Quantinno Capital Management LP Boosts Stock Position in Vontier Co. (NYSE:VNT)

Quantinno Capital Management LP grew its position in shares of Vontier Co. (NYSE:VNT - Free Report) by 29.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 68,548 shares of the company's stock after acquiring an additional 15,554 shares during the quarter. Quantinno Capital Management LP's holdings in Vontier were worth $2,500,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the company. Fuller & Thaler Asset Management Inc. boosted its position in shares of Vontier by 5.5% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 3,323,491 shares of the company's stock valued at $121,208,000 after acquiring an additional 173,542 shares during the last quarter. Dimensional Fund Advisors LP raised its holdings in Vontier by 2.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,666,927 shares of the company's stock valued at $97,260,000 after buying an additional 75,775 shares during the period. Ameriprise Financial Inc. raised its holdings in Vontier by 4.0% during the 4th quarter. Ameriprise Financial Inc. now owns 2,515,579 shares of the company's stock valued at $91,740,000 after buying an additional 96,554 shares during the period. River Road Asset Management LLC raised its holdings in Vontier by 6.2% during the 4th quarter. River Road Asset Management LLC now owns 2,502,132 shares of the company's stock valued at $91,253,000 after buying an additional 145,574 shares during the period. Finally, Norges Bank purchased a new stake in Vontier during the 4th quarter valued at $64,869,000. 95.83% of the stock is currently owned by institutional investors.

Vontier Trading Down 1.4%

VNT stock traded down $0.52 during midday trading on Friday, reaching $35.29. The company's stock had a trading volume of 541,753 shares, compared to its average volume of 908,566. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51. The stock has a fifty day simple moving average of $32.69 and a two-hundred day simple moving average of $35.88. Vontier Co. has a 1 year low of $27.22 and a 1 year high of $41.61. The firm has a market capitalization of $5.22 billion, a price-to-earnings ratio of 12.83, a PEG ratio of 1.23 and a beta of 1.29.

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

Vontier Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, June 5th will be paid a $0.025 dividend. The ex-dividend date is Thursday, June 5th. This represents a $0.10 dividend on an annualized basis and a yield of 0.28%. Vontier's payout ratio is 4.07%.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Evercore ISI increased 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. Citigroup decreased their price target on Vontier from $45.00 to $36.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Barclays increased their price target on Vontier from $45.00 to $48.00 and gave the company an "overweight" rating in a report on Monday, May 5th. Finally, Robert W. Baird increased their price target on Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a report on Tuesday, February 18th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and an average price target of $44.83.

Insider Activity at Vontier

In related news, SVP Kathryn K. Rowen sold 7,344 shares of Vontier stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $36.34, for a total value 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 $3,206,932.32. The trade was a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. 0.97% of the stock is currently owned by corporate insiders.

Vontier Company 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.