Last 7 days
-2.2%
Last 30 days
-4.5%
Last 90 days
4.6%
Trailing 12 Months
22.0%
Datesorted ascending | Name | Buy/Sell | $ Value | Avg. Price | # Shares | Title |
---|---|---|---|---|---|---|
2023-08-15 | Mulhall Christopher M. | sold (taxes) | -10,203 | 79.1 | -129 | vp - chief accounting officer |
2023-07-31 | Murphy Patrick K | sold (taxes) | -130,609 | 78.35 | -1,667 | president & ceo of ahs |
2023-07-28 | McLaughlin Charles E | acquired | 460,994 | 27.26 | 16,911 | svp - chief financial officer |
2023-07-28 | Mulhall Christopher M. | sold | -340,862 | 76.84 | -4,436 | vp - chief accounting officer |
2023-07-28 | Murphy Patrick K | sold | -1,667,160 | 76.5 | -21,793 | president & ceo of ahs |
2023-07-28 | LICO JAMES A | sold (taxes) | -8,689,370 | 77.00 | -112,849 | president and ceo |
2023-07-28 | Mulhall Christopher M. | acquired | 131,436 | 29.6295 | 4,436 | vp - chief accounting officer |
2023-07-28 | Mulhall Christopher M. | sold | -361,195 | 76.85 | -4,700 | vp - chief accounting officer |
2023-07-28 | Mulhall Christopher M. | acquired | 113,434 | 29.3187 | 3,869 | vp - chief accounting officer |
2023-07-28 | McLaughlin Charles E | sold | -1,296,400 | 76.66 | -16,911 | svp - chief financial officer |
Datesorted ascending | Fund Name | Type | % Chg | $ Change | $ Held | % Portfolio |
---|---|---|---|---|---|---|
2023-09-21 | Baystate Wealth Management LLC | unchanged | - | 204 | 2,292 | -% |
2023-09-21 | Jefferies Group LLC | new | - | 543,181 | 543,181 | -% |
2023-09-20 | BARCLAYS PLC | added | 75.95 | 22,918,000 | 47,570,000 | 0.03% |
2023-09-12 | Farther Finance Advisors, LLC | reduced | -45.75 | -17,198 | 25,272 | 0.01% |
2023-09-07 | ST GERMAIN D J CO INC | new | - | 16,662,900 | 16,662,900 | 0.88% |
2023-09-07 | Scarborough Advisors, LLC | unchanged | - | 26,858 | 304,256 | 0.07% |
2023-08-29 | EFG Asset Management (Americas) Corp. | reduced | -4.87 | 272,351 | 6,554,850 | 1.52% |
2023-08-28 | DT Investment Partners, LLC | unchanged | - | 3,132 | 16,994 | -% |
2023-08-25 | Brown Shipley& Co Ltd | added | 8.12 | 471,411 | 3,008,220 | 1.23% |
2023-08-25 | EUBEL BRADY & SUTTMAN ASSET MANAGEMENT INC | reduced | -0.94 | 2,041,000 | 25,643,000 | 3.54% |
Date Filed | Name of Filer | Percent of Class | No. of Shares | Form Type | |
---|---|---|---|---|---|
May 10, 2023 | t. rowe price investment management, inc. | 10.2% | 36,069,220 | SC 13G/A | |
Feb 14, 2023 | t. rowe price investment management, inc. | 9.5% | 33,770,658 | SC 13G/A | |
Feb 09, 2023 | vanguard group inc | 11.14% | 39,402,796 | SC 13G/A | |
Feb 07, 2023 | blackrock inc. | 8.6% | 30,542,592 | SC 13G/A | |
Feb 06, 2023 | wellington management group llp | 5.12% | 18,122,141 | SC 13G/A | |
Jun 10, 2022 | price t rowe associates inc /md/ | 11.0% | 39,651,041 | SC 13G/A | |
Feb 14, 2022 | price t rowe associates inc /md/ | 5.5% | 19,758,392 | SC 13G/A | |
Feb 04, 2022 | wellington management group llp | 6.19% | 22,204,547 | SC 13G/A | |
