61,400 Shares in Vontier Co. (NYSE:VNT) Acquired by Natixis

Natixis purchased a new position in shares of Vontier Co. (NYSE:VNT) during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 61,400 shares of the company’s stock, valued at approximately $2,785,000.

Other large investors have also made changes to their positions in the company. SG Americas Securities LLC bought a new position in Vontier in the 4th quarter valued at approximately $499,000. Raymond James & Associates lifted its stake in Vontier by 2.2% in the 4th quarter. Raymond James & Associates now owns 286,287 shares of the company’s stock valued at $9,891,000 after purchasing an additional 6,038 shares during the last quarter. Pacer Advisors Inc. lifted its stake in Vontier by 137.7% in the 4th quarter. Pacer Advisors Inc. now owns 30,809 shares of the company’s stock valued at $1,064,000 after purchasing an additional 17,846 shares during the last quarter. Artemis Investment Management LLP bought a new position in Vontier in the 4th quarter valued at approximately $6,006,000. Finally, Assenagon Asset Management S.A. bought a new position in shares of Vontier during the fourth quarter valued at $2,192,000. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Trading Up 1.7 %

NYSE VNT traded up $0.65 during mid-day trading on Friday, reaching $39.22. 13,792 shares of the stock were exchanged, compared to its average volume of 726,966. Vontier Co. has a one year low of $28.84 and a one year high of $45.62. The stock has a 50 day simple moving average of $39.21 and a 200-day simple moving average of $39.79. The stock has a market cap of $6.06 billion, a P/E ratio of 13.97, a P/E/G ratio of 1.13 and a beta of 1.29. The company has a debt-to-equity ratio of 2.21, a current ratio of 1.57 and a quick ratio of 1.23.

Vontier (NYSE:VNT) last announced its earnings results on Thursday, May 2nd. The company reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.05. Vontier had a net margin of 14.02% and a return on equity of 54.84%. The business had revenue of $755.80 million during the quarter, compared to the consensus estimate of $754.50 million. During the same quarter last year, the firm earned $0.68 earnings per share. Vontier’s quarterly revenue was down 2.7% on a year-over-year basis. On average, analysts anticipate that Vontier Co. will post 3.15 EPS for the current year.

Analyst Ratings Changes

Separately, Citigroup raised their price target on shares of Vontier from $45.00 to $51.00 and gave the company a “buy” rating in a research note on Monday, April 8th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $45.00.

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.