Skylands Capital LLC Grows Stock Holdings in Vontier Corporation (NYSE:VNT)

Skylands Capital LLC grew its position in shares of Vontier Corporation (NYSE:VNT - Free Report) by 153.2% during the first quarter, according to its most recent filing with the SEC. The firm owned 60,000 shares of the company's stock after acquiring an additional 36,300 shares during the period. Skylands Capital LLC's holdings in Vontier were worth $1,971,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in VNT. Dynamic Advisor Solutions LLC bought a new stake in shares of Vontier during the first quarter valued at approximately $975,000. Proficio Capital Partners LLC purchased a new position in Vontier during the fourth quarter valued at $508,000. 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 valued at $888,000 after buying an additional 7,909 shares in the last quarter. Sequoia Financial Advisors LLC grew its position in shares of Vontier by 9.9% in the 1st quarter. Sequoia Financial Advisors LLC now owns 85,944 shares of the company's stock worth $2,823,000 after buying an additional 7,743 shares during the period. Finally, GAMMA Investing LLC grew its position in shares of Vontier by 5,158.4% in the 1st quarter. GAMMA Investing LLC now owns 72,566 shares of the company's stock worth $2,209,000 after buying an additional 71,186 shares during the period. Institutional investors own 95.83% of the company's stock.

Insider Buying and Selling at Vontier

In other news, SVP Kathryn K. Rowen sold 7,344 shares of the company'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 transaction, the senior vice president directly owned 88,248 shares of the company's stock, valued at $3,206,932.32. This represents a 7.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.97% of the stock is owned by corporate insiders.

Vontier Stock Up 1.5%

NYSE:VNT traded up $0.57 on Wednesday, reaching $38.05. 1,037,892 shares of the stock traded hands, compared to its average volume of 923,555. The company has a current ratio of 1.62, a quick ratio of 1.20 and a debt-to-equity ratio of 1.89. The company has a market capitalization of $5.63 billion, a price-to-earnings ratio of 15.47, a PEG ratio of 1.29 and a beta of 1.30. Vontier Corporation has a 12 month low of $27.22 and a 12 month high of $41.61. The company's fifty day simple moving average is $35.34 and its 200 day simple moving average is $35.34.

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

Vontier Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Shareholders of record on Thursday, June 5th were issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date was Thursday, June 5th. Vontier's payout ratio is 4.07%.

Analyst Ratings Changes

VNT has been the subject of a number of recent research reports. Barclays lifted their price target on shares of Vontier from $45.00 to $48.00 and gave the company an "overweight" rating in a research report on Monday, May 5th. Evercore ISI lifted their target price on shares of Vontier from $45.00 to $47.00 and gave the company an "outperform" rating in a report on Monday, May 19th. Finally, Citigroup dropped their price target 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 investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Vontier presently has an average rating of "Moderate Buy" and an average target price of $44.83.

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.