Stephens Inc. AR Sells 8,776 Shares of Vontier Corporation (NYSE:VNT)

Stephens Inc. AR cut its holdings in shares of Vontier Corporation (NYSE:VNT - Free Report) by 58.2% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 6,293 shares of the company's stock after selling 8,776 shares during the quarter. Stephens Inc. AR's holdings in Vontier were worth $207,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also bought and sold shares of the company. DekaBank Deutsche Girozentrale grew its position in Vontier by 3.8% in the first quarter. DekaBank Deutsche Girozentrale now owns 9,287 shares of the company's stock worth $301,000 after acquiring an additional 337 shares in the last quarter. TD Private Client Wealth LLC boosted its holdings in shares of Vontier by 21.0% in the first quarter. TD Private Client Wealth LLC now owns 5,747 shares of the company's stock valued at $189,000 after purchasing an additional 996 shares during the period. Penserra Capital Management LLC purchased a new stake in shares of Vontier in the first quarter valued at approximately $361,000. Olde Wealth Management LLC bought a new position in Vontier in the first quarter worth approximately $36,000. Finally, New York State Teachers Retirement System raised its stake in Vontier by 4.5% in the first quarter. New York State Teachers Retirement System now owns 175,630 shares of the company's stock worth $5,769,000 after buying an additional 7,547 shares in the last quarter. 95.83% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on VNT shares. Evercore ISI upped their price target on Vontier from $45.00 to $47.00 and gave the stock an "outperform" rating in a research report on Monday, May 19th. Barclays upped their target price on Vontier from $45.00 to $48.00 and gave the company an "overweight" rating in a research report on Monday, May 5th. Finally, Citigroup reissued a "buy" rating and issued a $45.00 target price (up from $37.00) on shares of Vontier in a research report on Monday, July 14th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $46.33.

Vontier Price Performance

NYSE:VNT opened at $38.44 on Monday. Vontier Corporation has a one year low of $27.22 and a one year high of $40.99. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.20 and a current ratio of 1.62. The firm has a market cap of $5.69 billion, a price-to-earnings ratio of 15.63, a PEG ratio of 1.34 and a beta of 1.30. The firm's fifty day moving average is $36.80 and its two-hundred day moving average is $35.44.

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

Vontier Dividend Announcement

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

Insiders Place Their Bets

In other Vontier news, SVP Kathryn K. Rowen sold 7,344 shares of the stock in a transaction dated Monday, May 12th. The shares were 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 owned 88,248 shares in the company, valued at approximately $3,206,932.32. This represents a 7.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Corporate insiders own 0.97% of the company's stock.

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.

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