J. Goldman & Co LP purchased a new stake in Vontier Co. (NYSE:VNT - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 479,235 shares of the company's stock, valued at approximately $17,478,000. J. Goldman & Co LP owned approximately 0.32% of Vontier as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors and hedge funds also recently made changes to their positions in VNT. Benjamin Edwards Inc. boosted its stake in Vontier by 2.2% in the 4th quarter. Benjamin Edwards Inc. now owns 12,287 shares of the company's stock worth $448,000 after purchasing an additional 270 shares during the period. Foundry Partners LLC boosted its position in shares of Vontier by 1.9% during the fourth quarter. Foundry Partners LLC now owns 17,304 shares of the company's stock worth $631,000 after buying an additional 324 shares during the period. Quadrant Capital Group LLC grew its holdings in shares of Vontier by 5.0% during the fourth quarter. Quadrant Capital Group LLC now owns 7,049 shares of the company's stock worth $257,000 after buying an additional 338 shares in the last quarter. Bailard Inc. raised its holdings in shares of Vontier by 0.6% in the fourth quarter. Bailard Inc. now owns 61,207 shares of the company's stock valued at $2,232,000 after purchasing an additional 356 shares during the last quarter. Finally, Global X Japan Co. Ltd. lifted its position in Vontier by 137.7% during the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock worth $27,000 after buying an additional 431 shares in the last quarter. Institutional investors and hedge funds own 95.83% of the company's stock.
Analyst Upgrades and Downgrades
Several equities analysts recently weighed in on VNT shares. Citigroup decreased their target price on shares of Vontier from $45.00 to $36.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Robert W. Baird boosted their price target on Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 18th. Finally, Barclays raised their price objective on Vontier from $45.00 to $48.00 and gave the company an "overweight" rating in a research report on Monday, May 5th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $43.67.
Read Our Latest Stock Report on Vontier
Vontier Stock Performance
VNT opened at $34.89 on Friday. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. The company has a market capitalization of $5.16 billion, a PE ratio of 12.69, a price-to-earnings-growth ratio of 1.23 and a beta of 1.29. The business has a fifty day simple moving average of $32.05 and a 200 day simple moving average of $35.82. Vontier Co. has a 1 year low of $27.22 and a 1 year high of $41.61.
Vontier (NYSE:VNT - Get Free Report) last released its quarterly earnings results on Thursday, May 1st. The company reported $0.77 EPS for the quarter, topping analysts' consensus estimates of $0.71 by $0.06. The business had revenue of $741.10 million for the quarter, compared to analyst estimates of $723.06 million. Vontier had a net margin of 14.17% and a return on equity of 43.22%. Vontier's revenue for the quarter was down 1.9% compared to the same quarter last year. During the same period last year, the firm earned $0.74 earnings per share. Research analysts expect that Vontier Co. will post 3.13 EPS for the current year.
About Vontier
(
Free Report)
Vontier Corporation provides mobility ecosystem solutions worldwide. The company operates through Mobility Technologies, Repair Solutions, and Environmental and Fueling Solutions segments. The Mobility Technologies segment provides digitally equipment solutions for mobility ecosystem, such as point-of-sale and payment systems, workflow automation, telematics, data analytics, software platform, and integrated solutions for alternative fuel dispensing.
Featured Stories
Want to see what other hedge funds are holding VNT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vontier Co. (NYSE:VNT - Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Vontier, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vontier wasn't on the list.
While Vontier currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
Today, we are inviting you to take a free peek at our proprietary, exclusive, and up-to-the-minute list of 20 stocks that Wall Street's top analysts hate.
Many of these appear to have good fundamentals and might seem like okay investments, but something is wrong. Analysts smell something seriously rotten about these companies. These are true "Strong Sell" stocks.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.
