Boothbay Fund Management LLC Purchases New Position in Vontier Co. (NYSE:VNT)

Boothbay Fund Management LLC bought a new position in Vontier Co. (NYSE:VNT - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 7,547 shares of the company's stock, valued at approximately $275,000.

A number of other institutional investors and hedge funds also recently made changes to their positions in the business. Susquehanna Fundamental Investments LLC bought a new position in shares of Vontier during the 4th quarter valued at approximately $1,699,000. Fuller & Thaler Asset Management Inc. raised its holdings in shares of Vontier by 5.5% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 3,323,491 shares of the company's stock worth $121,208,000 after acquiring an additional 173,542 shares in the last quarter. Dark Forest Capital Management LP bought a new position in Vontier during the fourth quarter valued at $1,052,000. Quantessence Capital LLC purchased a new position in Vontier in the fourth quarter worth about $272,000. Finally, Susquehanna International Group LLP boosted its holdings in shares of Vontier by 4.3% in the 4th quarter. Susquehanna International Group LLP now owns 57,434 shares of the company's stock worth $2,095,000 after purchasing an additional 2,344 shares during the period. Hedge funds and other institutional investors own 95.83% of the company's stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on the stock. Barclays upped their price target on shares of Vontier from $45.00 to $48.00 and gave the company an "overweight" rating in a report on Monday. Robert W. Baird lifted their price objective on Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a report on Tuesday, February 18th. Finally, Citigroup lowered their target price on Vontier from $45.00 to $36.00 and set a "buy" rating for the company in a report on Monday, April 14th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $43.67.

Vontier Stock Up 0.1 %

Vontier stock traded up $0.03 during midday trading on Tuesday, reaching $33.46. The company's stock had a trading volume of 709,173 shares, compared to its average volume of 890,250. Vontier Co. has a 52-week low of $27.22 and a 52-week high of $41.61. 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 stock has a market capitalization of $4.96 billion, a P/E ratio of 12.17, a PEG ratio of 1.23 and a beta of 1.29. The stock's 50-day simple moving average is $32.20 and its 200-day simple moving average is $35.83.

Vontier (NYSE:VNT - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.06. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The firm had revenue of $741.10 million for the quarter, compared to the consensus estimate of $723.06 million. During the same period in the prior year, the firm earned $0.74 EPS. The firm's revenue was down 1.9% on a year-over-year basis. On average, sell-side analysts expect that Vontier Co. will post 3.13 EPS for the current year.

About Vontier

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.