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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.

News

Bregal Unternehmerkapital Announces the Sale of EA Elektro-Automatik to Fortive Corporation for €1,585 Million

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Bregal Unternehmerkapital has announced the sale of EA Elektro-Automatik Holding GmbH to Fortive Corporation for €1,585 Million. EA is a leading provider of electronic test and measurement devices. The acquisition is expected to close in early first quarter of 2024.
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Fortive to Acquire EA Elektro-Automatik, an Industry-leading Provider of Electronic Test & Measurement Solutions

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Fortive Corporation announces acquisition of EA Elektro-Automatik Holding GmbH for $1.45 billion, expected to enhance leading position in electronic test and measurement market
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Advanced Sterilization Products Announces Expansion of Sterilization Monitoring Portfolio

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Advanced Sterilization Products (ASP) announces expansion in its Sterilization Monitoring portfolio with new Steam Monitoring products that improve efficiency and confidence in results. The portfolio includes BIOTRACE™ Readers, BIOTRACE™ Biological Indicator, VERISURE™ Chemical Indicator, and SEALSURE™ Steam Indicator Tape.
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Fortive Schedules Third Quarter 2023 Earnings Conference Call

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Fortive Corporation will webcast its earnings conference call for Q3 2023 on October 25, 2023. A replay will be available. Fortive is currently in its quiet period until earnings release on October 25, 2023.
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Fluke Corp. Acquires Solar Test and Measurement Leader, Solmetric

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Fluke Corp acquires Solmetric, enhancing their portfolio of solutions for solar technicians and expanding their global reach.
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United Digestive Transitions Endoscopy Centers to Provation® Apex Platform

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United Digestive standardizes documentation on Provation Apex to support rapid growth
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Fortive to Present at the Morgan Stanley Laguna Conference

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Fortive Corporation to present at Morgan Stanley Laguna Conference
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Fluke Reliability Acquires AI-Powered Vibration Analytics and Remote Condition Monitoring Solution

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Fluke Reliability acquires Azima DLI to enhance predictive maintenance capabilities and address skills shortage.
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Fortive Declares Regular Quarterly Dividend on its Common Stock

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Fortive Corporation (NYSE: FTV) has declared a regular quarterly cash dividend of $0.07 per share of its common stock. The dividend will be payable on September 29, 2023, to common stockholders of record on September 1, 2023.
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Fortive Reports Strong Second Quarter 2023 Results; Raises Full Year 2023 Outlook

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Fortive Corporation (NYSE: FTV) reports Q2 revenue of $1.53 billion, up 4.3% with core growth of 5.5%. Operating margin up 320 basis points to 19%; Record adjusted operating margin of 26%, up 190 basis points. Q2 GAAP EPS of $0.59, up 23%; Adjusted EPS of $0.85, up 9%. Raises 2023 outlook: GAAP EPS of $2.38-$2.44, up 13%-16%; Adjusted EPS of $3.36-$3.42, up 7%-9%
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FAQ

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

The current stock price of Fortive Corporation (FTV) is $78.42 as of November 22, 2024.

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

The market cap of Fortive Corporation (FTV) is approximately 27.1B.

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.

Stock FTV logo
Fortive Corporation

NYSE:FTV

FTV Rankings

#444 Ranked by Market Cap
#2042 Ranked by Dividends

FTV Stock Data

27.05B
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
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