstrom served in various executive officer and director roles at Expedia Group Inc., an online travel company, from 2006 to 2019, including as President, Chief Executive Officer and director from August 2017 to December 2019, Chief Financial Officer from September 2011 to August 2017, Chief Financial Officer and Executive Officer of Operations from August 2014 to August 2017 and Vice President then Senior Vice President of Corporate Development from October 2006 to September 2011. Anuncio • Mar 05
Fortive Corporation Appoints Mark Okerstrom Chief Financial Officer, Effective March 24, 2025 Fortive Corporation announced that Mark Okerstrom has been appointed Chief Financial Officer, effective March 24, 2025. Mr. Okerstrom will succeed Chuck E. McLaughlin who, as previously announced, will be retiring from his role as CFO on March 24, 2025 but will continue to serve in a non-executive officer role through the end of the year to assist with the transition and ensure continuity. Mr. Okerstrom is an accomplished executive with a strong track record of shareholder value creation as a public company CFO, with demonstrated experience in accelerating profitable organic growth and deep expertise in disciplined capital allocation and bolt-on M&A strategies. Over the course of more than 13 years at Expedia Group Inc. Mark held a variety of senior executive roles including SVP of Corporate Development, where he oversaw Expedia’s corporate strategy and M&A activity globally, Chief Financial Officer, EVP of Operations and ultimately President and CEO. As CFO, a role he held for 6 years before being promoted to CEO, Mark had responsibility for all aspects of finance, including planning and analysis, accounting, tax, treasury, internal audit, procurement, real estate and investor relations, as well as corporate strategy and M&A. Mr. Okerstrom was recognized by Institutional Investor Magazine as one of the Top 3 public company CFOs in the Internet sector for three consecutive years (2016, 2017, and 2018). He holds an MBA from Harvard Business School and a JD from the University of British Columbia. He will be based at Fortive’s headquarters in Everett, Washington. Anuncio • Feb 28
Fortive Corporation Appoints Gregory Moore to Its Board of Directors Fortive Corporation announced that its Board of Directors has appointed Gregory Moore, M.D., Ph.D., as a director of Fortive, effective February 26, 2025, with the size of the Board expanded from nine to ten members. In addition, Dr. Moore was appointed to the Compensation Committee and Nominating and Governance Committee. Dr. Moore is an engineer and physician, board certified in Diagnostic Radiology, Neuroradiology and Clinical informatics. He most recently served as the Corporate Vice President of Microsoft Health Life Sciences at Microsoft from 2019 to 2023. Prior to Microsoft, Dr. Moore served as the Vice President and Founder of Google Cloud Healthcare Life Sciences at Google from 2016 to 2019. He currently serves as a Senior Advisor to Gates Ventures and as an Associate Fellow at Stanford University's Center for Artificial Intelligence in Medicine and Imaging. Dr. Moore holds a PhD in Radiological Sciences from Massachusetts Institute of Technology, and MD from Wayne State University School of Medicine. Dr. Moore also serves as a member of the Board of Directors at DaVita Inc. Anuncio • Feb 07
Fortive Corporation Provides Earnings Guidance for the First Quarter Ending March 28, 2025 and Full Year Ending December 31, 2025 Fortive Corporation provided earnings guidance for the first quarter ending March 28, 2025 and full year ending December 31, 2025. For the quarter, the company anticipates revenue of $1.48 billion to $1.51 billion and diluted net earnings per share of $0.39 to $0.42.
