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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 declared a quarterly cash dividend of $0.07 per share, payable on March 31, 2023, to shareholders on record as of February 24, 2023. The company anticipates maintaining this quarterly dividend structure, although future payments are subject to the Board's discretion. Fortive operates across strategic segments including Intelligent Operating Solutions and Precision Technologies, employing over 18,000 staff globally. The company emphasizes continuous improvement and is based in Everett, Washington.

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Fortive Corporation (NYSE: FTV) announced a webcast for its fourth quarter and full year 2022 earnings conference call on February 1, 2023, at 12:00 p.m. ET. The call will last approximately one hour and will be accessible via Fortive’s website, with a replay available shortly after the conclusion. Fortive is currently in its 'quiet period' until these earnings are released, during which it will not engage with the investment community. The firm provides essential technologies across various sectors, supported by over 18,000 employees worldwide.

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Fortive Corporation (NYSE: FTV) has announced the appointment of Eric Branderiz as a new director, expanding its Board from eight to nine members. His term begins on January 1, 2023. Alan Spoon, Chairman of the Board, highlighted Branderiz’s extensive experience in finance and technology sectors, alongside his background in risk management and corporate governance. Previously, he served as CFO of Enphase Energy and held senior roles at Tesla and SunPower. CEO James A. Lico expressed optimism about Branderiz's contributions to Fortive's growth strategy and shareholder value.

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Fortive Corporation (NYSE: FTV) has declared a quarterly cash dividend of $0.07 per share, aimed at rewarding shareholders. This dividend will be payable on December 30, 2022, to those on record as of November 30, 2022. While Fortive intends to distribute dividends quarterly, future payments are subject to the Board's discretion. The company, based in Everett, Washington, specializes in connected workflow solutions and operates across several strategic segments, employing over 18,000 people globally.

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Fortive Corporation (NYSE:FTV) announced that President and CEO James A. Lico will present at the Baird 2022 Global Industrial Conference on Wednesday, November 9th, 2022, at 11:15 a.m. ET. The presentation will be available via a live audio webcast, which will also be archived for later access. Fortive, headquartered in Everett, Washington, offers essential technologies across various markets, including Intelligent Operating Solutions and Precision Technologies, employing over 18,000 people worldwide. For more details, visit www.fortive.com.

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Fortive Corporation (NYSE: FTV) reported a 12% year-over-year revenue growth in Q3 2022, reaching $1.46 billion. The company achieved a 20% growth in adjusted earnings per share, totaling $0.79. Net earnings from continuing operations were $190 million. Fortive raised its 2022 earnings outlook, projecting GAAP EPS between $2.05 and $2.07 and adjusted EPS between $3.10 and $3.13. Despite facing foreign exchange and supply chain challenges, the firm highlights robust performance and strong cash flow generation.

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Fortive Corporation (NYSE: FTV) will host a webcast of its third-quarter earnings conference call on October 26, 2022, at 12:00 p.m. ET. The presentation is expected to last approximately one hour and will be available on Fortive's website under the 'Investors' section. A replay will be accessible for two weeks following the call. Currently, Fortive is in a 'quiet period' until the earnings report is released. The company specializes in connected workflow solutions across various end-markets, employing over 18,000 staff globally.

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Fortive Corporation (NYSE: FTV) announced that its President and CEO, James A. Lico, will present at the Morgan Stanley Laguna Conference on Thursday, September 15, 2022, at 11:45 a.m. ET. The event will be available via live audio webcast, which will later be archived on Fortive's website. Fortive specializes in connected workflow solutions across multiple sectors, employing over 18,000 staff globally. The company is headquartered in Everett, Washington, and operates through strategic segments including Intelligent Operating Solutions and Advanced Healthcare Solutions.

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Fortive Corporation (NYSE: FTV) announced that President and CEO of Intelligent Operating Solutions, Olumide Soroye, will speak at the Evercore ISI Technology Conference on September 7, 2022, at 8:45 a.m. ET. The presentation will be available via a live webcast and will be archived for later access on Fortive's official website.

Fortive, headquartered in Everett, Washington, employs over 18,000 professionals globally, focusing on connected workflow solutions across various sectors, including Intelligent Operating Solutions, Precision Technologies, and Advanced Healthcare Solutions.

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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.

Fortive Corporation

NYSE:FTV

FTV Rankings

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
EVERETT