41,313 Shares in Vontier Co. (NYSE:VNT) Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets bought a new position in shares of Vontier Co. (NYSE:VNT - Free Report) during the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 41,313 shares of the company's stock, valued at approximately $1,507,000.

A number of other large investors also recently modified their holdings of VNT. Global X Japan Co. Ltd. raised its stake in shares of Vontier by 137.7% during the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock worth $27,000 after buying an additional 431 shares during the last quarter. Farther Finance Advisors LLC raised its stake in shares of Vontier by 44.5% during the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company's stock worth $83,000 after buying an additional 700 shares during the last quarter. Covestor Ltd raised its stake in shares of Vontier by 66.8% during the fourth quarter. Covestor Ltd now owns 2,437 shares of the company's stock worth $89,000 after buying an additional 976 shares during the last quarter. Wealthfront Advisers LLC bought a new stake in shares of Vontier during the fourth quarter worth approximately $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in shares of Vontier during the fourth quarter worth approximately $99,000. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Vontier

In related news, SVP Kathryn K. Rowen sold 7,344 shares of the stock in a transaction 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 completion of the transaction, the senior vice president now owns 88,248 shares in the company, valued at approximately $3,206,932.32. This represents a 7.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 0.97% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on VNT. Evercore ISI boosted their price target on shares of Vontier from $45.00 to $47.00 and gave the stock an "outperform" rating in a research note on Monday, May 19th. Robert W. Baird upped their target price on shares of Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a research note on Tuesday, February 18th. 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, Barclays upped their target price 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. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Vontier presently has an average rating of "Moderate Buy" and a consensus target price of $44.83.

Vontier Stock Down 1.4%

Shares of VNT stock traded down $0.52 during trading hours on Friday, hitting $35.29. 541,753 shares of the company were exchanged, compared to its average volume of 908,566. The business has a 50 day moving average of $32.69 and a two-hundred day moving average of $35.88. 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 52 week low of $27.22 and a 52 week high of $41.61. The company has a market capitalization of $5.22 billion, a PE ratio of 12.83, a PEG ratio of 1.23 and a beta of 1.29.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.77 earnings per share (EPS) for the quarter, topping 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 company had revenue of $741.10 million during the quarter, compared to the consensus estimate of $723.06 million. During the same quarter in the prior year, the firm earned $0.74 earnings per share. The firm's revenue was down 1.9% compared to the same quarter last year. Analysts anticipate that Vontier Co. will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

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

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.