The **Fortive Corporation** has been the subject of numerous analysis and moves in the stock market. Wells Fargo & Company MN, among others, have significantly reduced their stakes in the company. On the other hand, **Corient Private Wealth and Quest Partners** have grown their holdings. The company's stock had mixed performances, underperforming some days while exceeding the market on others. Significant events include exceeding Q2 earnings **and revenue estimates**, and surpassing full-year earnings expectations by 16%. However, it had declined lately, despite the decent financials. Buy opportunities have been revealed based on strategic SWOT insight, long term value, and predictions of a turnaround. Despite some fluctuation, Fortive's balance sheet remains healthy, and it announced massive acquisitions - specifically of **EA GmbH and ServiceChannel**. New stakes have been taken by several entities including the International Assets Investment Management, Van ECK Associates Corp, and Mitsubishi UFJ Asset Management. The company has been given an average hold rating by analysts, indicating a cautious but positive trajectory.
Fortive Corporation FTV News Analytics from Mon, 09 Sep 2019 07:00:00 GMT to Sun, 26 May 2024 11:53:28 GMT -
Rating 6
- Innovation 7
- Information 8
- Rumor -3
