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Geode Capital Management LLC Has $86.78 Million Stake in Vontier Co. (NYSE:VNT)

Vontier logo with Business Services background

Geode Capital Management LLC raised its position in Vontier Co. (NYSE:VNT - Free Report) by 0.7% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 2,571,207 shares of the company's stock after acquiring an additional 18,091 shares during the period. Geode Capital Management LLC owned about 1.71% of Vontier worth $86,776,000 as of its most recent filing with the SEC.

Other large investors have also recently bought and sold shares of the company. Massachusetts Financial Services Co. MA lifted its position in shares of Vontier by 305.1% in the second quarter. Massachusetts Financial Services Co. MA now owns 902,432 shares of the company's stock worth $34,473,000 after purchasing an additional 679,651 shares in the last quarter. Stanley Capital Management LLC bought a new stake in Vontier during the 2nd quarter worth about $17,954,000. River Road Asset Management LLC lifted its position 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 worth $79,510,000 after buying an additional 415,750 shares in the last quarter. Dimensional Fund Advisors LP boosted its stake in shares of Vontier by 12.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,565,767 shares of the company's stock worth $98,011,000 after buying an additional 277,389 shares during the last quarter. Finally, F M Investments LLC bought a new position in shares of Vontier in the 2nd quarter valued at about $9,877,000. Institutional investors and hedge funds own 95.83% of the company's stock.

Vontier Stock Performance

Vontier stock traded up $0.15 during mid-day trading on Friday, hitting $36.53. 4,047,301 shares of the company's stock traded hands, compared to its average volume of 822,585. Vontier Co. has a fifty-two week low of $31.22 and a fifty-two week high of $45.62. The stock has a market cap of $5.49 billion, a price-to-earnings ratio of 14.00, a P/E/G ratio of 1.85 and a beta of 1.24. The firm has a 50 day simple moving average of $37.56 and a two-hundred day simple moving average of $36.57. 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 (NYSE:VNT - Get Free Report) last posted its earnings results on Thursday, October 31st. The company reported $0.73 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.69 by $0.04. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The company had revenue of $750.00 million during the quarter, compared to analysts' expectations of $729.23 million. During the same quarter last year, the company posted $0.73 EPS. Vontier's quarterly revenue was down 2.0% compared to the same quarter last year. On average, research analysts expect that Vontier Co. will post 2.89 EPS for the current fiscal year.

Vontier Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st were given a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.27%. The ex-dividend date of this dividend was Thursday, November 21st. Vontier's payout ratio is 3.83%.

Analysts Set New Price Targets

Several analysts recently issued reports on the company. UBS Group assumed coverage on Vontier in a report on Tuesday, December 10th. They set a "buy" rating and a $47.00 target price on the stock. Citigroup upped their price objective on Vontier from $44.00 to $46.00 and gave the stock a "buy" rating in a research note on Monday, December 9th. Wolfe Research raised shares of Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 target price for the company in a research note on Thursday, December 12th. Finally, Barclays upped their price target on shares of Vontier from $44.00 to $46.00 and gave the stock an "overweight" rating in a research report on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $44.44.

View Our Latest Stock Analysis on Vontier

Vontier Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Vontier (NYSE:VNT)

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