Fortive Corp Stock Price, News & Analysis

Fluke Networks (NYSE:FTV) has launched its new Versiv Data Center Kits designed to manage and maintain copper and fiber network connectivity in data centers. The launch comes as the data center business is projected to reach $622.4 billion by 2030.

The company introduced three key products: the Fiber and Copper Commissioning and Troubleshooting Kit, Fiber Inspection Kit, and MPO Maintenance and Troubleshooting Kit. These tools can reduce multi-fiber trunk testing time by 80% and offer up to 15% savings when purchased as a kit compared to individual items.

Additionally, Fluke is releasing accessories supporting Very Small Form Factor (VSFF) connectors to increase connection density while maintaining high performance in data centers.

Ralliant (NYSE: RAL) reported Q2 2025 financial results following its separation from Fortive on June 28, 2025. The company posted revenue of $503 million, down 6% year-over-year but up 4% sequentially, with net earnings of $47.6 million and EPS of $0.42 (adjusted EPS: $0.67).

Key developments include a new Cost Savings Program targeting $9-11 million in annualized savings, a $200 million share repurchase authorization, and a quarterly dividend of $0.05 per share. The Sensors & Safety Systems segment showed growth with revenue of $311 million (up 1%), while Test & Measurement revenue declined to $193 million (down 15%).

For Q3 2025, Ralliant expects revenue between $513-527 million, adjusted EBITDA margin of 18-20%, and adjusted EPS of $0.54-0.60.

Fortive (NYSE: FTV) reported Q2 2025 financial results and completed the spin-off of its Ralliant business (former Precision Technologies segment). The company delivered Q2 consolidated earnings at the high end of guidance, with revenue of $1.02 billion from continuing operations, showing a slight decline of 0.4% year-over-year.

Key financial metrics from continuing operations include GAAP net income of $112 million (11.0% margin), adjusted EBITDA of $288 million (28.4% margin), and free cash flow of $180 million. The company deployed $345 million towards share repurchases in H1 2025 and provided full-year 2025 guidance for adjusted diluted EPS of $2.50 to $2.60.

Fluke Reliability (NYSE:FTV) has announced the complete integration of its eMaint Computerized Maintenance Management System (CMMS) with Watchman Services, its AI-powered vibration condition monitoring solution. The integration follows Fluke's 2023 acquisition of Azima DLI and enables real-time data flow between the platforms.

The combined solution allows maintenance teams to receive automatic alerts and create work orders based on AI-driven vibration analytics, helping predict and prevent equipment failures. Key features include machine failure prediction, proactive maintenance strategies, and automated workflow management. The integration aims to reduce unplanned downtime, optimize maintenance costs, and improve overall equipment effectiveness (OEE).

Fluke Corporation (NYSE:FTV) has appointed Parker Burke as President and Group President of Fortive's Connected Reliability Group, effective July 7, 2025. Burke, who previously served as Group President of Fortive's Environmental Health & Safety Group, brings 15 years of leadership experience across Fortive businesses.

Burke will lead both Fluke and Fluke Reliability, focusing on delivering technology and services that help reduce downtime, increase safety, and enhance operational resilience. Under his leadership, the Connected Reliability Group will continue scaling AI-driven solutions, precision measurement, and connected workflows. Burke's background includes service as a U.S. Marine Corps Officer and leadership roles at Gilbarco Veeder-Root and Anderson-Negele.

Fortive (NYSE: FTV) has scheduled its second quarter 2025 earnings conference call for Wednesday, July 30, 2025, at 12:00 p.m. ET. The one-hour presentation will include a webcast and slide presentation accessible through Fortive's website investor section.

Participants can join via phone by dialing 877-407-3110 (U.S.) or 215-268-9915 (international). A replay will be available until August 13, 2025, accessible through the website or by calling 877-660-6853 (U.S.) or 201-612-7415 (international) using Access ID: 13754694. The company has entered its quiet period until the earnings release.

Fortive Corporation (NYSE: FTV) has completed the separation of its Precision Technologies segment through a 100% spin-off of Ralliant Corporation (NYSE: RAL) on June 28, 2025. Shareholders received one share of Ralliant common stock for every three Fortive shares held, with approximately 113 million Ralliant shares distributed.

Concurrent with the separation, Olumide Soroye has been appointed as President, CEO, and Director of Fortive, succeeding James Lico who has retired but will continue as a non-executive senior advisor until year-end. The company reported challenging second quarter conditions, with revenue and core revenue expected to be flat to slightly down, while Ralliant's segment declined mid-single digits. Despite headwinds from tariff-related pricing and customer demand uncertainty, Fortive expects Q2 consolidated adjusted EPS near the mid-point of previous guidance.

The new Fortive emerges with approximately 50% recurring revenue, strong free cash flow generation, and a renewed focus on profitable growth through the Fortive Business System. The company will maintain its NYSE listing under the symbol "FTV" while Ralliant begins trading under "RAL".

Ralliant Corporation is preparing to become a standalone public company following its separation from Fortive Corporation (NYSE: FTV) on June 28, 2025. Led by CEO Tami Newcombe, Ralliant operates in a $16 billion serviceable addressable market as a precision technologies leader. The company expects 3-5% annual revenue growth, with Adjusted EBITDA growing faster than revenue, and over 95% Free Cash Flow conversion, projecting over $1 billion cumulative Free Cash Flow through 2028. Ralliant plans to leverage the Ralliant Business System to drive efficiency, scale, and profitability while focusing on customer-centric innovation and expanding its portfolio. The company aims to maintain high margins and implement a targeted capital allocation strategy that includes returning capital to shareholders and pursuing strategic tuck-in acquisitions.

Fortive (NYSE: FTV) is hosting its 2025 Investor Day to outline its strategy following the upcoming separation of Ralliant Corporation on June 28, 2025. Under incoming CEO Olumide Soroye, Fortive will emerge as a focused company with ten market-leading brands in industrial and healthcare operations. The company highlights its strengths including 50% recurring revenue, strategic market positioning, and the enhanced Fortive Business System (FBS) now integrated with AI capabilities. The company's strategy centers on simplification, acceleration through high recurring revenues, FBS enhancement, and disciplined capital allocation including share repurchases, bolt-on acquisitions, and growing dividends. Fortive reaffirmed its Q2 2025 guidance with expected diluted EPS of $0.44-$0.49 and adjusted diluted EPS of $0.85-$0.90.