Fuller & Thaler Asset Management Inc. Has $111.37 Million Position in Vontier Corporation $VNT

Key Points

• Fuller & Thaler Asset Management Inc. has increased its stake in Vontier Corporation by 2.0%, now owning approximately 3.39 million shares valued at $111.37 million.
• Vontier reported an EPS of $0.79 for the last quarter, surpassing the consensus estimate of $0.72, with revenues reaching $773.5 million, an 11.1% year-over-year increase.
• Analysts generally rate Vontier as a Moderate Buy, with an average target price of $47.14, while Citigroup has set a price objective of $45.00.

Fuller & Thaler Asset Management Inc. raised its stake in shares of Vontier Corporation (NYSE:VNT - Free Report) by 2.0% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 3,390,111 shares of the company's stock after buying an additional 66,620 shares during the period. Fuller & Thaler Asset Management Inc. owned about 2.29% of Vontier worth $111,365,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of VNT. Nuveen LLC bought a new stake in shares of Vontier in the 1st quarter valued at approximately $67,744,000. Millennium Management LLC grew its stake in shares of Vontier by 659.9% in the 4th quarter. Millennium Management LLC now owns 860,423 shares of the company's stock valued at $31,380,000 after buying an additional 747,196 shares in the last quarter. J. Goldman & Co LP bought a new stake in shares of Vontier in the 4th quarter valued at approximately $17,478,000. Capital World Investors grew its stake in shares of Vontier by 39.4% in the 4th quarter. Capital World Investors now owns 1,128,451 shares of the company's stock valued at $41,155,000 after buying an additional 318,775 shares in the last quarter. Finally, Burkehill Global Management LP acquired a new stake in shares of Vontier in the 1st quarter valued at $9,855,000. Institutional investors and hedge funds own 95.83% of the company's stock.

Vontier Stock Performance

Shares of VNT opened at $42.12 on Monday. The company has a market capitalization of $6.18 billion, a PE ratio of 16.02, a price-to-earnings-growth ratio of 1.40 and a beta of 1.31. Vontier Corporation has a one year low of $27.22 and a one year high of $43.32. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.08 and a quick ratio of 0.80. The company's fifty day moving average price is $38.55 and its 200 day moving average price is $35.88.

Vontier (NYSE:VNT - Get Free Report) last announced its earnings results on Thursday, July 31st. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.72 by $0.07. Vontier had a net margin of 12.99% and a return on equity of 41.96%. The firm had revenue of $773.50 million for the quarter, compared to the consensus estimate of $734.23 million. During the same quarter last year, the firm posted $0.63 EPS. The business's quarterly revenue was up 11.1% on a year-over-year basis. As a group, analysts expect that Vontier Corporation will post 3.13 earnings per share for the current year.

Analyst Ratings Changes

Several equities research analysts recently issued reports on the stock. Citigroup reaffirmed a "buy" rating and issued a $45.00 price objective (up previously from $37.00) on shares of Vontier in a research note on Monday, July 14th. Barclays reaffirmed an "overweight" rating on shares of Vontier in a research note on Monday, August 4th. Robert W. Baird lifted their price objective on shares of Vontier from $40.00 to $45.00 and gave the company a "neutral" rating in a research note on Monday, August 4th. Wall Street Zen raised shares of Vontier from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Finally, UBS Group lifted their price objective on shares of Vontier from $47.00 to $50.00 and gave the company a "buy" rating in a research note on Tuesday, August 5th. Two investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat, Vontier has an average rating of "Moderate Buy" and an average target price of $47.14.

Vontier Profile

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.

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.