For the full year, the company anticipates revenue of approximately $6.23 billion to $6.35 billion and diluted net earnings per share of $2.38 to $2.50. Anuncio • Feb 05
Fortive Announces Board Designees for the New Precision Technologies Company, to Be Named Ralliant Corporation Fortive announced that Ganesh Moorthy is expected to be appointed to Ralliant’s Board of Directors at the time of the separation as an independent Chair of the Board. Founding Fortive board members Alan G. Spoon and Kate D. Mitchell are also expected to be appointed to the Ralliant Board of Directors as independent directors at the time of the planned separation. Ms. Mitchell will also continue to serve as a director of Fortive. Additional Ralliant directors will be determined and announced as the planned separation process progresses. Mr. Moorthy brings extensive director experience from his service on the Board of Directors of companies including Celanese and Rogers Corporation. He most recently served as Chief Executive Officer, President & Board Member at Microchip Technology from 2021 to 2024, where he held various leadership positions since he joined the Company in 2001. Prior to this, he held successive engineering and executive leadership roles at Intel over a period of 19 years. Anuncio • Dec 24
Fortive Corporation to Report Q4, 2024 Results on Feb 07, 2025 Fortive Corporation announced that they will report Q4, 2024 results on Feb 07, 2025 Anuncio • Nov 07
Fortive Declares Regular Quarterly Dividend on Its Common Stock, Payable on December 27, 2024 Fortive Corporation announced that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of its common stock, par value $0.01 per share, payable on December 27, 2024 to common stockholders of record on November 29, 2024. Although Fortive expects to pay dividends on a quarterly basis, any subsequent declaration of dividends, including the amount, the record dates and the payment dates for any such future dividend payments, is subject to the discretion of the Board of Directors. Anuncio • Nov 02
Fortive Corporation Provides Earnings Guidance for the Fourth Quarter and Year Ending December 31, 2024 Fortive Corporation provided earnings guidance for the fourth quarter and year ending December 31, 2024. For the fourth quarter of 2024, the company anticipated revenue of $1.63 billion to $1.65 billion, diluted net earnings per share of $0.72 to $0.75.
For the full year 2024, the company anticipated revenue of approximately $6.24 billion to $6.26 billion, diluted net earnings per share of $2.47 to $2.50, and adjusted diluted net earnings per share of $3.84 to $3.87. Anuncio • Oct 03
Fortive Corporation to Report Q3, 2024 Results on Oct 30, 2024 Fortive Corporation announced that they will report Q3, 2024 results on Oct 30, 2024 Anuncio • Aug 31
Fortive Corporation Declares Regular Quarterly Dividend on Its Common Stock, Payable on September 27, 2024 Fortive Corporation announced that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of its common stock, par value $0.01 per share, payable on September 27, 2024 to common stockholders of record on September 13, 2024. Reported Earnings • Jul 25
Second quarter 2024 earnings released: EPS: US$0.56 (vs US$0.59 in 2Q 2023) Second quarter 2024 results: EPS: US$0.56 (down from US$0.59 in 2Q 2023). Revenue: US$1.55b (up 1.7% from 2Q 2023). Net income: US$195.1m (down 6.7% from 2Q 2023). Profit margin: 13% (down from 14% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 7.0% p.a. on average during the next 3 years, compared to a 6.8% growth forecast for the Global Machinery industry. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 1% per year, which means it has not declined as severely as earnings. Anuncio • Jul 04
Fortive Corporation to Report Q2, 2024 Results on Jul 24, 2024 Fortive Corporation announced that they will report Q2, 2024 results on Jul 24, 2024 Declared Dividend • May 15
First quarter dividend of US$0.08 announced Shareholders will receive a dividend of US$0.08. Ex-date: 31st May 2024 Payment date: 28th June 2024 Dividend yield will be 0.3%, which is lower than the industry average of 3.1%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 8%. Anuncio • Apr 05
Fortive Corporation Declares Regular Quarterly Dividend on Its Common Stock, Payable on June 28, 2024 Fortive Corporation announced that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of its common stock, par value $0.01 per share, payable on June 28, 2024 to common stockholders of record on May 31, 2024. Although Fortive expects to pay dividends on a quarterly basis, any subsequent declaration of dividends, including the amount, the record dates and the payment dates for any such future dividend payments, is subject to the discretion of the Board of Directors. Anuncio • Mar 29
