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Fortive (FTV) Company Profile

Updated Jun 2, 2020
Fortive has the following business profile:
Company's Full Name:Fortive Corp
Short Name:Fortive
Trading Ticker Symbol:FTV
Primary Exchange:NYSE
Headquarter City/Country:Everett, Washington
Primary Industry Sector:Capital Goods
Seconday Sub-sector:Industrial Machinery and Components
Main Business Areas: Capital Goods, Industrial Machinery and ComponentsScientific & Technical Instruments, S&P 500
Dividend Payments:Dividend History
ETFs Holding:List of ETFs holding Fortive stock

Market and Trading Information for Fortive

The following details were available for trading and market data about the stock of Fortive as of writing:
Current Share Price:$64.03
Previous Year's Closing Price:$76.39
Percentage Price Change (YTD):-16.18%
Market Cap:$21.57 billion
52-week Price Range:$37.31 - $83.18
Dividend Per Share:$0.28
EPS (TTM):1.61
Price-Earnings (Trailing):39.84
Price-Earnings (Forward):18.51

Company Profile and Business Description for Fortive

Fortive Corporation, incorporated on November 10, 2015, is a diversified industrial growth company. The Company designs, develops, manufactures and markets professional and engineered products, software and services for a range of end markets. The Company operates through two segments: Professional Instrumentation and Industrial Technologies. The Company's brands operate in field instrumentation, transportation, sensing, product realization, automation and specialty, and franchise distribution markets. As of September 30, 2016, the Company's research and development, manufacturing, sales, distribution, service and administrative facilities were located in approximately 40 countries.

Professional Instrumentation

The Professional Instrumentation segment offers essential products, software and services used to create actionable intelligence by measuring and monitoring a range of physical parameters in industrial applications, including electrical current, radio frequency signals, distance, pressure and temperature. Customers for these products and services include industrial service, installation and maintenance professionals, designers and manufacturers of electronic devices and instruments, and other customers for whom precision and reliability are critical in their specific applications. Its Professional Instrumentation segment consists of its Advanced Instrumentation & Solutions and Sensing Technologies businesses.

The Company's Advanced Instrumentation & Solutions business consists of field solutions and product realization. Its field solutions products include a range of compact professional test tools, thermal imaging and calibration equipment for electrical, industrial, electronic and calibration applications, online condition-based monitoring equipment, and computerized maintenance management software for critical infrastructure in electrical utility and industrial applications. These products and associated software solutions measure voltage, current, resistance, power quality, frequency, pressure, temperature and air quality, among other parameters. Typical users of these products and software include electrical engineers, electricians, electronic technicians, medical technicians, network technicians, and industrial service, installation and maintenance professionals. It also makes and sells instruments, controls and monitoring and maintenance systems used by maintenance departments in electric utilities and industrial facilities to monitor assets, including transformers, generators, motors and switchgear. Products are marketed under a range of brands, including FLUKE, FLUKE BIOMEDICAL, FLUKE NETWORKS and QUALITROL.

The Company's product realization services and products help developers and engineers convert concepts into finished products. Its test, measurement and monitoring products are used in the design, manufacturing and development of electronics, industrial, video and other advanced technologies. Typical users of these products and services include research and development engineers who design, de-bug, monitor and validate the function and performance of electronic components, subassemblies and end-products, and video equipment manufacturers, content developers and broadcasters. The business also provides a full range of design, engineering and manufacturing services and highly-engineered, modular components to enable conceptualization, development and launch of products in the medical diagnostics, cell therapy and consumer markets. It designs, develops, manufactures and markets critical, highly-engineered energetic materials components in specialized vertical applications. Products and services are marketed under a range of brands, including INVETECH, KEITHLEY, PACIFIC SCIENTIFIC ENERGETIC MATERIALS COMPANY and TEKTRONIX.

The Company's Sensing Technologies business offers devices that sense, monitor and control operational or manufacturing variables, such as temperature, pressure, level, flow, turbidity and conductivity. Users of these products span a range of industrial and manufacturing markets, including medical equipment, food and beverage, marine, industrial, off-highway vehicles, building automation and semiconductors. Its modular products and agile supply chain enables customization of solutions for operational requirements and which meet the lead-time needs of its customers. Products in this business are marketed under a range of brands, including ANDERSON-NEGELE, GEMS and SETRA. Manufacturing facilities of its Professional Instrumentation segment are located in North America, Europe and Asia.

