Vontier Co. (NYSE:VNT) Shares Acquired by Advisory Services Network LLC

Advisory Services Network LLC boosted its stake in Vontier Co. (NYSE:VNT) by 2.8% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 16,184 shares of the company’s stock after buying an additional 439 shares during the period. Advisory Services Network LLC’s holdings in Vontier were worth $590,000 as of its most recent SEC filing.

A number of other hedge funds also recently added to or reduced their stakes in VNT. Global X Japan Co. Ltd. increased its holdings in shares of Vontier by 137.7% in the 4th 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 bought a new position in Vontier in the 3rd quarter worth about $40,000. Farther Finance Advisors LLC increased its stake in shares of Vontier by 44.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company’s stock valued at $83,000 after purchasing an additional 700 shares during the period. Wealthfront Advisers LLC bought a new stake in shares of Vontier during the fourth quarter valued at approximately $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Vontier in the 4th quarter worth approximately $99,000. 95.83% of the stock is currently owned by institutional investors.

Vontier Stock Down 0.1 %

VNT stock opened at $30.23 on Wednesday. The firm has a market cap of $4.50 billion, a PE ratio of 10.99, 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 debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. The firm has a 50 day simple moving average of $34.30 and a 200 day simple moving average of $36.10.

Vontier (NYSE:VNT) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.80 earnings per share for the quarter, topping 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 firm had revenue of $776.80 million for the quarter. Equities research analysts forecast that Vontier Co. will post 3.13 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a $0.025 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.10 annualized dividend and a dividend yield of 0.33%. Vontier’s dividend payout ratio (DPR) is presently 3.64%.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the company. Robert W. Baird boosted their price target on Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 18th. Citigroup decreased their target price on shares of Vontier from $45.00 to $36.00 and set a “buy” rating for the company in a research report on Monday. Finally, Barclays dropped their price target on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating on the stock in a research report on Wednesday, March 26th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat.com, the company presently has an average 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.