Welcome to our dedicated page for Fortive Corporation news (Ticker: FTV), a resource for investors and traders seeking the latest updates and insights on Fortive Corporation stock.
Fortive Corporation (FTV) is a global conglomerate comprising over 20 industry-leading companies, unified by a common mission: to make the world stronger, safer, and more effective by delivering essential technology to those driving progress. Established in 2016 following its spin-off from Danaher, Fortive has built a strong heritage and a proven track record of growth.
The company operates across various fast-evolving sectors such as software development, robotics, transportation, energy, and healthcare. Its portfolio includes mission-critical products and services in areas like field solutions, product realization, health, and sensing technologies. Serving a diverse range of markets including manufacturing, utilities, medical, and electronics, Fortive generated approximately $6.1 billion in revenue in 2023.
Fortive's commitment to innovation and growth is evident in its vibrant culture that emphasizes continuous learning, empowerment, and opportunity. This dynamic environment balances the excitement of a startup with the stability of an established organization, providing extraordinary opportunities for both the company and its employees. Fortive's financial strength and foundation of success ensure its ability to tackle significant challenges with real-world impact.
Fortive Corporation (NYSE: FTV) declared a quarterly cash dividend of $0.07 per share, payable on June 24, 2022, to stockholders of record on May 27, 2022. This announcement underscores Fortive's commitment to returning value to its shareholders. While the company anticipates maintaining a quarterly dividend schedule, future declarations are subject to Board discretion. Fortive operates in essential technology markets, employing over 18,000 staff worldwide, and is headquartered in Everett, Washington.
Fortive Corporation (NYSE:FTV) announced that its President and CEO, James A. Lico, will present at the Bank of America Global Industrials Conference on March 15, 2022, at 4:50 a.m. ET. The presentation will be available via audio webcast and archived on Fortive's website. Fortive provides essential technologies across multiple end-markets, supported by a dedicated workforce of over 18,000 employees globally. The company focuses on continuous improvement and operates under the Fortive Business System.
Fortive Corporation (NYSE: FTV) announced that President and CEO James A. Lico will present at the J.P. Morgan Industrials Conference on March 16, 2022, at 11:20 a.m. ET. The presentation will be webcast live and later archived on www.fortive.com. Fortive provides essential technologies across various sectors including Intelligent Operating Solutions and Advanced Healthcare Solutions, employing over 18,000 people globally. For more details, visit www.fortive.com.
Fortive Corporation (NYSE:FTV) has authorized a share repurchase program allowing for the purchase of up to 20 million shares of its common stock. CEO James A. Lico stated this action reflects confidence in the company's strategy and strong free cash flow. The timing and amount of share repurchases will depend on market conditions and management's discretion, with no expiration date set for the program. This initiative aims to enhance total shareholder returns while maintaining focus on disciplined mergers and acquisitions.
Fortive Corporation (NYSE: FTV) announced that CEO James A. Lico and CFO Charles E. McLaughlin will present at the Barclays Industrial Select Conference on February 24, 2022, at 9:45 a.m. ET. The presentation will be available via live webcast and archived on their official website, www.fortive.com. Fortive operates across several sectors, including Intelligent Operating Solutions and Precision Technologies, employing over 18,000 people worldwide. The company is based in Everett, Washington.
Fortive Corporation (NYSE: FTV) announced that President and CEO James A. Lico, along with CFO Charles E. McLaughlin, will present at the Citi 2022 Global Industrial Tech and Mobility Conference on Wednesday, February 23, 2022, at 10:30 a.m. ET. The presentation will be available via a live audio webcast, archived on www.fortive.com. Fortive specializes in connected workflow solutions across various markets and employs over 18,000 people globally.
Fortive Corporation (NYSE: FTV) reported strong financial performance for 2021, with net earnings of $614 million and revenues of $5.25 billion, reflecting a 13.4% increase year-over-year. The company achieved core revenue growth of 9.5% and an operating profit margin expansion of 210 basis points. For Q4, revenues rose to $1.37 billion, with GAAP EPS of $0.46 and adjusted EPS of $0.79, up 13% from the previous year. Looking ahead, Fortive anticipates 2022 adjusted EPS between $3.00 and $3.13, driven by strong demand and recent acquisitions.
Fortive Corporation (NYSE: FTV) has declared a quarterly cash dividend of
Censis Technologies announces the retirement of CEO Randy Smith, effective March 31, 2022. Smith has led the company since 2006, establishing it as a leader in surgical asset management solutions in the U.S. Ankush Kaul will succeed him as President on January 18. Kaul, previously with Setra Systems and affiliated with Fortive, expresses excitement about continuing Censis's innovation and growth. Censis provides SaaS solutions aimed at improving operational efficiency in healthcare settings, with over 1,300 hospitals using its CensiTrac® technology.
Fortive Corporation (NYSE: FTV) will host its fourth quarter 2021 earnings conference call on February 3, 2022, at 12:00 p.m. ET. The call will last approximately 1 hour and can be accessed via the company’s website or by phone. A replay will be available two hours after the call until February 16, 2022. Fortive is currently in a quiet period, refraining from interactions with investors until the earnings release. The company specializes in connected workflow solutions across various markets and employs over 18,000 people globally.
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