New York State Teachers Retirement System Has $6.13 Million Stake in Vontier Co. (NYSE:VNT)

New York State Teachers Retirement System decreased its position in Vontier Co. (NYSE:VNT - Free Report) by 6.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 168,083 shares of the company's stock after selling 11,371 shares during the period. New York State Teachers Retirement System owned about 0.11% of Vontier worth $6,130,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Geode Capital Management LLC boosted its stake in Vontier by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 2,571,207 shares of the company's stock worth $86,776,000 after purchasing an additional 18,091 shares during the period. River Road Asset Management LLC boosted its stake in Vontier by 21.4% in the 3rd quarter. River Road Asset Management LLC now owns 2,356,558 shares of the company's stock worth $79,510,000 after purchasing an additional 415,750 shares during the period. Charles Schwab Investment Management Inc. boosted its stake in Vontier by 3.0% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,474,988 shares of the company's stock worth $49,766,000 after purchasing an additional 42,357 shares during the period. Janus Henderson Group PLC boosted its stake in Vontier by 11.2% in the 3rd quarter. Janus Henderson Group PLC now owns 1,311,344 shares of the company's stock worth $44,246,000 after purchasing an additional 132,312 shares during the period. Finally, Royce & Associates LP boosted its stake in shares of Vontier by 7.2% during the 3rd quarter. Royce & Associates LP now owns 1,222,833 shares of the company's stock valued at $41,258,000 after buying an additional 81,981 shares during the period. Institutional investors and hedge funds own 95.83% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Citigroup decreased their target price on shares of Vontier from $46.00 to $44.00 and set a "buy" rating for the company in a research note on Monday, January 13th. 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. Barclays lifted their target price on shares of Vontier from $45.00 to $46.00 and gave the company an "overweight" rating in a research note on Friday, February 14th. UBS Group assumed coverage on shares of Vontier in a research note on Tuesday, December 10th. They set a "buy" rating and a $47.00 target price for the company. Finally, Robert W. Baird lifted their target price on shares of Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a research note on Tuesday. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $45.43.

Vontier Stock Down 2.2 %

NYSE:VNT traded down $0.87 during trading hours on Friday, reaching $37.76. The company's stock had a trading volume of 1,645,229 shares, compared to its average volume of 791,148. The company has a market cap of $5.61 billion, a price-to-earnings ratio of 13.73, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. Vontier Co. has a one year low of $31.22 and a one year high of $45.62. The business's 50-day moving average is $37.67 and its 200-day moving average is $36.27. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14.

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

Vontier Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date is Thursday, March 6th. Vontier's dividend payout ratio is 3.64%.

Vontier Company 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.