Jones Financial Companies Lllp Buys 652 Shares of Vontier Co. (NYSE:VNT)

Jones Financial Companies Lllp increased its stake in shares of Vontier Co. (NYSE:VNT) by 12.2% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 5,987 shares of the company’s stock after purchasing an additional 652 shares during the quarter. Jones Financial Companies Lllp’s holdings in Vontier were worth $218,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Geode Capital Management LLC grew its stake in shares of Vontier by 0.7% during the third quarter. Geode Capital Management LLC now owns 2,571,207 shares of the company’s stock valued at $86,776,000 after purchasing an additional 18,091 shares during the last quarter. Bank of New York Mellon Corp grew its stake in shares of Vontier by 2.1% during the fourth quarter. Bank of New York Mellon Corp now owns 1,506,595 shares of the company’s stock valued at $54,946,000 after purchasing an additional 30,362 shares during the last quarter. Charles Schwab Investment Management Inc. grew its stake in shares of Vontier by 3.0% during the third quarter. Charles Schwab Investment Management Inc. now owns 1,474,988 shares of the company’s stock valued at $49,766,000 after purchasing an additional 42,357 shares during the last quarter. Truist Financial Corp grew its stake in shares of Vontier by 5.4% during the fourth quarter. Truist Financial Corp now owns 1,415,317 shares of the company’s stock valued at $51,617,000 after purchasing an additional 72,787 shares during the last quarter. Finally, Janus Henderson Group PLC lifted its holdings in Vontier by 11.2% in the third quarter. Janus Henderson Group PLC now owns 1,311,344 shares of the company’s stock valued at $44,246,000 after buying an additional 132,312 shares during the period. 95.83% of the stock is owned by institutional investors.

Vontier Stock Performance

Shares of VNT opened at $32.06 on Friday. The firm has a 50-day moving average of $37.15 and a 200-day moving average of $36.39. Vontier Co. has a one year low of $31.22 and a one year high of $45.62. The company has a market cap of $4.77 billion, a PE ratio of 11.66, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14.

Vontier (NYSE:VNT) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. Vontier had a net margin of 14.17% and a return on equity of 43.22%. The company had revenue of $776.80 million during the quarter. As a group, equities analysts forecast that Vontier Co. will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.31%. The ex-dividend date of this dividend is Thursday, March 6th. Vontier’s dividend payout ratio (DPR) is presently 3.64%.

Analyst Ratings Changes

VNT has been the topic of a number of research analyst reports. Robert W. Baird raised their price objective on shares of Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a 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 for the company in a research report on Thursday, December 12th. Barclays raised their target price on shares of Vontier from $45.00 to $46.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Citigroup decreased their target price on shares of Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Finally, UBS Group started coverage on shares of Vontier in a research report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 target price for the company. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.43.

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.