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

Thompson Siegel & Walmsley LLC lessened its holdings in shares of Vontier Co. (NYSE:VNT - Free Report) by 0.6% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,839,036 shares of the company's stock after selling 11,995 shares during the quarter. Thompson Siegel & Walmsley LLC owned 1.22% of Vontier worth $67,070,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the business. Allspring Global Investments Holdings LLC boosted its holdings in Vontier by 2,814.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 281,836 shares of the company's stock worth $10,164,000 after acquiring an additional 272,166 shares during the last quarter. Integrated Investment Consultants LLC boosted its holdings in Vontier by 14.7% during the 4th quarter. Integrated Investment Consultants LLC now owns 67,480 shares of the company's stock worth $2,461,000 after acquiring an additional 8,657 shares during the last quarter. Wolverine Asset Management LLC purchased a new position in Vontier during the 4th quarter worth $2,918,000. Proficio Capital Partners LLC purchased a new position in Vontier during the 4th quarter worth $508,000. Finally, Oppenheimer Asset Management Inc. boosted its holdings in Vontier by 48.1% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 24,342 shares of the company's stock worth $888,000 after acquiring an additional 7,909 shares during the last quarter. Institutional investors own 95.83% of the company's stock.

Analyst Ratings Changes

A number of equities analysts have issued reports on VNT shares. Citigroup cut their price objective on shares of Vontier from $46.00 to $44.00 and set a "buy" rating on the stock in a report on Monday, January 13th. Robert W. Baird lifted their price objective on shares of Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a report on Tuesday, February 18th. Barclays boosted their price target on shares of Vontier from $45.00 to $46.00 and gave the stock an "overweight" rating in a report on Friday, February 14th. UBS Group initiated coverage on shares of Vontier in a report on Tuesday, December 10th. They issued a "buy" rating and a $47.00 price target on the stock. Finally, Wolfe Research raised shares of Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 price target on the stock in a report on Thursday, December 12th. 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, the company has an average rating of "Moderate Buy" and an average price target of $45.43.

Remove Ads

Vontier Price Performance

Shares of VNT traded up $0.32 during midday trading on Monday, hitting $33.47. 663,532 shares of the company traded hands, compared to its average volume of 810,419. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. The stock has a 50-day moving average of $37.08 and a 200-day moving average of $36.40. The firm has a market cap of $4.98 billion, a P/E ratio of 12.17, a PEG ratio of 1.23 and a beta of 1.26. Vontier Co. has a one year low of $31.22 and a one year high of $45.62.

Vontier (NYSE:VNT - Get Free Report) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.79 by $0.01. The company had revenue of $776.80 million for the quarter. Vontier had a net margin of 14.17% and a return on equity of 43.22%. As a group, sell-side analysts predict that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be paid a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.30%. The ex-dividend date is Thursday, March 6th. Vontier's dividend payout ratio is currently 3.64%.

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.