Fortive Corporation (FTV) is receiving mixed responses from investors and market analysts. Renowned market analyst,
Jim Cramer, labels it a 'great' company but the stock appears to be in a 'show-me' phase, indicating skepticism. Despite this, various entities are investing in the company:
Perpetual Ltd has a $17.54 million stock position and
ORG Partners LLC holds $562,000 worth of the company.
Visonary Horizons LLC is increasing their stock holdings, while others such as
Canoe Financial LP and
Fifth Third Bancorp are reducing their positions. The recent news regarding
Q2 2025 earnings guidance and the announcement of a
massive $550M special buyback program portrays strong financial strategies. There are fluctuations in price targets from various banks due to Q4 earnings and an upcoming investor day. On the other hand, Fortive's stock experienced a 12% drop over one week due to global market turbulence, yet showed promising Q4 2024 earnings with record margins and strong cash flow, displaying resilience. The appointment of a new Chief Financial Officer and the company's strategic plans to separate into two entities have garnered increased attention from the market and stakeholders.
Fortive Corporation FTV News Analytics from Wed, 04 Sep 2024 07:00:00 GMT to Fri, 27 Jun 2025 10:00:38 GMT -
Rating 1
- Innovation 6
- Information 5
- Rumor -4