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

RNC Capital Management LLC lowered its holdings in shares of Vontier Co. (NYSE:VNT) by 6.9% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 32,060 shares of the company’s stock after selling 2,390 shares during the period. RNC Capital Management LLC’s holdings in Vontier were worth $1,169,000 as of its most recent SEC filing.

Other large investors have also recently bought and sold shares of the company. River Road Asset Management LLC raised its position in Vontier by 21.4% during the 3rd quarter. River Road Asset Management LLC now owns 2,356,558 shares of the company’s stock worth $79,510,000 after buying an additional 415,750 shares during the last quarter. Retirement Systems of Alabama increased its holdings in shares of Vontier by 42.1% in the 4th quarter. Retirement Systems of Alabama now owns 705,740 shares of the company’s stock valued at $25,738,000 after purchasing an additional 209,227 shares in the last quarter. Jane Street Group LLC increased its holdings in shares of Vontier by 398.4% in the 3rd quarter. Jane Street Group LLC now owns 191,285 shares of the company’s stock valued at $6,454,000 after purchasing an additional 152,904 shares in the last quarter. Verition Fund Management LLC increased its holdings in Vontier by 1,414.9% during the 3rd quarter. Verition Fund Management LLC now owns 159,865 shares of the company’s stock valued at $5,394,000 after acquiring an additional 149,312 shares in the last quarter. Finally, Janus Henderson Group PLC increased its holdings in Vontier by 11.2% during the 3rd quarter. Janus Henderson Group PLC now owns 1,311,344 shares of the company’s stock valued at $44,246,000 after acquiring an additional 132,312 shares in the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Price Performance

VNT opened at $38.83 on Friday. The company’s 50 day simple moving average is $37.76 and its 200 day simple moving average is $36.17. The company has a debt-to-equity ratio of 2.10, a quick ratio of 1.23 and a current ratio of 1.64. Vontier Co. has a 1 year low of $31.22 and a 1 year high of $45.62. The stock has a market capitalization of $5.83 billion, a PE ratio of 14.88, a P/E/G ratio of 1.73 and a beta of 1.26.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the stock. Barclays dropped their target price on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a report on Wednesday, January 8th. UBS Group began coverage on shares of Vontier in a report on Tuesday, December 10th. They set a “buy” rating and a $47.00 target price for the company. Citigroup decreased their price target on shares of Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Finally, Wolfe Research raised shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price target on the stock in a research note on Thursday, December 12th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $44.63.

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.