Vontier Co. (NYSE:VNT) Stock Position Lifted by Mutual of America Capital Management LLC

Mutual of America Capital Management LLC lifted its stake in shares of Vontier Co. (NYSE:VNT - Free Report) by 71.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 172,197 shares of the company's stock after acquiring an additional 71,515 shares during the quarter. Mutual of America Capital Management LLC owned 0.11% of Vontier worth $5,949,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Vontier by 1.6% during the 3rd quarter. Vanguard Group Inc. now owns 16,477,275 shares of the company's stock worth $509,477,000 after purchasing an additional 264,884 shares during the last quarter. BlackRock Inc. lifted its position in shares of Vontier by 1.6% during the 1st quarter. BlackRock Inc. now owns 14,668,635 shares of the company's stock worth $372,436,000 after purchasing an additional 228,497 shares during the last quarter. FMR LLC lifted its position in shares of Vontier by 25.8% during the 3rd quarter. FMR LLC now owns 13,493,831 shares of the company's stock worth $417,229,000 after purchasing an additional 2,767,188 shares during the last quarter. T. Rowe Price Investment Management Inc. purchased a new stake in shares of Vontier during the 4th quarter worth $127,000,000. Finally, State Street Corp lifted its position in shares of Vontier by 4.7% during the 1st quarter. State Street Corp now owns 4,898,032 shares of the company's stock worth $124,361,000 after purchasing an additional 221,705 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on VNT shares. The Goldman Sachs Group lifted their price objective on shares of Vontier from $37.00 to $41.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 20th. Citigroup boosted their price target on shares of Vontier from $45.00 to $51.00 and gave the company a "buy" rating in a research report on Monday, April 8th. UBS Group boosted their price target on shares of Vontier from $42.00 to $46.00 and gave the company a "buy" rating in a research report on Friday, February 16th. Argus boosted their price target on shares of Vontier from $39.00 to $50.00 and gave the company a "buy" rating in a research report on Monday, March 18th. Finally, Bank of America raised shares of Vontier from a "neutral" rating to a "buy" rating and boosted their price target for the company from $37.00 to $40.00 in a research report on Thursday, January 11th. One research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, Vontier has an average rating of "Moderate Buy" and an average price target of $45.00.

Vontier Stock Performance

NYSE VNT traded down $0.49 during trading on Friday, reaching $41.57. The company's stock had a trading volume of 603,111 shares, compared to its average volume of 822,310. The company has a debt-to-equity ratio of 2.44, a quick ratio of 1.08 and a current ratio of 1.39. The firm has a market cap of $6.40 billion, a price-to-earnings ratio of 17.25, a P/E/G ratio of 1.21 and a beta of 1.31. Vontier Co. has a twelve month low of $26.23 and a twelve month high of $45.62. The business's fifty day moving average price is $42.05 and its 200-day moving average price is $36.24.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings results on Thursday, February 15th. The company reported $0.80 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.78 by $0.02. Vontier had a net margin of 12.18% and a return on equity of 60.00%. The business had revenue of $789.00 million for the quarter, compared to analyst estimates of $780.92 million. During the same period in the previous year, the business posted $0.81 earnings per share. The business's revenue was down 9.5% compared to the same quarter last year. As a group, analysts anticipate that Vontier Co. will post 3.15 EPS for the current fiscal year.

Vontier Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Investors of record on Thursday, March 7th were issued a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.24%. The ex-dividend date of this dividend was Wednesday, March 6th. Vontier's dividend payout ratio is currently 4.15%.

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.