Buy Or Sell Opportunity • Jul 29
Now 22% undervalued Over the last 90 days, the stock has risen 1.7% to US$60.95. The fair value is estimated to be US$78.16, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 7.5% over the last 3 years. Earnings per share has declined by 4.6%. For the next 3 years, revenue is forecast to grow by 3.7% per annum. Earnings are also forecast to grow by 9.8% per annum over the same time period. Announcement • Jul 01
Fortive Corporation to Report Q2, 2026 Results on Jul 29, 2026 Fortive Corporation announced that they will report Q2, 2026 results on Jul 29, 2026 Announcement • Jun 29
Fortive Corporation(NYSE:FTV) dropped from Russell 1000 Dynamic Index Fortive Corporation(NYSE:FTV) dropped from Russell 1000 Dynamic Index Declared Dividend • Jun 15
Dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 22nd June 2026 Payment date: 6th July 2026 Dividend yield will be 0.4%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 8%. Announcement • Jun 11
Fortive Corporation announces Quarterly dividend, payable on July 06, 2026 Fortive Corporation announced Quarterly dividend of USD 0.0600 per share payable on July 06, 2026, ex-date on June 22, 2026 and record date on June 22, 2026. Announcement • May 02
Fortive Corporation, Annual General Meeting, Jun 09, 2026 Fortive Corporation, Annual General Meeting, Jun 09, 2026. Reported Earnings • May 01
First quarter 2026 earnings released: EPS: US$0.44 (vs US$0.33 in 1Q 2025) First quarter 2026 results: EPS: US$0.44 (up from US$0.33 in 1Q 2025). Revenue: US$1.07b (up 7.7% from 1Q 2025). Net income: US$136.4m (up 21% from 1Q 2025). Profit margin: 13% (up from 11% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 5% per year whereas the company’s share price has fallen by 3% per year. Announcement • 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 Declared Dividend • Mar 01
Dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 13th March 2026 Payment date: 27th March 2026 Dividend yield will be 30%, which is higher than the industry average of 2.7%. Payout Ratios Payout ratio: 17%. Cash payout ratio: 8%. Announcement • 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. Reported Earnings • Feb 05
Full year 2025 earnings released: EPS: US$1.61 (vs US$2.39 in FY 2024) Full year 2025 results: EPS: US$1.61 (down from US$2.39 in FY 2024). Revenue: US$4.16b (down 33% from FY 2024). Net income: US$532.7m (down 36% from FY 2024). Profit margin: 13% (in line with FY 2024). Revenue is forecast to grow 3.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 1% per year whereas the company’s share price has fallen by 5% per year. Announcement • 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 Upcoming Dividend • Nov 24
Upcoming dividend of US$0.06 per share Eligible shareholders must have bought the stock before 28 November 2025. Payment date: 26 December 2025. Payout ratio is a comfortable 11% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (2.2%). Buy Or Sell Opportunity • Nov 17
Now 21% undervalued Over the last 90 days, the stock has risen 6.0% to US$50.89. The fair value is estimated to be US$64.46, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.0%. For the next 3 years, revenue is forecast to decline by 8.1% per annum. Earnings are also forecast to decline by 1.7% per annum over the same time period. Declared Dividend • Nov 10
Dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 28th November 2025 Payment date: 26th December 2025 Dividend yield will be 35%, which is higher than the industry average of 2.7%. Payout Ratios Payout ratio: 11%. Cash payout ratio: 7%. Announcement • 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. Buy Or Sell Opportunity • Oct 31
Now 21% undervalued Over the last 90 days, the stock has risen 8.3% to US$50.54. The fair value is estimated to be US$63.62, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has grown by 5.0%. For the next 3 years, revenue is forecast to decline by 8.7% per annum. Earnings are also forecast to decline by 2.9% per annum over the same time period. Reported Earnings • Oct 30
Third quarter 2025 earnings released: EPS: US$0.35 (vs US$0.64 in 3Q 2024) Third quarter 2025 results: EPS: US$0.35 (down from US$0.64 in 3Q 2024). Revenue: US$1.03b (down 33% from 3Q 2024). Net income: US$117.0m (down 47% from 3Q 2024). Profit margin: 11% (down from 14% in 3Q 2024). The decrease in margin was driven by lower revenue. Revenue is expected to decline by 8.7% p.a. on average during the next 3 years, while revenues in the Machinery industry in the United Kingdom are expected to grow by 5.0%. Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 6% per year, which means it is significantly lagging earnings. New Risk • Oct 29
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 0.9% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • 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. New Risk • Oct 09
