Public Employees Retirement System of Ohio Trims Position in Vontier Co. (NYSE:VNT)

Public Employees Retirement System of Ohio reduced its position in Vontier Co. (NYSE:VNT) by 10.0% in the 1st quarter, according to its most recent filing with the SEC. The firm owned 76,071 shares of the company’s stock after selling 8,497 shares during the period. Public Employees Retirement System of Ohio’s holdings in Vontier were worth $3,451,000 at the end of the most recent reporting period.

A number of other large investors also recently made changes to their positions in VNT. Rise Advisors LLC acquired a new stake in shares of Vontier in the first quarter worth approximately $27,000. Opal Wealth Advisors LLC acquired a new position in shares of Vontier in the 1st quarter valued at $30,000. Riverview Trust Co purchased a new stake in shares of Vontier during the 1st quarter valued at $33,000. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Vontier during the 4th quarter worth $35,000. Finally, ORG Partners LLC purchased a new position in shares of Vontier in the 1st quarter worth $35,000. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Vontier Stock Performance

NYSE:VNT opened at $35.26 on Friday. Vontier Co. has a 1-year low of $28.84 and a 1-year high of $45.62. The stock has a market cap of $5.44 billion, a P/E ratio of 12.77, a PEG ratio of 1.14 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. The firm has a 50-day moving average of $39.02 and a two-hundred day moving average of $39.94.

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

Wall Street Analyst Weigh In

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

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.