Sequoia Financial Advisors LLC Has $2.82 Million Stock Holdings in Vontier Corporation (NYSE:VNT)

Sequoia Financial Advisors LLC grew its stake in shares of Vontier Corporation (NYSE:VNT - Free Report) by 9.9% during the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 85,944 shares of the company's stock after buying an additional 7,743 shares during the quarter. Sequoia Financial Advisors LLC owned about 0.06% of Vontier worth $2,823,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. Bank of New York Mellon Corp lifted its stake in Vontier by 2.1% during the fourth quarter. Bank of New York Mellon Corp now owns 1,506,595 shares of the company's stock valued at $54,946,000 after buying an additional 30,362 shares in the last quarter. Oppenheimer Asset Management Inc. boosted its stake in shares of Vontier by 48.1% during the 4th quarter. Oppenheimer Asset Management Inc. now owns 24,342 shares of the company's stock worth $888,000 after acquiring an additional 7,909 shares in the last quarter. Proficio Capital Partners LLC bought a new position in Vontier in the 4th quarter worth $508,000. US Bancorp DE increased its stake in shares of Vontier by 21.7% in the fourth quarter. US Bancorp DE now owns 18,019 shares of the company's stock worth $657,000 after purchasing an additional 3,216 shares during the period. Finally, Bailard Inc. lifted its position in shares of Vontier by 0.6% during the 4th 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. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on VNT shares. 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 report on Monday, May 19th. Citigroup lowered their price target on Vontier from $45.00 to $36.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Finally, Barclays lifted their target price 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. Two 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.com, Vontier has an average rating of "Moderate Buy" and a consensus target price of $44.83.

Vontier Trading Up 1.0%

VNT stock traded up $0.38 during trading on Wednesday, hitting $37.86. The company had a trading volume of 468,716 shares, compared to its average volume of 921,433. The firm has a 50-day moving average price of $35.34 and a 200-day moving average price of $35.34. The company has a quick ratio of 1.20, a current ratio of 1.62 and a debt-to-equity ratio of 1.89. The stock has a market cap of $5.60 billion, a price-to-earnings ratio of 15.39, a PEG ratio of 1.29 and a beta of 1.30. Vontier Corporation has a 12 month low of $27.22 and a 12 month high of $41.61.

Vontier (NYSE:VNT - Get Free Report) last announced its quarterly earnings data on Thursday, May 1st. The company reported $0.77 EPS for the quarter, topping analysts' consensus estimates of $0.71 by $0.06. Vontier had a return on equity of 41.99% and a net margin of 12.59%. The business had revenue of $741.10 million during the quarter, compared to analysts' expectations of $723.06 million. During the same period in the previous year, the firm earned $0.74 earnings per share. The firm's quarterly revenue was down 1.9% compared to the same quarter last year. As a group, analysts predict that Vontier Corporation will post 3.13 earnings per share for the current year.

Vontier Dividend Announcement

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

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 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 transaction, the senior vice president owned 88,248 shares in the company, valued at $3,206,932.32. This represents a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 0.97% of the stock is owned by company insiders.

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.