Several investment firms increased their holdings in Fortive Corporation ($FTV), including Perpetual Ltd, Canoe Financial LP, and Family Legacy Financial Solutions LLC. However, some such as Ferguson Wellman Capital Management Inc significantly reduced their stakes. Zacks Research upgraded FTV's rating from sell to hold despite TD Cowen's downgrade. Some concern arises from FTV's stock underperforming the Dow and Fortive's Q2 earnings missing estimates, although there was a beat on revenues. AlphaQuest LLC along with several other management companies reduced their holdings, while others like FORA Capital LLC and Dodge & Cox made new investments. Post the completion of Ralliant spin-off, Fortive Corporation's shares saw a drop in value, further instigating mixed reviews. The company is stepping into a new era with an ambitious AI push aiming to redefine its customer insight and capital allocation strategy.
Fortive Corporation FTV News Analytics from Sat, 08 Feb 2025 08:00:00 GMT to Sat, 20 Sep 2025 22:13:01 GMT - Rating -2 - Innovation 1 - Information 6 - Rumor -3
