Blue Trust Inc. boosted its position in Vontier Co. (NYSE:VNT – Free Report) by 33.8% in the fourth quarter, Holdings Channel.com reports. The firm owned 5,582 shares of the company’s stock after purchasing an additional 1,411 shares during the quarter. Blue Trust Inc.’s holdings in Vontier were worth $188,000 at the end of the most recent reporting period.
Other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC boosted its position in Vontier by 0.7% during the 3rd quarter. Geode Capital Management LLC now owns 2,571,207 shares of the company’s stock worth $86,776,000 after buying an additional 18,091 shares during the period. River Road Asset Management LLC raised its stake in shares of Vontier by 21.4% during the third quarter. River Road Asset Management LLC now owns 2,356,558 shares of the company’s stock valued at $79,510,000 after acquiring an additional 415,750 shares during the last quarter. Charles Schwab Investment Management Inc. lifted its holdings in shares of Vontier by 3.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,474,988 shares of the company’s stock worth $49,766,000 after purchasing an additional 42,357 shares during the period. Janus Henderson Group PLC grew its stake in shares of Vontier by 11.2% in the third quarter. Janus Henderson Group PLC now owns 1,311,344 shares of the company’s stock worth $44,246,000 after purchasing an additional 132,312 shares during the last quarter. Finally, Royce & Associates LP grew its stake in shares of Vontier by 7.2% in the third quarter. Royce & Associates LP now owns 1,222,833 shares of the company’s stock worth $41,258,000 after purchasing an additional 81,981 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of equities analysts recently commented on the company. Barclays cut their price objective on Vontier from $46.00 to $45.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. UBS Group initiated coverage on shares of Vontier in a research report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price target on the stock. Wolfe Research raised shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective on the stock in a research note on Thursday, December 12th. Finally, Citigroup lowered their target price on shares of Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $44.63.
Vontier Price Performance
Shares of NYSE:VNT opened at $38.11 on Wednesday. Vontier Co. has a twelve month low of $31.22 and a twelve month high of $45.62. The stock’s 50 day moving average is $37.78 and its 200-day moving average is $36.16. The company has a quick ratio of 1.23, a current ratio of 1.64 and a debt-to-equity ratio of 2.10. The firm has a market capitalization of $5.72 billion, a price-to-earnings ratio of 14.60, a PEG ratio of 1.73 and a beta of 1.26.
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.
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