Fortive Corporation to Report Q1, 2024 Results on Apr 24, 2024 Fortive Corporation announced that they will report Q1, 2024 results on Apr 24, 2024 Recent Insider Transactions • Feb 22
Insider recently sold Mex$7.3m worth of stock On the 16th of February, Tamara Newcombe sold around 5k shares on-market at roughly Mex$1,451 per share. This transaction amounted to 8.3% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$8.3m more than they bought in the last 12 months. Valuation Update With 7 Day Price Move • Feb 16
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to Mex$1,432, the stock trades at a forward P/E ratio of 31x. Average forward P/E is 15x in the Machinery industry globally. Total returns to shareholders of 12% over the past year. Simply Wall St's valuation model estimates the intrinsic value at Mex$2,058 per share. Anuncio • Jan 31
Fortive Corporation Provides Guidance for the First Quarter and Full Year 2024 Fortive Corporation provides guidance for the first quarter and full year 2024. For the first quarter of 2024, Fortive anticipates revenue of approximately $1.5 billion, diluted net earnings per share of $0.44 to $0.47.For the full year 2024, Fortive anticipates revenue of approximately $6.4 billion to $6.5 billion, diluted net earnings per share of $2.58 to $2.70. Anuncio • Jan 24
Fortive Corporation Declares Regular Quarterly Dividend on Its Common Stock, Payable on March 28, 2024 Fortive Corporation announced that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of its common stock, par value $0.01 per share, payable on March 28, 2024 to common stockholders of record on February 23, 2024. Anuncio • Dec 22
Fortive Corporation to Report Q4, 2023 Results on Jan 31, 2024 Fortive Corporation announced that they will report Q4, 2023 results on Jan 31, 2024 Anuncio • Dec 06
Tektronix, Inc. and Fortive Release 4 Series B Mixed Signal Oscilloscope, Increasing Processing Power for Quicker Analysis & Data Transfer Speed Tektronix, Inc. and Fortive announced the launch of its 4 Series B Mixed Signal Oscilloscope (MSO) featuring measurement performance capabilities on all channels, unmatched user experience, and advanced analysis capabilities. Made for embedded designers who demand superior accuracy, versatility and ease-of-use, the Tektronix 4 Series B MSO offers the same cutting-edge signal fidelity as the earlier version 4 Series with bandwidths from 200 MHz to 1.5 GHz, real-time sampling at 6.25 GS/s and up to 16-bit vertical resolution. It also includes the same award-winning, made-for-touch user interface, but with an upgraded processor system. Customers will note that the 4 Series B MSO user interface is twice as responsive and boasts significantly accelerated advanced analysis. The 4 Series B MSO is available with up to six input channels, making it well suited for three-phase power analysis, and exclusive Spectrum View provides multi-channel spectrum analysis in sync with time domain waveforms. Along with accelerating front-panel operation, the upgraded processor system also speeds up remote operation. The 4 series B MSO can be remotely accessed and controlled using a simple web browser, dedicated Tektronix PC software, or custom program via a full programming interface. The 4 Series B greatly enhances time to answer on over 25 serial decode packages for inter-chip, automotive, power, aerospace buses, and more. Additionally, it speeds up algorithms and plotting used in existing analysis packages for power supply measurements, motor drive analysis, and double pulse testing. To support that level of unparalleled user experience, the 4 Series B MSO has a 13.3-inch, (1920x1080) HD display using optical bonding for a greater screen contrast and viewing angle. Along with its 12-bit analog-to-digital converters and high sampling rate, the 4 Series B shows in-depth signal detail. The Tektronix 4 Series MSO is now available globally. Upcoming Dividend • Nov 15
Upcoming dividend of US$0.08 per share at 0.4% yield Eligible shareholders must have bought the stock before 22 November 2023. Payment date: 29 December 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Mexican dividend payers (7.3%). Lower than average of industry peers (5.1%). Anuncio • Nov 03
Fortive Corporation Declares Regular Quarterly Cash Dividend, Payable on December 29, 2023 Fortive Corporation announced that its Board of Directors declared a regular quarterly cash dividend of $0.08 per share of its common stock, representing 14% increase over the previous quarterly dividend. The dividend is payable on December 29, 2023 to common stockholders of record on November 24, 2023. Anuncio • Oct 26
