Vontier Co. (NYSE:VNT) Shares Sold by Seizert Capital Partners LLC

Seizert Capital Partners LLC lessened its position in shares of Vontier Co. (NYSE:VNT) by 0.9% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 122,994 shares of the company’s stock after selling 1,056 shares during the quarter. Seizert Capital Partners LLC owned 0.08% of Vontier worth $4,150,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Envestnet Portfolio Solutions Inc. acquired a new stake in shares of Vontier in the first quarter worth $205,000. Headlands Technologies LLC purchased a new position in shares of Vontier during the 1st quarter valued at about $46,000. US Bancorp DE boosted its stake in shares of Vontier by 15.2% in the first quarter. US Bancorp DE now owns 10,644 shares of the company’s stock worth $483,000 after buying an additional 1,401 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. boosted its stake in shares of Vontier by 366.8% in the first quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 49,759 shares of the company’s stock worth $2,257,000 after buying an additional 39,100 shares during the last quarter. Finally, Edgestream Partners L.P. acquired a new stake in Vontier during the first quarter worth about $810,000. Institutional investors and hedge funds own 95.83% of the company’s stock.

Analyst Upgrades and Downgrades

VNT has been the topic of several recent research reports. Robert W. Baird lowered their price objective on Vontier from $44.00 to $42.00 and set a “neutral” rating on the stock in a research report on Friday, August 2nd. Argus lowered shares of Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, August 20th. Evercore ISI decreased their price objective on shares of Vontier from $45.00 to $40.00 and set an “outperform” rating for the company in a research report on Monday, August 19th. Finally, Barclays raised their target price on Vontier from $44.00 to $46.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $44.50.

Vontier Stock Down 2.2 %

VNT opened at $38.08 on Friday. 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 Co. has a twelve month low of $31.22 and a twelve month high of $45.62. The company has a market cap of $5.72 billion, a PE ratio of 14.59, a price-to-earnings-growth ratio of 1.78 and a beta of 1.25. The company has a 50-day moving average price of $34.93 and a 200 day moving average price of $36.82.

Vontier (NYSE:VNT) last announced its earnings results on Thursday, October 31st. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.04. The business had revenue of $750.00 million during the quarter, compared to analysts’ expectations of $729.23 million. Vontier had a return on equity of 45.48% and a net margin of 13.54%. The business’s revenue was down 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.73 earnings per share. Sell-side analysts expect that Vontier Co. will post 2.89 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be issued a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date of this dividend is Thursday, November 21st. Vontier’s payout ratio is 3.83%.

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.