Cinctive Capital Management LP Makes New $3.94 Million Investment in Vontier Co. (NYSE:VNT)

Cinctive Capital Management LP acquired a new stake in Vontier Co. (NYSE:VNT - Free Report) during the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund acquired 107,923 shares of the company's stock, valued at approximately $3,936,000. Cinctive Capital Management LP owned about 0.07% of Vontier at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the stock. Global X Japan Co. Ltd. grew its stake in Vontier by 137.7% in the 4th 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 last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Vontier during the third quarter worth approximately $40,000. Farther Finance Advisors LLC grew its position in shares of Vontier by 44.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company's stock valued at $83,000 after purchasing an additional 700 shares during the last quarter. Wealthfront Advisers LLC acquired a new position in shares of Vontier in the fourth quarter valued at approximately $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in Vontier during the 4th quarter worth approximately $99,000. 95.83% of the stock is owned by institutional investors.

Vontier Price Performance

VNT traded up $0.84 on Tuesday, hitting $29.26. 236,758 shares of the stock were exchanged, compared to its average volume of 849,340. The firm has a market capitalization of $4.35 billion, a price-to-earnings ratio of 10.63, a PEG ratio of 1.23 and a beta of 1.28. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. Vontier Co. has a 12 month low of $27.22 and a 12 month high of $43.41. The business has a 50-day moving average of $35.67 and a two-hundred day moving average of $36.34.

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

Vontier Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.34%. The ex-dividend date was Thursday, March 6th. Vontier's dividend payout ratio is presently 3.64%.

Analysts Set New Price Targets

VNT has been the topic of a number of research reports. Robert W. Baird upped their price objective on Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a report on Tuesday, February 18th. 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 note on Thursday, December 12th. Citigroup dropped their price objective on shares of Vontier from $46.00 to $44.00 and set a "buy" rating for the company in a research note on Monday, January 13th. UBS Group assumed coverage on shares of Vontier in a research report on Tuesday, December 10th. They set a "buy" rating and a $47.00 target price on the stock. Finally, Barclays dropped their price target on shares of Vontier from $46.00 to $45.00 and set an "overweight" rating for the company in a research report on Wednesday, March 26th. Two equities research 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 has a consensus rating of "Moderate Buy" and an average target price 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.