Amundi cut its position in Vontier Co. (NYSE:VNT - Free Report) by 70.8% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 177,638 shares of the company's stock after selling 430,615 shares during the quarter. Amundi owned 0.12% of Vontier worth $6,416,000 as of its most recent SEC filing.
Several other large investors have also recently bought and sold shares of the company. Global X Japan Co. Ltd. increased its stake in shares of Vontier by 137.7% in the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock valued at $27,000 after buying an additional 431 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in Vontier in the 3rd quarter valued at approximately $40,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Vontier during the fourth quarter valued at $99,000. Venturi Wealth Management LLC raised its stake in shares of Vontier by 1,762.4% during the fourth quarter. Venturi Wealth Management LLC now owns 4,265 shares of the company's stock valued at $156,000 after acquiring an additional 4,036 shares during the last quarter. Finally, National Bank of Canada FI lifted its holdings in shares of Vontier by 12.5% during the third quarter. National Bank of Canada FI now owns 4,345 shares of the company's stock worth $147,000 after purchasing an additional 482 shares during the period. 95.83% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
VNT has been the subject of a number of recent research reports. UBS Group initiated coverage on Vontier in a report on Tuesday, December 10th. They issued a "buy" rating and a $47.00 price objective for the company. Citigroup decreased their price target on Vontier from $46.00 to $44.00 and set a "buy" rating for the company in a research note on Monday, January 13th. Barclays lifted their price objective on Vontier from $45.00 to $46.00 and gave the stock an "overweight" rating in a research note on Friday, February 14th. Robert W. Baird increased their target price on shares of Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a research report on Tuesday, February 18th. Finally, Wolfe Research upgraded shares of Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 price target on the stock in a research report on Thursday, December 12th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, Vontier presently has an average rating of "Moderate Buy" and a consensus target price of $44.67.
View Our Latest Stock Analysis on Vontier
Vontier Trading Up 3.1 %
VNT stock traded up $1.02 during mid-day trading on Wednesday, reaching $34.35. The company's stock had a trading volume of 891,526 shares, compared to its average volume of 921,830. The business's 50 day moving average price is $36.94 and its 200 day moving average price is $36.38. Vontier Co. has a 12 month low of $31.22 and a 12 month high of $45.62. The company has a market cap of $5.11 billion, a price-to-earnings ratio of 12.49, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. 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 issued its earnings results on Thursday, February 13th. The company reported $0.80 EPS for the quarter, beating analysts' consensus estimates of $0.79 by $0.01. The business had revenue of $776.80 million during the quarter. Vontier had a return on equity of 43.22% and a net margin of 14.17%. On average, equities research analysts predict that Vontier Co. will post 3.13 EPS for the current year.
Vontier Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.29%. The ex-dividend date of this dividend is Thursday, March 6th. Vontier's payout ratio is presently 3.64%.
About Vontier
(
Free Report)
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.
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