F M Investments LLC Decreases Stake in Vontier Co. (NYSE:VNT)

F M Investments LLC decreased its holdings in Vontier Co. (NYSE:VNT) by 66.9% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 84,988 shares of the company’s stock after selling 171,689 shares during the quarter. F M Investments LLC owned about 0.06% of Vontier worth $3,100,000 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. Global X Japan Co. Ltd. increased 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 valued at $27,000 after purchasing an additional 431 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new position in Vontier in the third quarter valued at about $40,000. Farther Finance Advisors LLC lifted its position in shares of Vontier by 44.5% during the 4th quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company’s stock valued at $83,000 after acquiring an additional 700 shares during the period. Wealthfront Advisers LLC purchased a new stake in shares of Vontier during the 4th quarter worth approximately $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Vontier in the 4th quarter worth approximately $99,000. Institutional investors and hedge funds own 95.83% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on VNT. Barclays reduced their price objective on Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a report on Wednesday, March 26th. Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price target for the company in a research note on Thursday, December 12th. Robert W. Baird increased their price objective on shares of Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research note on Tuesday, February 18th. Finally, Citigroup cut their target price on shares of Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $44.50.

Vontier Trading Down 4.7 %

Vontier stock opened at $29.74 on Friday. The stock has a 50-day moving average price of $34.80 and a 200 day moving average price of $36.17. Vontier Co. has a 52 week low of $27.22 and a 52 week high of $42.28. The stock has a market cap of $4.42 billion, a PE ratio of 10.81, a P/E/G ratio of 1.23 and a beta of 1.28. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97.

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

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were paid a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.34%. The ex-dividend date of this dividend was Thursday, March 6th. Vontier’s dividend payout ratio 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.