9,015 Shares in Vontier Co. (NYSE:VNT) Acquired by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC purchased a new stake in Vontier Co. (NYSE:VNT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 9,015 shares of the company's stock, valued at approximately $329,000.

Other hedge funds have also modified their holdings of the company. Allspring Global Investments Holdings LLC raised its position in Vontier by 2,814.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 281,836 shares of the company's stock worth $10,164,000 after acquiring an additional 272,166 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in shares of Vontier in the fourth quarter valued at about $508,000. Integrated Investment Consultants LLC lifted its stake in shares of Vontier by 14.7% in the fourth 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 period. Wolverine Asset Management LLC purchased a new stake in Vontier during the fourth quarter worth about $2,918,000. Finally, Oppenheimer Asset Management Inc. grew its position in Vontier by 48.1% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 24,342 shares of the company's stock worth $888,000 after buying an additional 7,909 shares during the period. 95.83% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on VNT shares. Barclays lifted their price target on shares of Vontier from $45.00 to $46.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Robert W. Baird lifted their price target on Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 18th. Wolfe Research raised shares of Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 price objective on the stock in a research note on Thursday, December 12th. UBS Group started coverage on shares of Vontier in a report on Tuesday, December 10th. They issued a "buy" rating and a $47.00 price target on the stock. Finally, Citigroup reduced their price target on shares of Vontier from $46.00 to $44.00 and set a "buy" rating on the stock in a report on Monday, January 13th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $44.67.

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Vontier Trading Down 0.6 %

Shares of Vontier stock traded down $0.20 during mid-day trading on Friday, hitting $33.69. 1,000,538 shares of the stock were exchanged, compared to its average volume of 936,536. Vontier Co. has a twelve month low of $31.22 and a twelve month high of $45.62. The stock has a market capitalization of $5.01 billion, a price-to-earnings ratio of 12.25, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. The company has a 50-day simple moving average of $36.86 and a 200 day simple moving average of $36.35. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97.

Vontier (NYSE:VNT - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.79 by $0.01. Vontier had a net margin of 14.17% and a return on equity of 43.22%. The firm had revenue of $776.80 million for the quarter. Research analysts forecast that Vontier Co. will post 3.13 EPS for the current year.

Vontier Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a $0.025 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.30%. Vontier's dividend payout ratio (DPR) is presently 3.64%.

Vontier Company 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.