Vontier Corporation (NYSE:VNT) Position Decreased by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC decreased its holdings in shares of Vontier Corporation (NYSE:VNT - Free Report) by 16.3% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 41,011 shares of the company's stock after selling 8,010 shares during the quarter. Janney Montgomery Scott LLC's holdings in Vontier were worth $1,347,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of VNT. Bank of New York Mellon Corp raised its position in shares of Vontier by 2.1% during the 4th quarter. Bank of New York Mellon Corp now owns 1,506,595 shares of the company's stock worth $54,946,000 after purchasing an additional 30,362 shares during the period. Illinois Municipal Retirement Fund grew its stake in Vontier by 19.1% during the 4th quarter. Illinois Municipal Retirement Fund now owns 62,163 shares of the company's stock worth $2,267,000 after buying an additional 9,982 shares during the last quarter. Oppenheimer Asset Management Inc. grew its stake 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 buying an additional 7,909 shares during the last quarter. Proficio Capital Partners LLC acquired a new stake in Vontier in the fourth quarter worth $508,000. Finally, US Bancorp DE increased its position in Vontier by 21.7% in the fourth quarter. US Bancorp DE now owns 18,019 shares of the company's stock worth $657,000 after buying an additional 3,216 shares during the period. Institutional investors own 95.83% of the company's stock.

Insider Transactions at Vontier

In other news, SVP Kathryn K. Rowen sold 7,344 shares of Vontier stock in a transaction 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 directly owned 88,248 shares in the company, valued at approximately $3,206,932.32. This trade represents a 7.68% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 0.97% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on VNT. Barclays boosted their price target on shares of Vontier from $45.00 to $48.00 and gave the company an "overweight" rating in a report on Monday, May 5th. Citigroup cut their price objective on shares of Vontier from $45.00 to $36.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, Evercore ISI upped their target price on shares of Vontier from $45.00 to $47.00 and gave the stock an "outperform" rating in a research report on Monday, May 19th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Vontier currently has a consensus rating of "Moderate Buy" and a consensus target price of $44.83.

Vontier Stock Performance

Shares of VNT traded up $0.58 during trading hours on Tuesday, reaching $37.48. 1,052,167 shares of the company's stock traded hands, compared to its average volume of 923,098. Vontier Corporation has a twelve month low of $27.22 and a twelve month high of $41.61. The business's fifty day simple moving average is $35.34 and its two-hundred day simple moving average is $35.34. The company has a debt-to-equity ratio of 1.89, a current ratio of 1.62 and a quick ratio of 1.20. The firm has a market capitalization of $5.54 billion, a price-to-earnings ratio of 15.24, a P/E/G ratio of 1.29 and a beta of 1.30.

Vontier (NYSE:VNT - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.77 EPS for the quarter, beating the consensus estimate of $0.71 by $0.06. The firm had revenue of $741.10 million for the quarter, compared to analysts' expectations of $723.06 million. Vontier had a net margin of 12.59% and a return on equity of 41.99%. Vontier's quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter last year, the company earned $0.74 EPS. Analysts predict that Vontier Corporation will post 3.13 earnings per share for the current year.

Vontier Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Shareholders of record on Thursday, June 5th were given a $0.025 dividend. The ex-dividend date was Thursday, June 5th. This represents a $0.10 dividend on an annualized basis and a yield of 0.27%. Vontier's dividend payout ratio (DPR) 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.