Citigroup Inc. recently reduced its stake in Fortive Corporation by 23.8% in Q3, now holding 405,164 shares valued at $19.85 million. Other major institutional investors, including Dodge & Cox and Norges Bank, significantly increased their positions, with institutional investors owning nearly 95% of the stock. Analysts currently hold a consensus “Hold” rating for Fortive, with earnings exceeding expectations in the last quarter and the company announcing a quarterly dividend.
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Citigroup Inc. Has $19.85 Million Stock Position in Fortive Corporation $FTV
Citigroup Inc. recently reduced its stake in Fortive Corporation by 23.8% in Q3, now holding 405,164 shares valued at $19.85 million. Other major institutional investors, including Dodge & Cox and Norges Bank, significantly increased their positions, with institutional investors owning nearly 95% of the stock. Analysts currently hold a consensus “Hold” rating for Fortive, with earnings exceeding expectations in the last quarter and the company announcing a quarterly dividend.