Fortive Corporation (FTV) has had a turbulent period with varied investor upshots.
111 Capital purchased 27,626 shares of FTV at the same time
Parsons Capital Management Inc and
Mountain Pacific Investment Advisers LLC sold their shares. Various asset management companies increased their stake, including
Lecap Asset Management Ltd. and
IFM Investors Pty Ltd, while others, like
Wedge Capital Management L L P NC, cut their positions. Amidst these movements, FTV's stock has stumbled to a 52-week low twice. After completion of the
Ralliant spin-off, the valuation and narrative of FTV's investments met a new evaluation. Q2 Earnings exceeded expectations despite the FTV shares trading lower afterwards due to revenue challenges. This spin-off also drew criticism from analyst TD Cowen, leading to a downgrade of FTV stock. However, at the
Morgan Stanley Conference, FTV's management provided a strategic update on its valuation. FTV announced
Olumide Soroye as the new CEO post the Ralliant spin-off, along with a fresh growth strategy positioned to navigate the future.
Fortive Corporation FTV News Analytics from Wed, 05 Feb 2025 08:00:00 GMT to Sat, 04 Oct 2025 10:28:45 GMT -
Rating -4
- Innovation 6
- Information 8
- Rumor -6
