J. Goldman & Co LP Makes New Investment in Vontier Co. (NYSE:VNT)

J. Goldman & Co LP acquired a new stake in Vontier Co. (NYSE:VNT) during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 479,235 shares of the company’s stock, valued at approximately $17,478,000.

Other large investors have also recently bought and sold shares of the company. Hudson Bay Capital Management LP increased its position in Vontier by 27.1% in the 4th quarter. Hudson Bay Capital Management LP now owns 227,519 shares of the company’s stock valued at $8,298,000 after buying an additional 48,562 shares in the last quarter. Gotham Asset Management LLC grew its holdings in Vontier by 10.1% during the fourth quarter. Gotham Asset Management LLC now owns 228,292 shares of the company’s stock worth $8,326,000 after buying an additional 21,003 shares in the last quarter. Graham Capital Management L.P. bought a new position in Vontier during the 4th quarter valued at $3,219,000. Deutsche Bank AG lifted its position in shares of Vontier by 4.4% during the fourth quarter. Deutsche Bank AG now owns 14,379 shares of the company’s stock valued at $524,000 after purchasing an additional 604 shares in the last quarter. Finally, D. E. Shaw & Co. Inc. lifted its position in shares of Vontier by 121.4% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 280,443 shares of the company’s stock worth $10,228,000 after buying an additional 153,766 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Vontier Price Performance

Shares of VNT stock opened at $34.89 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97. The business’s fifty day moving average is $32.05 and its 200 day moving average is $35.82. The stock has a market cap of $5.16 billion, a price-to-earnings ratio of 12.69, a PEG ratio of 1.23 and a beta of 1.29. Vontier Co. has a twelve month low of $27.22 and a twelve month high of $41.61.

Vontier (NYSE:VNT) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.71 by $0.06. The business had revenue of $741.10 million for the quarter, compared to analysts’ expectations of $723.06 million. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The firm’s quarterly revenue was down 1.9% on a year-over-year basis. During the same period in the prior year, the firm posted $0.74 EPS. Research analysts expect that Vontier Co. will post 3.13 EPS for the current fiscal year.

Analyst Ratings Changes

VNT has been the topic of a number of recent analyst reports. Barclays lifted their target price on Vontier from $45.00 to $48.00 and gave the stock an “overweight” rating in a research note on Monday, May 5th. Citigroup lowered their price target on shares of Vontier from $45.00 to $36.00 and set a “buy” rating on the stock in a research report on Monday, April 14th. Finally, Robert W. Baird raised their target price on Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target 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.