Vontier Co. (NYSE:VNT) Stake Boosted by Colonial Trust Co SC

Colonial Trust Co SC increased its position in shares of Vontier Co. (NYSE:VNT) by 34.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,688 shares of the company’s stock after acquiring an additional 688 shares during the period. Colonial Trust Co SC’s holdings in Vontier were worth $98,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also modified their holdings of the company. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Vontier by 5.5% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 3,323,491 shares of the company’s stock valued at $121,208,000 after buying an additional 173,542 shares during the last quarter. Dimensional Fund Advisors LP raised its position in Vontier by 2.9% during the fourth quarter. Dimensional Fund Advisors LP now owns 2,666,927 shares of the company’s stock valued at $97,260,000 after acquiring an additional 75,775 shares in the last quarter. Ameriprise Financial Inc. lifted its stake in Vontier by 4.0% in the fourth quarter. Ameriprise Financial Inc. now owns 2,515,579 shares of the company’s stock valued at $91,740,000 after acquiring an additional 96,554 shares during the last quarter. River Road Asset Management LLC grew its position in Vontier by 6.2% in the fourth quarter. River Road Asset Management LLC now owns 2,502,132 shares of the company’s stock worth $91,253,000 after acquiring an additional 145,574 shares in the last quarter. Finally, Norges Bank bought a new stake in Vontier in the fourth quarter worth approximately $64,869,000. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VNT has been the subject of several 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 research note on Tuesday, February 18th. Barclays boosted their price target on Vontier from $45.00 to $48.00 and gave the stock an “overweight” rating in a research report on Monday. Finally, Citigroup lowered their price objective on Vontier from $45.00 to $36.00 and set a “buy” rating on the stock in a report on Monday, April 14th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Vontier presently has a consensus rating of “Moderate Buy” and an average price target of $43.67.

Vontier Trading Up 2.2 %

Shares of NYSE:VNT opened at $34.91 on Friday. Vontier Co. has a 52-week low of $27.22 and a 52-week high of $41.61. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51. The company has a market cap of $5.16 billion, a P/E ratio of 12.69, a P/E/G ratio of 1.23 and a beta of 1.29. The stock’s 50-day moving average is $32.04 and its 200-day moving average is $35.80.

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

About Vontier

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.