Hudson Bay Capital Management LP Has $8.30 Million Holdings in Vontier Co. (NYSE:VNT)

Hudson Bay Capital Management LP grew its stake in Vontier Co. (NYSE:VNT - Free Report) by 27.1% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 227,519 shares of the company's stock after purchasing an additional 48,562 shares during the period. Hudson Bay Capital Management LP owned about 0.15% of Vontier worth $8,298,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently made changes to their positions in VNT. Gotham Asset Management LLC increased its stake in Vontier by 10.1% during the fourth quarter. Gotham Asset Management LLC now owns 228,292 shares of the company's stock valued at $8,326,000 after acquiring an additional 21,003 shares during the period. Graham Capital Management L.P. acquired a new stake in Vontier during the fourth quarter valued at approximately $3,219,000. Deutsche Bank AG raised its stake in Vontier by 4.4% during the fourth quarter. Deutsche Bank AG now owns 14,379 shares of the company's stock worth $524,000 after acquiring an additional 604 shares in the last quarter. D. E. Shaw & Co. Inc. lifted its holdings in Vontier by 121.4% during the 4th quarter. D. E. Shaw & Co. Inc. now owns 280,443 shares of the company's stock valued at $10,228,000 after purchasing an additional 153,766 shares during the last quarter. Finally, EP Wealth Advisors LLC acquired a new stake in Vontier during the 4th quarter valued at $217,000. Institutional investors own 95.83% of the company's stock.

Insider Activity at Vontier

In other Vontier 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 owns 88,248 shares of the company's stock, valued at $3,206,932.32. The trade was a 7.68% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders own 0.97% of the company's stock.

Analysts Set New Price Targets

VNT has been the topic of several research reports. Citigroup reduced their price target on shares of Vontier from $45.00 to $36.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Barclays boosted their price objective on Vontier from $45.00 to $48.00 and gave the stock an "overweight" rating in a report on Monday, May 5th. Finally, Robert W. Baird raised their target price on shares of Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a research note on Tuesday, February 18th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company's stock. According to MarketBeat.com, Vontier currently has a consensus rating of "Moderate Buy" and an average target price of $43.67.

Vontier Trading Down 0.2%

Shares of NYSE VNT traded down $0.09 during midday trading on Thursday, reaching $36.82. 1,060,962 shares of the stock were exchanged, compared to its average volume of 903,728. Vontier Co. has a 12 month low of $27.22 and a 12 month high of $41.61. The company has a market capitalization of $5.45 billion, a price-to-earnings ratio of 13.39, a P/E/G ratio of 1.23 and a beta of 1.29. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. The business has a 50-day simple moving average of $32.21 and a two-hundred day simple moving average of $35.86.

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 the consensus estimate of $0.71 by $0.06. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The firm had revenue of $741.10 million for the quarter, compared to analyst estimates of $723.06 million. During the same period in the previous year, the company posted $0.74 earnings per share. The company's revenue for the quarter was down 1.9% on a year-over-year basis. As a group, equities research analysts expect that Vontier Co. will post 3.13 EPS for the current year.

Vontier Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 26th. Stockholders of record on Thursday, June 5th will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, June 5th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.27%. Vontier's dividend payout ratio is 4.07%.

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.