Nomura Holdings Inc. Purchases New Stake in Vontier Co. (NYSE:VNT)

Nomura Holdings Inc. acquired a new position in shares of Vontier Co. (NYSE:VNT - Free Report) in the 4th quarter, according to its most recent filing with the SEC. The fund acquired 19,930 shares of the company's stock, valued at approximately $727,000.

Several other large investors also recently bought and sold shares of VNT. Allspring Global Investments Holdings LLC lifted its stake in shares of Vontier by 2,814.5% in the fourth quarter. Allspring Global Investments Holdings LLC now owns 281,836 shares of the company's stock worth $10,164,000 after buying an additional 272,166 shares in the last quarter. Proficio Capital Partners LLC acquired a new stake in Vontier in the 4th quarter valued at about $508,000. Wolverine Asset Management LLC purchased a new position in Vontier in the 4th quarter worth approximately $2,918,000. Oppenheimer Asset Management Inc. boosted its holdings in shares of 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 last quarter. Finally, Sequoia Financial Advisors LLC boosted its holdings in shares of Vontier by 14.4% during the 4th quarter. Sequoia Financial Advisors LLC now owns 78,201 shares of the company's stock worth $2,852,000 after purchasing an additional 9,833 shares during the last quarter. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on VNT. Barclays lifted their price target on Vontier from $45.00 to $48.00 and gave the stock an "overweight" rating in a report on Monday, May 5th. Robert W. Baird increased their price target 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. Evercore ISI lifted their price target on shares of Vontier from $45.00 to $47.00 and gave the company an "outperform" rating in a research report on Monday, May 19th. Finally, Citigroup decreased their price objective on Vontier from $45.00 to $36.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $44.83.

Insiders Place Their Bets

In other Vontier news, SVP Kathryn K. Rowen sold 7,344 shares of the business's 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 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.97% of the stock is currently owned by company insiders.

Vontier Stock Performance

VNT stock traded down $0.52 on Monday, hitting $35.29. The company's stock had a trading volume of 541,753 shares, compared to its average volume of 910,542. The stock has a market cap of $5.22 billion, a price-to-earnings ratio of 12.83, a price-to-earnings-growth ratio of 1.23 and a beta of 1.29. The firm has a 50 day moving average of $32.69 and a two-hundred day moving average of $35.82. 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 1 year low of $27.22 and a 1 year high of $41.61.

Vontier (NYSE:VNT - Get Free Report) last released its earnings results on Thursday, May 1st. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.71 by $0.06. The business had revenue of $741.10 million for the quarter, compared to analyst estimates of $723.06 million. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The company's revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.74 earnings per share. Equities analysts predict that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

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