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Wealthfront Advisers LLC Increases Position in Fortive Corporation $FTV
Wealthfront Advisers LLC significantly increased its stake in Fortive Corporation (NYSE:FTV) by 105.1% in Q3, now holding 81,514 shares valued at $3.99 million. This move comes as Fortive exceeded Q results with $0.90 EPS and $1.12B revenue, and institutional ownership remains high at 94.94%. Analysts currently have a “Hold” rating on the stock with an average price target of $60.85, while the company trades at $56.96 with recent upward momentum in its stock price and positive earnings performance.