Corient Private Wealth LLC Sells 35,695 Shares of Vontier Co. (NYSE:VNT)

Corient Private Wealth LLC cut its stake in Vontier Co. (NYSE:VNT) by 1.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 2,280,769 shares of the company’s stock after selling 35,695 shares during the period. Corient Private Wealth LLC owned 1.52% of Vontier worth $83,180,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also added to or reduced their stakes in the company. Bailard Inc. grew its stake in Vontier by 0.6% in the fourth quarter. Bailard Inc. now owns 61,207 shares of the company’s stock valued at $2,232,000 after acquiring an additional 356 shares during the period. TD Private Client Wealth LLC increased its stake in Vontier by 9.7% during the 3rd quarter. TD Private Client Wealth LLC now owns 4,557 shares of the company’s stock valued at $154,000 after purchasing an additional 404 shares in the last quarter. Global X Japan Co. Ltd. raised its holdings in Vontier by 137.7% during the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock worth $27,000 after buying an additional 431 shares during the last quarter. National Bank of Canada FI lifted its stake in shares of 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 buying an additional 482 shares in the last quarter. Finally, Principal Securities Inc. grew its holdings in shares of Vontier by 12.8% during the fourth quarter. Principal Securities Inc. now owns 4,636 shares of the company’s stock valued at $169,000 after buying an additional 526 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on VNT shares. UBS Group started coverage on shares of Vontier in a report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 target price on the stock. Robert W. Baird increased their price objective on Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 18th. Citigroup cut their target price on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price target for the company in a research report on Thursday, December 12th. Finally, Barclays lifted their price objective on shares of Vontier from $45.00 to $46.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.43.

Vontier Trading Up 3.4 %

NYSE VNT opened at $33.19 on Monday. The stock has a market capitalization of $4.93 billion, a price-to-earnings ratio of 12.07, a PEG ratio of 1.23 and a beta of 1.26. The business’s fifty day moving average is $37.08 and its 200-day moving average is $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. Vontier Co. has a one year low of $31.22 and a one year high of $45.62.

Vontier (NYSE:VNT) last released its earnings results on Thursday, February 13th. The company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The firm 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 predict that Vontier Co. will post 3.13 EPS for the current year.

Vontier Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.025 per share. The ex-dividend date is Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.30%. Vontier’s dividend payout ratio is presently 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.