9,015 Shares in Vontier Co. (NYSE:VNT) Acquired by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC acquired a new position in Vontier Co. (NYSE:VNT) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 9,015 shares of the company’s stock, valued at approximately $329,000.

A number of other large investors have also added to or reduced their stakes in the company. Royce & Associates LP increased its stake in Vontier by 10.2% in the 4th quarter. Royce & Associates LP now owns 1,347,259 shares of the company’s stock worth $49,135,000 after acquiring an additional 124,426 shares during the last quarter. Envestnet Portfolio Solutions Inc. bought a new stake in Vontier in the 4th quarter worth approximately $225,000. Great Lakes Advisors LLC bought a new stake in Vontier in the 4th quarter worth approximately $217,000. Farther Finance Advisors LLC increased its stake in Vontier by 44.5% in the 4th quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company’s stock worth $83,000 after acquiring an additional 700 shares during the last quarter. Finally, Sequoia Financial Advisors LLC increased its stake in Vontier by 14.4% in the 4th quarter. Sequoia Financial Advisors LLC now owns 78,201 shares of the company’s stock worth $2,852,000 after acquiring an additional 9,833 shares during the last quarter. Institutional investors own 95.83% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Citigroup reduced their price objective on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price on the stock in a research report on Thursday, December 12th. Robert W. Baird boosted their target price on Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research report on Tuesday, February 18th. Barclays boosted their target price on Vontier from $45.00 to $46.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Finally, UBS Group began coverage on Vontier in a research report on Tuesday, December 10th. They set a “buy” rating and a $47.00 target price on the stock. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Vontier currently has an average rating of “Moderate Buy” and an average price target of $45.43.

Vontier Stock Performance

Shares of Vontier stock opened at $33.47 on Tuesday. The stock’s fifty day moving average is $37.01 and its two-hundred day moving average is $36.39. The company has a market capitalization of $4.98 billion, a PE ratio of 12.17, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97. Vontier Co. has a 52 week low of $31.22 and a 52 week high of $45.62.

Vontier (NYSE:VNT) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.79 by $0.01. The company had revenue of $776.80 million for the quarter. Vontier had a return on equity of 43.22% and a net margin of 14.17%. As a group, analysts expect that Vontier Co. will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.30%. The ex-dividend date of this dividend is Thursday, March 6th. Vontier’s dividend payout ratio (DPR) is presently 3.64%.

Vontier Company 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.