Bessemer Group Inc. Purchases 20,604 Shares of Vontier Co. (NYSE:VNT)

Bessemer Group Inc. increased its holdings in shares of Vontier Co. (NYSE:VNT - Free Report) by 3.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 630,568 shares of the company's stock after buying an additional 20,604 shares during the period. Bessemer Group Inc. owned 0.42% of Vontier worth $22,996,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the business. Global X Japan Co. Ltd. raised its holdings in Vontier by 137.7% in the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock worth $27,000 after purchasing an additional 431 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in Vontier during the 3rd quarter worth $40,000. Farther Finance Advisors LLC lifted its holdings in Vontier by 44.5% during the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company's stock worth $83,000 after acquiring an additional 700 shares in the last quarter. Wealthfront Advisers LLC acquired a new position in Vontier in the fourth quarter valued at about $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Vontier in the fourth quarter worth about $99,000. Institutional investors and hedge funds own 95.83% of the company's stock.

Vontier Stock Down 0.1 %

Shares of Vontier stock traded down $0.03 during trading hours on Tuesday, reaching $30.23. 880,457 shares of the company's stock were exchanged, compared to its average volume of 977,831. 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 company has a 50 day moving average of $34.47 and a two-hundred day moving average of $36.14. The stock has a market cap of $4.50 billion, a P/E ratio of 10.99, a P/E/G ratio of 1.23 and a beta of 1.28. Vontier Co. has a fifty-two week low of $27.22 and a fifty-two week high of $41.73.

Remove Ads

Vontier (NYSE:VNT - Get Free Report) last posted its quarterly earnings results 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 firm had revenue of $776.80 million for the quarter. Vontier had a return on equity of 43.22% and a net margin of 14.17%. On average, sell-side analysts forecast that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were paid a $0.025 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.10 annualized dividend and a yield of 0.33%. Vontier's dividend payout ratio is 3.64%.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Barclays cut their price objective on shares of Vontier from $46.00 to $45.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 26th. Robert W. Baird boosted their price target on Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a report on Tuesday, February 18th. Finally, Citigroup decreased their price objective on Vontier from $45.00 to $36.00 and set a "buy" rating for the company in a report on Monday. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $43.17.

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.