KPP Advisory Services LLC increased its position in shares of Vontier Co. (NYSE:VNT – Free Report) by 6.4% in the 3rd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 16,328 shares of the company’s stock after purchasing an additional 983 shares during the quarter. KPP Advisory Services LLC’s holdings in Vontier were worth $551,000 as of its most recent filing with the SEC.
A number of other institutional investors also recently bought and sold shares of VNT. Dimensional Fund Advisors LP boosted its position in shares of Vontier by 12.1% in the 2nd quarter. Dimensional Fund Advisors LP now owns 2,565,767 shares of the company’s stock worth $98,011,000 after buying an additional 277,389 shares in the last quarter. Mackenzie Financial Corp lifted its holdings in shares of Vontier by 9.8% in the second quarter. Mackenzie Financial Corp now owns 2,541,319 shares of the company’s stock valued at $97,078,000 after purchasing an additional 227,388 shares in the last quarter. River Road Asset Management LLC grew its position in shares of Vontier by 21.4% in the third quarter. River Road Asset Management LLC now owns 2,356,558 shares of the company’s stock valued at $79,510,000 after purchasing an additional 415,750 shares during the last quarter. Thompson Siegel & Walmsley LLC increased its stake in shares of Vontier by 2.3% during the 2nd 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 raised its position in shares of Vontier by 3.7% during the 2nd 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 during the last quarter. 95.83% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
Several equities analysts have weighed in on VNT shares. Evercore ISI dropped their price target on Vontier from $45.00 to $40.00 and set an “outperform” rating for the company in a research report on Monday, August 19th. Barclays boosted their target price 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. Argus lowered shares of Vontier from a “buy” rating to a “hold” rating in a report on Tuesday, August 20th. Finally, Robert W. Baird lowered their price target on shares of Vontier from $44.00 to $42.00 and set a “neutral” rating for the company in a report on Friday, August 2nd. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $44.50.
Vontier Trading Down 2.2 %
NYSE VNT opened at $38.08 on Friday. The company has a market cap of $5.72 billion, a P/E ratio of 14.59, a P/E/G ratio of 1.78 and a beta of 1.25. Vontier Co. has a 12 month low of $31.22 and a 12 month high of $45.62. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.64 and a quick ratio of 1.23. The company has a 50-day moving average of $34.93 and a 200-day moving average of $36.82.
Vontier (NYSE:VNT – Get Free Report) last issued its quarterly earnings results on Thursday, October 31st. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.69 by $0.04. The firm 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 revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.73 earnings per share. As a group, equities analysts predict that Vontier Co. will post 2.89 earnings per share for the current year.
Vontier Dividend Announcement
The firm 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 $0.025 dividend. 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 payout ratio is 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.
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