Fortive Corporation Provides Earnings Guidance for the Fourth Quarter and Full Year of 2023 Fortive Corporation provided earnings guidance for the fourth quarter and full year of 2023. For the fourth quarter of 2023, the company anticipates revenue of approximately $1.6 billion, diluted net earnings per share of $0.61 to $0.64 and adjusted diluted net earnings per share of $0.92 to $0.95.For the full year 2023, the company anticipates revenue of approximately $6.0 billion to $6.1 billion, diluted net earnings per share of $2.30 to $2.33, and adjusted diluted net earnings per share of $3.37 to $3.40. Reported Earnings • Oct 26
Third quarter 2023 earnings released: EPS: US$0.62 (vs US$0.54 in 3Q 2022) Third quarter 2023 results: EPS: US$0.62 (up from US$0.54 in 3Q 2022). Revenue: US$1.49b (up 2.6% from 3Q 2022). Net income: US$218.0m (up 15% from 3Q 2022). Profit margin: 15% (up from 13% in 3Q 2022). Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 6.9% growth forecast for the Machinery industry in South America. Anuncio • Oct 25
Fortive Corporation (NYSE:FTV) entered into a definitive agreement to acquire Ea Elektro-Automatik Holding Gmbh from Bregal Unternehmerkapital GmbH for $1.45 billion. Fortive Corporation (NYSE:FTV) entered into a definitive agreement to acquire Ea Elektro-Automatik Holding Gmbh from Bregal Unternehmerkapital GmbH for $1.45 billion on October 23, 2023. Fortive expects to finance the acquisition with available cash and debt financing. The acquisition is subject to customary closing conditions and regulatory approvals and is expected to close in early first quarter of 2024. The acquisition is expected to be accretive to adjusted gross and operating margins and neutral to modestly accretive to adjusted diluted net earnings per share in fiscal 2024. Morgan Stanley & Co. LLC and J.P. Morgan Securities LLC served as financial advisors and Freshfields Bruckhaus Deringer served as legal counsel to Fortive. Anuncio • Oct 11
EA Elektro-Automatik Reportedly Attracts Bids Worth Up to USD 2 Billion EA Elektro-Automatik GmbH & Co. KG has attracted acquisition offers valuing the company at between USD 1.5 billion (EUR 1.42 billion) and USD 2 billion including debt, local paper Rheinische Post said on October 9, 2023, citing insiders. The German firm has drawn interest from US sector players such as Emerson Electric Co. (NYSE:EMR), Keysight Technologies, Inc. (NYSE:KEYS) or Fortive Corporation (NYSE:FTV) as well as financial investors including US-based Blackstone Inc. (NYSE:BX), Thomas H. Lee Partners, L.P. (THL Partners) and EQT AB (publ) (OM:EQT). EA’s current owner, Munich-based investment firm Bregal Investments, has been exploring the sale of the firm together with a financial advisor since the start of 2023. Anuncio • Sep 30
Fortive Corporation to Report Q3, 2023 Results on Oct 25, 2023 Fortive Corporation announced that they will report Q3, 2023 results on Oct 25, 2023 Upcoming Dividend • Aug 24
Upcoming dividend of US$0.07 per share at 0.4% yield Eligible shareholders must have bought the stock before 31 August 2023. Payment date: 29 September 2023. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Mexican dividend payers (6.2%). Lower than average of industry peers (4.2%). Anuncio • Aug 18
Fortive Corporation Declares Regular Quarterly Cash Dividend, Payable on September 29, 2023 Fortive Corporation announced 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 29, 2023 to common stockholders of record on September 1, 2023. Recent Insider Transactions • Aug 01
VP & Chief Accounting Officer recently sold Mex$1.1m worth of stock On the 28th of July, Christopher Mulhall sold around 831 shares on-market at roughly Mex$1,281 per share. This transaction amounted to 2.8% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$19m more than they bought in the last 12 months. Anuncio • Jul 27
Fortive Corporation Provides Earnings Guidance for the Third Quarter and Full Year of 2023 Fortive Corporation provided earnings guidance for the third quarter and full year of 2023. For the third quarter, the company anticipates revenue of approximately $1.5 billion, diluted net earnings per share of $0.59 to $0.62.For the full year, the company anticipates revenue of approximately $6.1 billion, diluted net earnings per share of $2.38 to $2.44. Reported Earnings • Jul 27
Second quarter 2023 earnings released: EPS: US$0.59 (vs US$0.48 in 2Q 2022) Second quarter 2023 results: EPS: US$0.59 (up from US$0.48 in 2Q 2022). Revenue: US$1.53b (up 4.3% from 2Q 2022). Net income: US$209.0m (up 21% from 2Q 2022). Profit margin: 14% (up from 12% in 2Q 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.7% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the Machinery industry in South America. Anuncio • Jun 30
