Vontier Co. (NYSE:VNT) Shares Sold by Blue Trust Inc.

Blue Trust Inc. cut its position in shares of Vontier Co. (NYSE:VNT) by 7.4% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 3,863 shares of the company’s stock after selling 308 shares during the quarter. Blue Trust Inc.’s holdings in Vontier were worth $141,000 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. River Road Asset Management LLC increased its position in Vontier by 21.4% during the third quarter. River Road Asset Management LLC now owns 2,356,558 shares of the company’s stock worth $79,510,000 after buying an additional 415,750 shares in the last quarter. Allspring Global Investments Holdings LLC increased its position in Vontier by 2,814.5% during the fourth quarter. Allspring Global Investments Holdings LLC now owns 281,836 shares of the company’s stock worth $10,164,000 after buying an additional 272,166 shares in the last quarter. Retirement Systems of Alabama increased its position in Vontier by 42.1% during the fourth quarter. Retirement Systems of Alabama now owns 705,740 shares of the company’s stock worth $25,738,000 after buying an additional 209,227 shares in the last quarter. Jane Street Group LLC increased its position in Vontier by 398.4% during the third quarter. Jane Street Group LLC now owns 191,285 shares of the company’s stock worth $6,454,000 after buying an additional 152,904 shares in the last quarter. Finally, Verition Fund Management LLC increased its position in Vontier by 1,414.9% during the third quarter. Verition Fund Management LLC now owns 159,865 shares of the company’s stock worth $5,394,000 after buying an additional 149,312 shares in the last quarter. 95.83% of the stock is owned by institutional investors and hedge funds.

Vontier Stock Down 4.2 %

Shares of VNT stock opened at $38.62 on Friday. Vontier Co. has a 1 year low of $31.22 and a 1 year high of $45.62. The stock has a market cap of $5.74 billion, a PE ratio of 14.04, a price-to-earnings-growth ratio of 1.28 and a beta of 1.26. The business’s fifty day moving average is $37.71 and its 200-day moving average is $36.24. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51.

Vontier (NYSE:VNT) last released its quarterly earnings data on Thursday, February 13th. The company reported $0.80 earnings per share for the quarter, topping the consensus estimate 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 analysts expect that Vontier Co. will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

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

Analyst Ratings Changes

Several equities analysts have weighed in on the company. Barclays raised their price target on Vontier from $45.00 to $46.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective for the company in a research report on Thursday, December 12th. Citigroup lowered their price objective on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, January 13th. UBS Group initiated coverage on Vontier in a research report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price objective for the company. Finally, Robert W. Baird lifted their price objective on Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research report on Tuesday. 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.com, Vontier presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.43.

About Vontier

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.