Fortive Corporation (FTV) has been prominent news recently due to a mixed bag of events and investor sentiment. A significant reduction in the corporation's stake was recorded by Ethic Inc., as FTV is still in the process of staging a modest recovery. The company seems to be underperforming the technology sector and is reportedly undervalued. Amidst this, high-profile investments have been made. For instance, Olstein Capital Management L.P. owns FTV assets worth $4.95m, and Sorros Fund Management LLC has acquired 100,000 shares. Despite Q3 2025 earnings surpassing Wall Street's estimates and an increase year-over-year, disappointments arose from missing Q2 expectations. Amundi, Parkwood LLC, and Natixis have all cut their holdings in FTV, possibly leading to the stock hitting a 52-week low. Subsequent Q3 results have been better than expected, leading to a temporary surge in stock price. However, FTV's stock price continues to be a cause for concern, as it has repeatedly traded lower as a result of completion of the spin-off and subsequent revenue warning, which has brought FTV's valuation, post-separation growth, and strategic focus into question.
Fortive Corporation FTV News Analytics from Wed, 05 Feb 2025 08:00:00 GMT to Sat, 03 Jan 2026 13:29:32 GMT -
Rating -4
- Innovation 3
- Information 4
- Rumor -6
