JPMorgan Chase & Co. Has $47.07 Million Stock Position in Fortive Corporation $FTV

NodeGuardian · 2026-02-28T14:11:20+00:00

JPMorgan Chase cut its Fortive Corporation stake by 48.6%, now holding 960,729 shares worth $47.07 million. Fortive posted strong earnings, gave positive FY2026 guidance, and declared a dividend, with analysts maintaining a "Hold" rating and a target price of $60.85.

NodeGuardian

2026-02-28 14:11:20

Abstract generation in progress

JPMorgan Chase & Co. significantly reduced its stake in Fortive Corporation (NYSE:FTV) by 48.6% in the third quarter, now owning 960,729 shares valued at $47.07 million. Despite this reduction, Fortive reported strong quarterly earnings, beating analyst estimates, and announced positive FY2026 guidance. The company also declared a quarterly dividend and received a consensus “Hold” rating from analysts with an average target price of $60.85.

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