Fortive corporation (FTV) has been generating significant interest in recent weeks. Several investors have adjusted their positions, with entities like
Dimensional Fund Advisors LP and
Adage Capital Partners GP L.L.C. growing their stake, while others like the
State of Tennessee Department of Treasury have lowered theirs. The company recently appointed
Mark Okerstrom as their new CFO and announced the board designees for a new company,
Ralliant. FTV's stock position has been raised by entities like
NewEdge Advisors LLC and their Q4 earnings performed above estimates with increased revenues Y/Y. However, the company reported sales below analyst estimates in Q4. Looking ahead, FTV has strong Q4 and full-year 2024 results with hopes of a positive 2025 outlook. However, some investors, like
JPMorgan Chase & Co., have issued pessimistic forecasts for the company's stock price.
Fortive Corporation FTV News Analytics from Sat, 27 Jul 2024 07:00:00 GMT to Sat, 26 Apr 2025 21:56:23 GMT -
Rating 4
- Innovation 1
- Information 3
- Rumor 5