US Bancorp DE boosted its holdings in shares of Vontier Co. (NYSE:VNT – Free Report) by 21.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 18,019 shares of the company’s stock after buying an additional 3,216 shares during the period. US Bancorp DE’s holdings in Vontier were worth $657,000 as of its most recent SEC filing.
Other large investors have also recently made changes to their positions in the company. Global X Japan Co. Ltd. raised its holdings in shares of Vontier by 137.7% in the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock worth $27,000 after acquiring an additional 431 shares during the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Vontier in the third quarter worth approximately $40,000. Covestor Ltd lifted its holdings in shares of Vontier by 37.1% in the third quarter. Covestor Ltd now owns 1,461 shares of the company’s stock valued at $49,000 after purchasing an additional 395 shares in the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of Vontier during the fourth quarter valued at approximately $99,000. Finally, Venturi Wealth Management LLC boosted its position in shares of Vontier by 1,762.4% during the fourth quarter. Venturi Wealth Management LLC now owns 4,265 shares of the company’s stock valued at $156,000 after buying an additional 4,036 shares during the last quarter. 95.83% of the stock is owned by institutional investors.
Vontier Stock Down 0.0 %
VNT opened at $32.60 on Wednesday. Vontier Co. has a twelve month low of $31.22 and a twelve month high of $45.62. The company’s 50-day moving average price is $37.30 and its two-hundred day moving average price is $36.45. The stock has a market cap of $4.85 billion, a price-to-earnings ratio of 11.85, a PEG ratio of 1.23 and a beta of 1.26. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97.
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 paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.31%. The ex-dividend date is Thursday, March 6th. Vontier’s dividend payout ratio is currently 3.64%.
Analyst Ratings Changes
Several equities analysts have weighed in on the company. UBS Group initiated coverage on Vontier in a research note on Tuesday, December 10th. They set a “buy” rating and a $47.00 price objective on the stock. Citigroup dropped their price target on shares of Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Robert W. Baird upped their price objective on shares of Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 18th. Wolfe Research raised shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price on the stock in a research report on Thursday, December 12th. Finally, Barclays upped their target price on Vontier from $45.00 to $46.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat.com, Vontier currently has an average rating of “Moderate Buy” and an average price target of $45.43.
Get Our Latest Research Report on Vontier
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.
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