Vontier Co. (NYSE:VNT) Shares Sold by T. Rowe Price Investment Management Inc.

T. Rowe Price Investment Management Inc. cut its stake in Vontier Co. (NYSE:VNT - Free Report) by 47.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,671,550 shares of the company's stock after selling 2,372,992 shares during the quarter. T. Rowe Price Investment Management Inc. owned approximately 1.78% of Vontier worth $97,432,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the company. Barclays PLC lifted its position in shares of Vontier by 133.9% in the third quarter. Barclays PLC now owns 100,836 shares of the company's stock valued at $3,402,000 after acquiring an additional 57,728 shares in the last quarter. Sanctuary Advisors LLC purchased a new position in Vontier in the 3rd quarter valued at $505,000. Wilmington Savings Fund Society FSB acquired a new stake in Vontier during the 3rd quarter worth $40,000. Nordea Investment Management AB grew its holdings in shares of Vontier by 5.4% during the fourth quarter. Nordea Investment Management AB now owns 179,906 shares of the company's stock worth $6,581,000 after buying an additional 9,213 shares in the last quarter. Finally, Oak Thistle LLC acquired a new stake in shares of Vontier in the fourth quarter valued at about $838,000. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently weighed in on VNT shares. Robert W. Baird boosted their price target on shares of Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 18th. Barclays lowered their target price on Vontier from $46.00 to $45.00 and set an "overweight" rating on the stock in a report on Wednesday, March 26th. Finally, Citigroup cut their price target on Vontier from $45.00 to $36.00 and set a "buy" rating for the company in a report on Monday, April 14th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $43.17.

Vontier Trading Down 0.0 %

Shares of NYSE VNT traded down $0.01 during midday trading on Wednesday, reaching $31.31. 368,884 shares of the stock were exchanged, compared to its average volume of 881,648. Vontier Co. has a twelve month low of $27.22 and a twelve month high of $41.73. The stock has a market capitalization of $4.64 billion, a P/E ratio of 11.39, a PEG ratio of 1.23 and a beta of 1.28. The company has a 50 day simple moving average of $32.62 and a 200 day simple moving average of $35.88. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51.

Vontier (NYSE:VNT - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported $0.80 EPS for the quarter, beating analysts' consensus estimates of $0.79 by $0.01. The company had revenue of $776.80 million for the quarter. Vontier had a return on equity of 43.22% and a net margin of 14.17%. As a group, equities analysts expect that Vontier Co. will post 3.13 earnings per share 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.