Robeco Institutional Asset Management B.V. Sells 20,319 Shares of Vontier Co. (NYSE:VNT)

Robeco Institutional Asset Management B.V. cut its holdings in shares of Vontier Co. (NYSE:VNT - Free Report) by 20.7% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 77,943 shares of the company's stock after selling 20,319 shares during the period. Robeco Institutional Asset Management B.V. owned approximately 0.05% of Vontier worth $2,630,000 at the end of the most recent quarter.

Other large investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC lifted its stake in Vontier by 2,976.5% during the third quarter. International Assets Investment Management LLC now owns 1,046 shares of the company's stock valued at $35,000 after buying an additional 1,012 shares in the last quarter. Ashton Thomas Private Wealth LLC purchased a new stake in shares of Vontier in the 2nd quarter valued at approximately $44,000. Headlands Technologies LLC acquired a new position in Vontier in the 1st quarter worth approximately $46,000. Fifth Third Bancorp grew its position in Vontier by 32.0% during the 2nd quarter. Fifth Third Bancorp now owns 3,245 shares of the company's stock worth $124,000 after purchasing an additional 786 shares in the last quarter. Finally, Blue Trust Inc. lifted its holdings in shares of Vontier by 10.9% in the third quarter. Blue Trust Inc. now owns 4,171 shares of the company's stock valued at $141,000 after purchasing an additional 410 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

VNT has been the topic of several recent analyst reports. Evercore ISI dropped their price target on Vontier from $45.00 to $40.00 and set an "outperform" rating on the stock in a research report on Monday, August 19th. Robert W. Baird dropped their target price on Vontier from $44.00 to $42.00 and set a "neutral" rating on the stock in a report on Friday, August 2nd. Barclays boosted their price objective on shares of Vontier from $44.00 to $46.00 and gave the company an "overweight" rating in a research report on Tuesday, November 5th. Finally, Argus lowered shares of Vontier from a "buy" rating to a "hold" rating in a research note on Tuesday, August 20th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. According to MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus price target of $44.50.

Vontier Stock Down 1.0 %

VNT traded down $0.40 during midday trading on Friday, hitting $40.05. 1,163,340 shares of the company's stock traded hands, compared to its average volume of 845,253. 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 $6.02 billion, a PE ratio of 15.34, a price-to-earnings-growth ratio of 1.87 and a beta of 1.25. Vontier Co. has a one year low of $31.22 and a one year high of $45.62. The stock's fifty day simple moving average is $34.37 and its 200-day simple moving average is $36.88.

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

Vontier Dividend Announcement

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

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.