Vontier Co. (NYSE:VNT) Shares Sold by Oregon Public Employees Retirement Fund

Oregon Public Employees Retirement Fund trimmed its holdings in Vontier Co. (NYSE:VNT) by 1.5% in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 30,612 shares of the company’s stock after selling 458 shares during the quarter. Oregon Public Employees Retirement Fund’s holdings in Vontier were worth $1,116,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Global X Japan Co. Ltd. boosted its holdings in Vontier by 137.7% in the fourth 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. International Assets Investment Management LLC boosted its holdings in Vontier by 2,976.5% in the third quarter. International Assets Investment Management LLC now owns 1,046 shares of the company’s stock valued at $35,000 after purchasing an additional 1,012 shares in the last quarter. Hazlett Burt & Watson Inc. acquired a new position in Vontier in the third quarter valued at approximately $37,000. Wilmington Savings Fund Society FSB acquired a new position in Vontier in the third quarter valued at approximately $40,000. Finally, Covestor Ltd boosted its holdings in Vontier by 37.1% in the third quarter. Covestor Ltd now owns 1,461 shares of the company’s stock valued at $49,000 after purchasing an additional 395 shares in the last quarter. 95.83% of the stock is owned by institutional investors and hedge funds.

Vontier Stock Performance

NYSE:VNT opened at $37.34 on Friday. The firm’s fifty day moving average price is $37.69 and its 200 day moving average price is $36.45. Vontier Co. has a 1-year low of $31.22 and a 1-year high of $45.62. 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 firm has a market cap of $5.55 billion, a price-to-earnings ratio of 13.58, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26.

Vontier (NYSE:VNT) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.80 earnings per share 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 firm had revenue of $776.80 million for the quarter. On average, sell-side analysts expect that Vontier Co. will post 3.13 EPS for the current year.

Vontier Dividend Announcement

The firm also recently announced 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 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date is Thursday, March 6th. Vontier’s dividend payout ratio (DPR) is currently 3.64%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on the company. UBS Group assumed coverage on Vontier in a report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price objective for the company. Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective for the company in a report on Thursday, December 12th. Citigroup decreased their price objective on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a report on Monday, January 13th. Robert W. Baird increased their price objective on Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a report on Tuesday, February 18th. Finally, Barclays increased their price objective on Vontier from $45.00 to $46.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat.com, Vontier presently has an average rating of “Moderate Buy” and an average price target of $45.43.

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.