Vontier Co. (NYSE:VNT) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC boosted its position in shares of Vontier Co. (NYSE:VNT - Free Report) by 11.2% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 1,311,344 shares of the company's stock after acquiring an additional 132,312 shares during the quarter. Janus Henderson Group PLC owned 0.87% of Vontier worth $44,246,000 at the end of the most recent reporting period.

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

Vontier Stock Up 0.3 %

NYSE VNT traded up $0.13 during midday trading on Friday, hitting $38.64. 731,303 shares of the company traded hands, compared to its average volume of 804,893. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.64 and a quick ratio of 1.23. The company has a market cap of $5.80 billion, a PE ratio of 14.74, a price-to-earnings-growth ratio of 1.83 and a beta of 1.24. The company's 50-day simple moving average is $36.50 and its 200-day simple moving average is $36.68. Vontier Co. has a 52 week low of $31.22 and a 52 week high of $45.62.

Vontier (NYSE:VNT - Get Free Report) last posted its quarterly earnings data on Thursday, October 31st. The company reported $0.73 earnings per share for the quarter, topping analysts' consensus estimates of $0.69 by $0.04. The firm had revenue of $750.00 million during the quarter, compared to analysts' expectations of $729.23 million. Vontier had a return on equity of 45.48% and a net margin of 13.54%. The business's quarterly revenue was down 2.0% on a year-over-year basis. During the same quarter last year, the firm earned $0.73 EPS. As a group, equities research analysts forecast that Vontier Co. will post 2.89 earnings per share for the current year.

Vontier Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be given a $0.025 dividend. The ex-dividend date is Thursday, November 21st. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.26%. Vontier's payout ratio is 3.83%.

Wall Street Analyst Weigh In

VNT has been the subject of a number of research reports. Argus lowered Vontier from a "buy" rating to a "hold" rating in a research note on Tuesday, August 20th. Evercore ISI reduced their price target on Vontier from $45.00 to $40.00 and set an "outperform" rating on the stock in a report on Monday, August 19th. Finally, Barclays increased their price target on Vontier from $44.00 to $46.00 and gave the stock an "overweight" rating in a report on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $44.50.

About Vontier

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.