Thompson Siegel & Walmsley LLC Sells 125,981 Shares of Vontier Co. (NYSE:VNT)

Thompson Siegel & Walmsley LLC decreased its position in Vontier Co. (NYSE:VNT - Free Report) by 5.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,132,265 shares of the company's stock after selling 125,981 shares during the quarter. Vontier accounts for about 1.2% of Thompson Siegel & Walmsley LLC's holdings, making the stock its 23rd biggest holding. Thompson Siegel & Walmsley LLC owned 1.38% of Vontier worth $73,670,000 at the end of the most recent reporting period.

Several other hedge funds have also recently added to or reduced their stakes in VNT. Commonwealth Equity Services LLC increased its stake in Vontier by 7.2% in the third quarter. Commonwealth Equity Services LLC now owns 12,930 shares of the company's stock valued at $400,000 after purchasing an additional 864 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its stake in Vontier by 174.8% in the third quarter. Robeco Institutional Asset Management B.V. now owns 46,218 shares of the company's stock valued at $1,429,000 after purchasing an additional 29,398 shares during the last quarter. Zurcher Kantonalbank Zurich Cantonalbank increased its stake in Vontier by 15.2% in the third quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 30,478 shares of the company's stock valued at $942,000 after purchasing an additional 4,024 shares during the last quarter. Strs Ohio increased its stake in Vontier by 9.5% in the third quarter. Strs Ohio now owns 55,050 shares of the company's stock valued at $1,702,000 after purchasing an additional 4,773 shares during the last quarter. Finally, Fractal Investments LLC increased its stake in Vontier by 41.7% in the third quarter. Fractal Investments LLC now owns 17,000 shares of the company's stock valued at $526,000 after purchasing an additional 5,000 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. UBS Group increased their price target on shares of Vontier from $42.00 to $46.00 and gave the company a "buy" rating in a research note on Friday, February 16th. The Goldman Sachs Group raised their target price 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. Evercore ISI raised their target price on shares of Vontier from $40.00 to $47.00 and gave the stock an "outperform" rating in a research report on Tuesday, February 20th. Argus raised their target price on shares of Vontier from $39.00 to $50.00 and gave the stock a "buy" rating in a research report on Monday, March 18th. Finally, Citigroup raised their target price on shares of Vontier from $45.00 to $51.00 and gave the stock a "buy" rating in a research report on Monday, April 8th. One equities research analyst has rated the stock with a hold rating and six have issued a buy rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average target price of $45.00.

Vontier Stock Performance

Shares of NYSE VNT traded up $0.02 during mid-day trading on Friday, hitting $40.60. 562,981 shares of the company were exchanged, compared to its average volume of 640,495. The company has a quick ratio of 1.23, a current ratio of 1.57 and a debt-to-equity ratio of 2.21. The stock has a 50 day simple moving average of $42.39 and a 200-day simple moving average of $37.51. Vontier Co. has a 1-year low of $27.56 and a 1-year high of $45.62. The firm has a market cap of $6.27 billion, a price-to-earnings ratio of 14.71, a price-to-earnings-growth ratio of 1.18 and a beta of 1.33.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings results on Thursday, May 2nd. The company reported $0.74 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.05. Vontier had a return on equity of 54.84% and a net margin of 14.02%. The firm had revenue of $755.80 million during the quarter, compared to the consensus estimate of $754.50 million. During the same period last year, the company earned $0.68 earnings per share. The company's revenue for the quarter was down 2.7% on a year-over-year basis. On average, sell-side analysts forecast that Vontier Co. will post 3.15 EPS for the current fiscal year.

Vontier Dividend Announcement

The business also recently declared 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 annualized dividend and a dividend yield of 0.25%. The ex-dividend date was Wednesday, March 6th. Vontier's dividend payout ratio is presently 3.62%.

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.