Vontier Corporation (NYSE:VNT) Shares Sold by SG Americas Securities LLC

SG Americas Securities LLC decreased its stake in Vontier Corporation (NYSE:VNT - Free Report) by 37.0% during the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 47,683 shares of the company's stock after selling 27,981 shares during the quarter. SG Americas Securities LLC's holdings in Vontier were worth $1,566,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Lazard Asset Management LLC acquired a new position in Vontier in the fourth quarter valued at approximately $73,000. GAMMA Investing LLC increased its holdings in shares of Vontier by 60.1% during the 1st quarter. GAMMA Investing LLC now owns 2,209 shares of the company's stock valued at $73,000 after purchasing an additional 829 shares in the last quarter. Farther Finance Advisors LLC increased its holdings in shares of Vontier by 44.5% during the 4th quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company's stock valued at $83,000 after purchasing an additional 700 shares in the last quarter. Covestor Ltd lifted its stake in shares of Vontier by 66.8% in the 4th quarter. Covestor Ltd now owns 2,437 shares of the company's stock valued at $89,000 after purchasing an additional 976 shares during the period. Finally, Wealthfront Advisers LLC purchased a new stake in Vontier during the fourth quarter worth $98,000. 95.83% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In related news, SVP Kathryn K. Rowen sold 7,344 shares of the business's stock in a transaction that occurred 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 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.97% of the company's stock.

Vontier Price Performance

NYSE VNT traded up $0.12 on Thursday, hitting $35.68. The company had a trading volume of 620,929 shares, compared to its average volume of 918,940. 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 company's fifty day moving average price is $34.13 and its 200-day moving average price is $35.51. The company has a market capitalization of $5.28 billion, a PE ratio of 14.50, a PEG ratio of 1.24 and a beta of 1.31. Vontier Corporation has a 12-month low of $27.22 and a 12-month high of $41.61.

Vontier (NYSE:VNT - Get Free Report) last released its 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 business had revenue of $741.10 million during 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%. The company's quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter in the previous year, the company earned $0.74 earnings per share. As a group, 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 will be paid on Thursday, June 26th. Shareholders of record on Thursday, June 5th will be issued a dividend of $0.025 per share. The ex-dividend date is Thursday, June 5th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.28%. Vontier's payout ratio is currently 4.07%.

Analyst Upgrades and Downgrades

Several research firms recently commented on VNT. Evercore ISI raised 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. Citigroup lowered their target price on shares of Vontier from $45.00 to $36.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Finally, Barclays lifted their price target on Vontier from $45.00 to $48.00 and gave the company an "overweight" rating in a research note on Monday, May 5th. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $44.83.

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.