Crossmark Global Holdings Inc. Has $352,000 Holdings in Vontier Co. (NYSE:VNT)

Crossmark Global Holdings Inc. reduced its stake in Vontier Co. (NYSE:VNT - Free Report) by 90.5% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 10,422 shares of the company's stock after selling 99,616 shares during the period. Crossmark Global Holdings Inc.'s holdings in Vontier were worth $352,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also modified their holdings of the stock. Covestor Ltd lifted its holdings in Vontier by 37.1% during the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company's stock valued at $49,000 after purchasing an additional 395 shares during the last quarter. Blue Trust Inc. raised its holdings in shares of Vontier by 10.9% in the third quarter. Blue Trust Inc. now owns 4,171 shares of the company's stock valued at $141,000 after buying an additional 410 shares during the last quarter. Ritholtz Wealth Management raised its stake in shares of Vontier by 3.3% in the second quarter. Ritholtz Wealth Management now owns 13,129 shares of the company's stock worth $502,000 after acquiring an additional 420 shares during the last quarter. Benjamin Edwards Inc. lifted its stake in shares of Vontier by 6.2% during the second quarter. Benjamin Edwards Inc. now owns 7,729 shares of the company's stock valued at $295,000 after acquiring an additional 448 shares during the period. Finally, Creative Planning raised its stake in Vontier by 2.8% during the 2nd quarter. Creative Planning now owns 17,918 shares of the company's stock worth $684,000 after buying an additional 491 shares during the period. 95.83% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Vontier Stock Down 1.2 %

NYSE:VNT traded down $0.46 on Monday, hitting $37.62. 754,944 shares of the company's stock were exchanged, compared to its average volume of 803,975. The company has a market cap of $5.65 billion, a P/E ratio of 14.47, a price-to-earnings-growth ratio of 1.78 and a beta of 1.25. The firm has a 50-day moving average price of $34.93 and a 200-day moving average price of $36.80. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.64 and a quick ratio of 1.23. Vontier Co. has a 52 week low of $31.22 and a 52 week high of $45.62.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings results 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 during the quarter, compared to analysts' expectations of $729.23 million. Vontier had a return on equity of 45.48% and a net margin of 13.54%. The business's quarterly revenue was down 2.0% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.73 earnings per share. As a group, analysts expect that Vontier Co. will post 2.89 EPS for the current fiscal year.

Vontier Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be paid 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 0.27%. Vontier's dividend payout ratio is presently 3.83%.

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.