Vontier Co. (NYSE:VNT) Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC lessened its stake in shares of Vontier Co. (NYSE:VNT) by 2.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 14,461 shares of the company’s stock after selling 389 shares during the quarter. Commonwealth Equity Services LLC’s holdings in Vontier were worth $527,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Global X Japan Co. Ltd. lifted its holdings in Vontier by 137.7% in the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock valued at $27,000 after acquiring an additional 431 shares during the last quarter. Wilmington Savings Fund Society FSB bought a new stake in shares of Vontier in the 3rd quarter worth approximately $40,000. Farther Finance Advisors LLC lifted its stake in Vontier by 44.5% during the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company’s stock valued at $83,000 after purchasing an additional 700 shares during the last quarter. Wealthfront Advisers LLC bought a new stake in Vontier during the fourth quarter worth approximately $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in Vontier in the fourth quarter worth approximately $99,000. Institutional investors own 95.83% of the company’s stock.

Vontier Stock Down 4.9 %

NYSE:VNT opened at $28.89 on Friday. The business’s fifty day moving average price is $35.86 and its 200 day moving average price is $36.34. The firm has a market capitalization of $4.30 billion, a price-to-earnings ratio of 10.51, a PEG ratio of 1.23 and a beta of 1.28. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97. Vontier Co. has a 1-year low of $27.78 and a 1-year high of $43.42.

Vontier (NYSE:VNT) last issued its earnings results 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. The company had revenue of $776.80 million for the quarter. Vontier had a return on equity of 43.22% and a net margin of 14.17%. On average, sell-side analysts forecast that Vontier Co. will post 3.13 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were paid a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.35%. The ex-dividend date was Thursday, March 6th. Vontier’s dividend payout ratio (DPR) is currently 3.64%.

Analyst Ratings Changes

A number of equities research analysts have recently commented on VNT shares. UBS Group began coverage on Vontier in a research report on Tuesday, December 10th. They set 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 target price on the stock in a research report on Thursday, December 12th. Barclays decreased their price target on Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a research report on Wednesday, March 26th. Citigroup cut their price objective on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Finally, Robert W. Baird raised their target price on shares of Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a report on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat.com, Vontier presently has an average rating of “Moderate Buy” and a consensus price target of $44.50.

About Vontier

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.