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Fortive Corp - FTV STOCK NEWS

Welcome to our dedicated news page for Fortive (Ticker: FTV), a resource for investors and traders seeking the latest updates and insights on Fortive.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Fortive's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Fortive's position in the market.

Rhea-AI Summary
Fortive (FTV) announces the webcast of its first quarter 2024 earnings conference call on April 24, 2024, at 12:00 p.m. ET. The call will last approximately 1 hour and will be available for replay until May 8, 2024. Investors can access the webcast and presentation materials on Fortive's website. Fortive is currently in a quiet period until the earnings release date.
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Fluke Corp, a subsidiary of Fortive , launches the PVA-1500 Series I-V curve tracer, enhancing efficiency and accuracy for utility-scale solar testing. The tool offers fast measurements, accurate results for high-efficiency panels, intuitive operation, and enhanced workflow, optimizing performance and ROI for solar installations.
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Fortive Corporation (FTV) CFO to Present at Bank of America Global Industrials Conference on March 19th, 2024
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Fortive Corporation to Present at J.P. Morgan Industrials Conference with Intelligent Operating Solutions CEO
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Fortive Corporation (FTV) reveals President and CEO James A. Lico to present at Barclays Industrial Select Conference on February 21, 2024, at 10:55 a.m. ET. The webcast will be available on their website.
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Fortive Corporation (FTV) will have its President and CEO, James A. Lico, presenting at the Citi Global Industrial Tech and Mobility Conference on February 22, 2024. The event will be webcast and archived on the company's website.
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Fortive Corporation (FTV) announced a registered offering of €500 million aggregate principal amount of its 3.700% Notes due 2026 and €700 million aggregate principal amount of its 3.700% Notes due 2029. The company intends to use the net proceeds to refinance outstanding indebtedness and for general corporate purposes. The sale of the notes is expected to close soon.
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Fortive Corporation (FTV) announced strong operational performance and financial results for Q4 2023, with total and core revenue growth of 4% and 3% respectively. Q4 GAAP diluted EPS was $0.75, up 17%, and adjusted diluted EPS was $0.98, up 11%. Full-year 2024 revenue is expected to be $6.4 to $6.5 billion, up 6% to 8%, with GAAP diluted EPS of $2.58 to $2.70, up 6% to 11%, and adjusted diluted EPS of $3.73 to $3.85, up 9% to 12%. The company anticipates Q1 2024 revenue of approximately $1.5 billion. Fortive completed the acquisition of EA Elektro-Automatik (EA) Holding GmbH, and entered into an agreement to optimize its real estate footprint for proceeds of approximately $90 million. However, one of its subsidiaries, Gems Setra, made incorrect representations regarding its status as a small business concern for contracts awarded by the Defense Logistics Agency, which is being investigated.
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Fortive Corporation (FTV) has declared a regular quarterly cash dividend of $0.08 per share of its common stock, payable on March 28, 2024, to common stockholders of record on February 23, 2024. The company expects to pay dividends on a quarterly basis, subject to the discretion of the Board of Directors.
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Fortive Corporation (NYSE: FTV) has announced a replenishment of 11 million shares of its common stock, bringing the total amount for future repurchases to 20 million shares. This move reflects the company's focus on disciplined M&A, capital allocation, and delivering profitable growth. The Board of Directors is confident in the company's ability to enhance total shareholder returns, aiming to double earnings and cash flow by 2028.
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Fortive Corp

NYSE:FTV

FTV Rankings

FTV Stock Data

30.23B
349.84M
0.26%
96.52%
0.96%
Instruments and Related Products Manufacturing for Measuring, Displaying, and Controlling Industrial Process Variables
Manufacturing
Link
US
Everett

About FTV

fortive is a global family of more than 20 industry-leading industrial growth and technology companies, united by a shared purpose: to make the world stronger, safer and more effective by providing essential technology for the people who accelerate progress. we take on big challenges that have real impact in fast-moving fields like software development, robotics, transportation, energy and healthcare. we have an outstanding heritage, created from danaher, and launched our new company, fortive, in 2016. here, the excitement of a “startup” balances with the stability of an organization grounded in its roots and with a proven track record of growth. this foundation of success and our financial strength provide fortive and our employees extraordinary opportunities for growth and innovation. there’s no limit to what you can learn, or the impact you can make. we are a vibrant culture defined by opportunity, empowerment and continuous learning and growth. we are an extraordinary team, working