Vontier Co. (NYSE:VNT) Shares Acquired by Bessemer Group Inc.

Bessemer Group Inc. increased its holdings in shares of Vontier Co. (NYSE:VNT - Free Report) by 3.4% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 630,568 shares of the company's stock after acquiring an additional 20,604 shares during the period. Bessemer Group Inc. owned about 0.42% of Vontier worth $22,996,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in VNT. Global X Japan Co. Ltd. grew its holdings in Vontier by 137.7% during the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock worth $27,000 after acquiring an additional 431 shares during the period. Wilmington Savings Fund Society FSB acquired a new stake in shares of Vontier during the third quarter worth about $40,000. Farther Finance Advisors LLC increased its stake in shares of Vontier by 44.5% during the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company's stock worth $83,000 after buying an additional 700 shares during the period. Wealthfront Advisers LLC purchased a new stake in shares of Vontier during the 4th quarter worth approximately $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new position in Vontier in the fourth quarter valued at $99,000. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Vontier Stock Performance

Shares of Vontier stock traded down $0.22 during mid-day trading on Wednesday, hitting $30.01. 97,662 shares of the stock were exchanged, compared to its average volume of 969,216. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51. The company has a market capitalization of $4.46 billion, a P/E ratio of 10.91, a P/E/G ratio of 1.23 and a beta of 1.28. Vontier Co. has a 12 month low of $27.22 and a 12 month high of $41.73. The company has a 50-day simple moving average of $34.30 and a 200 day simple moving average of $36.10.

Vontier (NYSE:VNT - Get Free Report) last announced its quarterly earnings results on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.79 by $0.01. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The company had revenue of $776.80 million for the quarter. Sell-side analysts anticipate that Vontier Co. will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were paid a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.33%. The ex-dividend date was Thursday, March 6th. Vontier's dividend payout ratio is currently 3.64%.

Analyst Upgrades and Downgrades

A number of research analysts have recently weighed in on VNT shares. Citigroup dropped their price target on Vontier from $45.00 to $36.00 and set a "buy" rating for the company in a research report on Monday. Barclays decreased their target price on shares of Vontier from $46.00 to $45.00 and set an "overweight" rating for the company in a report on Wednesday, March 26th. Finally, Robert W. Baird boosted their target price on shares of Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of $43.17.

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.