These reports highlight various aspects of Fortive Corporation (FTV). Recent updates include an 8.3% increase in Fortive's share value, and a finalized dividend payment. There are also reports of shares bought and sold by a number of investment firms and legal entities. Despite a lowered price target from JPMorgan, Fortive receives a new price target of $81.00 from Truist Financial. Meanwhile, BNP Paribas downgraded the company's rating to neutral. Significant events include Fortive's Q1 2025 earnings conference, the unveiling of a new industrial technology strategy at a JPM conference, plans to separate into two independent public companies, and a change in the company's CEO. Mark Okerstrom takes on the role of Chief Financial Officer, succeeding Chuck E. McLaughlin upon his retirement. Also notable is the creation of a new precision technologies company, Ralliant Corporation, the board of which will consist of Fortive's designees. Despite recent market turbulence, the company announces a regular quarterly dividend. Interested investors will be waiting to see the company's next earnings report.
