Landscape Capital Management L.L.C. Invests $344,000 in Vontier Co. (NYSE:VNT)

Landscape Capital Management L.L.C. purchased a new position in shares of Vontier Co. (NYSE:VNT) during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 10,210 shares of the company’s stock, valued at approximately $344,000.

Other large investors also recently modified their holdings of the company. Massachusetts Financial Services Co. MA boosted its stake in shares of Vontier by 305.1% in the 2nd quarter. Massachusetts Financial Services Co. MA now owns 902,432 shares of the company’s stock valued at $34,473,000 after purchasing an additional 679,651 shares during the last quarter. Stanley Capital Management LLC bought a new stake in Vontier in the second quarter valued at about $17,954,000. River Road Asset Management LLC lifted its stake in Vontier by 21.4% in the third quarter. River Road Asset Management LLC now owns 2,356,558 shares of the company’s stock valued at $79,510,000 after buying an additional 415,750 shares during the period. Eldred Rock Partners LLC bought a new position in Vontier during the second quarter worth about $14,613,000. Finally, Price T Rowe Associates Inc. MD grew its position in shares of Vontier by 24.1% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,695,280 shares of the company’s stock worth $76,898,000 after buying an additional 329,191 shares during the period. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Vontier Stock Performance

Shares of VNT opened at $38.84 on Monday. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 2.10. Vontier Co. has a 12 month low of $31.22 and a 12 month high of $45.62. The firm has a fifty day simple moving average of $35.48 and a 200 day simple moving average of $36.71. The stock has a market capitalization of $5.83 billion, a price-to-earnings ratio of 14.88, a PEG ratio of 1.82 and a beta of 1.25.

Vontier (NYSE:VNT) last released its earnings results on Thursday, October 31st. The company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.04. Vontier had a return on equity of 45.48% and a net margin of 13.54%. The business had revenue of $750.00 million for the quarter, compared to the consensus estimate of $729.23 million. During the same quarter in the previous year, the business earned $0.73 earnings per share. Vontier’s quarterly revenue was down 2.0% on a year-over-year basis. Research analysts forecast that Vontier Co. will post 2.89 EPS for the current fiscal year.

Vontier Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be paid a $0.025 dividend. The ex-dividend date is Thursday, November 21st. This represents a $0.10 annualized dividend and a dividend yield of 0.26%. Vontier’s dividend payout ratio is presently 3.83%.

Wall Street Analyst Weigh In

VNT has been the subject of a number of recent analyst reports. Barclays upped their price objective on shares of Vontier from $44.00 to $46.00 and gave the company an “overweight” rating in a research report on Tuesday, November 5th. Robert W. Baird dropped their price target on Vontier from $44.00 to $42.00 and set a “neutral” rating on the stock in a research report on Friday, August 2nd. Argus cut Vontier from a “buy” rating to a “hold” rating in a report on Tuesday, August 20th. Finally, Evercore ISI lowered their target price on Vontier from $45.00 to $40.00 and set an “outperform” rating for the company in a research note on Monday, August 19th. Three investment 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 stock presently has an average rating of “Moderate Buy” and a consensus target price 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.