Vontier Co. (NYSE:VNT) Shares Sold by Epoch Investment Partners Inc.

Epoch Investment Partners Inc. trimmed its holdings in Vontier Co. (NYSE:VNT - Free Report) by 92.5% in the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 22,647 shares of the company's stock after selling 280,028 shares during the quarter. Epoch Investment Partners Inc.'s holdings in Vontier were worth $1,027,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors also recently modified their holdings of the business. Nordea Investment Management AB grew its position in Vontier by 83.7% during the 1st quarter. Nordea Investment Management AB now owns 209,648 shares of the company's stock valued at $9,459,000 after purchasing an additional 95,549 shares during the last quarter. Olstein Capital Management L.P. purchased a new stake in Vontier during the 4th quarter valued at about $3,662,000. Assenagon Asset Management S.A. purchased a new stake in Vontier during the 4th quarter valued at about $2,192,000. Mutual of America Capital Management LLC grew its position in Vontier by 71.0% during the 4th quarter. Mutual of America Capital Management LLC now owns 172,197 shares of the company's stock valued at $5,949,000 after purchasing an additional 71,515 shares during the last quarter. Finally, Segment Wealth Management LLC purchased a new stake in Vontier during the 4th quarter valued at about $900,000. 95.83% of the stock is currently owned by institutional investors.

Vontier Stock Performance

Shares of NYSE VNT traded up $0.67 during trading on Friday, reaching $39.24. 745,023 shares of the company traded hands, compared to its average volume of 668,073. The firm has a 50 day simple moving average of $39.20 and a 200-day simple moving average of $39.91. The company has a quick ratio of 1.23, a current ratio of 1.57 and a debt-to-equity ratio of 2.21. The stock has a market capitalization of $6.06 billion, a PE ratio of 14.22, a P/E/G ratio of 1.14 and a beta of 1.29. Vontier Co. has a 52-week low of $28.84 and a 52-week high of $45.62.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings data on Thursday, May 2nd. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.05. Vontier had a net margin of 14.02% and a return on equity of 54.84%. The firm had revenue of $755.80 million for the quarter, compared to analysts' expectations of $754.50 million. During the same quarter in the prior year, the business earned $0.68 EPS. The business's quarterly revenue was down 2.7% on a year-over-year basis. Equities research analysts anticipate that Vontier Co. will post 3.15 earnings per share for the current year.

Wall Street Analyst Weigh In

Separately, Citigroup increased their price objective on shares of Vontier from $45.00 to $51.00 and gave the company a "buy" rating in a research report on Monday, April 8th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $45.00.

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.