Fortive Corporation to Report Q2, 2023 Results on Jul 26, 2023 Fortive Corporation announced that they will report Q2, 2023 results on Jul 26, 2023 Upcoming Dividend • May 18
Upcoming dividend of US$0.07 per share at 0.4% yield Eligible shareholders must have bought the stock before 25 May 2023. Payment date: 30 June 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Mexican dividend payers (6.8%). Lower than average of industry peers (5.2%). Reported Earnings • Apr 27
First quarter 2023 earnings released: EPS: US$0.49 (vs US$0.46 in 1Q 2022) First quarter 2023 results: EPS: US$0.49 (up from US$0.46 in 1Q 2022). Revenue: US$1.46b (up 6.1% from 1Q 2022). Net income: US$173.6m (up 5.1% from 1Q 2022). Profit margin: 12% (in line with 1Q 2022). Revenue is forecast to grow 7.1% p.a. on average during the next 3 years, compared to a 8.0% growth forecast for the Machinery industry in South America. Reported Earnings • Mar 03
Full year 2022 earnings released: EPS: US$2.12 (vs US$1.66 in FY 2021) Full year 2022 results: EPS: US$2.12 (up from US$1.66 in FY 2021). Revenue: US$5.83b (up 11% from FY 2021). Net income: US$755.2m (up 30% from FY 2021). Profit margin: 13% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.7% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Machinery industry in South America. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Feb 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Eric Branderiz was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Feb 03
Full year 2022 earnings released: EPS: US$2.12 (vs US$1.66 in FY 2021) Full year 2022 results: EPS: US$2.12 (up from US$1.66 in FY 2021). Revenue: US$5.83b (up 11% from FY 2021). Net income: US$755.2m (up 30% from FY 2021). Profit margin: 13% (up from 11% in FY 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 5.8% p.a. on average during the next 3 years, compared to a 8.5% growth forecast for the Global Machinery industry. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • Feb 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Eric Branderiz was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Anuncio • Jan 25
Fortive Corporation Declares Regular Quarterly Dividend on its Common Stock, Payable on March 31, 2023 Fortive Corporation announced 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 March 31, 2023 to common stockholders of record on February 24, 2023. Anuncio • Jan 06
Fortive Corporation to Report Q4, 2022 Results on Feb 01, 2023 Fortive Corporation announced that they will report Q4, 2022 results on Feb 01, 2023 Upcoming Dividend • Nov 22
Upcoming dividend of US$0.07 per share Eligible shareholders must have bought the stock before 29 November 2022. Payment date: 30 December 2022. Payout ratio is a comfortable 14% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Mexican dividend payers (6.7%). Lower than average of industry peers (4.5%). Recent Insider Transactions • Nov 16
Senior VP & CFO recently sold Mex$18m worth of stock On the 11th of November, Charles McLaughlin sold around 13k shares on-market at roughly Mex$1,337 per share. This transaction amounted to 13% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Charles' only on-market trade for the last 12 months. Reported Earnings • Oct 26
Third quarter 2022 earnings released: EPS: US$0.54 (vs US$0.42 in 3Q 2021) Third quarter 2022 results: EPS: US$0.54 (up from US$0.42 in 3Q 2021). Revenue: US$1.46b (up 12% from 3Q 2021). Net income: US$189.9m (up 26% from 3Q 2021). Profit margin: 13% (up from 12% in 3Q 2021). The increase in margin was driven by higher revenue. Revenue is forecast to grow 4.4% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Global Machinery industry. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Upcoming Dividend • Aug 23
Upcoming dividend of US$0.07 per share Eligible shareholders must have bought the stock before 30 August 2022. Payment date: 30 September 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Mexican dividend payers (6.2%). Lower than average of industry peers (3.6%). Reported Earnings • Jul 28
Second quarter 2022 earnings released: EPS: US$0.48 (vs US$0.49 in 2Q 2021) Second quarter 2022 results: EPS: US$0.48. Revenue: US$1.46b (up 11% from 2Q 2021). Net income: US$173.0m (up 5.0% from 2Q 2021). Profit margin: 12% (in line with 2Q 2021). Over the next year, revenue is forecast to grow 7.7%, compared to a 34% growth forecast for the industry in Mexico. Upcoming Dividend • May 19
Upcoming dividend of US$0.07 per share Eligible shareholders must have bought the stock before 26 May 2022. Payment date: 24 June 2022. Payout ratio is a comfortable 15% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of Mexican dividend payers (6.0%). Lower than average of industry peers (3.3%). Recent Insider Transactions • May 06
