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Tudor Investment Corp ET AL Sells 602,259 Shares of Fortive Corporation $FTV
Tudor Investment Corp ET AL significantly reduced its stake in Fortive Corporation (NYSE:FTV) by selling 602,259 shares in the third quarter, decreasing its holdings by 96.2% to 23,779 shares. Despite this, other major institutional investors, including Dodge & Cox and Viking Global, increased their positions, leading to institutional ownership of 94.94%. Analysts maintain a “Hold” rating for Fortive with a consensus target price of $61.23, while several firms have raised their price targets.