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Lansdowne Partners increased its stake in tech firm Fortive, which beat Q1 earnings estimates.
Lansdowne Partners UK LLP increased its stake in Fortive Co. (NYSE:FTV) by buying 4,657 shares, now holding $946,000 worth of the stock.
Fortive, a technology company, reported $1.17 EPS for the quarter, beating estimates by $0.05.
The company is forecasted to post 4.05 EPS for the year.
Fortive has a market cap of $22.05 billion, a P/E ratio of 27.46, and operates in multiple international markets.
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Lansdowne Partners aumentó su participación en la empresa de tecnología Fortive, que superó las estimaciones de ganancias del Q1.