Quantbot Technologies LP Has $1.34 Million Stake in Vontier Co. (NYSE:VNT)

Quantbot Technologies LP lifted its holdings in shares of Vontier Co. (NYSE:VNT - Free Report) by 1,071.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The fund owned 39,804 shares of the company's stock after purchasing an additional 36,407 shares during the period. Quantbot Technologies LP's holdings in Vontier were worth $1,343,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VNT. Dimensional Fund Advisors LP lifted its holdings in Vontier by 12.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,565,767 shares of the company's stock worth $98,011,000 after buying an additional 277,389 shares in the last quarter. Mackenzie Financial Corp raised its position in shares of Vontier by 9.8% during the second quarter. Mackenzie Financial Corp now owns 2,541,319 shares of the company's stock worth $97,078,000 after acquiring an additional 227,388 shares during the last quarter. River Road Asset Management LLC lifted its stake in shares of Vontier by 21.4% during the third quarter. River Road Asset Management LLC now owns 2,356,558 shares of the company's stock valued at $79,510,000 after acquiring an additional 415,750 shares during the period. Thompson Siegel & Walmsley LLC boosted its holdings in Vontier by 2.3% in the second quarter. Thompson Siegel & Walmsley LLC now owns 1,943,778 shares of the company's stock valued at $74,252,000 after acquiring an additional 44,254 shares during the last quarter. Finally, LSV Asset Management increased its position in Vontier by 3.7% in the second quarter. LSV Asset Management now owns 1,716,847 shares of the company's stock worth $65,584,000 after purchasing an additional 61,526 shares during the period. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Vontier Trading Up 0.2 %

VNT traded up $0.08 during mid-day trading on Friday, hitting $39.26. The stock had a trading volume of 675,918 shares, compared to its average volume of 934,433. The stock's fifty day simple moving average is $36.04 and its 200-day simple moving average is $36.67. The firm has a market capitalization of $5.90 billion, a price-to-earnings ratio of 15.04, a price-to-earnings-growth ratio of 1.84 and a beta of 1.25. Vontier Co. has a 1-year low of $31.22 and a 1-year high of $45.62. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.64 and a quick ratio of 1.23.

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

Vontier Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.10 dividend on an annualized basis and a yield of 0.25%. Vontier's payout ratio is 3.83%.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on VNT shares. Barclays raised their target price on shares of Vontier from $44.00 to $46.00 and gave the company an "overweight" rating in a research note on Tuesday, November 5th. Evercore ISI reduced their price objective on shares of Vontier from $45.00 to $40.00 and set an "outperform" rating on the stock in a research note on Monday, August 19th. Finally, Argus cut shares of Vontier from a "buy" rating to a "hold" rating in a research report on Tuesday, August 20th. Three equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and an average price target of $44.50.

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.