Vontier Co. (NYSE:VNT) Shares Acquired by Royce & Associates LP

Royce & Associates LP grew its holdings in Vontier Co. (NYSE:VNT) by 7.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,222,833 shares of the company’s stock after acquiring an additional 81,981 shares during the period. Royce & Associates LP owned about 0.81% of Vontier worth $41,258,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of the business. Dimensional Fund Advisors LP grew its stake in shares of Vontier by 12.1% during the second quarter. Dimensional Fund Advisors LP now owns 2,565,767 shares of the company’s stock worth $98,011,000 after purchasing an additional 277,389 shares in the last quarter. Mackenzie Financial Corp grew its stake in shares of Vontier by 9.8% during the second quarter. Mackenzie Financial Corp now owns 2,541,319 shares of the company’s stock worth $97,078,000 after purchasing an additional 227,388 shares in the last quarter. River Road Asset Management LLC grew its stake in shares of Vontier by 21.4% during the third quarter. River Road Asset Management LLC now owns 2,356,558 shares of the company’s stock worth $79,510,000 after purchasing an additional 415,750 shares in the last quarter. Thompson Siegel & Walmsley LLC grew its stake in shares of Vontier by 2.3% during the second quarter. Thompson Siegel & Walmsley LLC now owns 1,943,778 shares of the company’s stock worth $74,252,000 after purchasing an additional 44,254 shares in the last quarter. Finally, LSV Asset Management grew its stake in shares of Vontier by 3.7% during the second quarter. LSV Asset Management now owns 1,716,847 shares of the company’s stock worth $65,584,000 after purchasing an additional 61,526 shares in the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts recently commented on VNT shares. Evercore ISI lowered their target price on shares of Vontier from $45.00 to $40.00 and set an “outperform” rating for the company in a research note on Monday, August 19th. Argus downgraded shares of Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, August 20th. Barclays upped their price objective on shares of Vontier from $44.00 to $46.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th. Finally, Robert W. Baird decreased their price objective on shares of Vontier from $44.00 to $42.00 and set a “neutral” rating for the company in a research note on Friday, August 2nd. Three equities 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, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.50.

Vontier Price Performance

Shares of NYSE:VNT opened at $38.94 on Friday. The company has a 50-day simple moving average of $34.82 and a 200-day simple moving average of $36.87. Vontier Co. has a one year low of $31.22 and a one year high of $45.62. The company has a debt-to-equity ratio of 2.10, a quick ratio of 1.23 and a current ratio of 1.64. The stock has a market capitalization of $5.85 billion, a price-to-earnings ratio of 14.92, a PEG ratio of 1.83 and a beta of 1.25.

Vontier (NYSE:VNT) last announced its earnings results on Thursday, October 31st. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.04. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The business had revenue of $750.00 million during the quarter, compared to analysts’ expectations of $729.23 million. During the same period in the prior year, the company earned $0.73 earnings per share. The business’s revenue was down 2.0% compared to the same quarter last year. On average, analysts predict that Vontier Co. will post 2.89 EPS for the current year.

Vontier Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be issued a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.10 annualized dividend and a yield of 0.26%. Vontier’s dividend payout ratio is currently 3.83%.

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.