A wide range of market indicators for
Fortive Corporation (FTV) are presented. The stock has underperformed in comparison to competitors on several occasions, while investing firms like
Teacher Retirement System of Texas and Principal Financial Group have off-loaded FTV shares. Meanwhile,
Norges Bank, International Assets Investment Management, and Mitsubishi UFJ Asset Management have made new investments, and others, such as Brown Advisory and Panagora Asset Management increased their stakes.
Q1 and Q3 2024 earnings reports were impressive, with FTV exceeding analyst expectations, leading to an elevation in full-year outlook. A
16% EPS beat was notable, and despite a recent 4.7% downturn following the latest earnings report, FTV's balance sheet is considered healthy. The acquisition of
EA Elektro-Automatik is set to boost FTV's Tektronix business, while ServiceChannel's acquisition for approximately $1.2 billion promises exciting future prospects. Analyst ratings oscillate around "Hold
Fortive Corporation FTV News Analytics from Mon, 09 Sep 2019 07:00:00 GMT to Thu, 23 May 2024 20:43:00 GMT -
Rating 3
- Innovation 6
- Information 7
- Rumor 2
