Vontier Co. (NYSE:VNT - Get Free Report) SVP Kathryn K. Rowen sold 7,344 shares of the stock in a transaction on Monday, May 12th. The stock was sold at an average price of $36.34, for a total value of $266,880.96. Following the sale, the senior vice president now directly owns 88,248 shares of the company's stock, valued at approximately $3,206,932.32. This represents a 7.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.
Vontier Price Performance
VNT traded up $0.24 on Friday, hitting $37.07. 811,434 shares of the company were exchanged, compared to its average volume of 903,913. Vontier Co. has a fifty-two week low of $27.22 and a fifty-two week high of $41.61. 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 firm has a market capitalization of $5.48 billion, a P/E ratio of 13.48, a price-to-earnings-growth ratio of 1.23 and a beta of 1.29. The business's fifty day moving average is $32.38 and its 200 day moving average is $35.91.
Vontier (NYSE:VNT - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The company reported $0.77 EPS 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 business had revenue of $741.10 million for the quarter, compared to analyst estimates of $723.06 million. During the same quarter in the previous year, the company earned $0.74 EPS. The company's quarterly revenue was down 1.9% on a year-over-year basis. As a group, sell-side analysts anticipate that Vontier Co. will post 3.13 EPS for the current year.
Vontier Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, June 5th will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.27%. The ex-dividend date of this dividend is Thursday, June 5th. Vontier's dividend payout ratio (DPR) is 4.07%.
Analyst Ratings Changes
A number of research analysts have recently issued reports on the stock. Barclays boosted their price target on shares of Vontier from $45.00 to $48.00 and gave the stock an "overweight" rating in a research note on Monday, May 5th. Citigroup cut their target price on Vontier from $45.00 to $36.00 and set a "buy" rating for the company in a research note on Monday, April 14th. Finally, Robert W. Baird lifted their price target on 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 issued a buy rating to the company. According to data from MarketBeat, Vontier presently has a consensus rating of "Moderate Buy" and a consensus price target of $43.67.
Get Our Latest Report on Vontier
Institutional Inflows and Outflows
Several hedge funds and other institutional investors have recently made changes to their positions in VNT. Global X Japan Co. Ltd. increased its holdings in Vontier by 137.7% during the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company's stock valued at $27,000 after acquiring an additional 431 shares in the last quarter. Brooklyn Investment Group grew its position in shares of Vontier by 586.2% in the first quarter. Brooklyn Investment Group now owns 844 shares of the company's stock valued at $28,000 after purchasing an additional 721 shares during the last quarter. Olde Wealth Management LLC purchased a new position in shares of Vontier during the 1st quarter worth approximately $36,000. Summit Securities Group LLC acquired a new position in shares of Vontier during the 1st quarter worth approximately $64,000. Finally, Lazard Asset Management LLC purchased a new stake in Vontier in the 4th quarter valued at approximately $73,000. Institutional investors and hedge funds own 95.83% of the company's stock.
About Vontier
(
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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.
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