Vontier Corporation (NYSE:VNT) Shares Bought by Lecap Asset Management Ltd.

Lecap Asset Management Ltd. increased its stake in shares of Vontier Corporation (NYSE:VNT - Free Report) by 384.5% in the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 30,028 shares of the company's stock after purchasing an additional 23,830 shares during the quarter. Lecap Asset Management Ltd.'s holdings in Vontier were worth $986,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. Benjamin Edwards Inc. raised its holdings in Vontier by 2.2% in the fourth quarter. Benjamin Edwards Inc. now owns 12,287 shares of the company's stock worth $448,000 after purchasing an additional 270 shares in the last quarter. Foundry Partners LLC grew its position in shares of Vontier by 1.9% in the 4th quarter. Foundry Partners LLC now owns 17,304 shares of the company's stock worth $631,000 after buying an additional 324 shares during the last quarter. Quadrant Capital Group LLC raised its stake in shares of Vontier by 5.0% during the 4th quarter. Quadrant Capital Group LLC now owns 7,049 shares of the company's stock worth $257,000 after acquiring an additional 338 shares in the last quarter. Bailard Inc. raised its stake in shares of Vontier by 0.6% during the 4th quarter. Bailard Inc. now owns 61,207 shares of the company's stock worth $2,232,000 after acquiring an additional 356 shares in the last quarter. Finally, Advisory Services Network LLC lifted its position in Vontier by 2.8% during the fourth quarter. Advisory Services Network LLC now owns 16,184 shares of the company's stock valued at $590,000 after acquiring an additional 439 shares during the last quarter. Institutional investors own 95.83% of the company's stock.

Vontier Stock Performance

Shares of NYSE:VNT traded up $0.53 on Thursday, hitting $37.35. 737,733 shares of the company were exchanged, compared to its average volume of 918,668. The firm has a market capitalization of $5.52 billion, a P/E ratio of 15.18, a price-to-earnings-growth ratio of 1.29 and a beta of 1.31. The company has a current ratio of 1.62, a quick ratio of 1.20 and a debt-to-equity ratio of 1.89. Vontier Corporation has a 1-year low of $27.22 and a 1-year high of $41.61. The stock's 50 day moving average price is $34.75 and its 200 day moving average price is $35.42.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.77 EPS for the quarter, topping analysts' consensus estimates of $0.71 by $0.06. The company had revenue of $741.10 million during the quarter, compared to analysts' expectations of $723.06 million. Vontier had a return on equity of 41.99% and a net margin of 12.59%. The firm's revenue was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.74 EPS. Sell-side analysts predict that Vontier Corporation will post 3.13 EPS for the current year.

Vontier Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, June 26th. Investors of record on Thursday, June 5th will be issued a $0.025 dividend. The ex-dividend date is Thursday, June 5th. This represents a $0.10 annualized dividend and a yield of 0.27%. Vontier's dividend payout ratio (DPR) is presently 4.07%.

Insider Buying and Selling

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 shares were sold at an average price of $36.34, for a total transaction of $266,880.96. Following the completion of the sale, the senior vice president now directly owns 88,248 shares in the company, valued at approximately $3,206,932.32. The trade was a 7.68% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website. 0.97% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on VNT. Evercore ISI lifted their price target on shares of Vontier from $45.00 to $47.00 and gave the stock an "outperform" rating in a report on Monday, May 19th. Barclays raised their price objective on Vontier from $45.00 to $48.00 and gave the stock an "overweight" rating in a research report on Monday, May 5th. Finally, Citigroup reduced their target price on Vontier from $45.00 to $36.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. According to MarketBeat, Vontier presently has an average rating of "Moderate Buy" and an average price target of $44.83.

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.