Vontier Co. (NYSE:VNT) Shares Purchased by Corient Private Wealth LLC

Corient Private Wealth LLC increased its stake in Vontier Co. (NYSE:VNT - Free Report) by 1.0% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 2,289,016 shares of the company's stock after purchasing an additional 22,029 shares during the quarter. Corient Private Wealth LLC owned 1.48% of Vontier worth $79,086,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the company. Benjamin F. Edwards & Company Inc. purchased a new stake in shares of Vontier during the 4th quarter valued at about $35,000. International Assets Investment Management LLC increased its holdings in Vontier by 3,355.3% during the fourth quarter. International Assets Investment Management LLC now owns 1,313 shares of the company's stock valued at $45,000 after buying an additional 1,275 shares during the last quarter. Principal Securities Inc. bought a new position in Vontier in the fourth quarter worth approximately $50,000. CWM LLC boosted its stake in shares of Vontier by 78.9% during the 4th quarter. CWM LLC now owns 1,911 shares of the company's stock worth $66,000 after acquiring an additional 843 shares during the last quarter. Finally, Harvest Fund Management Co. Ltd grew its position in shares of Vontier by 132.1% during the 3rd quarter. Harvest Fund Management Co. Ltd now owns 3,212 shares of the company's stock valued at $99,000 after acquiring an additional 1,828 shares during the period. Institutional investors own 95.83% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on VNT. Evercore ISI upped their price target on Vontier from $40.00 to $47.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 20th. Argus raised their target price on shares of Vontier from $39.00 to $50.00 and gave the stock a "buy" rating in a research note on Monday, March 18th. UBS Group upped their price target on shares of Vontier from $42.00 to $46.00 and gave the stock a "buy" rating in a research report on Friday, February 16th. Citigroup raised their price objective on shares of Vontier from $45.00 to $51.00 and gave the company a "buy" rating in a research report on Monday, April 8th. Finally, The Goldman Sachs Group boosted their price target on Vontier from $37.00 to $41.00 and gave the stock a "neutral" rating in a report on Tuesday, February 20th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $45.00.

Vontier Price Performance

NYSE:VNT traded up $0.28 during trading hours on Tuesday, reaching $40.51. The stock had a trading volume of 360,265 shares, compared to its average volume of 755,288. The company has a debt-to-equity ratio of 2.21, a quick ratio of 1.23 and a current ratio of 1.57. The stock has a market capitalization of $6.25 billion, a PE ratio of 14.68, a PEG ratio of 1.16 and a beta of 1.33. Vontier Co. has a 52 week low of $28.57 and a 52 week high of $45.62. The company has a 50 day moving average price of $41.97 and a two-hundred day moving average price of $38.13.

Vontier (NYSE:VNT - Get Free Report) last released its quarterly earnings results on Thursday, May 2nd. The company reported $0.74 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.69 by $0.05. Vontier had a net margin of 14.02% and a return on equity of 54.84%. The company had revenue of $755.80 million for the quarter, compared to the consensus estimate of $754.50 million. During the same quarter in the prior year, the firm earned $0.68 earnings per share. Vontier's revenue was down 2.7% on a year-over-year basis. As a group, sell-side analysts anticipate that Vontier Co. will post 3.15 earnings per share for the current fiscal year.

Vontier Company 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.