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Fortive Corporation FTV - News Analyzed: 5,351 - Last Week: 100 - Last Month: 400

β†— Fortive Corporation (FTV) on the Move: Mergers, Acquisitions, and Board Changes Pave the Way

Fortive Corporation (FTV) on the Move: Mergers, Acquisitions, and Board Changes Pave the Way
SG Americas Securities LLC recently sold 54,998 shares of Fortive Co. Meanwhile, notable changes are coming to Fortive's Board ahead of their 2025 Annual Meeting. Wall Street expects growth in Fortive's earnings. However, recent performance has been underwhelming compared to competitors despite daily gains. Financial health seems to be affecting recent performance. Despite this, Andreas Halvorsen is bullish on Fortive's stock. Also, shareholder activities show increasing interest with RFG Advisory LLC and Mar Vista Strategic Growth altering their stakes. Fortive announces board chair changes and reveals its plan to split into two public companies. Apart from this, Fortive's recent Q3 missed revenue estimates and there is caution among insiders selling stock worth US$5.9m. Notably, Fortive's SVP has sold $382,900 in common stock. Nevertheless, there remains favorable analyst perspective among 10 ratings. In a major development, Fortive has acquired German manufacturer EA Elektro-Automatik for $1.45 billion.

Fortive Corporation FTV News Analytics from Mon, 09 Sep 2019 07:00:00 GMT to Sat, 01 Feb 2025 21:15:30 GMT - Rating 2 - Innovation 5 - Information 7 - Rumor -4

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