Strs Ohio Has $147,000 Holdings in Vontier Corporation $VNT

Strs Ohio cut its holdings in Vontier Corporation (NYSE:VNT) by 91.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 3,497 shares of the company’s stock after selling 38,601 shares during the period. Strs Ohio’s holdings in Vontier were worth $147,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of the business. Lazard Asset Management LLC lifted its position in shares of Vontier by 7.7% in the second quarter. Lazard Asset Management LLC now owns 3,534 shares of the company’s stock worth $129,000 after buying an additional 253 shares during the last quarter. Parkside Financial Bank & Trust lifted its holdings in Vontier by 39.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 973 shares of the company’s stock worth $36,000 after purchasing an additional 273 shares during the last quarter. Versant Capital Management Inc boosted its position in Vontier by 15.4% during the third quarter. Versant Capital Management Inc now owns 2,235 shares of the company’s stock worth $94,000 after purchasing an additional 299 shares during the period. Blue Trust Inc. grew its holdings in Vontier by 5.8% during the third quarter. Blue Trust Inc. now owns 5,702 shares of the company’s stock valued at $239,000 after purchasing an additional 315 shares during the last quarter. Finally, Steward Partners Investment Advisory LLC grew its holdings in Vontier by 29.0% during the second quarter. Steward Partners Investment Advisory LLC now owns 1,505 shares of the company’s stock valued at $56,000 after purchasing an additional 338 shares during the last quarter. 95.83% of the stock is owned by institutional investors and hedge funds.

Vontier Stock Performance

NYSE VNT opened at $38.77 on Wednesday. The company’s fifty day moving average is $37.38 and its two-hundred day moving average is $39.52. Vontier Corporation has a 52-week low of $27.22 and a 52-week high of $43.88. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.18 and a quick ratio of 0.90. The firm has a market capitalization of $5.62 billion, a price-to-earnings ratio of 14.20, a P/E/G ratio of 1.57 and a beta of 1.28.

Wall Street Analyst Weigh In

VNT has been the subject of several recent analyst reports. KeyCorp decreased their price objective on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Bank of America reiterated an “underperform” rating and issued a $40.00 target price (down previously from $50.00) on shares of Vontier in a report on Friday, November 14th. Wall Street Zen cut shares of Vontier from a “buy” rating to a “hold” rating in a report on Sunday. Barclays lowered their price target on Vontier from $49.00 to $47.00 and set an “overweight” rating on the stock in a research report on Monday, November 3rd. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Vontier in a research note on Monday, December 29th. Seven research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.63.

Vontier Company Profile

Vontier is a global industrial technology company focused on advancing mobility infrastructure and transportation solutions. Established as a standalone public company in October 2020 through the spin-off of Fortive’s mobility and transportation platforms, Vontier is headquartered in Raleigh, North Carolina. The company’s mission centers on delivering innovative products and services that help customers meet evolving demands in fuel retail, fleet management, and automotive service.

The company’s diversified portfolio spans several well-known brands.