Rathbones Group PLC Buys 32,261 Shares of Vontier Co. (NYSE:VNT)

Rathbones Group PLC lifted its stake in shares of Vontier Co. (NYSE:VNT) by 11.8% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 304,766 shares of the company’s stock after acquiring an additional 32,261 shares during the period. Rathbones Group PLC owned approximately 0.20% of Vontier worth $11,115,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the stock. Global X Japan Co. Ltd. lifted its holdings in shares of Vontier by 137.7% in the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock worth $27,000 after acquiring an additional 431 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in Vontier in the third quarter worth $40,000. Farther Finance Advisors LLC lifted its stake in Vontier by 44.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company’s stock worth $83,000 after purchasing an additional 700 shares during the last quarter. Wealthfront Advisers LLC purchased a new stake in Vontier during the fourth quarter valued at about $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in shares of Vontier during the fourth quarter valued at about $99,000. 95.83% of the stock is owned by institutional investors.

Vontier Trading Down 1.8 %

Shares of NYSE:VNT opened at $28.38 on Tuesday. The stock has a 50 day moving average of $35.67 and a 200 day moving average of $36.34. 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 market cap of $4.22 billion, a PE ratio of 10.32, a price-to-earnings-growth ratio of 1.23 and a beta of 1.28. Vontier Co. has a 12-month low of $27.22 and a 12-month high of $43.41.

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

Vontier Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a $0.025 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a yield of 0.35%. Vontier’s dividend payout ratio is presently 3.64%.

Analyst Ratings Changes

Several brokerages have weighed in on VNT. Robert W. Baird increased their price target on shares of Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research report on Tuesday, February 18th. UBS Group started coverage on shares of Vontier in a report on Tuesday, December 10th. They set a “buy” rating and a $47.00 target price for the company. Wolfe Research raised 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. Citigroup lowered their price target on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Finally, Barclays dropped their price target on Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a research note on Wednesday, March 26th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $44.50.

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.