Clark Estates Inc. NY Buys Shares of 83,841 Vontier Co. (NYSE:VNT)

Clark Estates Inc. NY acquired a new position in Vontier Co. (NYSE:VNT - Free Report) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 83,841 shares of the company's stock, valued at approximately $3,058,000. Clark Estates Inc. NY owned approximately 0.06% of Vontier at the end of the most recent quarter.

Several other hedge funds have also recently made changes to their positions in the business. International Assets Investment Management LLC increased its position in Vontier by 2,976.5% in the 3rd quarter. International Assets Investment Management LLC now owns 1,046 shares of the company's stock valued at $35,000 after buying an additional 1,012 shares in the last quarter. Van ECK Associates Corp bought a new stake in Vontier in the 3rd quarter valued at about $2,611,000. Hazlett Burt & Watson Inc. bought a new stake in Vontier in the 3rd quarter valued at about $37,000. River Road Asset Management LLC increased its position in Vontier by 21.4% in the 3rd quarter. River Road Asset Management LLC now owns 2,356,558 shares of the company's stock valued at $79,510,000 after buying an additional 415,750 shares in the last quarter. Finally, Foster & Motley Inc. increased its position in Vontier by 227.8% in the 3rd quarter. Foster & Motley Inc. now owns 46,327 shares of the company's stock valued at $1,563,000 after buying an additional 32,193 shares in the last quarter. 95.83% of the stock is owned by institutional investors.

Vontier Stock Performance

Shares of NYSE VNT traded down $0.37 during midday trading on Friday, reaching $33.60. The company's stock had a trading volume of 2,015,055 shares, compared to its average volume of 887,184. Vontier Co. has a 12-month low of $31.22 and a 12-month high of $45.62. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. The firm has a 50 day moving average price of $37.51 and a 200-day moving average price of $36.46. The stock has a market capitalization of $5.00 billion, a P/E ratio of 12.22, a PEG ratio of 1.23 and a beta of 1.26.

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Vontier (NYSE:VNT - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.79 by $0.01. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The business had revenue of $776.80 million for the quarter. As a group, equities analysts predict that Vontier Co. will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be paid a $0.025 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.10 annualized dividend and a yield of 0.30%. Vontier's payout ratio is 3.64%.

Wall Street Analyst Weigh In

VNT has been the subject of a number of research analyst reports. Robert W. Baird boosted their target price on Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a research report on Tuesday, February 18th. Barclays boosted their target price on Vontier from $45.00 to $46.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Citigroup decreased their target price on Vontier from $46.00 to $44.00 and set a "buy" rating for the company in a research report on Monday, January 13th. Wolfe Research upgraded Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 price target for the company in a research note on Thursday, December 12th. Finally, UBS Group started coverage on Vontier in a research note on Tuesday, December 10th. They set a "buy" rating and a $47.00 price target for the company. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $45.43.

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.