Vontier Co. (NYSE:VNT) Stake Raised by First Trust Advisors LP

First Trust Advisors LP grew its holdings in shares of Vontier Co. (NYSE:VNT - Free Report) by 58.7% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 743,649 shares of the company's stock after purchasing an additional 274,997 shares during the quarter. First Trust Advisors LP owned approximately 0.50% of Vontier worth $27,121,000 at the end of the most recent quarter.

Other large investors also recently made changes to their positions in the company. Epoch Investment Partners Inc. acquired a new stake in shares of Vontier during the 4th quarter worth $1,246,000. Cramer Rosenthal Mcglynn LLC increased its holdings in shares of Vontier by 22.5% during the 4th quarter. Cramer Rosenthal Mcglynn LLC now owns 1,060,432 shares of the company's stock worth $38,674,000 after buying an additional 195,091 shares during the last quarter. CANADA LIFE ASSURANCE Co increased its holdings in shares of Vontier by 3.4% during the 4th quarter. CANADA LIFE ASSURANCE Co now owns 132,473 shares of the company's stock worth $4,830,000 after buying an additional 4,308 shares during the last quarter. Canada Pension Plan Investment Board acquired a new stake in shares of Vontier during the 4th quarter worth $609,000. Finally, Marshall Wace LLP acquired a new stake in shares of Vontier during the 4th quarter worth $1,430,000. Hedge funds and other institutional investors own 95.83% of the company's stock.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on VNT shares. Robert W. Baird upped their price objective on Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a report on Tuesday, February 18th. Citigroup dropped their price objective on Vontier from $45.00 to $36.00 and set a "buy" rating for the company in a report on Monday, April 14th. Finally, Barclays dropped their price objective on Vontier from $46.00 to $45.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $43.17.

Vontier Stock Down 0.1 %

NYSE VNT traded down $0.03 during trading hours on Tuesday, hitting $31.31. The company had a trading volume of 799,652 shares, compared to its average volume of 882,372. Vontier Co. has a fifty-two week low of $27.22 and a fifty-two week high of $41.73. The company has a market capitalization of $4.64 billion, a price-to-earnings ratio of 11.39, a P/E/G ratio of 1.23 and a beta of 1.28. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. The firm's 50 day moving average is $32.77 and its 200 day moving average is $35.92.

Vontier (NYSE:VNT - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.01. The company had revenue of $776.80 million during the quarter. Vontier had a return on equity of 43.22% and a net margin of 14.17%. Sell-side analysts anticipate that Vontier Co. will post 3.13 earnings per share for the current fiscal 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.