Vontier Co. (NYSE:VNT) SVP Kathryn K. Rowen Sells 7,344 Shares

Vontier Co. (NYSE:VNT - Get Free Report) SVP Kathryn K. Rowen sold 7,344 shares of the company's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $36.34, for a total value of $266,880.96. Following the completion of the transaction, the senior vice president now directly owns 88,248 shares of the company's stock, valued at approximately $3,206,932.32. This trade represents a 7.68% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Vontier Trading Up 0.4%

Shares of VNT opened at $36.79 on Tuesday. The company's fifty day simple moving average is $32.08 and its 200-day simple moving average is $35.84. The company has a market cap of $5.44 billion, a P/E ratio of 13.38, a P/E/G ratio of 1.23 and a beta of 1.29. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97. Vontier Co. has a twelve month low of $27.22 and a twelve month high of $41.61.

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

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Barclays increased their price objective on shares of Vontier from $45.00 to $48.00 and gave the company an "overweight" rating in a report on Monday, May 5th. Citigroup dropped their price objective on shares of Vontier from $45.00 to $36.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Robert W. Baird increased their target price on Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a research report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $43.67.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Global X Japan Co. Ltd. grew its holdings in Vontier by 137.7% during the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock worth $27,000 after acquiring an additional 431 shares in the last quarter. Olde Wealth Management LLC purchased a new stake in shares of Vontier during the first quarter valued at $36,000. Lazard Asset Management LLC purchased a new stake in Vontier during the 4th quarter valued at about $73,000. GAMMA Investing LLC boosted its position in Vontier by 60.1% in the first quarter. GAMMA Investing LLC now owns 2,209 shares of the company's stock valued at $73,000 after buying an additional 829 shares during the last quarter. Finally, Wealthquest Corp acquired a new stake in Vontier during the first quarter worth about $80,000. Institutional investors own 95.83% of the company's stock.

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.

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