Vontier Corporation (NYSE:VNT) Holdings Trimmed by Cetera Investment Advisers

Cetera Investment Advisers lowered its position in shares of Vontier Corporation (NYSE:VNT) by 1.4% in the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,609 shares of the company’s stock after selling 552 shares during the quarter. Cetera Investment Advisers’ holdings in Vontier were worth $1,268,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of the company. Fuller & Thaler Asset Management Inc. boosted its stake in Vontier by 5.5% during the fourth quarter. Fuller & Thaler Asset Management Inc. now owns 3,323,491 shares of the company’s stock valued at $121,208,000 after buying an additional 173,542 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in shares of Vontier by 2.9% in the 4th quarter. Dimensional Fund Advisors LP now owns 2,666,927 shares of the company’s stock valued at $97,260,000 after purchasing an additional 75,775 shares during the period. Mackenzie Financial Corp boosted its position in shares of Vontier by 0.8% in the 4th quarter. Mackenzie Financial Corp now owns 2,540,329 shares of the company’s stock valued at $92,646,000 after purchasing an additional 20,649 shares during the period. Ameriprise Financial Inc. boosted its position in shares of Vontier by 4.0% in the 4th quarter. Ameriprise Financial Inc. now owns 2,515,579 shares of the company’s stock valued at $91,740,000 after purchasing an additional 96,554 shares during the period. Finally, Royce & Associates LP boosted its position in shares of Vontier by 5.2% in the 1st quarter. Royce & Associates LP now owns 1,417,787 shares of the company’s stock valued at $46,574,000 after purchasing an additional 70,528 shares during the period. Institutional investors own 95.83% of the company’s stock.

Vontier Trading Up 0.4%

Shares of NYSE VNT opened at $40.54 on Monday. Vontier Corporation has a one year low of $27.22 and a one year high of $42.00. The firm has a market capitalization of $5.95 billion, a PE ratio of 15.41, a PEG ratio of 1.35 and a beta of 1.31. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 1.32. The business has a 50-day moving average price of $37.93 and a two-hundred day moving average price of $35.75.

Vontier (NYSE:VNT) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.79 earnings per share for the quarter, topping analysts’ consensus estimates of $0.72 by $0.07. Vontier had a return on equity of 41.96% and a net margin of 12.99%. The company had revenue of $773.50 million during the quarter, compared to the consensus estimate of $734.23 million. During the same period last year, the business earned $0.63 EPS. The business’s quarterly revenue was up 11.1% on a year-over-year basis. As a group, analysts predict that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Thursday, June 5th were paid a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, June 5th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.2%. Vontier’s dividend payout ratio (DPR) is 3.80%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on the company. The Goldman Sachs Group reiterated a “neutral” rating on shares of Vontier in a research report on Thursday, July 31st. Citigroup reiterated a “buy” rating and issued a $45.00 price target (up previously from $37.00) on shares of Vontier in a research report on Monday, July 14th. UBS Group increased their price target on Vontier from $47.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, August 5th. Barclays restated an “overweight” rating on shares of Vontier in a research report on Monday, August 4th. Finally, Robert W. Baird raised their price objective on Vontier from $40.00 to $45.00 and gave the stock a “neutral” rating in a research report on Monday, August 4th. Two equities research analysts have rated the stock with a hold rating, six have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $47.14.

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.