14,963 Shares in Vontier Co. (NYSE:VNT) Acquired by Sanctuary Advisors LLC

Sanctuary Advisors LLC acquired a new position in Vontier Co. (NYSE:VNT - Free Report) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 14,963 shares of the company's stock, valued at approximately $505,000.

Other large investors have also recently made changes to their positions in the company. TD Private Client Wealth LLC boosted its holdings in shares of Vontier by 9.7% in the 3rd quarter. TD Private Client Wealth LLC now owns 4,557 shares of the company's stock worth $154,000 after purchasing an additional 404 shares during the period. Geode Capital Management LLC lifted its position in Vontier by 0.7% in the third quarter. Geode Capital Management LLC now owns 2,571,207 shares of the company's stock worth $86,776,000 after buying an additional 18,091 shares during the last quarter. Barclays PLC boosted its stake in Vontier by 133.9% during the third quarter. Barclays PLC now owns 100,836 shares of the company's stock worth $3,402,000 after buying an additional 57,728 shares during the period. Y Intercept Hong Kong Ltd increased its position in Vontier by 172.9% during the third quarter. Y Intercept Hong Kong Ltd now owns 46,058 shares of the company's stock valued at $1,554,000 after acquiring an additional 29,178 shares during the last quarter. Finally, MML Investors Services LLC raised its stake in shares of Vontier by 12.5% in the third quarter. MML Investors Services LLC now owns 41,282 shares of the company's stock valued at $1,393,000 after acquiring an additional 4,595 shares during the period. 95.83% of the stock is currently owned by institutional investors.

Vontier Stock Up 0.6 %

Shares of VNT stock traded up $0.24 during mid-day trading on Thursday, hitting $37.35. The stock had a trading volume of 395,081 shares, compared to its average volume of 817,479. Vontier Co. has a 12-month low of $31.22 and a 12-month 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. The firm's 50-day moving average is $37.76 and its two-hundred day moving average is $36.51. The firm has a market capitalization of $5.61 billion, a P/E ratio of 14.31, a price-to-earnings-growth ratio of 1.85 and a beta of 1.24.

Vontier (NYSE:VNT - Get Free Report) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.73 earnings per share 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 company had revenue of $750.00 million during the quarter, compared to analyst estimates of $729.23 million. During the same period in the prior year, the firm earned $0.73 earnings per share. The firm's revenue for the quarter was down 2.0% compared to the same quarter last year. On average, analysts predict 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 was paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st were issued a dividend of $0.025 per share. The ex-dividend date was Thursday, November 21st. This represents a $0.10 dividend on an annualized basis and a yield of 0.27%. Vontier's dividend payout ratio is currently 3.83%.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on the stock. Citigroup lifted their price target on shares of Vontier from $44.00 to $46.00 and gave the stock a "buy" rating in a research note on Monday, December 9th. Wolfe Research upgraded Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 target price for the company in a research report on Thursday, December 12th. UBS Group started coverage on Vontier in a report on Tuesday, December 10th. They issued a "buy" rating and a $47.00 price target on the stock. Finally, Barclays boosted their price objective on Vontier from $44.00 to $46.00 and gave the company an "overweight" rating in a report on Tuesday, November 5th. Three investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat, Vontier has a consensus rating of "Moderate Buy" and an average price target of $44.44.

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.