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 4.3% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. This is currently the only risk that has been identified for the company. Announcement • 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. Buy Or Sell Opportunity • Sep 18
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 30% to US$48.60. The fair value is estimated to be US$61.32, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has grown by 6.9%. For the next 3 years, revenue is forecast to decline by 8.3% per annum. Earnings are forecast to grow by 1.3% per annum over the same time period. Declared Dividend • Aug 31
Dividend of US$0.06 announced Shareholders will receive a dividend of US$0.06. Ex-date: 12th September 2025 Payment date: 26th September 2025 Dividend yield will be 38%, which is higher than the industry average of 2.7%. Payout Ratios Payout ratio: 11%. Cash payout ratio: 8%. Announcement • 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. Buy Or Sell Opportunity • Aug 25
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 31% to US$48.61. The fair value is estimated to be US$61.63, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has grown by 6.9%. For the next 3 years, revenue is forecast to decline by 8.7% per annum. Earnings are forecast to grow by 1.4% per annum over the same time period. Buy Or Sell Opportunity • Aug 06
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 32% to US$47.81. The fair value is estimated to be US$60.22, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 3.4% over the last 3 years. Earnings per share has grown by 6.9%. For the next 3 years, revenue is forecast to decline by 8.7% per annum. Earnings are forecast to grow by 1.4% per annum over the same time period. Recent Insider Transactions • Aug 05
Senior VP & CFO recently bought US$1.0m worth of stock On the 1st of August, Mark Okerstrom bought around 21k shares on-market at roughly US$47.03 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. This was the largest purchase by an insider in the last 3 months. This was Mark's only on-market trade for the last 12 months. Reported Earnings • Jul 31
Second quarter 2025 earnings released: EPS: US$0.49 (vs US$0.56 in 2Q 2024) Second quarter 2025 results: EPS: US$0.49 (down from US$0.56 in 2Q 2024). Revenue: US$1.52b (down 2.2% from 2Q 2024). Net income: US$166.6m (down 15% from 2Q 2024). Profit margin: 11% (down from 13% in 2Q 2024). Revenue is expected to decline by 8.8% p.a. on average during the next 3 years, while revenues in the Machinery industry in the United Kingdom are expected to grow by 4.1%. Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. Announcement • 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 Buy Or Sell Opportunity • Jun 30
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 30% to US$51.66. The fair value is estimated to be US$64.40, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 9.9%. Revenue is forecast to grow by 7.0% in 2 years. Earnings are forecast to grow by 39% in the next 2 years. Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment deteriorates as stock falls 25% After last week's 25% share price decline to US$51.66, the stock trades at a forward P/E ratio of 27x. Average forward P/E is 21x in the Machinery industry in the United Kingdom. Total loss to shareholders of 2.0% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$64.40 per share. Announcement • 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. Buy Or Sell Opportunity • Jun 04
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 6.8% to US$72.03. The fair value is estimated to be US$90.14, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 9.9%. Revenue is forecast to grow by 6.9% in 2 years. Earnings are forecast to grow by 37% in the next 2 years. Upcoming Dividend • May 23
Upcoming dividend of US$0.08 per share Eligible shareholders must have bought the stock before 30 May 2025. Payment date: 27 June 2025. Payout ratio is a comfortable 10% and this is well supported by cash flows. Trailing yield: 0.5%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (2.4%). Buy Or Sell Opportunity • May 14
Now 20% undervalued after recent price drop Over the last 90 days, the stock has fallen 9.7% to US$73.35. The fair value is estimated to be US$92.20, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 4.5% over the last 3 years. Earnings per share has grown by 9.9%. For the next 3 years, revenue is forecast to grow by 5.1% per annum. Earnings are also forecast to grow by 16% per annum over the same time period. Reported Earnings • May 02
First quarter 2025 earnings released: EPS: US$0.50 (vs US$0.59 in 1Q 2024) First quarter 2025 results: EPS: US$0.50 (down from US$0.59 in 1Q 2024). Revenue: US$1.47b (down 3.3% from 1Q 2024). Net income: US$171.9m (down 17% from 1Q 2024). Profit margin: 12% (down from 14% in 1Q 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 5.3% p.a. on average during the next 3 years, compared to a 4.8% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Announcement • 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. Announcement • Apr 22
