Sequoia Financial Advisors LLC Purchases 9,833 Shares of Vontier Co. (NYSE:VNT)

Sequoia Financial Advisors LLC lifted its holdings in shares of Vontier Co. (NYSE:VNT - Free Report) by 14.4% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 78,201 shares of the company's stock after purchasing an additional 9,833 shares during the period. Sequoia Financial Advisors LLC owned 0.05% of Vontier worth $2,852,000 at the end of the most recent reporting period.

Other large investors also recently made changes to their positions in the company. Geode Capital Management LLC grew its stake 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 valued at $86,776,000 after purchasing an additional 18,091 shares during the last quarter. River Road Asset Management LLC boosted its position in Vontier by 6.2% in 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 buying an additional 145,574 shares during the last quarter. Bank of New York Mellon Corp raised its position in shares of Vontier by 2.1% during the fourth 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. lifted its stake in shares of Vontier by 0.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,480,343 shares of the company's stock valued at $53,988,000 after acquiring an additional 5,355 shares during the period. Finally, Truist Financial Corp lifted its stake in shares of Vontier by 5.4% during the fourth quarter. Truist Financial Corp now owns 1,415,317 shares of the company's stock valued at $51,617,000 after acquiring an additional 72,787 shares during the period. Institutional investors own 95.83% of the company's stock.

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Vontier Trading Up 1.0 %

Shares of VNT traded up $0.32 during trading hours on Monday, reaching $33.47. The stock had a trading volume of 663,532 shares, compared to its average volume of 932,823. The company has a market cap of $4.98 billion, a P/E ratio of 12.17, a P/E/G ratio of 1.23 and a beta of 1.26. Vontier Co. has a 52 week low of $31.22 and a 52 week high of $45.62. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97. The firm has a 50-day moving average of $37.08 and a 200 day moving average of $36.40.

Vontier (NYSE:VNT - Get Free Report) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.80 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.01. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The company had revenue of $776.80 million for the quarter. 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 declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.30%. The ex-dividend date of this dividend is Thursday, March 6th. Vontier's dividend payout ratio (DPR) is presently 3.64%.

Wall Street Analyst Weigh In

A number of analysts recently commented on the company. UBS Group began coverage on Vontier in a research report on Tuesday, December 10th. They issued a "buy" rating and a $47.00 price objective for the company. Citigroup dropped their price target on shares of Vontier from $46.00 to $44.00 and set a "buy" rating for the company in a research note on Monday, January 13th. Barclays lifted their target price on shares of Vontier from $45.00 to $46.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. Wolfe Research raised Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 price target on the stock in a research note on Thursday, December 12th. Finally, Robert W. Baird lifted their price objective on Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a research note on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Vontier currently has an average rating of "Moderate Buy" and a consensus price target of $45.43.

Vontier 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.