Vontier Co. (NYSE:VNT) Shares Bought by Foster & Motley Inc.

Foster & Motley Inc. increased its holdings in Vontier Co. (NYSE:VNT - Free Report) by 227.8% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 46,327 shares of the company's stock after purchasing an additional 32,193 shares during the quarter. Foster & Motley Inc.'s holdings in Vontier were worth $1,563,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Dimensional Fund Advisors LP raised its stake in Vontier by 12.1% during the second quarter. Dimensional Fund Advisors LP now owns 2,565,767 shares of the company's stock valued at $98,011,000 after buying an additional 277,389 shares during the last quarter. Mackenzie Financial Corp lifted its position in Vontier by 9.8% in the 2nd quarter. Mackenzie Financial Corp now owns 2,541,319 shares of the company's stock valued at $97,078,000 after acquiring an additional 227,388 shares in the last quarter. River Road Asset Management LLC boosted its stake in Vontier by 21.4% during 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 purchasing an additional 415,750 shares during the last quarter. Thompson Siegel & Walmsley LLC increased its holdings in shares of Vontier by 2.3% in the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 1,943,778 shares of the company's stock worth $74,252,000 after purchasing an additional 44,254 shares in the last quarter. Finally, LSV Asset Management raised its stake in shares of Vontier by 3.7% in the second quarter. LSV Asset Management now owns 1,716,847 shares of the company's stock worth $65,584,000 after purchasing an additional 61,526 shares during the last quarter. 95.83% of the stock is owned by hedge funds and other institutional investors.

Vontier Price Performance

Shares of Vontier stock traded up $0.16 during trading on Thursday, hitting $40.18. 409,999 shares of the company were exchanged, compared to its average volume of 797,172. The company has a quick ratio of 1.23, a current ratio of 1.64 and a debt-to-equity ratio of 2.10. The firm has a 50 day moving average price of $34.05 and a 200 day moving average price of $36.86. The stock has a market capitalization of $6.04 billion, a price-to-earnings ratio of 15.33, a P/E/G ratio of 1.73 and a beta of 1.25. Vontier Co. has a fifty-two week low of $31.22 and a fifty-two 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, 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 firm had revenue of $750.00 million during the quarter, compared to analyst estimates of $729.23 million. During the same quarter in the prior year, the business posted $0.73 earnings per share. Vontier's revenue for the quarter was down 2.0% compared to the same quarter last year. On average, equities analysts expect that Vontier Co. will post 2.89 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 26th. Shareholders of record on Thursday, September 5th were paid a dividend of $0.025 per share. The ex-dividend date was Thursday, September 5th. This represents a $0.10 annualized dividend and a yield of 0.25%. Vontier's dividend payout ratio is currently 3.83%.

Analyst Ratings Changes

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