Rhumbline Advisers Purchases 3,754 Shares of Vontier Co. (NYSE:VNT)

Rhumbline Advisers boosted its position in Vontier Co. (NYSE:VNT) by 0.9% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 410,684 shares of the company’s stock after acquiring an additional 3,754 shares during the period. Rhumbline Advisers owned 0.27% of Vontier worth $14,978,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Covestor Ltd grew its holdings in Vontier by 37.1% in the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company’s stock worth $49,000 after acquiring an additional 395 shares during the last quarter. TD Private Client Wealth LLC grew its holdings in Vontier by 9.7% in the 3rd quarter. TD Private Client Wealth LLC now owns 4,557 shares of the company’s stock worth $154,000 after acquiring an additional 404 shares during the last quarter. Blue Trust Inc. grew its holdings in Vontier by 10.9% in the 3rd quarter. Blue Trust Inc. now owns 4,171 shares of the company’s stock worth $141,000 after acquiring an additional 410 shares during the last quarter. Global X Japan Co. Ltd. grew its holdings in 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. Finally, National Bank of Canada FI grew its holdings in Vontier by 12.5% in the 3rd quarter. National Bank of Canada FI now owns 4,345 shares of the company’s stock worth $147,000 after acquiring an additional 482 shares during the last quarter. Institutional investors own 95.83% of the company’s stock.

Vontier Trading Down 2.2 %

Shares of NYSE VNT opened at $37.76 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 $5.61 billion, a P/E ratio of 13.73, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. The firm has a 50-day moving average of $37.67 and a 200 day moving average of $36.30. 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 issued its quarterly earnings results on Thursday, February 13th. The company reported $0.80 earnings per share (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, sell-side analysts expect that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a $0.025 dividend. The ex-dividend date is Thursday, March 6th. This represents a $0.10 annualized dividend and a yield of 0.26%. Vontier’s dividend payout ratio (DPR) is presently 3.64%.

Analyst Ratings Changes

Several research firms have recently commented on VNT. UBS Group began 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. Robert W. Baird raised their target price 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. Citigroup dropped 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. 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. Finally, Barclays raised their target price on shares of Vontier from $45.00 to $46.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Two equities 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 currently has a consensus rating of “Moderate Buy” and a consensus target price of $45.43.

Vontier 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.