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Everett Today
By the People, for the People
HighTower Advisors LLC Increases Position in Fortive Corporation $FTV
Institutional investor boosts stake in industrial technology company
Published on Mar. 2, 2026
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HighTower Advisors LLC, a major investment management firm, has increased its position in Fortive Corporation (NYSE:FTV) by 208.8% during the 3rd quarter, according to a recent 13F filing with the SEC. The firm now owns 32,938 shares of the technology company's stock, worth approximately $1.6 million.
Why it matters
This move by HighTower Advisors reflects their increased confidence in Fortive's prospects as an industrial technology company. Fortive has been working to streamline its portfolio and focus on higher-margin instrumentation, software, and services businesses, which may be attracting the attention of institutional investors like HighTower.
The details
According to the 13F filing, HighTower Advisors purchased an additional 22,271 shares of Fortive during the 3rd quarter, bringing their total position to 32,938 shares. This represents a significant 208.8% increase in their holdings of the technology company's stock.
- HighTower Advisors increased its position in Fortive during the 3rd quarter of 2026.
The players
HighTower Advisors LLC
A major investment management firm that has increased its stake in Fortive Corporation.
Fortive Corporation
A diversified industrial technology company headquartered in Everett, Washington, that has been focusing on higher-margin instrumentation, software, and services businesses.
The takeaway
HighTower Advisors' increased investment in Fortive suggests that the firm sees potential in the company's strategic shift towards higher-margin technology-driven businesses. This move could signal growing institutional confidence in Fortive's ability to navigate the evolving industrial technology landscape.
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