Savant Capital LLC grew its holdings in shares of Vontier Corporation (NYSE:VNT – Free Report) by 70.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 12,548 shares of the company’s stock after buying an additional 5,183 shares during the quarter. Savant Capital LLC’s holdings in Vontier were worth $463,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Brooklyn Investment Group lifted its position in Vontier by 586.2% in the 1st quarter. Brooklyn Investment Group now owns 844 shares of the company’s stock valued at $28,000 after acquiring an additional 721 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in shares of Vontier by 75.7% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,228 shares of the company’s stock worth $45,000 after purchasing an additional 529 shares during the last quarter. Trust Co. of Toledo NA OH purchased a new stake in shares of Vontier in the second quarter worth approximately $53,000. Summit Securities Group LLC bought a new position in shares of Vontier in the first quarter valued at approximately $64,000. Finally, Wealthquest Corp purchased a new position in shares of Vontier during the first quarter valued at approximately $80,000. Institutional investors and hedge funds own 95.83% of the company’s stock.
Vontier Price Performance
Shares of NYSE:VNT opened at $35.84 on Monday. The company has a market capitalization of $5.20 billion, a P/E ratio of 13.13, a price-to-earnings-growth ratio of 1.36 and a beta of 1.29. The company’s 50-day moving average is $40.89 and its 200 day moving average is $39.27. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.90 and a current ratio of 1.18. Vontier Corporation has a fifty-two week low of $27.22 and a fifty-two week high of $43.88.
Vontier Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Investors of record on Thursday, November 20th will be paid a $0.025 dividend. The ex-dividend date is Thursday, November 20th. This represents a $0.10 annualized dividend and a yield of 0.3%. Vontier’s dividend payout ratio is presently 3.66%.
Analysts Set New Price Targets
A number of research firms recently commented on VNT. Robert W. Baird lowered their price target on Vontier from $45.00 to $44.00 and set a “neutral” rating for the company in a research report on Monday, November 3rd. KeyCorp lowered their target price on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, October 31st. UBS Group raised their price target on shares of Vontier from $47.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, August 5th. Evercore ISI reaffirmed an “outperform” rating on shares of Vontier in a research report on Tuesday, August 19th. Finally, Wall Street Zen lowered shares of Vontier from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Eight research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $45.89.
Check Out Our Latest Research Report on VNT
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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