LSV Asset Management Lowers Stock Position in Vontier Co. (NYSE:VNT)

LSV Asset Management lessened its holdings in shares of Vontier Co. (NYSE:VNT - Free Report) by 2.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 1,480,847 shares of the company's stock after selling 30,750 shares during the quarter. LSV Asset Management owned about 0.99% of Vontier worth $54,006,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in VNT. Global X Japan Co. Ltd. grew its holdings in Vontier by 137.7% in the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock valued at $27,000 after buying an additional 431 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Vontier during the third quarter worth about $40,000. Farther Finance Advisors LLC raised its stake in Vontier by 44.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company's stock valued at $83,000 after buying an additional 700 shares during the period. Wealthfront Advisers LLC bought a new stake in shares of Vontier in the fourth quarter valued at about $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Vontier in the 4th quarter valued at about $99,000. 95.83% of the stock is owned by institutional investors.

Vontier Stock Performance

Vontier stock traded down $0.03 during trading hours on Tuesday, hitting $30.23. 880,457 shares of the stock traded hands, compared to its average volume of 865,331. The stock has a market capitalization of $4.50 billion, a price-to-earnings ratio of 10.99, a P/E/G ratio of 1.23 and a beta of 1.28. Vontier Co. has a 1 year low of $27.22 and a 1 year high of $42.04. The firm's 50 day moving average price is $34.47 and its 200-day moving average price is $36.14. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14.

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

Vontier Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Stockholders 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 dividend on an annualized basis and a dividend yield of 0.33%. Vontier's payout ratio is 3.64%.

Wall Street Analysts Forecast Growth

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