Public Employees Retirement System of Ohio Sells 7,137 Shares of Vontier Co. (NYSE:VNT)

Public Employees Retirement System of Ohio decreased its holdings in Vontier Co. (NYSE:VNT - Free Report) by 10.3% in the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 61,889 shares of the company's stock after selling 7,137 shares during the period. Public Employees Retirement System of Ohio's holdings in Vontier were worth $2,257,000 as of its most recent SEC filing.

A number of other institutional investors also recently made changes to their positions in the business. Fuller & Thaler Asset Management Inc. boosted its stake in shares of Vontier by 5.5% in the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 3,323,491 shares of the company's stock valued at $121,208,000 after purchasing an additional 173,542 shares in the last quarter. Dimensional Fund Advisors LP boosted its position in Vontier by 2.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,666,927 shares of the company's stock valued at $97,260,000 after buying an additional 75,775 shares during the period. Ameriprise Financial Inc. boosted its position in Vontier by 4.0% during the 4th quarter. Ameriprise Financial Inc. now owns 2,515,579 shares of the company's stock valued at $91,740,000 after buying an additional 96,554 shares during the period. River Road Asset Management LLC boosted its position in Vontier by 6.2% during the 4th quarter. River Road Asset Management LLC now owns 2,502,132 shares of the company's stock valued at $91,253,000 after buying an additional 145,574 shares during the period. Finally, Norges Bank purchased a new stake in Vontier during the 4th quarter valued at $64,869,000. Hedge funds and other institutional investors own 95.83% of the company's stock.

Insider Transactions at Vontier

In other news, SVP Kathryn K. Rowen sold 7,344 shares of Vontier stock in a transaction that occurred on 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. The trade was a 7.68% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Company insiders own 0.97% of the company's stock.

Analyst Upgrades and Downgrades

VNT has been the topic of several research analyst reports. Robert W. Baird boosted their target price on Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a research note on Tuesday, February 18th. Evercore ISI raised their target price on shares of Vontier from $45.00 to $47.00 and gave the stock an "outperform" rating in a research report on Monday, May 19th. Barclays raised their target price 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, Citigroup dropped their target price on shares of Vontier from $45.00 to $36.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $44.83.

Vontier Stock Down 1.2%

NYSE:VNT traded down $0.45 on Wednesday, reaching $35.93. 1,010,370 shares of the stock traded hands, compared to its average volume of 913,286. The company has a market capitalization of $5.31 billion, a price-to-earnings ratio of 13.07, a PEG ratio of 1.23 and a beta of 1.29. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97. Vontier Co. 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 $33.01 and its 200 day simple moving average is $35.67.

Vontier (NYSE:VNT - Get Free Report) last released its quarterly earnings data on Thursday, May 1st. The company reported $0.77 earnings per share for the quarter, beating analysts' consensus estimates of $0.71 by $0.06. The business had revenue of $741.10 million during the quarter, compared to analyst estimates of $723.06 million. Vontier had a net margin of 14.17% and a return on equity of 43.22%. Vontier's revenue was down 1.9% compared to the same quarter last year. During the same period last year, the business earned $0.74 EPS. Equities analysts predict that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

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