T. Rowe Price Associates Reports 7.7% Stake in Fortive Corp (FTV) via Schedule 13G/A

T. Rowe Price Associates, Inc. filed a Schedule 13G/A on May 15, 2026, disclosing a significant increase in its holdings of Fortive Corp (FTV). As of the event date on March 31, 2026, the investment adviser reported beneficial ownership of 23,751,512 shares of common stock, representing a 7.7% ownership stake in the company. This marks a notable increase from a previously reported 0.0% position, indicating a substantial new accumulation of shares. Of the total shares held, the filer possesses sole voting power over 22,512,993 shares and sole dispositive power over the full 23,751,512 shares. The filing was made under Rule 13d-1(b), certifying that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. T. Rowe Price Associates, Inc. is based in Baltimore, Maryland, and is filing as an investment adviser.