Vontier Co. (NYSE:VNT) Holdings Raised by Los Angeles Capital Management LLC

Los Angeles Capital Management LLC boosted its stake in Vontier Co. (NYSE:VNT) by 0.3% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 324,416 shares of the company’s stock after buying an additional 825 shares during the period. Los Angeles Capital Management LLC owned 0.22% of Vontier worth $11,831,000 at the end of the most recent quarter.

Other large investors have also recently bought and sold shares of the company. Geode Capital Management LLC boosted its holdings in shares of Vontier by 0.7% in the third quarter. Geode Capital Management LLC now owns 2,571,207 shares of the company’s stock valued at $86,776,000 after acquiring an additional 18,091 shares in the last quarter. River Road Asset Management LLC lifted its position 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 worth $79,510,000 after purchasing an additional 415,750 shares during the period. Bank of New York Mellon Corp boosted its stake in Vontier by 2.1% during the 4th 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 in the last quarter. Charles Schwab Investment Management Inc. increased its position in shares of Vontier by 3.0% during the 3rd 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 period. Finally, Truist Financial Corp raised its stake in shares of Vontier by 5.4% in the 4th quarter. Truist Financial Corp now owns 1,415,317 shares of the company’s stock worth $51,617,000 after buying an additional 72,787 shares in the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on VNT. Robert W. Baird raised their target price on Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research note on Tuesday, February 18th. Wolfe Research upgraded shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective for the company in a research report on Thursday, December 12th. Citigroup lowered their price objective 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. UBS Group started coverage on shares of Vontier in a research note on Tuesday, December 10th. They set a “buy” rating and a $47.00 target price for the company. Finally, Barclays lifted their price target 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 issued a buy rating to the company. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $45.43.

Vontier Stock Performance

Shares of VNT opened at $37.84 on Thursday. Vontier Co. has a one year low of $31.22 and a one year high of $45.62. The company has a 50-day moving average of $37.66 and a two-hundred day moving average of $36.40. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. The stock has a market cap of $5.63 billion, a price-to-earnings ratio of 13.76, a PEG ratio of 1.23 and a beta of 1.26.

Vontier (NYSE:VNT) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.80 EPS for the quarter, topping 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 firm had revenue of $776.80 million during the quarter. On average, equities research analysts expect that Vontier Co. will post 3.13 earnings per share for the current year.

Vontier Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 0.26%. The ex-dividend date is Thursday, March 6th. Vontier’s payout ratio is 3.64%.

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.