Fortive Corporation (FTV) has had mixed results from their recent financial performance. While the stock has outperformed competitors on multiple occasions, there have also been notable losses.
Advisors Asset Management Inc. and
Swedbank AB have recently acquired shares, while
Price T Rowe Associates Inc. MD and
Shell Asset Management Co. have sold shares. Analyst expectations for Q1 and Q2 2024 have been exceeded, leading to raised full-year outlooks. Despite certain issues like cyclical end-market pressures,
Fortive's shares saw an increase over the past year. A potentially bearish signal has been posed, with insiders disposing of stock, but there has been new investment from a number of companies. The stock has recently been upgraded by analysts, with some predicting it as a good long-term value stock. In terms of sustainability,
Fortive has released their 2023 Annual Sustainability Report. Despite an earnings miss in Q2 2024,
Fortive is pushing forward with plans to acquire
EA Holding GmbH.
Fortive Corporation FTV News Analytics from Wed, 25 Oct 2023 07:00:00 GMT to Sat, 03 Aug 2024 20:35:34 GMT -
Rating 4
- Innovation 7
- Information 7
- Rumor -2
