Vontier Co. (NYSE:VNT) Shares Purchased by D. E. Shaw & Co. Inc.

D. E. Shaw & Co. Inc. lifted its holdings in Vontier Co. (NYSE:VNT - Free Report) by 121.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 280,443 shares of the company's stock after acquiring an additional 153,766 shares during the period. D. E. Shaw & Co. Inc. owned 0.19% of Vontier worth $10,228,000 at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in the business. Allspring Global Investments Holdings LLC boosted its stake in shares of Vontier by 2,814.5% during the 4th quarter. Allspring Global Investments Holdings LLC now owns 281,836 shares of the company's stock worth $10,164,000 after purchasing an additional 272,166 shares during the period. Proficio Capital Partners LLC purchased a new position in shares of Vontier in the 4th quarter valued at approximately $508,000. Integrated Investment Consultants LLC lifted its position in Vontier by 14.7% during the 4th quarter. Integrated Investment Consultants LLC now owns 67,480 shares of the company's stock worth $2,461,000 after acquiring an additional 8,657 shares during the period. Wolverine Asset Management LLC purchased a new stake in shares of Vontier in the 4th quarter valued at $2,918,000. Finally, Oppenheimer Asset Management Inc. grew its position in Vontier by 48.1% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 24,342 shares of the company's stock worth $888,000 after purchasing an additional 7,909 shares during the period. Hedge funds and other institutional investors own 95.83% of the company's stock.

Insider Activity at Vontier

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 stock was 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. The trade was a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. 0.97% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

VNT has been the topic of a number of recent analyst reports. Barclays increased their price target on Vontier from $45.00 to $48.00 and gave the stock an "overweight" rating in a research report on Monday, May 5th. Robert W. Baird boosted their price target on Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 18th. Evercore ISI raised their price objective on Vontier from $45.00 to $47.00 and gave the company an "outperform" rating in a report on Monday. Finally, Citigroup dropped their target price on shares of Vontier from $45.00 to $36.00 and set a "buy" rating for the company in a report on Monday, April 14th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, Vontier has a consensus rating of "Moderate Buy" and an average target price of $44.83.

Vontier Stock Down 0.3%

NYSE:VNT traded down $0.11 during midday trading on Tuesday, reaching $36.85. The company had a trading volume of 36,326 shares, compared to its average volume of 899,748. The stock's fifty day simple moving average is $32.47 and its 200-day simple moving average is $35.90. 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 12-month low of $27.22 and a 12-month high of $41.61. The firm has a market capitalization of $5.45 billion, a price-to-earnings ratio of 13.39, a PEG ratio of 1.23 and a beta of 1.29.

Vontier (NYSE:VNT - Get Free Report) last issued its earnings results on Thursday, May 1st. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.06. Vontier had a net margin of 14.17% and a return on equity of 43.22%. The firm had revenue of $741.10 million for the quarter, compared to analysts' expectations of $723.06 million. During the same quarter last year, the company earned $0.74 earnings per share. The firm's revenue was down 1.9% compared to the same quarter last year. On average, sell-side analysts anticipate that Vontier Co. will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 26th. Investors 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 0.27%. The ex-dividend date of this dividend is Thursday, June 5th. Vontier's payout ratio is 4.07%.

Vontier Company 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.