Fortive Corporation, Annual General Meeting, Jun 03, 2025 Fortive Corporation, Annual General Meeting, Jun 03, 2025. Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to US$60.66, the stock trades at a forward P/E ratio of 24x. Average forward P/E is 16x in the Machinery industry in the United Kingdom. Total returns to shareholders of 3.6% over the past three years. Simply Wall St's valuation model estimates the intrinsic value at US$98.52 per share. Declared Dividend • Apr 06
Fourth quarter dividend of US$0.08 announced Dividend of US$0.08 is the same as last year. Ex-date: 30th May 2025 Payment date: 27th June 2025 Dividend yield will be 0.5%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 13%. Cash payout ratio: 8%. Announcement • 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. Recent Insider Transactions • Mar 05
Senior VP & CFO recently sold US$1.2m worth of stock On the 28th of February, Charles McLaughlin sold around 16k shares on-market at roughly US$78.86 per share. This transaction amounted to 18% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Charles has been a net seller over the last 12 months, reducing personal holdings by US$1.7m. Announcement • 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. Announcement • 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. Upcoming Dividend • Feb 21
Upcoming dividend of US$0.08 per share Eligible shareholders must have bought the stock before 28 February 2025. Payment date: 28 March 2025. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (2.2%). Buy Or Sell Opportunity • Feb 08
Now 20% undervalued Over the last 90 days, the stock has risen 6.3% to US$79.12. The fair value is estimated to be US$99.23, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 5.4% over the last 3 years. Earnings per share has grown by 13%. For the next 3 years, revenue is forecast to grow by 5.5% per annum. Earnings are also forecast to grow by 15% per annum over the same time period. Reported Earnings • Feb 07
Full year 2024 earnings released: EPS: US$2.39 (vs US$2.46 in FY 2023) Full year 2024 results: EPS: US$2.39 (down from US$2.46 in FY 2023). Revenue: US$6.23b (up 2.7% from FY 2023). Net income: US$832.9m (down 3.8% from FY 2023). Profit margin: 13% (in line with FY 2023). Revenue is forecast to grow 6.2% p.a. on average during the next 3 years, compared to a 4.6% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 6% per year, which means it is significantly lagging earnings growth. Announcement • 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. Announcement • 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. Declared Dividend • Feb 03
Third quarter dividend of US$0.08 announced Dividend of US$0.08 is the same as last year. Ex-date: 28th February 2025 Payment date: 28th March 2025 Dividend yield will be 0.4%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 13%. Cash payout ratio: 8%. Board Change • Feb 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 5 experienced directors. 3 highly experienced directors. Independent Director Eric Branderiz was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Announcement • 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 Buy Or Sell Opportunity • Dec 12
Now 20% undervalued Over the last 90 days, the stock has risen 5.4% to US$77.64. The fair value is estimated to be US$97.17, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has declined by 3.3%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Buy Or Sell Opportunity • Nov 26
Now 20% undervalued Over the last 90 days, the stock has risen 7.3% to US$78.77. The fair value is estimated to be US$98.50, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.1% over the last 3 years. Earnings per share has declined by 3.3%. For the next 3 years, revenue is forecast to grow by 5.7% per annum. Earnings are also forecast to grow by 14% per annum over the same time period. Upcoming Dividend • Nov 25
Upcoming dividend of US$0.08 per share Eligible shareholders must have bought the stock before 29 November 2024. Payment date: 27 December 2024. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of British dividend payers (5.9%). Lower than average of industry peers (2.4%). Declared Dividend • Nov 11
Third quarter dividend of US$0.08 announced Dividend of US$0.08 is the same as last year. Ex-date: 29th November 2024 Payment date: 27th December 2024 Dividend yield will be 0.4%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 13%. Cash payout ratio: 8%. Announcement • 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. Announcement • 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. Reported Earnings • Oct 31
Third quarter 2024 earnings released: EPS: US$0.64 (vs US$0.62 in 3Q 2023) Third quarter 2024 results: EPS: US$0.64 (up from US$0.62 in 3Q 2023). Revenue: US$1.53b (up 2.7% from 3Q 2023). Net income: US$221.6m (up 1.7% from 3Q 2023). Profit margin: 14% (in line with 3Q 2023). Revenue is forecast to grow 6.4% p.a. on average during the next 3 years, compared to a 5.0% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has fallen by 2% per year. Announcement • 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 Declared Dividend • Sep 08