Feb 03, 2022 | blackrock inc. | 9.3% | 33,420,429 | SC 13G/A | |
Apr 12, 2021 | vanguard group inc | 10.05% | 33,965,479 | SC 13G/A |
Date Filed | Form Type | Document | |
---|---|---|---|
Aug 16, 2023 | 4 | Insider Trading | |
Aug 03, 2023 | 4 | Insider Trading | |
Jul 31, 2023 | 4 | Insider Trading | |
Jul 31, 2023 | 4 | Insider Trading | |
Jul 31, 2023 | 4 | Insider Trading | |
Jul 31, 2023 | 4 | Insider Trading | |
Jul 28, 2023 | 144 | Notice of Insider Sale Intent | |
Jul 28, 2023 | 144 | Notice of Insider Sale Intent | |
Jul 26, 2023 | 10-Q | Quarterly Report | |
Jul 26, 2023 | 8-K | Current Report |
Name | Mkt Capsorted ascending | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
---|---|---|---|---|---|---|---|---|
LARGE-CAP | ||||||||
CAT | 140.1B | 64.8B | 0.01% | 61.18% | 16.75 | 2.16 | 19.88% | 23.71% |
ITW | 70.6B | 16.1B | -3.02% | 24.49% | 22.76 | 4.39 | 5.86% | 17.15% |
PCAR | 44.5B | 32.5B | -0.84% | 0.40% | 12.2 | 1.37 | 27.80% | 64.21% |
FTV | 26.1B | 6.0B | -4.51% | 21.99% | 32.69 | 4.38 | 8.29% | 22.02% |
XYL | 18.7B | 6.1B | -9.62% | 0.49% | 42.56 | 3.09 | 15.93% | 12.85% |
MID-CAP | ||||||||
ITT | 7.8B | 3.2B | -2.25% | 39.50% | 18.41 | 2.48 | 11.48% | 25.05% |
DCI | 7.3B | 3.4B | -2.47% | 17.74% | 19.81 | 2.12 | 7.89% | 16.35% |
MIDD | 7.0B | 4.1B | -9.40% | 1.42% | 15.34 | 1.71 | 10.28% | -5.05% |
FLS | 5.1B | 4.0B | 1.57% | 53.13% | 21.48 | 1.29 | 13.86% | 149.05% |
OSK | 5.0B | 9.0B | -3.58% | 29.88% | 18.88 | 0.58 | 13.79% | 139.94% |
ALG | 2.0B | 1.6B | 0.26% | 39.28% | 16.4 | 1.27 | 12.15% | 49.02% |
SMALL-CAP | ||||||||
EPAC | 1.5B | 589.4M | 2.22% | 55.92% | 43.51 | 2.54 | 4.36% | 214.75% |
LNN | 1.3B | 697.1M | -4.88% | -22.56% | 17.77 | 1.81 | -5.05% | 33.25% |
HURC | 141.5M | 229.6M | 3.45% | -7.48% | 32.39 | 0.62 | -9.20% | -52.65% |
8.5%
0.6%
6.9%
63.9%
28.1%
18.1%
Y-axis is the maximum loss one would have experienced if Fortive was unfortunately bought at previous high price.
Income Statement (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Revenue | 1.1% | 5,973 | 5,910 | 5,826 | 5,671 | 5,516 | 5,372 | 5,255 | 5,205 | 5,064 | 4,786 | 4,634 | 4,573 | 4,564 | 4,692 | 4,564 | 5,058 | 5,509 | 5,941 | 6,453 | 6,273 | 6,133 |
Gross Profit | 2.1% | 3,492 | 3,420 | 3,363 | 3,265 | 3,165 | 3,087 | 3,007 | 2,975 | 2,881 | 2,708 | 2,609 | 2,554 | 2,521 | 2,544 | 2,483 | 2,674 | 2,882 | 3,107 | 3,321 | 3,237 | 3,156 |
S&GA Expenses | 1.5% | 2,013 | 1,984 | 1,957 | 1,956 | 1,921 | 1,892 | 1,840 | 1,835 | 1,814 | 1,761 | 1,748 | 1,382 | 1,514 | 1,648 | 1,719 | 1,619 | 1,493 | 1,361 | 1,263 | 1,553 | 1,493 |
R&D Expenses | 0% | 403 | 403 | 402 | 393 | 380 | 368 | 355 | 345 | 337 | 326 | 321 | 212 | 252 | 292 | 320 | 318 | 303 | 287 | 278 | 378 | 376 |
EBITDA | -100.0% | - | 1,083 | 1,055 | 964 | 918 | 1,241 | 1,176 | 2,240 | 2,152 | 2,152 | 2,040 | 633 | 772 | 824 | 927 | - | - | - | - | - | - |
