Blair William & Co. IL Sells 342 Shares of Vontier Corporation (NYSE:VNT)

Blair William & Co. IL lessened its holdings in shares of Vontier Corporation (NYSE:VNT) by 2.6% in the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 13,023 shares of the company’s stock after selling 342 shares during the quarter. Blair William & Co. IL’s holdings in Vontier were worth $428,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. New York State Teachers Retirement System boosted its position in shares of Vontier by 4.5% during the 1st quarter. New York State Teachers Retirement System now owns 175,630 shares of the company’s stock valued at $5,769,000 after acquiring an additional 7,547 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new stake in shares of Vontier during the 1st quarter valued at about $975,000. Sequoia Financial Advisors LLC boosted its position in shares of Vontier by 9.9% during the 1st quarter. Sequoia Financial Advisors LLC now owns 85,944 shares of the company’s stock valued at $2,823,000 after acquiring an additional 7,743 shares during the last quarter. Oppenheimer Asset Management Inc. boosted its position in shares of Vontier by 23.8% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 30,142 shares of the company’s stock valued at $990,000 after acquiring an additional 5,800 shares during the last quarter. Finally, GAMMA Investing LLC boosted its position in shares of Vontier by 5,158.4% during the 1st quarter. GAMMA Investing LLC now owns 72,566 shares of the company’s stock valued at $2,209,000 after acquiring an additional 71,186 shares during the last quarter. Institutional investors own 95.83% of the company’s stock.

Vontier Price Performance

Shares of Vontier stock opened at $40.35 on Tuesday. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.08 and a quick ratio of 0.80. The business’s 50 day simple moving average is $38.03 and its two-hundred day simple moving average is $35.76. The stock has a market capitalization of $5.92 billion, a P/E ratio of 15.34, a price-to-earnings-growth ratio of 1.35 and a beta of 1.31. Vontier Corporation has a one year low of $27.22 and a one year high of $42.00.

Vontier (NYSE:VNT) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.07. The business had revenue of $773.50 million for the quarter, compared to analysts’ expectations of $734.23 million. Vontier had a return on equity of 41.96% and a net margin of 12.99%. The business’s quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.63 EPS. Analysts forecast that Vontier Corporation will post 3.13 EPS for the current year.

Analyst Ratings Changes

A number of brokerages have recently issued reports on VNT. Evercore ISI lifted their price target on Vontier from $45.00 to $47.00 and gave the company an “outperform” rating in a research report on Monday, May 19th. Wall Street Zen raised Vontier from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. Barclays reissued an “overweight” rating on shares of Vontier in a report on Monday, August 4th. Robert W. Baird raised their price objective on Vontier from $40.00 to $45.00 and gave the company a “neutral” rating in a report on Monday, August 4th. Finally, The Goldman Sachs Group reissued a “neutral” rating on shares of Vontier in a report on Thursday, July 31st. Two analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, Vontier currently has an average rating of “Moderate Buy” and a consensus target price of $47.14.

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.