UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $19.02 Million Position in Vontier Co. (NYSE:VNT)

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Vontier Co. (NYSE:VNT - Free Report) by 13.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 521,525 shares of the company's stock after acquiring an additional 61,690 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned 0.35% of Vontier worth $19,020,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also modified their holdings of VNT. Benjamin Edwards Inc. raised its stake in 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 purchasing an additional 270 shares in the last quarter. Foundry Partners LLC increased its holdings in shares of Vontier by 1.9% during the fourth 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 raised its position in shares of Vontier by 5.0% in the fourth quarter. Quadrant Capital Group LLC now owns 7,049 shares of the company's stock valued at $257,000 after buying an additional 338 shares in the last quarter. Bailard Inc. boosted its stake in shares of Vontier by 0.6% in the fourth quarter. Bailard Inc. now owns 61,207 shares of the company's stock valued at $2,232,000 after buying an additional 356 shares during the period. Finally, Global X Japan Co. Ltd. grew 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 worth $27,000 after buying an additional 431 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several brokerages have weighed in on VNT. Citigroup dropped their price objective on Vontier from $45.00 to $36.00 and set a "buy" rating for the company in a report on Monday, April 14th. Robert W. Baird raised their price target on Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 18th. Barclays upped their price objective on shares of Vontier from $45.00 to $48.00 and gave the stock an "overweight" rating in a research report on Monday, May 5th. Finally, Evercore ISI raised 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. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company's stock. Based on data from MarketBeat, Vontier has a consensus rating of "Moderate Buy" and a consensus price target of $44.83.

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 shares were sold at an average price of $36.34, for a total transaction of $266,880.96. Following the completion of the transaction, the senior vice president now directly owns 88,248 shares in the company, valued at approximately $3,206,932.32. This represents a 7.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.97% of the company's stock.

Vontier Price Performance

Shares of Vontier stock traded down $0.30 during trading on Friday, reaching $35.79. 1,014,757 shares of the company's stock were exchanged, compared to its average volume of 914,204. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51. Vontier Co. has a 1-year low of $27.22 and a 1-year high of $41.61. The company has a market cap of $5.29 billion, a P/E ratio of 13.01, a PEG ratio of 1.23 and a beta of 1.29. The firm's 50-day moving average price is $32.86 and its 200 day moving average price is $35.71.

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

Vontier Announces Dividend

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

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.