Janus Henderson Group PLC Has $52.67 Million Position in Vontier Co. (NYSE:VNT)

Janus Henderson Group PLC lifted its stake in shares of Vontier Co. (NYSE:VNT) by 1.1% during the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,161,243 shares of the company’s stock after purchasing an additional 13,160 shares during the quarter. Janus Henderson Group PLC owned about 0.75% of Vontier worth $52,674,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently made changes to their positions in the company. SG Americas Securities LLC bought a new position in Vontier in the 4th quarter valued at about $499,000. Raymond James & Associates lifted its position in Vontier by 2.2% in the 4th quarter. Raymond James & Associates now owns 286,287 shares of the company’s stock valued at $9,891,000 after acquiring an additional 6,038 shares in the last quarter. Pacer Advisors Inc. lifted its position in Vontier by 137.7% in the 4th quarter. Pacer Advisors Inc. now owns 30,809 shares of the company’s stock valued at $1,064,000 after acquiring an additional 17,846 shares in the last quarter. Assenagon Asset Management S.A. bought a new position in Vontier in the 4th quarter valued at about $2,192,000. Finally, Ritholtz Wealth Management lifted its position in Vontier by 12.6% in the 4th quarter. Ritholtz Wealth Management now owns 11,085 shares of the company’s stock valued at $383,000 after acquiring an additional 1,243 shares in the last quarter. Institutional investors own 95.83% of the company’s stock.

Vontier Price Performance

Shares of VNT traded down $0.48 during mid-day trading on Tuesday, reaching $38.89. 516,021 shares of the stock traded hands, compared to its average volume of 727,566. The firm has a fifty day moving average price of $39.18 and a 200 day moving average price of $39.94. The company has a market cap of $6.00 billion, a price-to-earnings ratio of 14.39, a price-to-earnings-growth ratio of 1.14 and a beta of 1.29. The company has a current ratio of 1.57, a quick ratio of 1.23 and a debt-to-equity ratio of 2.21. Vontier Co. has a 1 year low of $28.84 and a 1 year high of $45.62.

Vontier (NYSE:VNT) last posted its quarterly earnings data on Thursday, May 2nd. The company reported $0.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.69 by $0.05. Vontier had a net margin of 14.02% and a return on equity of 54.84%. The company had revenue of $755.80 million during the quarter, compared to the consensus estimate of $754.50 million. During the same period in the previous year, the firm posted $0.68 EPS. The firm’s revenue was down 2.7% compared to the same quarter last year. As a group, equities research analysts predict that Vontier Co. will post 3.15 earnings per share for the current year.

Analysts Set New Price Targets

Separately, Citigroup lifted their target price on shares of Vontier from $45.00 to $51.00 and gave the stock a “buy” rating in a research report on Monday, April 8th. One investment analyst has rated the stock with a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $45.00.

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.