Vontier Co. (NYSE:VNT) Stake Boosted by Integrated Investment Consultants LLC

Integrated Investment Consultants LLC boosted its stake in shares of Vontier Co. (NYSE:VNT) by 14.7% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 67,480 shares of the company’s stock after buying an additional 8,657 shares during the period. Integrated Investment Consultants LLC’s holdings in Vontier were worth $2,461,000 at the end of the most recent reporting period.

A number of other hedge funds also recently bought and sold shares of VNT. Park Avenue Securities LLC raised its holdings in shares of Vontier by 8.6% during the fourth quarter. Park Avenue Securities LLC now owns 9,011 shares of the company’s stock valued at $329,000 after acquiring an additional 715 shares during the period. Fifth Third Wealth Advisors LLC purchased a new position in Vontier during the 4th quarter worth approximately $223,000. Oak Thistle LLC acquired a new stake in Vontier during the 4th quarter valued at $838,000. Nordea Investment Management AB lifted its holdings in shares of Vontier by 5.4% in the fourth quarter. Nordea Investment Management AB now owns 179,906 shares of the company’s stock valued at $6,581,000 after purchasing an additional 9,213 shares in the last quarter. Finally, Wilmington Savings Fund Society FSB acquired a new stake in shares of Vontier in the third quarter worth $40,000. 95.83% of the stock is owned by hedge funds and other institutional investors.

Vontier Price Performance

NYSE VNT opened at $37.51 on Friday. The company has a 50 day moving average price of $37.84 and a two-hundred day moving average price of $36.27. Vontier Co. has a 12-month low of $31.22 and a 12-month high of $45.62. The stock has a market capitalization of $5.63 billion, a PE ratio of 14.37, a price-to-earnings-growth ratio of 1.54 and a beta of 1.26. The company has a quick ratio of 1.23, a current ratio of 1.64 and a debt-to-equity ratio of 2.10.

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

Vontier Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st were issued a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date was Thursday, November 21st. Vontier’s dividend payout ratio is 3.83%.

Analyst Upgrades and Downgrades

VNT has been the subject of several research analyst reports. UBS Group began coverage on Vontier in a research note on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price objective for the company. Barclays dropped their target price on Vontier from $46.00 to $45.00 and set an “overweight” rating on the stock in a report on Wednesday, January 8th. Wolfe Research upgraded shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price target for the company in a report on Thursday, December 12th. Finally, Citigroup dropped their price objective on shares of Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $44.63.

About Vontier

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.