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Fortive Corporation - FTV STOCK NEWS

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.

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Fortive Corporation (NYSE: FTV) has announced that CEO Jim Lico and CFO Chuck McLaughlin will present at the J.P. Morgan 2021 Industrials Conference on March 15, 2021, at 2:50 p.m. ET. The presentation will be available via a live audio webcast on Fortive's website, where it will also be archived for later access. Fortive, headquartered in Everett, Washington, specializes in connected workflow solutions across various sectors, supported by a workforce of over 17,000 employees globally.

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Fortive Corporation (NYSE: FTV) announced that Chuck McLaughlin, Senior Vice President and CFO, will present at the Citi 2021 Global Industrials Virtual Conference on February 18, 2021, at 2:40 p.m. ET. The presentation will be webcasted live and subsequently archived on www.fortive.com. Fortive specializes in essential technologies across various markets, focusing on intelligent operating solutions and advanced healthcare technologies, employing over 17,000 globally.

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Fortive today announced that CEO Jim Lico and CFO Chuck McLaughlin will present at the Barclays Industrial Select Conference on February 17, 2021, at 1:30 p.m. ET. This presentation will be available via a live audio webcast, which will also be archived on Fortive's website. Fortive specializes in essential technologies for connected workflow solutions with strong positions in intelligent operating solutions, precision technologies, and advanced healthcare solutions. The company is based in Everett, Washington, and employs over 17,000 people globally.

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Fortive Corporation (NYSE: FTV) reported strong fourth quarter results for 2020, with net earnings from continuing operations of $1.25 billion and adjusted net earnings of $252.9 million. The company experienced a 4.9% year-over-year revenue increase, totaling $1.3 billion, driven by 0.7% core revenue growth. Adjusted diluted net earnings per share rose by 19% year-over-year to $0.70. Looking ahead, Fortive anticipates first quarter 2021 diluted net earnings per share between $0.18 and $0.22.

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Fortive Corporation (NYSE: FTV) has appointed Read Simmons as Senior Vice President of Strategy and promoted Jonathan Schwarz to Senior Vice President of Corporate Development, effective February 1, 2021. Simmons joins from Vista Equity Partners, where he led strategy development, while Schwarz retains M&A responsibilities and adds oversight of tax and treasury functions. CEO Jim Lico emphasizes that Simmons will enhance Fortive’s strategic direction and capital allocation, supporting accelerated growth in critical software-enabled workflow solutions following a significant portfolio transformation.

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Fortive Corporation (NYSE: FTV) has declared a quarterly cash dividend of $0.07 per share on its common stock, payable on March 26, 2021, to stockholders of record by February 26, 2021. Additionally, a dividend of $12.50 per share on its 5.00% Mandatory Convertible Preferred Stock, Series A, will be paid on April 1, 2021, to preferred stockholders of record by March 15, 2021. While Fortive plans to pay dividends quarterly, future payments are at the Board's discretion.

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Fortive Corporation (NYSE: FTV) will host its earnings conference call for Q4 2020 on February 4, 2021, at 5:30 p.m. ET, lasting about an hour. Investors can access the call through Fortive's website or by phone. A replay of the call will be available for two weeks post-event. Currently, Fortive is in a quiet period until the earnings release, during which it will refrain from engaging with the investment community. The company provides essential technologies across various sectors, employing over 17,000 staff globally.

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Fortive Corporation (NYSE: FTV) has appointed Rejji Hayes as a new director, also adding him to the Audit Committee. Hayes brings vast experience from his role as CFO at CMS Energy and has previously held key financial positions at ITC Holdings and Exelon. Chairman Alan Spoon expressed optimism about Hayes' leadership and financial expertise, which are expected to enhance Fortive's strategic oversight. CEO James A. Lico emphasized Hayes' strategic finance background and leadership in environmental, social, and governance matters as valuable assets for Fortive's future.

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Fortive Corporation (NYSE: FTV) has announced that CEO Jim Lico and CFO Chuck McLaughlin will present at the UBS Global TMT Virtual Conference on December 7, 2020, at 1:55 p.m. ET. The presentation will be available via webcast and archived on their official website. Headquartered in Everett, Washington, Fortive employs over 17,000 employees worldwide and specializes in connected workflow solutions across various sectors, including intelligent operating solutions and advanced healthcare. More details can be found at www.fortive.com.

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Fortive Corporation (NYSE: FTV) has announced that its President and CEO, Jim Lico, along with CFO Chuck McLaughlin, will present at the Credit Suisse 8th Annual Virtual Industrials Conference on December 2, 2020, at 11:30 a.m. ET. This presentation will be available via a live audio webcast and will later be archived on Fortive's official website. Fortive is renowned for providing essential technologies for connected workflow solutions across various markets, employing over 17,000 professionals in more than 50 countries.

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FAQ

What is the current stock price of Fortive Corporation (FTV)?

The current stock price of Fortive Corporation (FTV) is $75.75 as of November 20, 2024.

What is the market cap of Fortive Corporation (FTV)?

The market cap of Fortive Corporation (FTV) is approximately 26.0B.

What does Fortive Corporation do?

Fortive Corporation is a global conglomerate of over 20 companies, providing essential technology in sectors such as software development, robotics, transportation, energy, and healthcare.

When was Fortive Corporation established?

Fortive Corporation was established in 2016 following a spin-off from Danaher Corporation.

What sectors does Fortive Corporation operate in?

Fortive operates in sectors including software development, robotics, transportation, energy, and healthcare.

What is the revenue of Fortive Corporation?

Fortive Corporation generated approximately $6.1 billion in revenue in 2023.

What are some of Fortive Corporation's key products and services?

Fortive offers products and services in areas such as field solutions, product realization, health, and sensing technologies.

Which markets does Fortive Corporation serve?

Fortive serves a wide range of markets including manufacturing, utilities, medical, and electronics.

What is the culture like at Fortive Corporation?

Fortive has a vibrant culture that emphasizes opportunity, empowerment, continuous learning, and growth.

How has Fortive Corporation evolved over the years?

Fortive has grown from its roots in Danaher to become a global leader in industrial technology, continuously expanding its portfolio and market presence.

What is the significance of Fortive's financial strength?

Fortive's financial strength provides stability and the ability to take on significant challenges with real-world impact, ensuring long-term growth and innovation.

What kind of opportunities does Fortive offer to its employees?

Fortive offers extraordinary opportunities for growth, innovation, and continuous learning in a dynamic, empowering environment.

Fortive Corporation

NYSE:FTV

FTV Rankings

FTV Stock Data

25.99B
345.75M
0.34%
96.06%
0.87%
Scientific & Technical Instruments
Industrial Instruments for Measurement, Display, and Control
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United States of America
EVERETT