Rockefeller Capital Management L.P. Makes New Investment in Vontier Co. (NYSE:VNT)

Rockefeller Capital Management L.P. acquired a new stake in Vontier Co. (NYSE:VNT - Free Report) in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund acquired 10,100 shares of the company's stock, valued at approximately $368,000.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in VNT. Global X Japan Co. Ltd. increased its position in shares of Vontier by 137.7% during the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock worth $27,000 after purchasing an additional 431 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Vontier in the third quarter valued at about $40,000. Farther Finance Advisors LLC lifted its stake in shares of Vontier by 44.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company's stock worth $83,000 after buying an additional 700 shares in the last quarter. Covestor Ltd boosted its position in Vontier by 66.8% during the fourth quarter. Covestor Ltd now owns 2,437 shares of the company's stock worth $89,000 after acquiring an additional 976 shares during the last quarter. Finally, Wealthfront Advisers LLC purchased a new stake in Vontier during the 4th quarter valued at about $98,000. Hedge funds and other institutional investors own 95.83% of the company's stock.

Vontier Trading Up 0.1 %

Shares of NYSE VNT traded up $0.02 during mid-day trading on Friday, reaching $31.31. 672,959 shares of the company's stock were exchanged, compared to its average volume of 882,831. The company's 50-day moving average is $32.94 and its 200-day moving average is $35.92. 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 firm has a market capitalization of $4.64 billion, a price-to-earnings ratio of 11.39, a PEG ratio of 1.23 and a beta of 1.28. Vontier Co. has a 52-week low of $27.22 and a 52-week high of $41.73.

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, topping the consensus estimate of $0.79 by $0.01. The company had revenue of $776.80 million during the quarter. Vontier had a net margin of 14.17% and a return on equity of 43.22%. Analysts expect that Vontier Co. will post 3.13 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on VNT shares. Citigroup lowered their target price on Vontier from $45.00 to $36.00 and set a "buy" rating on the stock in a report on Monday, April 14th. 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. Finally, Barclays lowered their price target on shares of Vontier from $46.00 to $45.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 26th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $43.17.

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.