Company Overview - Fortive Corporation, based in Everett, Washington, operates as a technology company providing industrial technology and professional instrumentation solutions globally, with a market cap of $17.1 billion [1] Stock Performance - Fortive's stock reached a 52-week high of $83.32 on February 20 and is currently trading 35% below that peak [2] - Over the past three months, FTV stock has gained 12.8%, underperforming the Technology Select Sector SPDR Fund's (XLK) 11.5% increase during the same period [2] - Year-to-date, FTV stock has declined by 27.8% and 31.4% over the past year, contrasting with XLK's 27% surge in 2025 and 22.6% returns over the past 52 weeks [3] Recent Financial Results - Following the release of better-than-expected Q3 results on October 29, Fortive's stock prices increased by 2.4% [4] - The company's overall sales for the quarter grew 2.3% year-over-year to over $1 billion, exceeding Street expectations by 2.1% [4] - Adjusted EPS rose by 15.3% year-over-year to $0.68, surpassing consensus estimates by 17.2% [4] Analyst Ratings - Among the 19 analysts covering FTV stock, the consensus rating is a "Hold" [5] - The mean price target for FTV is $56.50, indicating a modest upside potential of 4.4% [5]