Venturi Wealth Management LLC Purchases 4,036 Shares of Vontier Co. (NYSE:VNT)

Venturi Wealth Management LLC lifted its position in Vontier Co. (NYSE:VNT) by 1,762.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 4,265 shares of the company’s stock after buying an additional 4,036 shares during the quarter. Venturi Wealth Management LLC’s holdings in Vontier were worth $156,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in VNT. River Road Asset Management LLC grew its stake in shares of Vontier by 21.4% in the 3rd quarter. River Road Asset Management LLC now owns 2,356,558 shares of the company’s stock valued at $79,510,000 after buying an additional 415,750 shares in the last quarter. Allspring Global Investments Holdings LLC grew its stake in shares of Vontier by 2,814.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 281,836 shares of the company’s stock valued at $10,164,000 after buying an additional 272,166 shares in the last quarter. Retirement Systems of Alabama grew its stake in shares of Vontier by 42.1% in the 4th quarter. Retirement Systems of Alabama now owns 705,740 shares of the company’s stock valued at $25,738,000 after buying an additional 209,227 shares in the last quarter. Jane Street Group LLC grew its stake in shares of Vontier by 398.4% in the 3rd quarter. Jane Street Group LLC now owns 191,285 shares of the company’s stock valued at $6,454,000 after buying an additional 152,904 shares in the last quarter. Finally, Verition Fund Management LLC grew its stake in shares of Vontier by 1,414.9% in the 3rd quarter. Verition Fund Management LLC now owns 159,865 shares of the company’s stock valued at $5,394,000 after buying an additional 149,312 shares in the last quarter. Institutional investors own 95.83% of the company’s stock.

Vontier Stock Down 2.2 %

Shares of VNT stock opened at $37.76 on Friday. Vontier Co. has a 12 month low of $31.22 and a 12 month high of $45.62. The firm has a market cap of $5.61 billion, a PE ratio of 13.73, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. The stock has a 50 day moving average of $37.67 and a 200-day moving average of $36.30. The company has a quick ratio of 1.14, a current ratio of 1.51 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. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The company had revenue of $776.80 million during the quarter. On average, equities analysts predict that Vontier Co. will post 3.13 EPS for the current year.

Vontier Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be paid a $0.025 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.26%. Vontier’s payout ratio is 3.64%.

Analysts Set New Price Targets

VNT has been the subject of a number of recent analyst reports. UBS Group initiated coverage on Vontier in a research report on Tuesday, December 10th. They set a “buy” rating and a $47.00 target price for the company. Robert W. Baird upped their target price on Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 18th. Citigroup decreased their target price on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price for the company in a research report on Thursday, December 12th. Finally, Barclays upped their target price on Vontier from $45.00 to $46.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price 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.