<div id="readability-page-1"><p>Perpetual Ltd increased its holdings in shares of  Fortive Corporation (NYSE:FTV - Free Report) by 40.7% in the third quarter, according to the company in its most recent filing with the SEC. The institutional investor  owned 613,793 shares of the technology company's stock after purchasing an additional 177,689 shares during the quarter. Perpetual Ltd owned 0.18% of Fortive worth $30,070,000 as of its most recent filing with the SEC.</p><ul><li>Buying the Dip in Fortive Stock is a Strong Move</li></ul><p>Other hedge funds have also recently bought and sold shares of the company. True Wealth Design LLC grew its stake in  Fortive by 815.4% during the second quarter. True Wealth Design LLC now owns 476 shares of the technology company's stock worth $25,000 after buying an additional 424 shares during the period.  Geneos Wealth Management Inc. boosted its position in  Fortive by 246.2% during the 1st quarter. Geneos Wealth Management Inc. now owns 502 shares of the technology company's stock worth $37,000 after purchasing an additional 357 shares during the period.  Capital Analysts LLC increased its holdings in  Fortive by 41.0% in the 1st quarter. Capital Analysts LLC now owns 523 shares of the technology company's stock valued at $38,000 after purchasing an additional 152 shares in the last quarter.  Banque Transatlantique SA increased its holdings in  Fortive by 92.8% in the 1st quarter. Banque Transatlantique SA now owns 561 shares of the technology company's stock valued at $38,000 after purchasing an additional 270 shares in the last quarter.  Finally, CYBER HORNET ETFs LLC purchased a new position in  Fortive in the second quarter valued at about $48,000. Hedge funds and other institutional investors own  94.94% of the company's stock. </p><h2>Insiders Place Their Bets</h2><p>In related news, SVP Stacey A. Walker sold 2,192 shares of the company's stock in a transaction dated Friday, October 31st. The shares were sold at an average price of $50.35, for a total value of $110,367.20. Following the completion of the sale, the senior vice president owned 59,488 shares of the company's stock, valued at $2,995,220.80. This represents a 3.55% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. 0.92% of the stock is owned by insiders. </p><h2>Fortive Stock Up 0.4%</h2><p>NYSE:FTV opened at $54.88 on Friday. The company has a debt-to-equity ratio of 0.33, a quick ratio of 0.58 and a current ratio of 0.70. The company has a market capitalization of $17.43 billion, a price-to-earnings ratio of 31.36, a price-to-earnings-growth ratio of 3.29 and a beta of 1.13. Fortive Corporation has a one year low of $46.34 and a one year high of $83.32. The stock has a 50-day simple moving average of $51.77 and a 200 day simple moving average of $53.06. </p><p>Fortive (NYSE:FTV - Get Free Report) last posted its quarterly earnings results on Monday, June 9th. The technology company reported $0.80 earnings per share (EPS) for the quarter. The company had revenue of $1.07 billion for the quarter. Fortive had a net margin of 11.72% and a return on equity of 12.04%.  Sell-side analysts predict that  Fortive Corporation will post 4.05 EPS for the current fiscal year. </p><h2>Fortive Announces Dividend</h2><p>The business also recently disclosed a quarterly dividend, which will be paid on Friday, December 26th. Investors of record on Friday, November 28th will be paid a dividend of $0.06 per share. This represents a $0.24 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Friday, November 28th. Fortive's payout ratio is currently 13.71%. </p><h2>Analysts Set New Price Targets</h2><p>A number of equities research analysts have recently issued reports on FTV shares. Zacks Research upgraded Fortive from a &#34;strong sell&#34; rating to a &#34;hold&#34; rating in a research note on Monday, September 15th. Truist Financial  restated a &#34;hold&#34; rating and issued a $58.00 price target (up previously from $55.00) on shares of Fortive in a report on Thursday, October 30th. Weiss Ratings  reaffirmed a &#34;sell (d+)&#34; rating on shares of Fortive in a report on Monday. Robert W. Baird boosted their price objective on shares of Fortive from $57.00 to $58.00 and gave the stock an &#34;outperform&#34; rating in a report on Tuesday, November 4th. Finally, Mizuho dropped their target price on Fortive from $65.00 to $54.00 and set an &#34;outperform&#34; rating on the stock in a research report on Friday, October 17th. Three equities research analysts have rated the stock with a Buy rating, thirteen have issued  a Hold rating and one  has assigned  a Sell rating to the company's stock. According to MarketBeat.com, Fortive presently has an average rating of &#34;Hold&#34; and a consensus target price of $57.54.</p><p><b>Check Out Our Latest Stock Analysis on Fortive</b></p><h2>About Fortive</h2> (Free Report)<p>Fortive Corporation <span>NYSE: FTV<span></span></span> is a diversified industrial technology company headquartered in Everett, Washington. The company was created through a spin‑off from Danaher Corporation in 2016 and has since focused on building a portfolio of professional instrumentation and industrial technology businesses. In 2020 Fortive completed a further portfolio separation with the spin‑off of Vontier, concentrating Fortive's activities on higher‑margin instrumentation, software and services.  </p><p>Fortive's operations center on professional test and measurement, sensing and monitoring, software‑enabled solutions, and lifecycle services that support industrial and commercial customers.</p><h2>Read More</h2><ul><li>Five stocks we like better than Fortive</li><li>What does consumer price index measure? </li><li>MarketBeat Week in Review – 12/15 - 12/19</li><li>How to Profit From Value Investing </li><li>Nike Beats on Earnings But Struggles in China and Faces Tariffs</li><li>Why Are Stock Sectors Important to Successful Investing?</li><li>Is the AI Boom a Bubble? These 2 Dividend Stocks Say No</li></ul><p><strong>Want to see what other hedge funds are holding FTV?</strong> Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Fortive Corporation (NYSE:FTV - Free Report).</p><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZUVg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="650" height="350" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/SECFilingChart.ashx/query-UHJlZml4PU5ZU0UmU3ltYm9sPUZUVg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><h2>Should You Invest $1,000 in Fortive Right Now?</h2><p>Before you consider Fortive, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Fortive wasn't on the list.</p><p>While Fortive currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p>                  </div>

<p>Perpetual Ltd increased its holdings in Fortive Corporation by 40.7% in Q3, owning 613,793 shares worth $30,070,000. Analysts have mixed ratings on Fortive, with Truist Financial and Robert W. Baird issuing 'hold' and 'outperform' ratings, respectively. Fortive's stock opened at $54.88, with a market cap of $17.43 billion. The company announced a quarterly dividend of $0.06 per share, payable on December 26th.</p>

Fortive Corporation $FTV Shares Acquired by Perpetual Ltd