EBITDA Margin | -100.0% | - | 0.18* | 0.18* | 0.17* | 0.17* | 0.23* | 0.22* | 0.43* | 0.43* | 0.40* | 0.35* | 0.10* | 0.11* | 0.11* | 0.13* | - | - | - | - | - | - |
Interest Expenses | 10.8% | 124 | 112 | 98.00 | 91.00 | 90.00 | 94.00 | 103 | 115 | 127 | 138 | 149 | 138 | 148 | 156 | 143 | 124 | 100 | 79.00 | 77.00 | 91.00 | 91.00 |
Earnings Before Taxes | 4.7% | 931 | 889 | 874 | 792 | 750 | 750 | 678 | 1,766 | 1,690 | 1,554 | 1,508 | -51.50 | 84.00 | 217 | 337 | 387 | 409 | 504 | 566 | 938 | 1,029 |
EBT Margin | -100.0% | - | 0.15* | 0.15* | 0.14* | 0.14* | 0.14* | 0.13* | 0.34* | 0.33* | 0.31* | 0.26* | 0.00* | 0.02* | 0.03* | 0.05* | - | - | - | - | - | - |
Net Income | 4.7% | 800 | 764 | 755 | 693 | 655 | 663 | 608 | 1,659 | 1,733 | 1,682 | 1,613 | 591 | 572 | 616 | 739 | 2,658 | 2,697 | 2,817 | 2,914 | 1,138 | 1,161 |
Net Income Margin | -100.0% | - | 0.13* | 0.13* | 0.12* | 0.12* | 0.12* | 0.12* | 0.32* | 0.34* | 0.32* | 0.28* | 0.09* | 0.08* | 0.08* | 0.10* | - | - | - | - | - | - |
Free Cashflow | -100.0% | - | 1,161 | 1,207 | 1,032 | 976 | 971 | 911 | 954 | 1,144 | 1,333 | 1,361 | 1,536 | 1,417 | 1,192 | 1,159 | - | - | - | - | - | - |
Balance Sheet | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Assets | -0.5% | 15,731 | 15,805 | 15,891 | 15,893 | 16,071 | 16,266 | 16,466 | 14,976 | 14,496 | 14,279 | 16,052 | 17,200 | 16,706 | 16,932 | 17,439 | 16,660 | 16,468 | 15,656 | 12,906 | 13,863 | 11,986 |
Current Assets | 0.8% | 2,475 | 2,455 | 2,477 | 2,448 | 2,445 | 2,448 | 2,515 | 2,425 | 3,086 | 2,801 | 4,447 | 3,775 | 3,250 | 3,446 | 3,689 | 3,466 | 3,436 | 5,796 | 3,171 | 3,414 | 4,503 |
Cash Equivalents | 5.9% | 713 | 673 | 709 | 705 | 683 | 684 | 819 | 838 | 1,566 | 1,300 | 1,825 | 1,489 | 1,063 | 1,041 | 1,205 | 1,061 | 1,092 | 3,729 | 1,178 | 1,145 | 2,368 |
Inventory | -1.6% | 561 | 570 | 537 | 561 | 548 | 553 | 513 | 507 | 488 | 467 | 456 | 662 | 665 | 650 | 416 | 681 | 694 | 608 | 575 | 649 | 642 |
Net PPE | 0.1% | 426 | 426 | 422 | 405 | 408 | 413 | 396 | 395 | 400 | 410 | 422 | 514 | 520 | 520 | 416 | 520 | 515 | 468 | 396 | 682 | 690 |
Goodwill | -0.1% | 9,052 | 9,057 | 9,049 | 8,978 | 9,058 | 9,133 | 9,152 | 8,222 | 7,347 | 7,340 | 7,359 | 8,341 | 8,298 | 8,271 | 7,242 | 7,996 | 7,751 | 6,169 | 4,994 | 6,743 | 5,082 |
Current Liabilities | -1.7% | 2,585 | 2,630 | 2,727 | 2,592 | 2,611 | 2,562 | 3,715 | 2,869 | 2,570 | 2,475 | 2,861 | 3,041 | 2,876 | 2,121 | 3,467 | 2,916 | 2,791 | 2,640 | 2,192 | 3,480 | 2,299 |
LT Debt, Current | 0.0% | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 1,000 | 2,152 | 1,143 | 1,135 | 1,126 | 1,400 | 999 | 999 | 250 | 1,500 | 1,000 | 1,000 | 1,055 | 456 | 1,825 | 799 |
LT Debt, Non Current | -5.6% | 1,978 | 2,095 | 2,252 | 2,559 | 2,682 | 2,739 | 1,807 | 1,442 | 1,442 | 1,442 | 2,830 | 4,699 | 4,686 | 5,826 | 4,826 | 5,016 | 5,197 | 4,728 | 2,975 | 3,178 | 2,927 |
Shareholder's Equity | 1.0% | 9,966 | 9,870 | 9,683 | 9,391 | 9,444 | 9,561 | 9,512 | 9,318 | 9,205 | 9,009 | 8,964 | 7,676 | 7,395 | 7,242 | 7,387 | 7,152 | 7,012 | 6,851 | 6,596 | 5,830 | 5,625 |
