Hantz Financial Services Inc. Has $2.80 Million Holdings in Vontier Corporation $VNT

Hantz Financial Services Inc. boosted its stake in shares of Vontier Corporation (NYSE:VNT) by 332.0% in the third quarter, HoldingsChannel reports. The firm owned 66,797 shares of the company’s stock after purchasing an additional 51,334 shares during the quarter. Hantz Financial Services Inc.’s holdings in Vontier were worth $2,803,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of VNT. Corient Private Wealth LLC boosted its holdings in shares of Vontier by 104.6% during the second quarter. Corient Private Wealth LLC now owns 4,793,944 shares of the company’s stock worth $176,897,000 after acquiring an additional 2,450,723 shares during the period. Norges Bank acquired a new stake in Vontier during the 2nd quarter worth approximately $66,535,000. Franklin Resources Inc. boosted its stake in Vontier by 81.6% in the 2nd quarter. Franklin Resources Inc. now owns 2,824,376 shares of the company’s stock valued at $104,219,000 after purchasing an additional 1,269,063 shares during the period. Ceredex Value Advisors LLC grew its holdings in Vontier by 195.2% in the 2nd quarter. Ceredex Value Advisors LLC now owns 1,023,750 shares of the company’s stock valued at $37,776,000 after buying an additional 677,000 shares in the last quarter. Finally, River Road Asset Management LLC increased its position in Vontier by 24.5% during the 2nd quarter. River Road Asset Management LLC now owns 3,115,850 shares of the company’s stock worth $114,975,000 after buying an additional 613,746 shares during the period. 95.83% of the stock is owned by institutional investors.

Vontier Stock Up 0.3%

Vontier stock opened at $40.32 on Friday. The firm has a market cap of $5.85 billion, a price-to-earnings ratio of 14.77, a PEG ratio of 1.67 and a beta of 1.28. 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 quick ratio of 0.90 and a current ratio of 1.18. The firm has a 50 day moving average price of $37.56 and a two-hundred day moving average price of $39.53.

Wall Street Analyst Weigh In

A number of equities research analysts have recently weighed in on VNT shares. Weiss Ratings downgraded shares of Vontier from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday. Robert W. Baird dropped their price objective on Vontier from $45.00 to $44.00 and set a “neutral” rating for the company in a report on Monday, November 3rd. KeyCorp cut their target price on Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Wall Street Zen cut Vontier from a “buy” rating to a “hold” rating in a research report on Sunday, February 1st. Finally, Barclays cut their price objective on shares of Vontier from $49.00 to $47.00 and set an “overweight” rating for the company in a research report on Monday, November 3rd. Six research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, Vontier presently has an average rating of “Moderate Buy” and an average target price of $45.63.

About Vontier

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.