Vontier Co. (NYSE:VNT) Shares Bought by Hudson Bay Capital Management LP

Hudson Bay Capital Management LP lifted its position in Vontier Co. (NYSE:VNT) by 27.1% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 227,519 shares of the company’s stock after acquiring an additional 48,562 shares during the quarter. Hudson Bay Capital Management LP owned 0.15% of Vontier worth $8,298,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Gotham Asset Management LLC boosted its position in Vontier by 10.1% during the 4th quarter. Gotham Asset Management LLC now owns 228,292 shares of the company’s stock valued at $8,326,000 after purchasing an additional 21,003 shares during the period. Graham Capital Management L.P. acquired a new position in Vontier during the 4th quarter valued at approximately $3,219,000. Deutsche Bank AG boosted its position in Vontier by 4.4% during the 4th quarter. Deutsche Bank AG now owns 14,379 shares of the company’s stock valued at $524,000 after purchasing an additional 604 shares during the period. D. E. Shaw & Co. Inc. boosted its position in Vontier by 121.4% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 280,443 shares of the company’s stock valued at $10,228,000 after purchasing an additional 153,766 shares during the period. Finally, EP Wealth Advisors LLC acquired a new position in Vontier during the 4th quarter valued at approximately $217,000. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Trading Up 0.0%

Shares of VNT stock opened at $34.89 on Monday. 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 1 year low of $27.22 and a 1 year high of $41.61. The stock has a fifty day moving average of $32.05 and a two-hundred day moving average of $35.83. The firm has a market capitalization of $5.16 billion, a PE ratio of 12.69, a price-to-earnings-growth ratio of 1.23 and a beta of 1.29.

Vontier (NYSE:VNT) last announced its quarterly earnings results on Thursday, May 1st. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.71 by $0.06. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The company had revenue of $741.10 million during the quarter, compared to analyst estimates of $723.06 million. During the same quarter in the previous year, the firm posted $0.74 EPS. The firm’s quarterly revenue was down 1.9% on a year-over-year basis. As a group, research analysts expect that Vontier Co. will post 3.13 EPS for the current year.

Wall Street Analysts Forecast Growth

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

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.