Cwm LLC Buys 843 Shares of Vontier Co. (NYSE:VNT)

Cwm LLC lifted its stake in shares of Vontier Co. (NYSE:VNT) by 78.9% during the 4th quarter, HoldingsChannel reports. The firm owned 1,911 shares of the company’s stock after acquiring an additional 843 shares during the period. Cwm LLC’s holdings in Vontier were worth $66,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently made changes to their positions in VNT. Treasurer of the State of North Carolina boosted its position in Vontier by 0.5% during the 3rd quarter. Treasurer of the State of North Carolina now owns 68,343 shares of the company’s stock worth $2,113,000 after buying an additional 340 shares during the period. Citigroup Inc. boosted its position in Vontier by 1.8% during the 3rd quarter. Citigroup Inc. now owns 27,747 shares of the company’s stock worth $858,000 after buying an additional 494 shares during the period. Arizona State Retirement System boosted its position in Vontier by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 44,309 shares of the company’s stock worth $1,370,000 after buying an additional 603 shares during the period. DekaBank Deutsche Girozentrale boosted its position in Vontier by 7.7% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 10,577 shares of the company’s stock worth $360,000 after buying an additional 760 shares during the period. Finally, Commonwealth Equity Services LLC boosted its position in Vontier by 7.2% during the 3rd quarter. Commonwealth Equity Services LLC now owns 12,930 shares of the company’s stock worth $400,000 after buying an additional 864 shares during the period. 95.83% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of research analysts have recently issued reports on the stock. Bank of America upgraded shares of Vontier from a “neutral” rating to a “buy” rating and boosted their price target for the stock from $37.00 to $40.00 in a research report on Thursday, January 11th. Citigroup boosted their price target on shares of Vontier from $45.00 to $51.00 and gave the stock a “buy” rating in a research report on Monday, April 8th. UBS Group boosted their price target on shares of Vontier from $42.00 to $46.00 and gave the stock a “buy” rating in a research report on Friday, February 16th. The Goldman Sachs Group boosted their price target on shares of Vontier from $37.00 to $41.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 20th. Finally, Argus boosted their target price on shares of Vontier from $39.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, March 18th. One research analyst has rated the stock with a hold rating and six have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $45.00.

Vontier Stock Performance

Shares of VNT stock opened at $40.56 on Thursday. The firm has a market capitalization of $6.26 billion, a PE ratio of 14.70, a price-to-earnings-growth ratio of 1.15 and a beta of 1.33. The firm has a fifty day simple moving average of $42.54 and a two-hundred day simple moving average of $37.39. The company has a current ratio of 1.57, a quick ratio of 1.23 and a debt-to-equity ratio of 2.21. Vontier Co. has a 12 month low of $27.21 and a 12 month high of $45.62.

Vontier (NYSE:VNT) last announced its quarterly earnings results on Thursday, May 2nd. The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.05. The business had revenue of $755.80 million during the quarter, compared to analyst estimates of $754.50 million. Vontier had a net margin of 14.02% and a return on equity of 54.84%. Vontier’s quarterly revenue was down 2.7% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.68 EPS. Analysts forecast that Vontier Co. will post 3.15 EPS for the current fiscal year.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 7th were paid a dividend of $0.025 per share. The ex-dividend date of this dividend was Wednesday, March 6th. This represents a $0.10 dividend on an annualized basis and a yield of 0.25%. Vontier’s dividend payout ratio (DPR) is presently 3.62%.

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.