Welcome to our dedicated page for Fortive news (Ticker: FTV), a resource for investors and traders seeking the latest updates and insights on Fortive stock.
Fortive Corporation (NYSE: FTV) is an industrial technology company with strategic segments in Intelligent Operating Solutions and Advanced Healthcare Solutions. The Fortive news feed on Stock Titan aggregates company announcements, segment updates, and disclosures that illustrate how Fortive’s businesses operate across industrial measurement, calibration, and healthcare infection prevention.
Investors and observers can find news about Fortive’s earnings releases, including quarterly results and guidance updates, along with details on segment performance for Intelligent Operating Solutions and Advanced Healthcare Solutions. The company also issues announcements regarding capital allocation, such as regular quarterly dividends and share repurchase authorizations approved by its Board of Directors.
News from Fortive’s operating companies provides additional context on its industrial and healthcare footprint. Fluke Corporation, which describes itself as a world leader in compact, professional electronic test tools and software for measuring and condition monitoring, publishes updates on software-as-a-service offerings like CalStudio and research into unplanned downtime in industrial manufacturing. These releases shed light on how Fluke supports technicians, engineers, and maintenance professionals in managing industrial, electrical, and electronic equipment and calibration processes.
Within healthcare, Advanced Sterilization Products (ASP) issues news on infection prevention technologies, such as the ULTRA GI Cycle for the STERRAD 100NX Sterilizer with ALLClear Technology. ASP’s announcements highlight developments in hydrogen peroxide gas plasma sterilization for complex devices like duodenoscopes and describe collaborations with medical device manufacturers and partners in Europe.
By following this news page, readers can review Fortive’s official communications on financial performance, strategic actions such as the separation of Ralliant Corporation, and product and technology updates from its key brands. The feed provides a centralized view of Fortive’s ongoing activities in industrial technology and healthcare solutions.
Fortive Corporation (NYSE: FTV) has reported a mini-tender offer from TRC Capital Investment Corporation to buy up to 2,000,000 shares at $68.00 each, representing a 4.57% discount to Fortive's closing price on March 26, 2021. Fortive strongly advises shareholders to reject this offer, as it falls below the market price. The company emphasizes that the offer is contingent on TRC securing sufficient financing. Fortive disassociates itself from TRC, warning investors to be cautious and consult financial advisors before considering the offer.
Fortive Corporation (NYSE: FTV) announced its earnings conference call for Q1 2021, scheduled for April 29, 2021, at 5:30 p.m. ET. During this call, Fortive will present its financial results, which will be available through a webcast on their investor website. A replay of the call will be accessible within two hours post-call until May 13, 2021. Currently, Fortive is in a "quiet period" where it will refrain from engaging with the investment community until the earnings release. The company offers essential technologies across multiple sectors, focusing on continuous improvement and innovation.
Advanced Sterilization Products, a subsidiary of Fortive Corporation (NYSE: FTV), appointed Aisha Barry as the new president. Her background in healthcare, coupled with software and consumer products innovation, aims to enhance ASP's digital capabilities, build strategic partnerships, and boost international sales. Prior to joining ASP, Aisha held leadership positions at Philips, Medtronic, and John Deere. She holds an MBA from Tuck School of Business at Dartmouth and a degree in chemical engineering from The Ohio State University.
Fortive Corporation (NYSE: FTV) announced the appointment of Daniel L. Comas as a Director. Comas, former Chief Financial Officer of Danaher, is expected to enhance the Board with his finance and strategic expertise. His appointment reflects Fortive's commitment to effective governance. Additionally, Board members Steven M. Rales and Mitchell P. Rales will not seek re-election at the 2021 Annual Meeting. They expressed confidence in Fortive's growth trajectory and leadership. Fortive focuses on essential technologies and aims for continuous improvement through the Fortive Business System.
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.
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.
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.
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.
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.
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.