Hussman Strategic Advisors Inc. reduced its holdings in shares of Vontier Co. (NYSE:VNT - Free Report) by 50.0% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,000 shares of the company's stock after selling 42,000 shares during the quarter. Hussman Strategic Advisors Inc.'s holdings in Vontier were worth $1,604,000 at the end of the most recent quarter.
Other institutional investors and hedge funds also recently bought and sold shares of the company. CWM LLC boosted its stake in Vontier by 78.9% in the 4th quarter. CWM LLC now owns 1,911 shares of the company's stock worth $66,000 after purchasing an additional 843 shares during the period. Van ECK Associates Corp boosted its position in shares of Vontier by 20.1% in the fourth quarter. Van ECK Associates Corp now owns 49,689 shares of the company's stock valued at $1,717,000 after acquiring an additional 8,321 shares during the period. Benjamin Edwards Inc. grew its stake in Vontier by 13.4% during the fourth quarter. Benjamin Edwards Inc. now owns 5,353 shares of the company's stock valued at $185,000 after acquiring an additional 634 shares in the last quarter. Amalgamated Bank lifted its stake in Vontier by 7.7% in the 4th quarter. Amalgamated Bank now owns 120,044 shares of the company's stock worth $4,148,000 after purchasing an additional 8,597 shares in the last quarter. Finally, Benjamin F. Edwards & Company Inc. bought a new position in Vontier in the 4th quarter valued at $35,000. 95.83% of the stock is owned by institutional investors.
Vontier Trading Up 0.7 %
NYSE:VNT traded up $0.26 during trading hours on Friday, hitting $35.03. The company had a trading volume of 1,885,156 shares, compared to its average volume of 910,737. The stock has a 50-day moving average price of $36.85 and a 200 day moving average price of $39.79. The company has a market capitalization of $5.38 billion, a PE ratio of 12.69, a price-to-earnings-growth ratio of 1.54 and a beta of 1.29. The company has a debt-to-equity ratio of 2.14, a current ratio of 1.69 and a quick ratio of 1.26. Vontier Co. has a 52 week low of $28.84 and a 52 week high of $45.62.
Vontier (NYSE:VNT - Get Free Report) last announced its quarterly earnings data on Thursday, August 1st. The company reported $0.63 EPS for the quarter, missing the consensus estimate of $0.71 by ($0.08). Vontier had a net margin of 13.43% and a return on equity of 49.17%. The firm had revenue of $696.40 million for the quarter, compared to analysts' expectations of $746.43 million. During the same period last year, the company posted $0.67 earnings per share. The business's revenue for the quarter was down 8.9% compared to the same quarter last year. On average, equities research analysts predict that Vontier Co. will post 2.88 EPS for the current fiscal year.
Vontier Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Thursday, September 5th will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, September 5th. This represents a $0.10 dividend on an annualized basis and a yield of 0.29%. Vontier's dividend payout ratio is presently 3.62%.
Wall Street Analyst Weigh In
VNT has been the topic of several recent analyst reports. Robert W. Baird lowered their price target on Vontier from $44.00 to $42.00 and set a "neutral" rating on the stock in a report on Friday, August 2nd. Argus lowered shares of Vontier from a "buy" rating to a "hold" rating in a research report on Tuesday, August 20th. Evercore ISI decreased their price target on shares of Vontier from $45.00 to $40.00 and set an "outperform" rating on the stock in a report on Monday, August 19th. Finally, Barclays dropped their price objective on shares of Vontier from $50.00 to $44.00 and set an "overweight" rating for the company in a report on Monday, August 5th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $44.25.
Read Our Latest Analysis on Vontier
About Vontier
(
Free Report)
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.
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