Klein Pavlis & Peasley Financial Inc. Buys 1,400 Shares of Vontier Co. (NYSE:VNT)

Klein Pavlis & Peasley Financial Inc. raised its stake in Vontier Co. (NYSE:VNT) by 4.0% in the fourth quarter, Holdings Channel reports. The firm owned 36,700 shares of the company’s stock after acquiring an additional 1,400 shares during the quarter. Klein Pavlis & Peasley Financial Inc.’s holdings in Vontier were worth $1,338,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Wedge Capital Management L L P NC increased its holdings in Vontier by 18.5% during the third quarter. Wedge Capital Management L L P NC now owns 374,117 shares of the company’s stock worth $12,623,000 after buying an additional 58,362 shares during the last quarter. Integrated Investment Consultants LLC lifted its stake in Vontier by 14.7% in the 4th quarter. Integrated Investment Consultants LLC now owns 67,480 shares of the company’s stock valued at $2,461,000 after purchasing an additional 8,657 shares during the last quarter. Fifth Third Wealth Advisors LLC bought a new position in Vontier during the fourth quarter worth about $223,000. Holocene Advisors LP acquired a new position in Vontier during the third quarter worth approximately $1,349,000. Finally, SG Americas Securities LLC raised its stake in Vontier by 6.6% in the third quarter. SG Americas Securities LLC now owns 31,860 shares of the company’s stock valued at $1,075,000 after buying an additional 1,965 shares during the period. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Stock Performance

Shares of Vontier stock opened at $38.86 on Thursday. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 2.10. The company has a market cap of $5.84 billion, a PE ratio of 14.89, a price-to-earnings-growth ratio of 1.73 and a beta of 1.26. The company has a 50 day moving average of $37.76 and a 200-day moving average of $36.17. Vontier Co. has a 1-year low of $31.22 and a 1-year high of $45.62.

Wall Street Analysts Forecast Growth

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

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.