MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. Acquires Shares of 256,199 Vontier Co. (NYSE:VNT)

MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. bought a new stake in Vontier Co. (NYSE:VNT - Free Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund bought 256,199 shares of the company's stock, valued at approximately $9,280,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. owned approximately 0.17% of Vontier as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently bought and sold shares of the company. Global X Japan Co. Ltd. lifted its stake in Vontier by 137.7% in 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. Lazard Asset Management LLC bought a new stake in Vontier in the 4th quarter valued at approximately $73,000. Farther Finance Advisors LLC increased its position in shares of Vontier by 44.5% during the 4th quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company's stock worth $83,000 after purchasing an additional 700 shares during the last quarter. Covestor Ltd increased its position in shares of Vontier by 66.8% during the 4th quarter. Covestor Ltd now owns 2,437 shares of the company's stock worth $89,000 after purchasing an additional 976 shares during the last quarter. Finally, Wealthfront Advisers LLC acquired a new position in shares of Vontier during the 4th quarter worth approximately $98,000. Institutional investors own 95.83% of the company's stock.

Vontier Stock Performance

Shares of VNT stock traded down $0.02 during trading on Thursday, reaching $35.62. 177,287 shares of the company's stock were exchanged, compared to its average volume of 904,296. 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 stock has a market capitalization of $5.27 billion, a PE ratio of 12.96, a PEG 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 firm's fifty day moving average price is $32.61 and its 200-day moving average price is $35.91.

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

Vontier Announces Dividend

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

Insider Buying and Selling

In related news, SVP Kathryn K. Rowen sold 7,344 shares of the business's stock in a transaction that occurred 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 transaction, the senior vice president now directly owns 88,248 shares of the company's stock, valued at approximately $3,206,932.32. The trade was a 7.68% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.97% of the stock is owned by insiders.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Evercore ISI boosted their price target on Vontier from $45.00 to $47.00 and gave the stock an "outperform" rating in a research report on Monday. Robert W. Baird boosted 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. 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 boosted their price target on Vontier from $45.00 to $48.00 and gave the stock an "overweight" rating in a research report on Monday, May 5th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, Vontier presently has an average rating of "Moderate Buy" and an average price target of $44.83.

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.