Auto-Owners Insurance 13F: Exits Fortive (FTV) Stake

In a filing on October 15, 2026, Auto-Owners Insurance sold out of its position in Fortive Corporation (NYSE: FTV), cutting 4,350 shares. Before this filing, the fund held 4,350 shares, valued at about $250,000. This marks a complete exit from their previous holdings.

Other Institutional Activity in Fortive Corporation

Dodge & Cox Inc. grew its holdings by 824,270 shares, ending with 43,979,772 shares worth about $2.54 billion. In contrast, Blackrock Inc. reduced its position by 5,003,475 shares, finishing with 26,624,052 shares valued at approximately $1.54 billion. Price (T.Rowe) Associates Inc opened an additional 661,850 shares, totaling 24,384,055 shares worth about $1.41 billion. Vanguard Capital Management LLC trimmed its stake by 270,779 shares, now owning 19,936,606 shares valued around $1.15 billion, while Viking Global Investors, L.P. sold off 2,544,672 shares, holding 19,934,762 shares worth about $1.15 billion.

Fortive Corporation Stock Down 0.8%

The recent price of Fortive shares is around $57.29 as of October 16, 2026. This price is below both the 50-day moving average of $57.77 and the 200-day moving average of $58.37. Additionally, it's about 11.3% under the 52-week high of $64.56, indicating some challenges in the stock's performance.

Recent Earnings

Fortive reported a trailing twelve-month revenue of approximately $4.32 billion and an EPS of $1.90. The company has shown a revenue growth of 7.9% year-over-year. Fortive's next earnings report is scheduled for October 28, 2026.

Insider Buying and Selling at Fortive Corporation

Peter C Underwood, an officer at Fortive, sold 47,557 shares at an average price of $60.81 on May 4, 2026, valued at about $2.89 million. Director Wright Lassiter III bought 4 shares at $62.12 on July 2, 2026, totaling $257. On August 10, 2026, Underwood sold another 8,662 shares at $61.59, worth about $533,493. Lassiter bought 5 shares at $55.92 on September 25, 2026, for $300.

Analysts Set New Price Targets

On October 14, 2026, RBC Capital maintained a Sector Perform rating on Fortive, lowering its price target to $59 from $63. Earlier, on October 9, JP Morgan also maintained its Underweight rating, reducing its target from $64 to $56. Argus Research reiterated a Buy rating on August 19, 2026, with a price target of $68.

About Fortive Corporation

Fortive Corporation designs and manufactures a wide range of products and services, primarily in the technology sector. With operations in the U.S. and internationally, it focuses on solutions for industrial and healthcare markets. The recent changes in stake by Auto-Owners Insurance reflect the market's current performance and sentiment surrounding Fortive.

Bottom Line

Auto-Owners Insurance's complete exit from Fortive signals shifting strategies among institutional investors. As Fortive approaches its next earnings report on October 28, investors will be keen to see how the company continues to perform amid mixed analyst ratings and stock price movements. This filing may not fully reflect the current position of Auto-Owners Insurance, as it only accounts for holdings as of the reporting period. Keep in mind that 13F filings are backward-looking: they show holdings as of the end of the reporting quarter and may not represent the fund's current position.