AQR Capital Management LLC Has $14.32 Million Stock Position in Vontier Co. (NYSE:VNT)

AQR Capital Management LLC lessened its holdings in shares of Vontier Co. (NYSE:VNT - Free Report) by 22.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 394,248 shares of the company's stock after selling 112,282 shares during the quarter. AQR Capital Management LLC owned approximately 0.26% of Vontier worth $14,315,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Global X Japan Co. Ltd. grew its position in Vontier by 137.7% during the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock valued at $27,000 after purchasing an additional 431 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in shares of Vontier during the 3rd quarter valued at $40,000. Farther Finance Advisors LLC increased its stake in shares of Vontier by 44.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company's stock worth $83,000 after acquiring an additional 700 shares during the last quarter. Covestor Ltd raised its holdings in shares of Vontier by 66.8% during the fourth quarter. Covestor Ltd now owns 2,437 shares of the company's stock worth $89,000 after acquiring an additional 976 shares in the last quarter. Finally, Wealthfront Advisers LLC acquired a new stake in Vontier during the fourth quarter valued at $98,000. Institutional investors and hedge funds own 95.83% of the company's stock.

Analyst Ratings Changes

VNT has been the topic of several research reports. Robert W. Baird upped their target price on Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 18th. Citigroup dropped their price objective on Vontier from $45.00 to $36.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Finally, Barclays lifted their target price on shares of Vontier from $45.00 to $48.00 and gave the company an "overweight" rating in a research note on Monday, May 5th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $43.67.

Vontier Stock Performance

Shares of VNT stock traded up $0.01 during trading on Friday, reaching $34.89. The company had a trading volume of 789,654 shares, compared to its average volume of 897,116. The firm's 50 day simple moving average is $32.05 and its two-hundred day simple moving average is $35.80. Vontier Co. has a one year low of $27.22 and a one year 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 company has a market capitalization of $5.16 billion, a PE ratio of 12.69, a PEG ratio of 1.23 and a beta of 1.29.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.77 earnings per share for the quarter, topping analysts' consensus estimates of $0.71 by $0.06. The business had revenue of $741.10 million during the quarter, compared to analysts' expectations 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% on a year-over-year basis. During the same period in the previous year, the company earned $0.74 earnings per share. Sell-side analysts forecast that Vontier Co. will post 3.13 earnings per share for the current year.

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.