Industrial Technologies

The Industrial Technologies segment offers critical technical equipment, components, software and services for manufacturing, repair and transportation markets around the world. It offers fueling, environmental, field payment, vehicle tracking and fleet management solutions that are used in retail, commercial, and private fleet applications, as well as precision motion-control and other specialty products and solutions that enable manufacturing and other process industries around the world. Customers for these products and services include retail and commercial fueling operations, fleet owners, industrial machine original equipment manufacturers (OEMs), commercial auto-repair businesses and other industrial customers. The Company's Industrial Technologies segment consists of its Transportation Technologies, Automation & Specialty Components and Franchise Distribution businesses.

The Company's Transportation Technologies business is a provider of solutions and services focused on fuel dispensing, remote fuel management, point-of-sale and payment systems, environmental compliance, vehicle tracking and fleet management, and traffic management. This business consists of Retail/Commercial Petroleum and Telematics. Its retail/commercial petroleum products include environmental monitoring and leak detection systems; vapor recovery equipment; fuel dispenser systems for petroleum and compressed natural gas; point-of-sale and secure electronic payment technologies for retail petroleum stations; submersible turbine pumps, and remote monitoring and outsourced fuel management services, including compliance services, fuel system maintenance, and inventory planning and supply chain support. Users of these products include independent and company-owned retail petroleum stations, high-volume retailers, convenience stores and commercial vehicle fleets. Its retail/commercial petroleum products are marketed under a range of brands, including ANGI, GASBOY, GILBARCO, GILBARCO AUTOTANK and VEEDER-ROOT. Its telematics products include vehicle tracking and fleet management hardware and software solutions that fleet managers use to position and dispatch vehicles, manage fuel consumption and promote vehicle safety, compliance, operating efficiency and productivity. Typical users of these solutions span a range of industries and include businesses and other organizations that manage vehicle fleets. In addition, its smart traffic products include traffic management hardware and software that municipalities and other communities use. Its telematics products are marketed under a range of brands, including NAVMAN and TELETRAC.

The Company's Automation & Specialty Components business provides a range of electromechanical and electronic motion control products (including standard and custom motors, drives and controls) and mechanical components (such as ball screws, linear bearings, clutches/brakes and linear actuators), as well as supplemental braking systems for commercial vehicles. The automation products are sold in various precision motion markets, such as the markets for packaging equipment, medical equipment, metal forming equipment, robotics and food and beverage processing applications. Customers are typically systems integrators who use its products in production and packaging lines and OEMs that integrate its products into their machines and systems. It is also a supplier of supplemental braking systems for commercial vehicles, selling JAKE BRAKE brand engine retarders for class 6 through 8 vehicles and bleeder and exhaust brakes for class 3 through 7 vehicles. Customers are primarily OEMs of class 3 through class 8 vehicles, and choose suppliers based on their technical expertise and total cost of ownership. Products in this business are marketed under a range of brands, including DYNAPAR, HENGSTLER, JAKE BRAKE, KOLLMORGEN, PORTESCAP and THOMSON.

The Company's Franchise Distribution business consists of Professional Tools and Wheel Service Equipment. The Company manufactures and distributes professional tools, toolboxes and automotive diagnostic equipment through its network of franchised mobile distributors, who sell primarily to professional mechanics under the MATCO brand. It produces a full-line of wheel service equipment, including brake lathes, tire changers, wheel balancers and wheel weights under various brands, including the COATS brands. Users of these products are automotive tire and repair shops. Manufacturing facilities of its Industrial Technologies businesses are located in North America, South America, Europe and Asia.

6920 Seaway Blvd

ETFs Holding Fortive Stock

As of March 2020, the following exchange-traded funds (ETF) hold the Fortive stocks in their respective portfolios. Below is a random list of only 10 ETFs in no particular order that have Fortive stock holding. There are a total of 118 ETFs in Fknol.com records which are holding Fortive stock in their portfolio. See Full List.

