Fortive stake: Dodge & Cox discloses 42,595,794 shares (12.6%)

Rhea-AI Filing Summary

Dodge & Cox filed an amended Schedule 13G reporting a passive stake in Fortive Corporation (FTV). The firm beneficially owned 42,595,794 shares of Fortive common stock, representing 12.6% of the class as of 09/30/2025.

Dodge & Cox reported 39,973,404 shares with sole voting power and 42,595,794 shares with sole dispositive power, with 0 shared voting or dispositive power. The filing notes that clients of Dodge & Cox have rights to dividends and sale proceeds. Dodge & Cox Stock Fund holds an interest of 27,516,926 shares, or 8.1% of the class. The certification states the securities were acquired and are held in the ordinary course and not to influence control.

Insights

Equity Ownership & Disclosure Analyst

Passive 13G/A shows a 12.6% Fortive stake by Dodge & Cox.

Dodge & Cox reports beneficial ownership of 42,595,794 Fortive shares, or 12.6%, with sole voting power over 39,973,404 and sole dispositive power over the full amount. This is filed on a Schedule 13G/A, indicating a passive intent rather than an activist position.

The filing notes clients’ economic rights and highlights the Dodge & Cox Stock Fund at 27,516,926 shares (8.1%). The certification states the holdings are in the ordinary course and not for influencing control. Actual market impact depends on future portfolio decisions, which are not described here.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

Fortive Corporation

(Name of Issuer)

Common Stock

(Title of Class of Securities)

34959J108

(CUSIP Number)

09/30/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 34959J108

1

Names of Reporting Persons

Dodge & Cox

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

CALIFORNIA

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 39,973,404.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 42,595,794.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

42,595,794.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

12.6 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Fortive Corporation
(b)	Address of issuer's principal executive offices: 6920 Seaway Blvd, Everett, WA 98203
Item 2.
(a)	Name of person filing: Dodge & Cox
(b)	Address or principal business office or, if none, residence: 555 California Street 40th Floor, San Francisco, CA 94104
(c)	Citizenship: California, USA
(d)	Title of class of securities: Common Stock
(e)	CUSIP No.: 34959J108
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 42,595,794
(b)	Percent of class: 12.6 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 39,973,404
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 42,595,794
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required. The clients of Dodge & Cox, including investment companies registered under the Investment Company Act of 1940 and other managed accounts, have the right to receive or power to direct the receipt of dividends from, and the proceeds from the sale of, Fortive Corporation. Dodge & Cox Stock Fund, an investment company registered under the Investment Company Act of 1940, has an interest of 27,516,926 or 8.1%, of the class of securities reported herein.
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Dodge & Cox

Signature:	/S/ Katherine M. Primas
Name/Title:	Chief Compliance Officer
Date:	11/13/2025

FAQ

What ownership stake in Fortive (FTV) did Dodge & Cox report?

Dodge & Cox reported beneficial ownership of 12.6% of Fortive’s common stock as of 09/30/2025.

How many Fortive shares does Dodge & Cox beneficially own?

The filing lists 42,595,794 shares beneficially owned.

What voting and dispositive power did Dodge & Cox disclose?

Sole voting power over 39,973,404 shares; sole dispositive power over 42,595,794 shares; 0 shared power.

Which Dodge & Cox fund holds a significant portion of FTV, and how much?

Dodge & Cox Stock Fund has an interest of 27,516,926 shares, or 8.1% of the class.

Is this a passive or activist filing?

It is a Schedule 13G/A with a certification that the securities were acquired and held in the ordinary course and not to influence control.

What is the reported event date for this ownership information?

The date of the event requiring the filing is 09/30/2025.