Vontier Co. (NYSE:VNT) Shares Purchased by Bridgewater Associates LP

Bridgewater Associates LP lifted its position in shares of Vontier Co. (NYSE:VNT - Free Report) by 153.6% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 102,747 shares of the company's stock after acquiring an additional 62,229 shares during the quarter. Bridgewater Associates LP owned 0.07% of Vontier worth $3,467,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of VNT. Boston Partners purchased a new position in Vontier in the 1st quarter valued at about $1,231,000. SG Americas Securities LLC increased its stake in shares of Vontier by 651.9% in the second quarter. SG Americas Securities LLC now owns 29,895 shares of the company's stock valued at $1,142,000 after purchasing an additional 25,919 shares during the period. Wedge Capital Management L L P NC increased its stake in shares of Vontier by 18.5% in the third quarter. Wedge Capital Management L L P NC now owns 374,117 shares of the company's stock valued at $12,623,000 after purchasing an additional 58,362 shares during the period. Stanley Capital Management LLC acquired a new stake in shares of Vontier in the second quarter valued at approximately $17,954,000. Finally, Cornercap Investment Counsel Inc. bought a new position in shares of Vontier in the second quarter valued at approximately $1,060,000. Hedge funds and other institutional investors own 95.83% of the company's stock.

Vontier Trading Up 0.2 %

Shares of NYSE:VNT traded up $0.08 on Friday, reaching $39.26. 675,918 shares of the company traded hands, compared to its average volume of 934,433. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 2.10. The stock has a market capitalization of $5.90 billion, a P/E ratio of 15.04, a price-to-earnings-growth ratio of 1.84 and a beta of 1.25. Vontier Co. has a 52 week low of $31.22 and a 52 week high of $45.62. The business's 50-day simple moving average is $36.04 and its 200 day simple moving average is $36.69.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings data on Thursday, October 31st. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.69 by $0.04. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The business had revenue of $750.00 million during the quarter, compared to analyst estimates of $729.23 million. During the same period last year, the business posted $0.73 earnings per share. Vontier's quarterly revenue was down 2.0% compared to the same quarter last year. As a group, equities analysts anticipate that Vontier Co. will post 2.89 EPS for the current fiscal year.

Vontier Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st will be given a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.25%. The ex-dividend date of this dividend is Thursday, November 21st. Vontier's dividend payout ratio (DPR) is presently 3.83%.

Analyst Ratings Changes

Several research analysts have recently issued reports on VNT shares. Barclays increased their price objective on shares of Vontier from $44.00 to $46.00 and gave the company an "overweight" rating in a report on Tuesday, November 5th. Evercore ISI reduced their target price on shares of Vontier from $45.00 to $40.00 and set an "outperform" rating for the company in a report on Monday, August 19th. Finally, Argus cut shares of Vontier from a "buy" rating to a "hold" rating in a report on Tuesday, August 20th. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $44.50.

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.