Swiss National Bank cut its position in Vontier Co. (NYSE:VNT - Free Report) by 10.9% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 304,900 shares of the company's stock after selling 37,200 shares during the quarter. Swiss National Bank owned 0.20% of Vontier worth $10,534,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently made changes to their positions in VNT. Vanguard Group Inc. raised its position in Vontier by 1.6% during the third quarter. Vanguard Group Inc. now owns 16,477,275 shares of the company's stock valued at $509,477,000 after purchasing an additional 264,884 shares in 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 buying an additional 2,767,188 shares during the last quarter. Mackenzie Financial Corp boosted its stake in Vontier by 0.5% in the fourth quarter. Mackenzie Financial Corp now owns 2,330,550 shares of the company's stock valued at $80,521,000 after buying an additional 12,186 shares in the last quarter. Corient Private Wealth LLC raised its stake in Vontier by 1.7% during the third quarter. Corient Private Wealth LLC now owns 2,266,987 shares of the company's stock worth $70,095,000 after acquiring an additional 37,463 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC lifted its holdings in shares of Vontier by 3.4% in the third quarter. Thompson Siegel & Walmsley LLC now owns 2,258,246 shares of the company's stock worth $69,825,000 after acquiring an additional 75,111 shares during the last quarter. Institutional investors own 95.83% of the company's stock.
Vontier Trading Down 0.8 %
Shares of VNT stock traded down $0.34 on Monday, hitting $40.26. The company had a trading volume of 530,387 shares, compared to its average volume of 758,195. The stock's 50-day moving average is $42.39 and its two-hundred day moving average is $37.63. The company has a debt-to-equity ratio of 2.21, a quick ratio of 1.23 and a current ratio of 1.57. The firm has a market cap of $6.22 billion, a P/E ratio of 14.65, a P/E/G ratio of 1.18 and a beta of 1.33. Vontier Co. has a twelve month low of $27.94 and a twelve month high of $45.62.
Vontier (NYSE:VNT - Get Free Report) last released its earnings results on Thursday, May 2nd. The company reported $0.74 earnings per share for the quarter, beating analysts' consensus estimates of $0.69 by $0.05. Vontier had a net margin of 14.02% and a return on equity of 54.84%. The business had revenue of $755.80 million during the quarter, compared to the consensus estimate of $754.50 million. During the same quarter in the prior year, the firm posted $0.68 EPS. The company's revenue for the quarter was down 2.7% compared to the same quarter last year. On average, equities research analysts anticipate that Vontier Co. will post 3.15 earnings per share for the current fiscal year.
Vontier Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 7th were given a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.25%. The ex-dividend date of this dividend was Wednesday, March 6th. Vontier's dividend payout ratio (DPR) is presently 3.62%.
Wall Street Analyst Weigh In
A number of equities analysts recently issued reports on VNT shares. Citigroup upped their price objective 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. UBS Group raised their price objective on Vontier from $42.00 to $46.00 and gave the company a "buy" rating in a report on Friday, February 16th. Argus upped their target price on Vontier from $39.00 to $50.00 and gave the stock a "buy" rating in a report on Monday, March 18th. Evercore ISI lifted their price target on Vontier from $40.00 to $47.00 and gave the company an "outperform" rating in a research note on Tuesday, February 20th. Finally, The Goldman Sachs Group boosted their price target on Vontier from $37.00 to $41.00 and gave the stock a "neutral" rating in a report on Tuesday, February 20th. One investment analyst has rated the stock with a hold rating and six have issued a buy rating to the company's stock. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and an average target price of $45.00.
View Our Latest Report on VNT
About Vontier
(
Free Report)
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.
See Also
Before you consider Vontier, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Vontier wasn't on the list.
While Vontier currently has a "Moderate Buy" rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
As the AI market heats up, investors who have a vision for artificial intelligence have the potential to see real returns. Learn about the industry as a whole as well as seven companies that are getting work done with the power of AI.
Get This Free Report
