Harvey Investment Co. LLC Has $2.09 Million Stock Holdings in Vontier Co. (NYSE:VNT)

Harvey Investment Co. LLC increased its holdings in shares of Vontier Co. (NYSE:VNT) by 2.9% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 57,360 shares of the company’s stock after acquiring an additional 1,600 shares during the period. Harvey Investment Co. LLC’s holdings in Vontier were worth $2,092,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. Global X Japan Co. Ltd. boosted its holdings in Vontier by 137.7% during the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock valued at $27,000 after purchasing an additional 431 shares in the last quarter. International Assets Investment Management LLC lifted its position in shares of Vontier by 2,976.5% during the 3rd quarter. International Assets Investment Management LLC now owns 1,046 shares of the company’s stock worth $35,000 after buying an additional 1,012 shares during the period. Hazlett Burt & Watson Inc. acquired a new stake in Vontier in the 3rd quarter valued at $37,000. Wilmington Savings Fund Society FSB bought a new stake in Vontier in the third quarter valued at $40,000. Finally, Covestor Ltd raised its stake in Vontier by 37.1% during the third quarter. Covestor Ltd now owns 1,461 shares of the company’s stock worth $49,000 after acquiring an additional 395 shares in the last quarter. Institutional investors own 95.83% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Vontier Stock Performance

Shares of Vontier stock opened at $38.83 on Friday. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.64 and a quick ratio of 1.23. The firm has a 50 day simple moving average of $37.75 and a 200 day simple moving average of $36.19. Vontier Co. has a fifty-two week low of $31.22 and a fifty-two week high of $45.62. The firm has a market cap of $5.83 billion, a P/E ratio of 14.88, a P/E/G ratio of 1.73 and a beta of 1.26.

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.