Vontier Co. (NYSE:VNT) Shares Sold by Guggenheim Capital LLC

Guggenheim Capital LLC lessened its holdings in shares of Vontier Co. (NYSE:VNT - Free Report) by 54.6% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 27,147 shares of the company's stock after selling 32,634 shares during the quarter. Guggenheim Capital LLC's holdings in Vontier were worth $990,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently modified their holdings of VNT. River Road Asset Management LLC lifted its holdings in Vontier by 6.2% in the fourth quarter. River Road Asset Management LLC now owns 2,502,132 shares of the company's stock worth $91,253,000 after purchasing an additional 145,574 shares during the period. Norges Bank acquired a new stake in shares of Vontier in the 4th quarter worth approximately $64,869,000. Russell Investments Group Ltd. boosted its holdings in shares of Vontier by 11.2% in the fourth quarter. Russell Investments Group Ltd. now owns 1,598,584 shares of the company's stock valued at $58,300,000 after acquiring an additional 160,830 shares in the last quarter. Bank of New York Mellon Corp increased its stake in shares of Vontier by 2.1% during the fourth quarter. Bank of New York Mellon Corp now owns 1,506,595 shares of the company's stock valued at $54,946,000 after acquiring an additional 30,362 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its holdings in Vontier by 0.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,480,343 shares of the company's stock worth $53,988,000 after purchasing an additional 5,355 shares in the last quarter. Institutional investors own 95.83% of the company's stock.

Vontier Price Performance

NYSE VNT opened at $29.85 on Wednesday. Vontier Co. has a 1 year low of $27.22 and a 1 year high of $41.73. The stock's 50-day moving average price is $33.46 and its two-hundred day moving average price is $35.98. The company has a market cap of $4.43 billion, a PE ratio of 10.85, a PEG ratio of 1.23 and a beta of 1.28. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.79 by $0.01. Vontier had a net margin of 14.17% and a return on equity of 43.22%. The business had revenue of $776.80 million during the quarter. On average, analysts predict that Vontier Co. will post 3.13 EPS for the current year.

Analyst Ratings Changes

Several equities analysts have recently issued reports on the company. Robert W. Baird lifted their price target on Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a research report on Tuesday, February 18th. Citigroup dropped 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, Barclays reduced their price objective on shares of Vontier from $46.00 to $45.00 and set an "overweight" rating for the company in a research report on Wednesday, March 26th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, Vontier presently has a consensus rating of "Moderate Buy" and a consensus target price of $43.17.

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.

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