Retained Earnings | 2.7% | 7,075 | 6,891 | 6,742 | 6,540 | 6,375 | 6,226 | 6,024 | 5,882 | 5,757 | 5,617 | 5,547 | 4,373 | 4,188 | 4,099 | 4,129 | 3,977 | 3,810 | 3,676 | 3,553 | 2,057 | 1,854 |
Additional Paid-In Capital | 1.3% | 3,779 | 3,731 | 3,706 | 3,677 | 3,651 | 3,619 | 3,670 | 3,624 | 3,602 | 3,564 | 3,555 | 3,392 | 3,361 | 3,334 | 3,311 | 3,291 | 3,265 | 3,240 | 3,126 | 3,863 | 3,837 |
Accumulated Depreciation | 2.1% | 789 | 773 | 755 | 741 | 733 | 723 | 679 | 701 | 696 | 680 | 675 | 890 | 868 | 843 | 839 | 826 | 821 | 798 | 890 | 1,135 | 1,115 |
Shares Outstanding | -0.5% | 352 | 354 | 353 | 354 | 357 | 359 | 359 | 359 | 339 | 339 | 338 | 338 | 337 | 337 | 336 | 336 | 399 | 398 | 398 | 416 | 415 |
Minority Interest | 3.4% | 6.00 | 6.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 5.00 | 8.00 | 9.00 | 12.00 | 12.00 | 11.00 | 13.00 | 12.00 | 11.00 | 12.00 | 17.00 | 19.00 | 17.00 |
Cashflow (Last 12 Months) | (In Millions) | |||||||||||||||||||||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Description | (%) Q/Q | 2023Q2 | 2023Q1 | 2022Q4 | 2022Q3 | 2022Q2 | 2022Q1 | 2021Q4 | 2021Q3 | 2021Q2 | 2021Q1 | 2020Q4 | 2020Q3 | 2020Q2 | 2020Q1 | 2019Q4 | 2019Q3 | 2019Q2 | 2019Q1 | 2018Q4 | 2018Q3 | 2018Q2 |
Cashflow From Operations | 2.1% | 1,289 | 1,263 | 1,303 | 1,114 | 1,046 | 1,031 | 961 | 971 | 1,191 | 1,391 | 1,437 | 1,627 | 1,527 | 1,306 | 1,271 | 1,241 | 1,247 | 1,330 | 1,344 | 1,363 | 1,295 |
Share Based Compensation | 3.9% | 105 | 101 | 94.00 | 90.00 | 86.00 | 81.00 | 77.00 | 73.00 | 70.00 | 66.00 | 63.00 | 52.00 | 53.00 | 52.00 | 53.00 | 49.00 | 45.00 | 43.00 | 41.00 | 44.00 | 43.00 |
Cashflow From Investing | 4.3% | -104 | -109 | -102 | -1,500 | -2,639 | -2,624 | -2,615 | -1,226 | -98.20 | -112 | -148 | -692 | -834 | -4,074 | -4,054 | -2,519 | -5,188 | -1,951 | -1,966 | -3,696 | -1,675 |
Cashflow From Financing | -0.4% | -1,131 | -1,127 | -1,273 | 299 | 737 | 974 | 652 | -421 | -635 | -1,067 | -696 | -522 | -702 | 109 | 2,803 | 1,210 | 2,677 | 3,385 | 879 | 2,593 | 1,779 |
Dividend Payments | -0.3% | 99.00 | 99.00 | 100 | 100 | 100 | 99.00 | 98.00 | 96.00 | 95.00 | 95.00 | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 | 94.00 | 95.00 | 96.00 | 97.00 | 98.00 | 97.00 |
Buy Backs | -13.2% | 329 | 379 | 443 | 376 | 243 | 64.00 | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
Consolidated Condensed Statements of Earnings - USD ($) shares in Millions, $ in Millions | 3 Months Ended | 6 Months Ended | ||
---|---|---|---|---|
Jun. 30, 2023 | Jul. 01, 2022 | Jun. 30, 2023 | Jul. 01, 2022 | |
Total sales | $ 1,526.4 | $ 1,463.3 | $ 2,987.1 | $ 2,839.8 |
Total cost of sales | (621.0) | (629.8) | (1,233.5) | (1,214.3) |
Gross profit | 905.4 | 833.5 | 1,753.6 | 1,625.5 |
Operating costs: | ||||
Selling, general and administrative expenses | (514.0) | (484.9) | (1,021.7) | (965.5) |
Research and development expenses | (100.1) | (100.1) | (200.2) | (199.2) |
