SG Americas Securities LLC Has $1.57 Million Stock Holdings in Vontier Co. (NYSE:VNT)

SG Americas Securities LLC reduced its position in shares of Vontier Co. (NYSE:VNT) by 37.0% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 47,683 shares of the company’s stock after selling 27,981 shares during the period. SG Americas Securities LLC’s holdings in Vontier were worth $1,566,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Lazard Asset Management LLC bought a new stake in Vontier during the 4th quarter worth approximately $73,000. GAMMA Investing LLC lifted its holdings in Vontier by 60.1% during the 1st quarter. GAMMA Investing LLC now owns 2,209 shares of the company’s stock worth $73,000 after buying an additional 829 shares during the period. Farther Finance Advisors LLC grew its position in shares of Vontier by 44.5% in the 4th quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company’s stock valued at $83,000 after buying an additional 700 shares during the last quarter. Covestor Ltd grew its position in shares of Vontier by 66.8% in the 4th quarter. Covestor Ltd now owns 2,437 shares of the company’s stock valued at $89,000 after buying an additional 976 shares during the last quarter. Finally, Wealthfront Advisers LLC acquired a new stake in shares of Vontier in the fourth quarter valued at about $98,000. 95.83% of the stock is currently owned by institutional investors.

Vontier Price Performance

VNT stock opened at $35.46 on Monday. The company’s 50-day moving average is $33.79 and its 200-day moving average is $35.53. Vontier Co. has a 1 year low of $27.22 and a 1 year high of $41.61. 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 stock has a market capitalization of $5.24 billion, a PE ratio of 12.89, a price-to-earnings-growth ratio of 1.23 and a beta of 1.31.

Vontier (NYSE:VNT) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.77 earnings per share for the quarter, topping the consensus estimate of $0.71 by $0.06. The firm had revenue of $741.10 million for the quarter, compared to the consensus estimate of $723.06 million. Vontier had a net margin of 14.17% and a return on equity of 43.22%. The business’s revenue was down 1.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.74 earnings per share. Equities research analysts expect that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, June 5th will be paid a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 0.28%. The ex-dividend date of this dividend is Thursday, June 5th. Vontier’s dividend payout ratio (DPR) is presently 4.07%.

Wall Street Analyst Weigh In

A number of research firms recently commented on VNT. Evercore ISI lifted their price objective on Vontier from $45.00 to $47.00 and gave the stock an “outperform” rating in a research note on Monday, May 19th. Barclays upped their price objective on shares of Vontier from $45.00 to $48.00 and gave the company an “overweight” rating in a research note on Monday, May 5th. Citigroup lowered their target price on shares of Vontier from $45.00 to $36.00 and set a “buy” rating for the company in a research note on Monday, April 14th. Finally, Robert W. Baird raised their target price on Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $44.83.

Insiders Place Their Bets

In other Vontier news, SVP Kathryn K. Rowen sold 7,344 shares of Vontier stock in a transaction that occurred on Monday, May 12th. The shares were sold at an average price of $36.34, for a total transaction of $266,880.96. Following the transaction, the senior vice president now owns 88,248 shares of the company’s stock, valued at $3,206,932.32. This trade represents a 7.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders own 0.97% of the company’s stock.

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.