LSV Asset Management Has $46.51 Million Stake in Vontier Corporation (NYSE:VNT)

Key Points

• LSV Asset Management has reduced its stake in Vontier Corporation by 4.4%, owning approximately 1.42 million shares valued at $46.5 million as of the latest filing.
• Vontier's stock recently increased by 1.9%, trading at $41.15, with a market capitalization of $6.04 billion and a PE ratio of 15.65.
• Analysts generally maintain a positive outlook on Vontier, with a consensus rating of "Moderate Buy" and a price target averaging $46.67.

LSV Asset Management decreased its holdings in shares of Vontier Corporation (NYSE:VNT - Free Report) by 4.4% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 1,415,947 shares of the company's stock after selling 64,900 shares during the period. LSV Asset Management owned 0.96% of Vontier worth $46,514,000 as of its most recent SEC filing.

Other institutional investors have also recently modified their holdings of the company. Benjamin Edwards Inc. boosted its position in shares of Vontier by 2.2% during the 4th quarter. Benjamin Edwards Inc. now owns 12,287 shares of the company's stock worth $448,000 after purchasing an additional 270 shares during the period. DekaBank Deutsche Girozentrale raised its holdings in Vontier by 3.8% during the first quarter. DekaBank Deutsche Girozentrale now owns 9,287 shares of the company's stock worth $301,000 after purchasing an additional 337 shares in the last quarter. Quadrant Capital Group LLC lifted its position 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 valued at $257,000 after acquiring an additional 338 shares during the period. Advisory Services Network LLC lifted its stake in Vontier by 2.8% in the 4th quarter. Advisory Services Network LLC now owns 16,184 shares of the company's stock valued at $590,000 after buying an additional 439 shares in the last quarter. Finally, American Century Companies Inc. boosted its holdings in shares of Vontier by 1.1% during the fourth quarter. American Century Companies Inc. now owns 39,342 shares of the company's stock worth $1,435,000 after purchasing an additional 447 shares during the last quarter. 95.83% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling 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 completion of the transaction, the senior vice president owned 88,248 shares of the company's stock, valued at $3,206,932.32. The trade was a 7.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. 0.97% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several brokerages have weighed in on VNT. Citigroup reissued a "buy" rating and set a $45.00 price objective (up from $37.00) on shares of Vontier in a report on Monday, July 14th. Wall Street Zen raised Vontier from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Robert W. Baird boosted their price objective on Vontier from $40.00 to $45.00 and gave the stock a "neutral" rating in a research report on Monday. Barclays reissued an "overweight" rating on shares of Vontier in a report on Monday. Finally, Evercore ISI raised their price target on Vontier from $45.00 to $47.00 and gave the company an "outperform" rating in a report on Monday, May 19th. Two research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $47.14.

Vontier Price Performance

Shares of VNT stock traded down $0.26 during mid-day trading on Thursday, hitting $40.29. 692,197 shares of the stock were exchanged, compared to its average volume of 984,522. The company has a quick ratio of 0.80, a current ratio of 1.08 and a debt-to-equity ratio of 1.32. Vontier Corporation has a 52-week low of $27.22 and a 52-week high of $42.00. The firm has a fifty day moving average of $37.75 and a 200 day moving average of $35.76. The company has a market cap of $5.91 billion, a PE ratio of 15.32, a price-to-earnings-growth ratio of 1.37 and a beta of 1.31.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.72 by $0.07. Vontier had a net margin of 12.99% and a return on equity of 41.96%. The firm had revenue of $773.50 million for the quarter, compared to analyst estimates of $734.23 million. During the same period in the prior year, the business posted $0.63 EPS. The business's revenue for the quarter was up 11.1% compared to the same quarter last year. Research analysts anticipate that Vontier Corporation will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, June 26th. Stockholders of record on Thursday, June 5th were paid a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, June 5th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.2%. Vontier's dividend payout ratio is 3.80%.

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.