6,158 Shares in Vontier Co. (NYSE:VNT) Bought by Envestnet Portfolio Solutions Inc.

Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Vontier Co. (NYSE:VNT) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 6,158 shares of the company’s stock, valued at approximately $225,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the stock. Global X Japan Co. Ltd. grew its position in Vontier by 137.7% during 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 position in shares of Vontier in the third quarter worth $40,000. Farther Finance Advisors LLC raised its holdings in Vontier by 44.5% during the 4th quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company’s stock valued at $83,000 after buying an additional 700 shares during the last quarter. Wealthfront Advisers LLC purchased a new stake in Vontier during the 4th quarter valued at $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in Vontier in the 4th quarter worth $99,000. 95.83% of the stock is owned by institutional investors.

Vontier Stock Performance

Shares of VNT opened at $32.77 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97. The stock has a market cap of $4.87 billion, a P/E ratio of 11.92, a P/E/G ratio of 1.23 and a beta of 1.26. The business’s 50 day moving average price is $36.53 and its 200-day moving average price is $36.37. Vontier Co. has a 52 week low of $31.22 and a 52 week high of $45.62.

Vontier (NYSE:VNT) last posted its earnings results on Thursday, February 13th. The company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The business had revenue of $776.80 million during the quarter. Vontier had a net margin of 14.17% and a return on equity of 43.22%. Equities research analysts anticipate that Vontier Co. will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were issued a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 0.31%. The ex-dividend date of this dividend was Thursday, March 6th. Vontier’s dividend payout ratio is presently 3.64%.

Analyst Ratings Changes

VNT has been the topic of a number of research analyst reports. Citigroup reduced their price target on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Barclays reduced their price objective on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating on the stock in a research report on Wednesday. Robert W. Baird boosted their price target on shares of Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research report on Tuesday, February 18th. UBS Group initiated coverage on shares of Vontier in a report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price objective for the company. Finally, Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective on the stock in a research report on Thursday, December 12th. Two 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 a consensus rating of “Moderate Buy” and a consensus price target of $44.50.

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.