Russia exit and wind down costs | 0.0 | (16.2) | 0.0 | (16.2) |
Operating profit | 291.3 | 232.3 | 531.7 | 444.6 |
Non-operating income (expense), net: | ||||
Interest expense, net | (33.1) | (21.0) | (65.2) | (39.8) |
Other non-operating expense, net | (7.8) | (3.1) | (10.3) | (5.8) |
Earnings before income taxes | 250.4 | 208.2 | 456.2 | 399.0 |
Income taxes | (41.4) | (35.2) | (73.6) | (60.9) |
Net earnings | $ 209.0 | $ 173.0 | $ 382.6 | $ 338.1 |
Net earnings per share: | ||||
Basic (in dollars per share) | $ 0.59 | $ 0.48 | $ 1.08 | $ 0.94 |
Diluted (in dollars per share) | $ 0.59 | $ 0.48 | $ 1.07 | $ 0.93 |
Average common stock and common equivalent shares outstanding: | ||||
Basic (in shares) | 353.0 | 357.4 | 353.3 | 358.3 |
Diluted (in shares) | 355.5 | 359.8 | 356.0 | 364.2 |
Sales of products and software | ||||
Total sales | $ 1,290.8 | $ 1,229.4 | $ 2,527.4 | $ 2,382.1 |
Total cost of sales | (500.1) | (508.3) | (985.2) | (973.4) |
Sales of services | ||||
Total sales | 235.6 | 233.9 | 459.7 | 457.7 |
Total cost of sales | $ (120.9) | $ (121.5) | $ (248.3) | $ (240.9) |
Consolidated Condensed Balance Sheets - USD ($) $ in Millions | Jun. 30, 2023 | Dec. 31, 2022 |
---|---|---|
Current assets: | ||
Cash and equivalents | $ 712.8 | $ 709.2 |
Trade accounts receivable less allowance for doubtful accounts of $40.4 at June 30, 2023 and $43.9 at December 31, 2022 | 935.2 | 958.5 |
Inventories: | ||
Finished goods | 231.2 | 215.3 |
Work in process | 105.2 | 96.4 |
Raw materials | 224.8 | 225.0 |
Inventories | 561.2 | 536.7 |
Prepaid expenses and other current assets | 265.4 | 272.6 |
Total current assets | 2,474.6 | 2,477.0 |
Property, plant and equipment, net of accumulated depreciation of $789.2 at June 30, 2023 and $754.5 at December 31, 2022 | 425.9 | 421.9 |
Other assets | 474.3 | 455.8 |
Goodwill | 9,051.9 | 9,048.5 |
Other intangible assets, net | 3,304.0 | 3,487.4 |
Total assets | 15,730.7 | 15,890.6 |
Current liabilities: | ||
Current portion of long-term debt | 999.9 | 999.7 |
Trade accounts payable | 585.6 | 623.0 |
Accrued expenses and other current liabilities | 999.5 | 1,104.4 |
Total current liabilities | 2,585.0 | 2,727.1 |
Other long-term liabilities | 1,195.7 | 1,223.3 |
Long-term debt | 1,978.2 | 2,251.6 |
Commitments and Contingencies (Note 8) | ||
Equity: | ||
Common stock: $0.01 par value, 2.0 billion shares authorized; 362.7 million issued and 351.9 million outstanding at June 30, 2023; 361.5 million issued and 352.9 million outstanding at December 31, 2022 | 3.6 | 3.6 |
Additional paid-in capital | 3,778.7 | 3,706.3 |
Treasury shares, at cost | (572.0) | (442.9) |
Retained earnings | 7,075.4 | 6,742.1 |
Accumulated other comprehensive loss | (319.9) | (325.7) |
Total Fortive stockholders’ equity | 9,965.8 | 9,683.4 |
Noncontrolling interests | 6.0 | 5.2 |
Total stockholders’ equity | 9,971.8 | 9,688.6 |
Total liabilities and equity | $ 15,730.7 | $ 15,890.6 |