Thompson Siegel & Walmsley LLC Cuts Stock Holdings in Vontier Co. (NYSE:VNT)

Thompson Siegel & Walmsley LLC lessened its stake in shares of Vontier Co. (NYSE:VNT - Free Report) by 4.8% during the third quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,851,031 shares of the company's stock after selling 92,747 shares during the quarter. Thompson Siegel & Walmsley LLC owned approximately 1.23% of Vontier worth $62,454,000 as of its most recent SEC filing.

Several other institutional investors also recently modified their holdings of VNT. Dimensional Fund Advisors LP lifted its stake in shares of Vontier by 12.1% in the second quarter. Dimensional Fund Advisors LP now owns 2,565,767 shares of the company's stock worth $98,011,000 after acquiring an additional 277,389 shares during the period. Mackenzie Financial Corp raised its position in shares of Vontier by 9.8% in the 2nd quarter. Mackenzie Financial Corp now owns 2,541,319 shares of the company's stock worth $97,078,000 after acquiring an additional 227,388 shares in the last quarter. River Road Asset Management LLC lifted its stake in shares of Vontier by 21.4% in the 3rd quarter. River Road Asset Management LLC now owns 2,356,558 shares of the company's stock valued at $79,510,000 after purchasing an additional 415,750 shares during the period. LSV Asset Management boosted its position in shares of Vontier by 3.7% during the 2nd quarter. LSV Asset Management now owns 1,716,847 shares of the company's stock valued at $65,584,000 after purchasing an additional 61,526 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD increased its holdings in Vontier by 24.1% in the first quarter. Price T Rowe Associates Inc. MD now owns 1,695,280 shares of the company's stock worth $76,898,000 after purchasing an additional 329,191 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms have issued reports on VNT. Robert W. Baird cut their price target on Vontier from $44.00 to $42.00 and set a "neutral" rating on the stock in a report on Friday, August 2nd. Argus cut shares of Vontier from a "buy" rating to a "hold" rating in a report on Tuesday, August 20th. Barclays increased their price objective on shares of Vontier from $44.00 to $46.00 and gave the stock an "overweight" rating in a research report on Tuesday, November 5th. Finally, Evercore ISI decreased their target price on Vontier from $45.00 to $40.00 and set an "outperform" rating for the company in a research report on Monday, August 19th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Vontier presently has a consensus rating of "Moderate Buy" and a consensus price target of $44.50.

Vontier Stock Up 2.8 %

NYSE VNT traded up $1.04 during trading hours on Thursday, hitting $38.41. The company's stock had a trading volume of 592,712 shares, compared to its average volume of 806,533. The company has a market capitalization of $5.77 billion, a PE ratio of 14.33, a price-to-earnings-growth ratio of 1.73 and a beta of 1.25. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 2.10. Vontier Co. has a 52 week low of $31.22 and a 52 week high of $45.62. The company's 50-day simple moving average is $35.25 and its two-hundred day simple moving average is $36.77.

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

Vontier Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st will be paid a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.26%. The ex-dividend date is Thursday, November 21st. Vontier's dividend payout ratio is presently 3.83%.

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.