Vontier Co. (NYSE:VNT) Stock Holdings Lessened by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio lowered its stake in shares of Vontier Co. (NYSE:VNT - Free Report) by 10.3% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. 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 filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of the stock. Benjamin Edwards Inc. increased its stake in shares of Vontier by 2.2% during the fourth 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 grew its stake in Vontier by 1.9% during the 4th quarter. Foundry Partners LLC now owns 17,304 shares of the company's stock valued at $631,000 after acquiring an additional 324 shares in the last quarter. Quadrant Capital Group LLC grew its stake in Vontier by 5.0% during the 4th quarter. Quadrant Capital Group LLC now owns 7,049 shares of the company's stock valued at $257,000 after acquiring an additional 338 shares in the last quarter. Bailard Inc. grew its stake in Vontier by 0.6% during the 4th quarter. Bailard Inc. now owns 61,207 shares of the company's stock valued at $2,232,000 after acquiring an additional 356 shares in the last quarter. Finally, Global X Japan Co. Ltd. grew its stake in Vontier by 137.7% during the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock valued at $27,000 after acquiring an additional 431 shares in the last quarter. Hedge funds and other institutional investors own 95.83% of the company's stock.

Insider Activity

In related news, SVP Kathryn K. Rowen sold 7,344 shares of the stock in a transaction 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 transaction, the senior vice president now directly owns 88,248 shares of the company's stock, valued at $3,206,932.32. This trade represents a 7.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Company insiders own 0.97% of the company's stock.

Vontier Stock Down 0.8%

Vontier stock traded down $0.30 during mid-day trading on Wednesday, reaching $36.08. 161,658 shares of the company's stock were exchanged, compared to its average volume of 909,109. The company has a market cap of $5.34 billion, a P/E ratio of 13.13, a P/E/G ratio of 1.23 and a beta of 1.29. Vontier Co. has a twelve month low of $27.22 and a twelve month high of $41.61. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97. The company has a fifty day moving average of $32.94 and a 200-day moving average of $35.67.

Vontier (NYSE:VNT - Get Free Report) last announced 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. Vontier had a net margin of 14.17% and a return on equity of 43.22%. The business had revenue of $741.10 million for the quarter, compared to analyst estimates of $723.06 million. During the same period last year, the business earned $0.74 EPS. The company's revenue was down 1.9% on a year-over-year basis. Sell-side analysts expect that Vontier Co. will post 3.13 EPS for the current year.

Vontier Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on VNT shares. Barclays upped their price objective on shares of Vontier from $45.00 to $48.00 and gave the company an "overweight" rating in a research note on Monday, May 5th. Citigroup dropped their price target on shares of Vontier from $45.00 to $36.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Robert W. Baird increased their price target on shares of Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a research note on Tuesday, February 18th. Finally, Evercore ISI increased their price target on shares of Vontier from $45.00 to $47.00 and gave the company an "outperform" rating in a research note on Monday, May 19th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $44.83.

About Vontier

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.