TickerNameShort DescriptionExpense
Ratio
No. of
Holdings
Dividend
Frequency
ACIMSPDR MSCI ACWI IMI ETFThe SPDR MSCI ACWI IMI ETF tracks a market-cap-weighted index of global stocks covering 98% of the capitalization of the developed and emerging markets. ...Full Details0.25%906
Full List
Semi-Annually
ACWIiShares MSCI ACWI ETFThe iShares MSCI ACWI ETF tracks a market-cap-weighted index of large- and midcap global stocks, covering 85% of the developed and emerging markets capitalization. ...Full Details ...Candlestick Patterns.0.32%1596
Full List
Semi-Annually
BIBLInspire 100 ETFThe Inspire 100 ETF tracks a market-cap-weighted index of large-cap US stocks, selected based on the firm’s proprietary definition of biblical values. ...Full Details0.35%101
Full List
Quarterly
CATHGlobal X S&P 500 Catholic Values ETFThe Global X S&P 500 Catholic Values ETF tracks an index of US large-cap stocks selected from the S&P 500. The cap-weighted index omits companies from certain industries at odds with Catholic values. ...Full Details0.29%464
Full List
Annually
CRBNiShares MSCI ACWI Low Carbon Target ETFThe iShares MSCI ACWI Low Carbon Target ETF tracks an index of stocks from global firms selected for a bias toward lower carbon emissions, but with tight constraints to the broad, marketlike ACWI index. ...Full Details0.2%1204
Full List
Semi-Annually
DEFInvesco Defensive Equity ETFThe Invesco Defensive Equity ETF tracks an index that aims to outperform in down markets while maintaining upside potential. The equal-weighted index picks 100 US stocks using proprietary methods. ...Full Details0.6%101
Full List
Annually
DGRWWisdomTree US Dividend Growth FundThe WisdomTree U.S. Quality Dividend Growth ETF tracks the performance of the WisdomTree US Dividend Growth Index by investing in large- and midcap dividend-paying US common stocks with growth characteristics. ...Full Details0.28%276
Full List
Monthly
DLNWisdomTree US LargeCap Dividend ETFThe WisdomTree U.S. LargeCap Dividend Fund tracks a dividend-weighted index of the 300 largest US companies that pay regularly pay cash dividends. ...Full Details0.28%294
Full List
Monthly
DSIiShares MSCI KLD 400 Social ETFThe iShares MSCI KLD 400 Social ETF tracks a market-cap-weighted index of 400 companies deemed to have positive environmental, social and governance characteristics by MSCI. ...Full Details0.25%402
Full List
Quarterly
DTDWisdomTree US Total Dividend ETFThe WisdomTree U.S. Total Dividend Fund tracks an index of U.S. companies selected and weighted based on the dollar amount of dividends paid. ...Full Details0.28%864
Full List
Monthly

See Full List of ETFs holding Fortive stock in their respective portfolios.

Peer / Competitor Companies of Industrial Machinery and Components Sector

Along with Fortive Corp, the following other peer (competitor) companies also exist within the same Industrial Machinery and Components - Capital Goods sector whose company profile and dividend history is as follows:

▶ AAON (AAON): AAON, Inc., incorporated on August 18, 1987, is engaged in the engineering, manufacturing, marketing and sale of air conditioning and heating equipment consisting of standard, semi-custom and custom rooftop units, ....See Detailed Company Profile,  Dividend History

▶ Acme United (ACU): Acme United Corporation, incorporated on September 29, 1882, is a supplier of cutting, measuring, first aid and sharpening products to the school, home, office, hardware, sporting goods and industrial markets. ....See Detailed Company Profile,  Dividend History

▶ Advanced Energy Industries (AEIS): Advanced Energy Industries, Inc., incorporated on September 1, 1995, is a provider of engineered, precision power conversion, measurement and control solutions. The Company is engaged in designing, manufacturing, selling and ....See Detailed Company Profile,  Dividend History

▶ AGCO (AGCO): AGCO Corporation, incorporated on April 22, 1991, is a manufacturer and distributor of agricultural equipment and related replacement parts throughout the world. The Company sells a range of agricultural equipment, ....See Detailed Company Profile,  Dividend History

▶ Alamo (ALG): Alamo Group Inc., incorporated on October 22, 1987, is engaged in the design and manufacture of agricultural equipment and infrastructure maintenance equipment for governmental and industrial use. The Company operates ....See Detailed Company Profile,  Dividend History

