Fortive Co. (NYSE:FTV) continues to draw significant attention in the market. Several investment firms, including
MJP Associates Inc. ADV and
Graham Capital Management L.P., have adjusted their stakes in the company. Notably,
Cresset Asset Management LLC and
First Manhattan CO. LLC have increased their holdings. While some insiders, such as
Peter Underwood, have been selling Fortive stock,
Rep. Robert Bresnahan, Jr. has purchased shares. Notably, Fortive’s CEO made a multi-million dollar stock sale.
Bank of America Corp DE significantly reduced its shares, and the former
Wolfspeed CFO is anticipated to lead a $40B spin-off designated
Ralliant. Amidst multiple outlook revisions and a
price target raise from
JP Morgan to $87,
Ameriprise Financial Inc. acquired a large amount of Fortive shares. Despite meeting
Q1 earning estimates, the stock dropped following
revenue misses and Q1 projections are now focusing on tariffs, segment divergence, and leadership transitions. Fortive is speculated to attend the
BofA Securities Industrials, Transportation & Airlines Key Leaders Conference and has declared
regular quarterly dividends.
Fortive Corporation FTV News Analytics from Wed, 04 Sep 2024 07:00:00 GMT to Sat, 17 May 2025 22:10:20 GMT -
Rating 2
- Innovation 4
- Information 7
- Rumor -4
