Sei Investments Co. increased its holdings in Vontier Co. (NYSE:VNT - Free Report) by 17.2% during the fourth quarter, according to its most recent disclosure with the SEC. The institutional investor owned 238,606 shares of the company's stock after buying an additional 34,996 shares during the period. Sei Investments Co. owned 0.16% of Vontier worth $8,702,000 as of its most recent SEC filing.
Other large investors also recently added to or reduced their stakes in the company. Geode Capital Management LLC grew its holdings in shares of Vontier by 0.7% during the third quarter. Geode Capital Management LLC now owns 2,571,207 shares of the company's stock worth $86,776,000 after purchasing an additional 18,091 shares in the last quarter. River Road Asset Management LLC boosted its holdings in Vontier by 6.2% during the 4th quarter. River Road Asset Management LLC now owns 2,502,132 shares of the company's stock valued at $91,253,000 after acquiring an additional 145,574 shares during the period. Bank of New York Mellon Corp grew its holdings in Vontier by 2.1% in the 4th quarter. Bank of New York Mellon Corp now owns 1,506,595 shares of the company's stock worth $54,946,000 after acquiring an additional 30,362 shares during the last quarter. Charles Schwab Investment Management Inc. grew its position in shares of Vontier by 0.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,480,343 shares of the company's stock worth $53,988,000 after buying an additional 5,355 shares during the last quarter. Finally, Truist Financial Corp lifted its position in shares of Vontier by 5.4% in the 4th quarter. Truist Financial Corp now owns 1,415,317 shares of the company's stock worth $51,617,000 after purchasing an additional 72,787 shares during the period. Institutional investors own 95.83% of the company's stock.
Vontier Price Performance
VNT traded down $3.24 during trading on Thursday, hitting $30.42. 1,202,851 shares of the company traded hands, compared to its average volume of 846,289. The company has a market cap of $4.52 billion, a PE ratio of 11.06, a P/E/G ratio of 1.23 and a beta of 1.28. Vontier Co. has a 1 year low of $30.17 and a 1 year high of $44.25. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97. The stock's 50-day simple moving average is $36.06 and its two-hundred day simple moving average is $36.37.
Vontier (NYSE:VNT - Get Free Report) last issued its earnings results on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.01. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The firm had revenue of $776.80 million for the quarter. As a group, sell-side analysts anticipate that Vontier Co. will post 3.13 earnings per share for the current fiscal year.
Vontier Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.33%. The ex-dividend date was Thursday, March 6th. Vontier's dividend payout ratio is presently 3.64%.
Wall Street Analysts Forecast Growth
A number of analysts have recently commented on VNT shares. Robert W. Baird boosted their target price on shares of Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a report on Tuesday, February 18th. UBS Group assumed coverage on shares of Vontier in a report on Tuesday, December 10th. They issued a "buy" rating and a $47.00 target price on the stock. Wolfe Research upgraded Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 price target for the company in a research note on Thursday, December 12th. Citigroup cut their price objective 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. Finally, Barclays reduced their target price on shares of Vontier from $46.00 to $45.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Vontier currently has a consensus rating of "Moderate Buy" and an average target price of $44.50.
Check Out Our Latest Stock Report 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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