Mutual of America Capital Management LLC Sells 21,165 Shares of Vontier Corporation (NYSE:VNT)

Mutual of America Capital Management LLC reduced its holdings in Vontier Corporation (NYSE:VNT - Free Report) by 12.1% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 153,148 shares of the company's stock after selling 21,165 shares during the quarter. Mutual of America Capital Management LLC owned 0.10% of Vontier worth $5,031,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of the business. Benjamin Edwards Inc. boosted its position in Vontier by 2.2% during the fourth quarter. Benjamin Edwards Inc. now owns 12,287 shares of the company's stock valued at $448,000 after purchasing an additional 270 shares during the last quarter. Foundry Partners LLC lifted its holdings in Vontier by 1.9% during 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 last quarter. DekaBank Deutsche Girozentrale grew its holdings in shares of Vontier by 3.8% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 9,287 shares of the company's stock worth $301,000 after purchasing an additional 337 shares in the last quarter. Quadrant Capital Group LLC grew its holdings in shares of Vontier by 5.0% during the 4th quarter. Quadrant Capital Group LLC now owns 7,049 shares of the company's stock worth $257,000 after purchasing an additional 338 shares in the last quarter. Finally, Advisory Services Network LLC grew its holdings in shares of Vontier by 2.8% during the 4th quarter. Advisory Services Network LLC now owns 16,184 shares of the company's stock worth $590,000 after purchasing an additional 439 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors.

Vontier Stock Up 2.0%

Vontier stock traded up $0.76 during trading hours on Thursday, hitting $38.47. 1,032,038 shares of the stock traded hands, compared to its average volume of 931,221. The firm's 50-day moving average price is $36.66 and its two-hundred day moving average price is $35.42. The company has a current ratio of 1.62, a quick ratio of 1.20 and a debt-to-equity ratio of 1.89. The company has a market cap of $5.69 billion, a PE ratio of 15.64, a PEG ratio of 1.31 and a beta of 1.30. Vontier Corporation has a one year low of $27.22 and a one year high of $41.45.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings results 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 firm had revenue of $741.10 million for the quarter, compared to analysts' expectations of $723.06 million. During the same period in the previous year, the firm posted $0.74 EPS. The business's revenue for the quarter was down 1.9% compared to the same quarter last year. On average, research analysts forecast that Vontier Corporation will post 3.13 EPS for the current year.

Vontier Announces Dividend

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

Insider Buying and Selling

In other Vontier news, SVP Kathryn K. Rowen sold 7,344 shares of the stock in a transaction on Monday, May 12th. The stock was sold at an average price of $36.34, for a total transaction of $266,880.96. Following the sale, the senior vice president directly owned 88,248 shares in the company, valued at approximately $3,206,932.32. This trade represents a 7.68% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Corporate insiders own 0.97% of the company's stock.

Analysts Set New Price Targets

VNT has been the topic of a number of analyst reports. Evercore ISI upped their price target on Vontier from $45.00 to $47.00 and gave the company an "outperform" rating in a research report on Monday, May 19th. Citigroup reissued a "buy" rating and issued a $45.00 price objective (up from $37.00) on shares of Vontier in a research note on Monday. Finally, Barclays increased their price objective on Vontier from $45.00 to $48.00 and gave the stock an "overweight" rating in a research note on Monday, May 5th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to data from MarketBeat, Vontier currently has a consensus rating of "Moderate Buy" and a consensus target price of $46.33.

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.