Vontier Co. (NYSE:VNT) Shares Acquired by Teacher Retirement System of Texas

Teacher Retirement System of Texas increased its position in shares of Vontier Co. (NYSE:VNT) by 81.5% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 72,960 shares of the company’s stock after acquiring an additional 32,764 shares during the quarter. Teacher Retirement System of Texas’ holdings in Vontier were worth $2,661,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Global X Japan Co. Ltd. lifted its stake in shares of Vontier by 137.7% during the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock worth $27,000 after purchasing an additional 431 shares during the period. Wilmington Savings Fund Society FSB acquired a new position in Vontier in the third quarter valued at $40,000. Farther Finance Advisors LLC boosted 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 buying an additional 700 shares during the last quarter. Wealthfront Advisers LLC acquired a new stake in Vontier in the 4th quarter worth about $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in Vontier in the 4th quarter valued at about $99,000. 95.83% of the stock is owned by hedge funds and other institutional investors.

Vontier Stock Down 0.8 %

Shares of Vontier stock opened at $34.28 on Wednesday. The company has a fifty day moving average price of $36.75 and a 200 day moving average price of $36.40. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97. Vontier Co. has a twelve month low of $31.22 and a twelve month high of $45.62. The stock has a market cap of $5.10 billion, a price-to-earnings ratio of 12.47, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26.

Vontier (NYSE:VNT) last posted its earnings results on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The business had revenue of $776.80 million during the quarter. Vontier had a return on equity of 43.22% and a net margin of 14.17%. Equities research analysts forecast that Vontier Co. will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be paid a $0.025 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.10 annualized dividend and a dividend yield of 0.29%. Vontier’s dividend payout ratio (DPR) is presently 3.64%.

Analyst Upgrades and Downgrades

VNT has been the topic of several recent analyst reports. UBS Group began coverage on shares of Vontier in a report on Tuesday, December 10th. They set a “buy” rating and a $47.00 price objective on the stock. Robert W. Baird lifted their price target on shares of Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a report on Tuesday, February 18th. Citigroup dropped their price objective on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a report on Monday, January 13th. Wolfe Research upgraded 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. Finally, Barclays upped their price target on Vontier from $45.00 to $46.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Two 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, the company currently has an average rating of “Moderate Buy” and a consensus price target of $44.67.

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.