Jane Street Group LLC Has $6.45 Million Stake in Vontier Co. (NYSE:VNT)

Jane Street Group LLC boosted its position in Vontier Co. (NYSE:VNT - Free Report) by 398.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 191,285 shares of the company's stock after buying an additional 152,904 shares during the quarter. Jane Street Group LLC owned approximately 0.13% of Vontier worth $6,454,000 at the end of the most recent reporting period.

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

Wall Street Analyst Weigh In

VNT has been the topic of several recent research reports. Argus lowered shares of Vontier from a "buy" rating to a "hold" rating in a research report on Tuesday, August 20th. Wolfe Research raised Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 price target for the company in a report on Thursday. Evercore ISI reduced their price objective on Vontier from $45.00 to $40.00 and set an "outperform" rating on the stock in a research note on Monday, August 19th. Barclays raised their target price on Vontier from $44.00 to $46.00 and gave the company an "overweight" rating in a research note on Tuesday, November 5th. Finally, Citigroup upped their price target on shares of Vontier from $44.00 to $46.00 and gave the stock a "buy" rating in a research report on Monday, December 9th. Three analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $44.44.

Vontier Trading Down 0.8 %

Vontier stock traded down $0.31 during mid-day trading on Friday, hitting $39.60. The stock had a trading volume of 763,777 shares, compared to its average volume of 786,689. The stock has a market capitalization of $5.95 billion, a PE ratio of 15.17, a P/E/G ratio of 1.85 and a beta of 1.24. Vontier Co. has a 12 month low of $31.22 and a 12 month high of $45.62. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 2.10. The stock has a 50-day simple moving average of $37.18 and a two-hundred day simple moving average of $36.62.

Vontier (NYSE:VNT - Get Free Report) last issued its earnings results on Thursday, October 31st. The company reported $0.73 earnings per share (EPS) for the quarter, beating 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 company had revenue of $750.00 million for the quarter, compared to analyst estimates of $729.23 million. During the same quarter last year, the firm earned $0.73 EPS. The company's revenue for the quarter was down 2.0% on a year-over-year basis. As a group, sell-side analysts forecast that Vontier Co. will post 2.89 EPS for the current year.

Vontier Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Thursday, November 21st were issued a $0.025 dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.10 dividend on an annualized basis and a yield of 0.25%. 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.