Creative Planning raised its position in Vontier Corporation (NYSE:VNT – Free Report) by 54.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 53,952 shares of the company’s stock after purchasing an additional 19,028 shares during the quarter. Creative Planning’s holdings in Vontier were worth $1,991,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also modified their holdings of VNT. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its position in shares of Vontier by 6.9% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 38,000 shares of the company’s stock worth $1,402,000 after buying an additional 2,455 shares in the last quarter. Police & Firemen s Retirement System of New Jersey grew its position in Vontier by 4.3% in the second quarter. Police & Firemen s Retirement System of New Jersey now owns 56,674 shares of the company’s stock worth $2,091,000 after buying an additional 2,348 shares during the last quarter. PNC Financial Services Group Inc. increased its holdings in shares of Vontier by 6.9% in the second quarter. PNC Financial Services Group Inc. now owns 26,933 shares of the company’s stock valued at $994,000 after buying an additional 1,746 shares in the last quarter. Americana Partners LLC acquired a new stake in shares of Vontier during the 2nd quarter valued at $217,000. Finally, King Luther Capital Management Corp boosted its stake in shares of Vontier by 2.4% during the 2nd quarter. King Luther Capital Management Corp now owns 155,777 shares of the company’s stock worth $5,748,000 after acquiring an additional 3,597 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors.
Vontier Stock Up 1.3%
Vontier stock opened at $35.70 on Wednesday. Vontier Corporation has a twelve month low of $27.22 and a twelve month high of $43.88. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.90 and a current ratio of 1.18. The firm has a market cap of $5.18 billion, a PE ratio of 13.08, a P/E/G ratio of 1.54 and a beta of 1.29. The firm’s 50 day moving average price is $39.76 and its two-hundred day moving average price is $39.32.
Vontier Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Thursday, November 20th. Vontier’s payout ratio is presently 3.66%.
Analyst Ratings Changes
A number of brokerages have recently issued reports on VNT. Evercore ISI reaffirmed an “outperform” rating on shares of Vontier in a research report on Tuesday, August 19th. The Goldman Sachs Group reissued a “neutral” rating on shares of Vontier in a research note on Thursday, July 31st. Robert W. Baird reduced their price objective on shares of Vontier from $45.00 to $44.00 and set a “neutral” rating for the company in a research note on Monday, November 3rd. KeyCorp decreased their target price on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Finally, Argus raised shares of Vontier from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a research report on Tuesday, August 5th. Eight analysts have rated the stock with a Buy rating, two have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Vontier has an average rating of “Moderate Buy” and a consensus target price of $45.89.
Get Our Latest Analysis on Vontier
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.
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