Transcend Capital Advisors LLC Makes New $222,000 Investment in Vontier Co. (NYSE:VNT)

Transcend Capital Advisors LLC acquired a new position in Vontier Co. (NYSE:VNT) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 6,100 shares of the company’s stock, valued at approximately $222,000.

Several other large investors have also recently bought and sold shares of the business. Wolverine Asset Management LLC purchased a new position in Vontier in the fourth quarter worth $2,918,000. Handelsbanken Fonder AB raised its position in Vontier by 12.6% in the fourth quarter. Handelsbanken Fonder AB now owns 43,900 shares of the company’s stock worth $1,601,000 after acquiring an additional 4,900 shares in the last quarter. Schubert & Co purchased a new position in Vontier in the fourth quarter worth $250,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in Vontier in the fourth quarter worth $99,000. Finally, Venturi Wealth Management LLC raised its position in Vontier by 1,762.4% in the fourth quarter. Venturi Wealth Management LLC now owns 4,265 shares of the company’s stock worth $156,000 after acquiring an additional 4,036 shares in the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Vontier Stock Down 2.2 %

VNT opened at $37.76 on Monday. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97. The firm has a market cap of $5.61 billion, a P/E ratio of 13.73, a PEG ratio of 1.23 and a beta of 1.26. Vontier Co. has a 52 week low of $31.22 and a 52 week high of $45.62. The business’s fifty day simple moving average is $37.67 and its 200 day simple moving average is $36.32.

Vontier (NYSE:VNT) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The business 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, equities research analysts anticipate that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend is Thursday, March 6th. Vontier’s payout ratio is 3.64%.

Wall Street Analyst Weigh In

Several analysts have weighed in on the company. 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 report on Thursday, December 12th. UBS Group assumed coverage on Vontier in a report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 target price on the stock. Citigroup lowered their target price on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Barclays upped their target price on Vontier from $45.00 to $46.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Finally, Robert W. Baird upped their target price on Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $45.43.

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.