Geode Capital Management LLC Has $92.01 Million Holdings in Vontier Co. (NYSE:VNT)

Geode Capital Management LLC reduced its stake in shares of Vontier Co. (NYSE:VNT - Free Report) by 1.9% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,522,156 shares of the company's stock after selling 49,051 shares during the period. Geode Capital Management LLC owned 1.68% of Vontier worth $92,013,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. River Road Asset Management LLC raised its stake in shares of Vontier by 6.2% in the 4th quarter. River Road Asset Management LLC now owns 2,502,132 shares of the company's stock valued at $91,253,000 after acquiring an additional 145,574 shares in the last quarter. Norges Bank bought a new position in shares of Vontier in the fourth quarter valued at approximately $64,869,000. Bank of New York Mellon Corp lifted its stake in shares of Vontier by 2.1% in the fourth quarter. Bank of New York Mellon Corp now owns 1,506,595 shares of the company's stock worth $54,946,000 after buying an additional 30,362 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in Vontier by 0.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,480,343 shares of the company's stock valued at $53,988,000 after buying an additional 5,355 shares during the last quarter. Finally, Truist Financial Corp raised its holdings in Vontier by 5.4% in the 4th quarter. Truist Financial Corp now owns 1,415,317 shares of the company's stock worth $51,617,000 after acquiring an additional 72,787 shares during the period. Institutional investors and hedge funds own 95.83% of the company's stock.

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Vontier Trading Up 0.2 %

VNT stock traded up $0.05 during midday trading on Tuesday, reaching $30.31. The stock had a trading volume of 383,455 shares, compared to its average volume of 863,448. 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 twelve month low of $27.22 and a twelve month high of $42.04. The firm has a market cap of $4.51 billion, a price-to-earnings ratio of 11.02, a PEG ratio of 1.23 and a beta of 1.28. The business has a fifty day simple moving average of $34.47 and a two-hundred day simple moving average of $36.14.

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

Vontier Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were paid a dividend of $0.025 per share. The ex-dividend date was Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.33%. Vontier's dividend payout ratio (DPR) is presently 3.64%.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on VNT shares. Barclays decreased their price target on shares of Vontier from $46.00 to $45.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. Robert W. Baird raised their target price on Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a report on Tuesday, February 18th. Finally, Citigroup cut their price target on Vontier from $45.00 to $36.00 and set a "buy" rating for the company in a report on Monday. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and an average price target of $43.17.

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.