▶ Altra Industrial Motion (AIMC): Altra Industrial Motion Corp., incorporated on October 20, 2004, is a global designer, producer and marketer of a range of mechanical power transmission (MPT) components. The Company operates through three ....See Detailed Company Profile,  Dividend History

▶ Amtech (ASYS): Amtech Systems, Inc., incorporated on October 22, 1981, is engaged in the manufacture of capital equipment, including thermal processing, silicon wafer handling automation and related consumables used in fabricating solar ....See Detailed Company Profile,  Dividend History

▶ Arotech (ARTX): Arotech Corporation, incorporated on December 20, 1990, is a defense and security products and services company, engaged in providing interactive simulation for military, law enforcement and commercial markets, and batteries ....See Detailed Company Profile,  Dividend History

▶ Art's-Way Manufacturing (ARTW): Art's-Way Manufacturing Co., Inc. manufactures and sells agricultural equipment, specialized modular science buildings, and steel cutting tools worldwide. The company operates through three segments: ....See Detailed Company Profile,  Dividend History

▶ ASML Holding (ASML): ASML Holding N.V., incorporated on October 3, 1994, is a holding company. The Company is a manufacturer of chip-making equipment. The Company is engaged in the development, production, marketing, selling ....See Detailed Company Profile,  Dividend History

▶ Atkore International (ATKR): Atkore International Group Inc., incorporated on November 04, 2010, is a manufacturer of electrical raceway products. The Companys products are primarily offered for non-residential construction and renovation markets, and mechanical ....See Detailed Company Profile,  Dividend History

▶ Axcelis (ACLS): Axcelis Technologies, Inc., incorporated on December 21, 1995, designs, manufactures and services ion implantation and other processing equipment used in the fabrication of semiconductor chips. The Company also provides aftermarket ....See Detailed Company Profile,  Dividend History

▶ Badger Meter (BMI): Badger Meter, Inc., incorporated on March 9, 1905, is a manufacturer and marketer of products incorporating flow measurement, control and communication solutions, serving water utilities, municipalities, and commercial and industrial ....See Detailed Company Profile,  Dividend History

▶ Ballantyne Strong (BTN): Ballantyne Strong, Inc., incorporated on May 30, 1995, is a holding company. The Companys business activities focus on serving the cinema, retail, financial and government markets. The Company and its ....See Detailed Company Profile,  Dividend History

▶ Ballard Power (BLDP): Ballard Power Systems Inc. engages in the design, development, manufacture, sale, and service of proton exchange membrane (PEM) fuel cell products worldwide. The company provides motive power products....See Detailed Company Profile,  Dividend History

▶ Bonso Electronics International (BNSO): Bonso Electronics International Inc., incorporated on August 8, 1988, designs, develops, produces and sells electronic sensor-based and wireless products for private label original equipment manufacturers (OEMs), original brand manufacturers (OBMs) ....See Detailed Company Profile,  Dividend History

▶ Briggs and Stratton (BGG): Briggs & Stratton Corporation (Briggs & Stratton), incorporated on September 2, 1992, is a producer of gasoline engines for outdoor power equipment. The Company designs, manufactures, markets, sells and services ....See Detailed Company Profile,  Dividend History

▶ Brooks Automation (BRKS): Brooks Automation, Inc., incorporated on November 14, 1994, is a provider of automation and cryogenic solutions for various applications and markets. The Company operates through two segments: Brooks Semiconductor Solutions ....See Detailed Company Profile,  Dividend History

▶ Brunswick (BC): Brunswick Corporation, incorporated on December 31, 1907, is a designer, manufacturer and marketer of recreation products. The Company operates through three segments: Marine Engine, Boat and Fitness. The Companys product ....See Detailed Company Profile,  Dividend History

▶ BWX (BWXT): BWX Technologies, Inc., incorporated on March 8, 2010, is a specialty manufacturer of nuclear components and a service provider. The Companys businesses focus on the design, engineering and manufacture of ....See Detailed Company Profile,  Dividend History

... See Full List of All Stocks of Industrial Machinery and Components Sector.

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Stock List of Other Top-level Sectors

▶ Stocks of Sector

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