Fortive Corporation's shares see diverse market actions. DekaBank Deutsche Girozentrale and HB Wealth Management sell their shares while Paralel Advisors and Generali Asset Management purchase shares. Changes in positions are also observed by TD Asset Management, Robeco Institutional Asset Management, and ST Germain D J Co. Leadership transition sparks speculation about a shift in long-term strategy. Despite a year of muted stock performance, Jim Cramer labels Fortive as great. Wells Fargo and Barclays maintain their 'Hold' rating while TD Cowen downgrades the stock. Q2 earnings are expected to decline and Q1 revenue estimates are missed, precipitating a stock drop. The completion of spin-off with Ralliant and consequent revenue warnings lead to additionally lowered stock prices. Fortive's stock also hits a 52-week low. However, maintaining a regular quarterly dividend payment and announcing resilient earnings post-spinoff paints a mixed picture. Shifting focus to AI and rolling out Fluke’s new ground fault locator indicate a possible innovation trajectory.
Fortive Corporation FTV News Analytics from Wed, 05 Feb 2025 08:00:00 GMT to Sat, 25 Oct 2025 15:15:43 GMT -
Rating 0
- Innovation 4
- Information 7
- Rumor -2
