Fortive Corporation (FTV) is experiencing varied activity in the market.
Prudential PLC has acquired 15,242 shares, while
Baird continues to maintain its outperform recommendation. Various other entities like
EFG Asset Management Americas Corp. and
Generali Investments Management Co LLC are reducing their stakes.
Jim Cramer has praised FTV, calling it a 'Great Company'. Other shares have been bought by entities like
Universal Beteiligungs and
Geode Capital Management LLC. However,
Q2's earnings missed estimates, leading to a drop in stock. FTV's operational streamlining and share buybacks may shape its investment narrative.
Aviva PLC and
KBC Group NV have purchased shares, meanwhile,
King Luther Capital Management Corp has sold a significant amount of FTV shares. The company has declared a regular quarterly dividend on its common stock and is replenishing its general share repurchase authorization. Despite a downgrading by
TD Cowen, the company's Q3 earnings and revenues managed to beat estimates, leading to an increase in the stock. Overall, this flurry of activity presents a mixed yet intriguing picture for potential investors.
Fortive Corporation FTV News Analytics from Thu, 01 May 2025 07:00:00 GMT to Sat, 22 Nov 2025 11:56:42 GMT -
Rating 4
- Innovation 0
- Information 7
- Rumor 1
