Fox Run Management L.L.C. Acquires New Holdings in Vontier Co. (NYSE:VNT)

Fox Run Management L.L.C. bought a new position in Vontier Co. (NYSE:VNT - Free Report) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 20,019 shares of the company's stock, valued at approximately $730,000.

Several other institutional investors have also recently bought and sold shares of VNT. Allspring Global Investments Holdings LLC increased its stake in shares of Vontier by 2,814.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 281,836 shares of the company's stock worth $10,164,000 after purchasing an additional 272,166 shares during the period. Proficio Capital Partners LLC acquired a new position in shares of Vontier during the fourth quarter worth approximately $508,000. Integrated Investment Consultants LLC boosted its position in shares of Vontier by 14.7% in the fourth quarter. Integrated Investment Consultants LLC now owns 67,480 shares of the company's stock valued at $2,461,000 after acquiring an additional 8,657 shares during the period. Wolverine Asset Management LLC acquired a new stake in shares of Vontier in the fourth quarter worth $2,918,000. Finally, Oppenheimer Asset Management Inc. increased its position in Vontier by 48.1% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 24,342 shares of the company's stock worth $888,000 after acquiring an additional 7,909 shares during the period. Institutional investors own 95.83% of the company's stock.

Vontier Price Performance

NYSE:VNT traded down $0.77 on Friday, reaching $32.77. The stock had a trading volume of 823,382 shares, compared to its average volume of 845,315. The company has a market capitalization of $4.87 billion, a P/E ratio of 11.92, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97. Vontier Co. has a 1-year low of $31.22 and a 1-year high of $45.62. The stock has a fifty day moving average price of $36.53 and a 200-day moving average price of $36.37.

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Vontier (NYSE:VNT - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.80 EPS for the quarter, topping 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 company had revenue of $776.80 million for the quarter. Research analysts forecast that Vontier Co. will post 3.13 EPS for the current year.

Vontier Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were issued a $0.025 dividend. The ex-dividend date was Thursday, March 6th. This represents a $0.10 annualized dividend and a yield of 0.31%. Vontier's dividend payout ratio is currently 3.64%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the stock. 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 report on Thursday, December 12th. Citigroup decreased their price objective on Vontier from $46.00 to $44.00 and set a "buy" rating on the stock in a report on Monday, January 13th. Robert W. Baird raised their target price on Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 18th. UBS Group started coverage on shares of Vontier in a report on Tuesday, December 10th. They issued a "buy" rating and a $47.00 price target on the stock. Finally, Barclays dropped their price objective on shares of Vontier from $46.00 to $45.00 and set an "overweight" rating for the company in a research note on Wednesday. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, Vontier presently has a consensus rating of "Moderate Buy" and an average target price of $44.50.

Vontier Company 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.