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Video: What is a Stock Split?
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Fortive is a provider of technologies for connected workflow solutions across a range of end-markets. Co.'s segments include: Intelligent Operating Solutions, which provides workflow solutions to accelerate industrial and facility reliability and performance, as well as compliance and safety across a range of vertical end markets; Precision Technologies, which supplies instrumentation and sensing technologies to a set of vertical end markets, enabling its customers to accelerate the development, manufacture and launch of products and solutions; and Advanced Healthcare Solutions, which supplies workflow solutions to hospitals and other healthcare customers. According to our Fortive stock split history records, Fortive has had 1 split. | |
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Fortive (FTV) has 1 split in our Fortive stock split history database. The split for FTV took place on October 09, 2020. This was a 1195 for 1000 split, meaning for each 1000 shares of FTV owned pre-split, the shareholder now owned 1195 shares. For example, a 1000 share position pre-split, became a 1195 share position following the split.
When a company such as Fortive splits its shares, the market capitalization before and after the split takes place remains stable, meaning the shareholder now owns more shares but each are valued at a lower price per share. Often, however, a lower priced stock on a per-share basis can attract a wider range of buyers. If that increased demand causes the share price to appreciate, then the total market capitalization rises post-split. This does not always happen, however, often depending on the underlying fundamentals of the business.
Looking at the Fortive stock split history from start to finish, an original position size of 1000 shares would have turned into 1195 today. Below, we examine the compound annual growth rate — CAGR for short — of an investment into Fortive shares, starting with a $10,000 purchase of FTV, presented on a split-history-adjusted basis factoring in the complete Fortive stock split history.

Growth of $10,000.00
With Dividends Reinvested
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Start date: |
07/06/2016 |
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End date: |
06/09/2023 |
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Start price/share: |
$39.96 |
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End price/share: |
$68.15 |
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Starting shares: |
250.25 |
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Ending shares: |
257.56 |
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Dividends reinvested/share: |
$1.77 |
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Total return: |
75.53% |
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Average Annual Total Return: |
8.46% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,553.95 |
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Years: |
6.93 |
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Growth of $10,000.00
Without Dividends Reinvested
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Start date: |
07/06/2016 |
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End date: |
06/09/2023 |
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Start price/share: |
$39.96 |
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End price/share: |
$68.15 |
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Dividends collected/share: |
$1.77 |
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Total return: |
74.96% |
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Average Annual Total Return: |
8.41% |
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Starting investment: |
$10,000.00 |
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Ending investment: |
$17,497.96 |
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Years: |
6.93 |
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Date |
Ratio |
10/09/2020 | 1195 for 1000 |
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