Independent Chairman of the Board recently bought Mex$21m worth of stock On the 2nd of May, Alan Spoon bought around 17k shares on-market at roughly Mex$1,190 per share. This was the largest purchase by an insider in the last 3 months. This was Alan's only on-market trade for the last 12 months. Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: US$0.46 (vs US$0.28 in 1Q 2021) First quarter 2022 results: EPS: US$0.46 (up from US$0.28 in 1Q 2021). Revenue: US$1.38b (up 9.3% from 1Q 2021). Net income: US$165.1m (up 75% from 1Q 2021). Profit margin: 12% (up from 7.5% in 1Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to grow 9.7%, compared to a 16% growth forecast for the industry in Mexico. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Board Change • Mar 30
High number of new directors Director Wright Lassiter was the last director to join the board, commencing their role in 2022. Upcoming Dividend • Feb 17
Upcoming dividend of US$0.07 per share Eligible shareholders must have bought the stock before 24 February 2022. Payment date: 25 March 2022. Payout ratio is a comfortable 17% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of Mexican dividend payers (4.1%). Lower than average of industry peers (2.3%). Reported Earnings • Feb 05
Full year 2021 earnings: EPS in line with expectations, revenues disappoint Full year 2021 results: EPS: US$1.66 (down from US$4.10 in FY 2020). Revenue: US$5.25b (up 13% from FY 2020). Net income: US$579.7m (down 58% from FY 2020). Profit margin: 11% (down from 30% in FY 2020). The decrease in margin was driven by higher expenses. Revenue missed analyst estimates by 1.1%. Over the next year, revenue is forecast to grow 9.9%, compared to a 13,320% growth forecast for the industry in Mexico. Over the last 3 years on average, earnings per share has increased by 37% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Board Change • Feb 03
High number of new directors Director Wright Lassiter was the last director to join the board, commencing their role in 2022. Upcoming Dividend • Nov 17
Upcoming dividend of US$0.07 per share Eligible shareholders must have bought the stock before 24 November 2021. Payment date: 30 December 2021. Trailing yield: 0.4%. Lower than top quartile of Mexican dividend payers (5.0%). Lower than average of industry peers (4.5%). Recent Insider Transactions • Nov 07
Senior VP & General Counsel recently sold Mex$11m worth of stock On the 3rd of November, Peter Underwood sold around 7k shares on-market at roughly Mex$1,601 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of Mex$5.1b more than they bought in the last 12 months. Reported Earnings • Oct 30
Third quarter 2021 earnings released: EPS US$0.42 (vs US$0.62 in 3Q 2020) The company reported a poor third quarter result with weaker earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: US$1.30b (down 32% from 3Q 2020). Net income: US$151.1m (down 28% from 3Q 2020). Profit margin: 12% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 38% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Sep 02
Upcoming dividend of US$0.07 per share Eligible shareholders must have bought the stock before 09 September 2021. Payment date: 24 September 2021. Trailing yield: 0.4%. Lower than top quartile of Mexican dividend payers (5.0%). Lower than average of industry peers (3.6%). Reported Earnings • Jul 30
Second quarter 2021 earnings released: EPS US$0.59 (vs US$0.34 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: US$1.32b (down 16% from 2Q 2020). Net income: US$199.2m (up 76% from 2Q 2020). Profit margin: 15% (up from 7.2% in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Executive Departure • Jun 11
Independent Director Steven Rales has left the company On the 8th of June, Steven Rales' tenure as Independent Director ended after 4.9 years in the role. As of March 2021, Steven still personally held 8.01m shares (Mex$11b worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Executive Departure • Jun 11
Independent Director Mitchell Rales has left the company On the 8th of June, Mitchell Rales' tenure as Independent Director ended after 4.9 years in the role. As of March 2021, Mitchell still personally held 4.00m shares (Mex$5.5b worth at the time). A total of 3 executives have left over the last 12 months. The current median tenure of the management team is 4.92 years. Upcoming Dividend • May 20
Upcoming dividend of US$0.07 per share Eligible shareholders must have bought the stock before 27 May 2021. Payment date: 25 June 2021. Trailing yield: 0.4%. Lower than top quartile of Mexican dividend payers (4.9%). Lower than average of industry peers (3.1%).