Cerity Partners LLC Raises Stock Holdings in Vontier Co. (NYSE:VNT)

Cerity Partners LLC grew its stake in shares of Vontier Co. (NYSE:VNT - Free Report) by 223.0% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 103,041 shares of the company's stock after acquiring an additional 71,137 shares during the quarter. Cerity Partners LLC owned about 0.07% of Vontier worth $3,477,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in VNT. Cetera Investment Advisers lifted its position in Vontier by 94.0% during the first quarter. Cetera Investment Advisers now owns 42,138 shares of the company's stock valued at $1,911,000 after purchasing an additional 20,413 shares during the period. Cetera Advisors LLC raised its stake in Vontier by 276.5% during the 1st quarter. Cetera Advisors LLC now owns 29,292 shares of the company's stock valued at $1,329,000 after buying an additional 21,511 shares during the last quarter. Boston Partners bought a new position in shares of Vontier during the 1st quarter valued at $1,231,000. Transcend Capital Advisors LLC purchased a new position in shares of Vontier in the 2nd quarter worth $220,000. Finally, Olstein Capital Management L.P. grew its holdings in shares of Vontier by 39.2% in the second quarter. Olstein Capital Management L.P. now owns 204,000 shares of the company's stock worth $7,793,000 after acquiring an additional 57,500 shares during the period. Hedge funds and other institutional investors own 95.83% of the company's stock.

Vontier Stock Performance

NYSE VNT traded up $0.08 on Friday, reaching $39.26. 675,918 shares of the stock were exchanged, 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. Vontier Co. has a one year low of $31.22 and a one year high of $45.62. The firm has a market capitalization of $5.90 billion, a PE ratio of 15.04, a PEG ratio of 1.83 and a beta of 1.25. The company's 50-day simple moving average is $36.04 and its two-hundred day simple moving average is $36.72.

Vontier (NYSE:VNT - Get Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.69 by $0.04. The firm had revenue of $750.00 million for the quarter, compared to the consensus estimate of $729.23 million. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The company's revenue was down 2.0% on a year-over-year basis. During the same period last year, the firm earned $0.73 EPS. Analysts expect that Vontier Co. will post 2.89 EPS for the current fiscal year.

Vontier Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be given a $0.025 dividend. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.10 annualized dividend and a dividend yield of 0.25%. Vontier's payout ratio is 3.83%.

Wall Street Analyst Weigh In

A number of research firms recently commented on VNT. Barclays upped their price objective on Vontier from $44.00 to $46.00 and gave the company an "overweight" rating in a research report on Tuesday, November 5th. Evercore ISI lowered their price objective on shares of Vontier from $45.00 to $40.00 and set an "outperform" rating on the stock in a research note on Monday, August 19th. Robert W. Baird cut their target price on shares of Vontier from $44.00 to $42.00 and set a "neutral" rating for the company in a research report on Friday, August 2nd. Finally, Argus downgraded shares of Vontier from a "buy" rating to a "hold" rating in a research report on Tuesday, August 20th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $44.50.

Vontier 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.