Vontier Co. (NYSE:VNT) Shares Sold by Choate Investment Advisors

Choate Investment Advisors lowered its holdings in Vontier Co. (NYSE:VNT) by 1.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 93,658 shares of the company’s stock after selling 1,790 shares during the quarter. Choate Investment Advisors owned 0.06% of Vontier worth $3,416,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VNT. Atria Investments Inc lifted its holdings in Vontier by 5.4% in the third quarter. Atria Investments Inc now owns 14,083 shares of the company’s stock valued at $475,000 after acquiring an additional 718 shares during the period. Oppenheimer Asset Management Inc. lifted its holdings in Vontier by 22.9% in the third quarter. Oppenheimer Asset Management Inc. now owns 16,433 shares of the company’s stock valued at $554,000 after acquiring an additional 3,060 shares during the period. KBC Group NV lifted its holdings in Vontier by 4.8% in the third quarter. KBC Group NV now owns 12,978 shares of the company’s stock valued at $438,000 after acquiring an additional 592 shares during the period. Natixis Advisors LLC raised its stake in shares of Vontier by 3.6% during the 3rd quarter. Natixis Advisors LLC now owns 117,064 shares of the company’s stock worth $3,950,000 after buying an additional 4,116 shares during the last quarter. Finally, KPP Advisory Services LLC raised its stake in shares of Vontier by 6.4% during the 3rd quarter. KPP Advisory Services LLC now owns 16,328 shares of the company’s stock worth $551,000 after buying an additional 983 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Stock Up 3.4 %

VNT opened at $33.19 on Friday. 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 market capitalization of $4.93 billion, a price-to-earnings ratio of 12.07, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. The business has a 50-day moving average of $37.08 and a two-hundred day moving average of $36.39. Vontier Co. has a 12 month low of $31.22 and a 12 month high of $45.62.

Vontier (NYSE:VNT) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.79 by $0.01. The company had revenue of $776.80 million during the quarter. Vontier had a return on equity of 43.22% and a net margin of 14.17%. On average, research analysts expect that Vontier Co. will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.30%. The ex-dividend date of this dividend is Thursday, March 6th. Vontier’s dividend payout ratio (DPR) is 3.64%.

Analysts Set New Price Targets

Several research firms have recently issued reports on VNT. Robert W. Baird lifted their price target on Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 18th. UBS Group began coverage on Vontier in a research note on Tuesday, December 10th. They set a “buy” rating and a $47.00 price target for the company. Barclays lifted their price target on Vontier from $45.00 to $46.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Citigroup cut their price target on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Finally, Wolfe Research raised shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price for the company 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. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $45.43.

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.