Vontier Co. (NYSE:VNT) Shares Acquired by Treasurer of the State of North Carolina

Treasurer of the State of North Carolina increased its holdings in shares of Vontier Co. (NYSE:VNTFree Report) by 7.9% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 73,739 shares of the company’s stock after acquiring an additional 5,396 shares during the period. Treasurer of the State of North Carolina’s holdings in Vontier were worth $2,548,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of VNT. Benjamin F. Edwards & Company Inc. acquired a new stake in shares of Vontier during the 4th quarter valued at approximately $35,000. International Assets Investment Management LLC boosted its position in Vontier by 3,355.3% during the fourth quarter. International Assets Investment Management LLC now owns 1,313 shares of the company’s stock worth $45,000 after purchasing an additional 1,275 shares in the last quarter. Principal Securities Inc. acquired a new stake in Vontier in the fourth quarter valued at $50,000. CWM LLC increased its position in shares of Vontier by 78.9% in the fourth quarter. CWM LLC now owns 1,911 shares of the company’s stock valued at $66,000 after buying an additional 843 shares in the last quarter. Finally, Quantbot Technologies LP acquired a new position in shares of Vontier during the 3rd quarter worth $108,000. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Analysts Set New Price Targets

Several research firms have weighed in on VNT. The Goldman Sachs Group raised their target price on shares of Vontier from $37.00 to $41.00 and gave the company a “neutral” rating in a report on Tuesday, February 20th. Argus increased their target price on Vontier from $39.00 to $50.00 and gave the company a “buy” rating in a report on Monday, March 18th. UBS Group increased their price objective on Vontier from $42.00 to $46.00 and gave the company a “buy” rating in a research note on Friday, February 16th. Evercore ISI lifted their price objective on Vontier from $40.00 to $47.00 and gave the stock an “outperform” rating in a research report on Tuesday, February 20th. Finally, Citigroup upped their target price on shares of Vontier from $45.00 to $51.00 and gave the company a “buy” rating in a report on Monday, April 8th. One analyst has rated the stock with a hold rating and six have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Vontier has a consensus rating of “Moderate Buy” and a consensus target price of $45.00.

Get Our Latest Report on VNT

Vontier Trading Down 0.8 %

NYSE VNT opened at $39.15 on Friday. The company has a market cap of $6.04 billion, a P/E ratio of 14.18, a P/E/G ratio of 1.15 and a beta of 1.31. Vontier Co. has a 12 month low of $28.84 and a 12 month high of $45.62. The company has a debt-to-equity ratio of 2.21, a current ratio of 1.57 and a quick ratio of 1.23. The company has a 50-day moving average of $40.91 and a 200-day moving average of $38.62.

Vontier (NYSE:VNTGet Free Report) last posted its quarterly earnings results on Thursday, May 2nd. The company reported $0.74 earnings per share for the quarter, topping analysts’ consensus estimates of $0.69 by $0.05. Vontier had a net margin of 14.02% and a return on equity of 54.84%. The company had revenue of $755.80 million for the quarter, compared to the consensus estimate of $754.50 million. During the same quarter last year, the firm posted $0.68 earnings per share. Vontier’s revenue was down 2.7% on a year-over-year basis. As a group, equities analysts predict that Vontier Co. will post 3.15 earnings per share for the current year.

Vontier Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 27th. Shareholders of record on Thursday, June 6th will be paid a dividend of $0.025 per share. The ex-dividend date is Thursday, June 6th. This represents a $0.10 annualized dividend and a yield of 0.26%. Vontier’s dividend payout ratio is presently 3.62%.

About Vontier

(Free Report)

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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Institutional Ownership by Quarter for Vontier (NYSE:VNT)

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