EMC Capital Management Has $219,000 Position in Vontier Co. (NYSE:VNT)

EMC Capital Management raised its holdings in Vontier Co. (NYSE:VNT) by 281.0% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 6,009 shares of the company’s stock after acquiring an additional 4,432 shares during the quarter. EMC Capital Management’s holdings in Vontier were worth $219,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. International Assets Investment Management LLC lifted its stake in shares of Vontier by 2,976.5% in the 3rd quarter. International Assets Investment Management LLC now owns 1,046 shares of the company’s stock valued at $35,000 after purchasing an additional 1,012 shares during the last quarter. Hazlett Burt & Watson Inc. bought a new stake in shares of Vontier during the 3rd quarter worth about $37,000. Wilmington Savings Fund Society FSB acquired a new position in shares of Vontier during the 3rd quarter valued at about $40,000. Covestor Ltd lifted its holdings in Vontier by 37.1% in the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company’s stock worth $49,000 after purchasing an additional 395 shares during the last quarter. Finally, Blue Trust Inc. boosted its position in Vontier by 10.9% during the third quarter. Blue Trust Inc. now owns 4,171 shares of the company’s stock worth $141,000 after purchasing an additional 410 shares during the period. 95.83% of the stock is owned by institutional investors.

Vontier Stock Performance

VNT opened at $39.06 on Friday. The stock’s 50 day simple moving average is $37.80 and its 200-day simple moving average is $36.24. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 2.10. The stock has a market cap of $5.87 billion, a PE ratio of 14.97, a P/E/G ratio of 1.71 and a beta of 1.26. Vontier Co. has a 1 year low of $31.22 and a 1 year high of $45.62.

Vontier (NYSE:VNT) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.04. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The company had revenue of $750.00 million during the quarter, compared to analysts’ expectations of $729.23 million. During the same quarter in the prior year, the company posted $0.73 EPS. The business’s revenue was down 2.0% on a year-over-year basis. Sell-side analysts forecast that Vontier Co. will post 2.88 EPS for the current year.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st were paid a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date was Thursday, November 21st. Vontier’s dividend payout ratio is 3.83%.

Wall Street Analyst Weigh In

A number of analysts have recently weighed in on VNT shares. Wolfe Research upgraded shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective for the company in a research note on Thursday, December 12th. UBS Group started coverage on Vontier in a research report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price target on the stock. Barclays cut their price objective on Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Finally, Citigroup lowered their target price on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $44.63.

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.