Fortive Corporation (FTV) has been experiencing significant investor activity as evident by the numerous buying and selling of its shares by various institutional investors. Notably, Woodline Partners LP, USS Investment Management Ltd, Meiji Yasuda Asset Management Co Ltd, Millennium Management LLC, Royal Bank of Canada, and AlphaQuest LLC have reduced their positions in FTV. Conversely, Caxton Associates LLP, Goldman Sachs Group Inc, Amundi, United Services Automobile Association, Select Equity Group L.P., and many others have enhanced their holdings. The corporation's
Q2 earnings fell short of estimates, while its revenues beat forecasts, causing fluctuations in FTV's stock. Fortive has launched a new growth strategy focusing on
AI and aims to generate 50% recurring revenue under the new CEO, signaling a push towards resilience and growth. The company's completed spin-off of Ralliant was accompanied by warnings of Q2 pressure and a drop in stock value. FTV's future course is marked by a balance between AI-driven customer insight and capital allocation strategy, starting a new era post-Ralliant's spin-off.
Fortive Corporation FTV News Analytics from Thu, 06 Feb 2025 08:00:00 GMT to Sun, 14 Sep 2025 00:19:44 GMT -
Rating 3
- Innovation 4
- Information 6
- Rumor -4