Second quarter dividend of US$0.08 announced Shareholders will receive a dividend of US$0.08. Ex-date: 13th September 2024 Payment date: 27th September 2024 Dividend yield will be 0.4%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 9%. Announcement • 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 7.5% p.a. on average during the next 3 years, compared to a 4.5% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Announcement • 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 Upcoming Dividend • May 24
Upcoming dividend of US$0.08 per share Eligible shareholders must have bought the stock before 31 May 2024. Payment date: 28 June 2024. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of British dividend payers (5.7%). Lower than average of industry peers (2.1%). Reported Earnings • Apr 25
First quarter 2024 earnings released: EPS: US$0.59 (vs US$0.49 in 1Q 2023) First quarter 2024 results: EPS: US$0.59 (up from US$0.49 in 1Q 2023). Revenue: US$1.52b (up 4.4% from 1Q 2023). Net income: US$207.4m (up 20% from 1Q 2023). Profit margin: 14% (up from 12% in 1Q 2023). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.7% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has increased by 1% per year, which means it is well ahead of earnings. Declared Dividend • Apr 08
Fourth 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 0.4%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 9%. Announcement • 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. Announcement • 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 • Mar 02
Senior VP & CFO recently sold US$3.5m worth of stock On the 28th of February, Charles McLaughlin sold around 41k shares on-market at roughly US$86.28 per share. This transaction amounted to 40% 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 • Feb 29
Full year 2023 earnings released: EPS: US$2.46 (vs US$2.12 in FY 2022) Full year 2023 results: EPS: US$2.46 (up from US$2.12 in FY 2022). Revenue: US$6.07b (up 4.1% from FY 2022). Net income: US$865.8m (up 15% from FY 2022). Profit margin: 14% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.6% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Upcoming Dividend • Feb 15
Upcoming dividend of US$0.08 per share at 0.4% yield Eligible shareholders must have bought the stock before 22 February 2024. Payment date: 28 March 2024. Payout ratio is a comfortable 12% and this is well supported by cash flows. Trailing yield: 0.4%. Lower than top quartile of British dividend payers (6.1%). Lower than average of industry peers (2.2%). Reported Earnings • Feb 01
Full year 2023 earnings released: EPS: US$2.46 (vs US$2.12 in FY 2022) Full year 2023 results: EPS: US$2.46 (up from US$2.12 in FY 2022). Revenue: US$6.07b (up 4.1% from FY 2022). Net income: US$865.8m (up 15% from FY 2022). Profit margin: 14% (up from 13% in FY 2022). The increase in margin was driven by higher revenue. Revenue is forecast to grow 6.9% p.a. on average during the next 3 years, compared to a 4.2% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has fallen by 28% per year but the company’s share price has increased by 5% per year, which means it is well ahead of earnings. Announcement • 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. Declared Dividend • Jan 28
Third quarter dividend of US$0.08 announced Shareholders will receive a dividend of US$0.08. Ex-date: 22nd February 2024 Payment date: 28th March 2024 Dividend yield will be 0.4%, which is lower than the industry average of 2.7%. Payout Ratios Payout ratio: 12%. Cash payout ratio: 9%. Announcement • 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. Announcement • 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 Announcement • 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 British dividend payers (6.2%). Lower than average of industry peers (2.9%). Announcement • 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. Announcement • 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 4.8% growth forecast for the Machinery industry in the United Kingdom. Announcement • 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. Announcement • 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. Announcement • 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 British dividend payers (6.3%). Lower than average of industry peers (2.7%). Announcement • 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. Announcement • 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 5.6% growth forecast for the Machinery industry in the United Kingdom. Over the last 3 years on average, earnings per share has increased by 3% per year whereas the company’s share price has increased by 4% per year. Announcement • 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 
