Seizert Capital Partners LLC lessened its holdings in Vontier Co. (NYSE:VNT – Free Report) by 2.1% during the fourth quarter, HoldingsChannel reports. The fund owned 120,420 shares of the company’s stock after selling 2,574 shares during the quarter. Seizert Capital Partners LLC’s holdings in Vontier were worth $4,392,000 as of its most recent SEC filing.
Several other large investors have also added to or reduced their stakes in VNT. Global X Japan Co. Ltd. raised its stake in shares of 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 last quarter. International Assets Investment Management LLC raised its position in 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 buying an additional 1,012 shares during the last quarter. Hazlett Burt & Watson Inc. bought a new position in Vontier during the 3rd quarter valued at $37,000. Wilmington Savings Fund Society FSB purchased a new position in Vontier during the 3rd quarter worth $40,000. Finally, Covestor Ltd grew its stake in shares of Vontier by 37.1% in the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company’s stock worth $49,000 after acquiring an additional 395 shares in the last quarter. Institutional investors own 95.83% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of research analysts recently weighed in on VNT shares. Citigroup dropped their price target on shares of Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Barclays upped their target price on Vontier from $45.00 to $46.00 and gave the company an “overweight” rating in a report on Friday, February 14th. UBS Group assumed coverage on Vontier in a report on Tuesday, December 10th. They set a “buy” rating and a $47.00 price target on the stock. Robert W. Baird upped their price objective on Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research note on Tuesday, February 18th. Finally, Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price on the stock in a research note on Thursday, December 12th. Two 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 stock has an average rating of “Moderate Buy” and an average target price of $45.43.
Vontier Trading Down 4.1 %
Shares of VNT opened at $34.72 on Wednesday. Vontier Co. has a fifty-two week low of $31.22 and a fifty-two week high of $45.62. The business has a 50-day moving average of $37.62 and a 200 day moving average of $36.48. The firm has a market cap of $5.16 billion, a P/E ratio of 12.63, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51.
Vontier (NYSE:VNT – Get Free Report) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) for the quarter, beating 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, research analysts forecast that Vontier Co. will post 3.13 EPS for the current year.
Vontier Announces Dividend
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 given a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.29%. The ex-dividend date is Thursday, March 6th. Vontier’s dividend payout ratio (DPR) is presently 3.64%.
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.
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