Vontier Co. (NYSE:VNT) Shares Purchased by Barclays PLC

Barclays PLC boosted its holdings in shares of Vontier Co. (NYSE:VNT) by 117.5% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 219,328 shares of the company’s stock after purchasing an additional 118,492 shares during the period. Barclays PLC owned about 0.15% of Vontier worth $7,998,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds also recently added to or reduced their stakes in VNT. Rockefeller Capital Management L.P. acquired a new position in shares of Vontier in the 4th quarter valued at about $368,000. Sterling Capital Management LLC boosted its position in Vontier by 51.4% in the 4th quarter. Sterling Capital Management LLC now owns 8,911 shares of the company’s stock worth $325,000 after purchasing an additional 3,024 shares in the last quarter. Covestor Ltd grew its stake in shares of Vontier by 66.8% during the 4th quarter. Covestor Ltd now owns 2,437 shares of the company’s stock worth $89,000 after purchasing an additional 976 shares during the period. Bessemer Group Inc. increased its holdings in shares of Vontier by 3.4% during the 4th quarter. Bessemer Group Inc. now owns 630,568 shares of the company’s stock valued at $22,996,000 after purchasing an additional 20,604 shares in the last quarter. Finally, Advisory Services Network LLC lifted its stake in shares of Vontier by 2.8% in the 4th quarter. Advisory Services Network LLC now owns 16,184 shares of the company’s stock valued at $590,000 after purchasing an additional 439 shares during the period. 95.83% of the stock is owned by hedge funds and other institutional investors.

Vontier Trading Up 1.1 %

VNT opened at $30.19 on Thursday. The stock has a market capitalization of $4.48 billion, a PE ratio of 10.98, a P/E/G ratio of 1.23 and a beta of 1.28. 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 Co. has a one year low of $27.22 and a one year high of $41.73. The business’s 50 day moving average price is $33.28 and its 200 day moving average price is $35.94.

Vontier (NYSE:VNT) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The business 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 research analysts expect that Vontier Co. will post 3.13 EPS for the current year.

Analysts Set New Price Targets

VNT has been the subject of a number of recent analyst reports. Robert W. Baird lifted their price objective on shares of Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a report on Tuesday, February 18th. Citigroup cut their price target on Vontier from $45.00 to $36.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Finally, Barclays lowered their price target on Vontier from $46.00 to $45.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 26th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $43.17.

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.