Vontier Co. (NYSE:VNT) Shares Acquired by International Assets Investment Management LLC

International Assets Investment Management LLC lifted its stake in shares of Vontier Co. (NYSE:VNT) by 2,976.5% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 1,046 shares of the company’s stock after buying an additional 1,012 shares during the quarter. International Assets Investment Management LLC’s holdings in Vontier were worth $35,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Vontier during the second quarter valued at about $44,000. Headlands Technologies LLC acquired a new stake in Vontier during the 1st quarter valued at approximately $46,000. Fifth Third Bancorp increased its holdings in Vontier by 32.0% during the 2nd quarter. Fifth Third Bancorp now owns 3,245 shares of the company’s stock worth $124,000 after purchasing an additional 786 shares during the last quarter. Blue Trust Inc. raised its position in shares of Vontier by 10.9% in the 3rd quarter. Blue Trust Inc. now owns 4,171 shares of the company’s stock valued at $141,000 after purchasing an additional 410 shares in the last quarter. Finally, Cullen Frost Bankers Inc. boosted its stake in shares of Vontier by 2,206.7% during the 2nd quarter. Cullen Frost Bankers Inc. now owns 4,152 shares of the company’s stock valued at $159,000 after buying an additional 3,972 shares during the last quarter. 95.83% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of brokerages have recently issued reports on VNT. Barclays upped 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. Evercore ISI reduced their target price on Vontier from $45.00 to $40.00 and set an “outperform” rating on the stock in a report on Monday, August 19th. Robert W. Baird lowered their price target on Vontier from $44.00 to $42.00 and set a “neutral” rating for the company in a report on Friday, August 2nd. Finally, Argus cut Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, August 20th. Three equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $44.50.

Vontier Trading Down 1.0 %

Shares of NYSE:VNT opened at $40.05 on Friday. Vontier Co. has a twelve month low of $31.22 and a twelve month high of $45.62. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 2.10. The firm has a market cap of $6.02 billion, a P/E ratio of 15.54, a P/E/G ratio of 1.87 and a beta of 1.25. The company has a 50 day moving average of $34.27 and a 200-day moving average of $36.91.

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

Vontier Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be given a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date of this dividend is Thursday, November 21st. Vontier’s dividend payout ratio (DPR) is presently 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.