Schubert & Co Takes Position in Vontier Co. (NYSE:VNT)

Schubert & Co bought a new position in shares of Vontier Co. (NYSE:VNT - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm bought 6,844 shares of the company's stock, valued at approximately $250,000.

A number of other institutional investors have also added to or reduced their stakes in VNT. River Road Asset Management LLC grew its position in Vontier by 21.4% during the third quarter. River Road Asset Management LLC now owns 2,356,558 shares of the company's stock worth $79,510,000 after buying an additional 415,750 shares in the last quarter. Allspring Global Investments Holdings LLC grew its position in Vontier by 2,814.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 281,836 shares of the company's stock worth $10,164,000 after buying an additional 272,166 shares in the last quarter. Retirement Systems of Alabama boosted its holdings in Vontier by 42.1% during the fourth quarter. Retirement Systems of Alabama now owns 705,740 shares of the company's stock valued at $25,738,000 after purchasing an additional 209,227 shares in the last quarter. Jane Street Group LLC boosted its holdings in Vontier by 398.4% during the third quarter. Jane Street Group LLC now owns 191,285 shares of the company's stock valued at $6,454,000 after purchasing an additional 152,904 shares in the last quarter. Finally, Verition Fund Management LLC boosted its holdings in shares of Vontier by 1,414.9% in the 3rd quarter. Verition Fund Management LLC now owns 159,865 shares of the company's stock worth $5,394,000 after acquiring an additional 149,312 shares in the last quarter. 95.83% of the stock is owned by institutional investors and hedge funds.

Vontier Trading Down 2.2 %

Shares of VNT traded down $0.87 during trading hours on Friday, reaching $37.76. The stock had a trading volume of 1,645,229 shares, compared to its average volume of 769,413. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97. Vontier Co. has a 52 week low of $31.22 and a 52 week high of $45.62. The firm has a 50-day moving average of $37.67 and a 200 day moving average of $36.27. The company has a market cap of $5.61 billion, a P/E ratio of 13.73, a P/E/G ratio of 1.28 and a beta of 1.26.

Vontier (NYSE:VNT - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.80 earnings per share 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%. On average, sell-side analysts expect that Vontier Co. will post 3.13 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, March 27th. Investors of record on Thursday, March 6th will be paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend is Thursday, March 6th. Vontier's payout ratio is presently 3.64%.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on VNT. Wolfe Research upgraded shares of Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 price objective for the company in a research report on Thursday, December 12th. UBS Group began coverage on shares of Vontier in a research report on Tuesday, December 10th. They set a "buy" rating and a $47.00 target price for the company. Citigroup dropped their target price on shares of Vontier from $46.00 to $44.00 and set a "buy" rating for the company in a research report on Monday, January 13th. Barclays upped their target price on shares of Vontier from $45.00 to $46.00 and gave the company an "overweight" rating in a research report on Friday, February 14th. Finally, Robert W. Baird upped their price objective on shares of Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a research report on Tuesday. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to MarketBeat, Vontier presently has a consensus rating of "Moderate Buy" and an average price target of $45.43.

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.