Charles Schwab Investment Management Inc. Buys 5,355 Shares of Vontier Co. (NYSE:VNT)

Charles Schwab Investment Management Inc. boosted its position in shares of Vontier Co. (NYSE:VNT) by 0.4% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,480,343 shares of the company’s stock after acquiring an additional 5,355 shares during the period. Charles Schwab Investment Management Inc. owned approximately 0.99% of Vontier worth $53,988,000 at the end of the most recent quarter.

Several other large investors also recently modified their holdings of the stock. Global X Japan Co. Ltd. lifted its holdings 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 buying an additional 431 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Vontier in the 3rd quarter valued at about $40,000. Covestor Ltd lifted its position in Vontier by 37.1% during the third 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. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Vontier in the fourth quarter valued at approximately $99,000. Finally, National Bank of Canada FI increased its stake in Vontier by 12.5% in the third quarter. National Bank of Canada FI now owns 4,345 shares of the company’s stock valued at $147,000 after acquiring an additional 482 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

A number of research firms have weighed in on VNT. 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 note on Thursday, December 12th. Barclays boosted 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. UBS Group initiated coverage on shares of Vontier in a research report on Tuesday, December 10th. They set a “buy” rating and a $47.00 target price for the company. Citigroup lowered their target price on shares of Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Finally, Robert W. Baird increased their price target on shares of Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $45.43.

Vontier Price Performance

Vontier stock opened at $32.06 on Friday. The firm’s fifty day moving average is $37.15 and its 200 day moving average is $36.39. The company has a market cap of $4.77 billion, a price-to-earnings ratio of 11.66, 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 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, 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 business had revenue of $776.80 million for the quarter. Sell-side analysts forecast that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a dividend of $0.025 per share. This represents a $0.10 annualized dividend 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 3.64%.

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.