UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Raises Stock Holdings in Vontier Co. (NYSE:VNT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its position in Vontier Co. (NYSE:VNT - Free Report) by 13.4% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 521,525 shares of the company's stock after buying an additional 61,690 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned approximately 0.35% of Vontier worth $19,020,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also bought and sold shares of VNT. Benjamin Edwards Inc. lifted its holdings in shares of Vontier by 2.2% in the 4th quarter. Benjamin Edwards Inc. now owns 12,287 shares of the company's stock worth $448,000 after acquiring an additional 270 shares during the last quarter. Foundry Partners LLC raised its position in Vontier by 1.9% in the 4th quarter. Foundry Partners LLC now owns 17,304 shares of the company's stock worth $631,000 after purchasing an additional 324 shares during the period. Quadrant Capital Group LLC lifted its stake in Vontier by 5.0% in the fourth quarter. Quadrant Capital Group LLC now owns 7,049 shares of the company's stock worth $257,000 after purchasing an additional 338 shares during the last quarter. Bailard Inc. lifted its stake in Vontier by 0.6% in the fourth quarter. Bailard Inc. now owns 61,207 shares of the company's stock worth $2,232,000 after purchasing an additional 356 shares during the last quarter. Finally, Global X Japan Co. Ltd. boosted its position in Vontier by 137.7% during the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock valued at $27,000 after buying an additional 431 shares during the period. 95.83% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Vontier news, SVP Kathryn K. Rowen sold 7,344 shares of the firm's 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 now directly owns 88,248 shares in the company, valued at $3,206,932.32. This trade represents a 7.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Company insiders own 0.97% of the company's stock.

Analyst Ratings Changes

Several research firms have recently commented on VNT. Barclays lifted their price objective on Vontier from $45.00 to $48.00 and gave the stock an "overweight" rating in a report on Monday, May 5th. Evercore ISI lifted their price target on Vontier from $45.00 to $47.00 and gave the stock an "outperform" rating in a research note on Monday, May 19th. Robert W. Baird boosted their price objective on Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a research report on Tuesday, February 18th. Finally, Citigroup cut their target price on shares of 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 issued a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $44.83.

Vontier Trading Down 0.3%

NYSE:VNT traded down $0.12 during mid-day trading on Monday, reaching $35.63. 762,275 shares of the company's stock traded hands, compared to its average volume of 913,593. The company has a 50 day moving average price of $32.89 and a 200-day moving average price of $35.67. The firm has a market capitalization of $5.27 billion, a price-to-earnings ratio of 12.96, a PEG ratio of 1.23 and a beta of 1.29. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. Vontier Co. has a 12-month low of $27.22 and a 12-month high of $41.61.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings data 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 firm had revenue of $741.10 million for the quarter, compared to analyst estimates of $723.06 million. During the same period last year, the company earned $0.74 EPS. The business's quarterly revenue was down 1.9% compared to the same quarter last year. On average, sell-side analysts predict that Vontier Co. will post 3.13 earnings per share for the current year.

Vontier Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, June 5th will be given 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 payout ratio is currently 4.07%.

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.