HM Payson & Co. bought a new stake in Vontier Co. (NYSE:VNT) during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 11,659 shares of the company’s stock, valued at approximately $389,000.

Other institutional investors have also recently made changes to their positions in the company. Bollard Group LLC acquired a new stake in Vontier in the 4th quarter valued at approximately $25,000. Berman Capital Advisors LLC acquired a new stake in Vontier in the 4th quarter valued at approximately $27,000. South State CORP. acquired a new stake in Vontier in the 4th quarter valued at approximately $29,000. Bedel Financial Consulting Inc. bought a new position in Vontier in the fourth quarter valued at approximately $33,000. Finally, Cullen Frost Bankers Inc. bought a new position in Vontier in the fourth quarter valued at approximately $33,000. 6.14% of the stock is currently owned by institutional investors and hedge funds.

Shares of NYSE VNT opened at $30.44 on Thursday. Vontier Co. has a 12 month low of $26.36 and a 12 month high of $39.00. The business’s 50 day simple moving average is $31.41.

Vontier (NYSE:VNT) last issued its earnings results on Wednesday, February 10th. The company reported $0.87 EPS for the quarter, topping the Thomson Reuters’ consensus estimate of $0.83 by $0.04. The business had revenue of $815.00 million for the quarter, compared to the consensus estimate of $784.90 million. On average, research analysts anticipate that Vontier Co. will post 2.42 earnings per share for the current fiscal year.

A number of research analysts have weighed in on VNT shares. Zacks Investment Research downgraded Vontier from a “hold” rating to a “sell” rating in a research note on Tuesday, February 23rd. Bank of America started coverage on Vontier in a research note on Thursday, February 25th. They issued a “buy” rating and a $38.00 price target for the company. Finally, Argus started coverage on Vontier in a research note on Tuesday, December 15th. They issued a “hold” rating for the company. One equities research analyst has rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the stock. The company currently has a consensus rating of “Buy” and a consensus target price of $39.83.

Vontier Company Profile

Vontier Corporation engages in the research and development, manufacture, sale, and distribution of critical technical equipment, components, software, and services for manufacturing, repair, and servicing in the mobility infrastructure industry worldwide. The company offers a range of solutions, including environmental sensors, fueling equipment, field payment hardware, remote management and workflow software, and vehicle tracking and fleet management software solutions for traffic light control and vehicle mechanics', and technicians' equipment.

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Institutional Ownership by Quarter for Vontier (NYSE:VNT)

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