Artisan Partners Limited Partnership Has $81.38 Million Stake in Vontier Co. (NYSE:VNT)

Artisan Partners Limited Partnership boosted its holdings in Vontier Co. (NYSE:VNT) by 0.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 2,231,286 shares of the company’s stock after buying an additional 1,164 shares during the period. Artisan Partners Limited Partnership owned approximately 1.49% of Vontier worth $81,375,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of VNT. Quest Partners LLC lifted its stake in shares of Vontier by 475.4% in the 3rd quarter. Quest Partners LLC now owns 4,505 shares of the company’s stock valued at $152,000 after purchasing an additional 3,722 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Vontier by 3.0% in the third quarter. Charles Schwab Investment Management Inc. now owns 1,474,988 shares of the company’s stock valued at $49,766,000 after buying an additional 42,357 shares during the period. Cerity Partners LLC boosted its holdings in Vontier by 223.0% during the third quarter. Cerity Partners LLC now owns 103,041 shares of the company’s stock worth $3,477,000 after buying an additional 71,137 shares during the last quarter. Dynamic Technology Lab Private Ltd acquired a new position in shares of Vontier during the 3rd quarter worth about $341,000. Finally, Quantbot Technologies LP increased its stake in shares of Vontier by 1,071.7% in the 3rd quarter. Quantbot Technologies LP now owns 39,804 shares of the company’s stock valued at $1,343,000 after acquiring an additional 36,407 shares during the last quarter. 95.83% of the stock is owned by institutional investors.

Vontier Trading Down 1.9 %

VNT opened at $33.54 on Friday. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97. The stock has a market capitalization of $4.99 billion, a P/E ratio of 12.19, a P/E/G ratio of 1.23 and a beta of 1.26. The firm’s fifty day simple moving average is $36.63 and its 200 day simple moving average is $36.36. Vontier Co. has a 12 month low of $31.22 and a 12 month high of $45.62.

Vontier (NYSE:VNT) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The firm had revenue of $776.80 million during the quarter. As a group, research analysts anticipate that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were paid a $0.025 dividend. The ex-dividend date was Thursday, March 6th. This represents a $0.10 annualized dividend and a yield of 0.30%. Vontier’s payout ratio is currently 3.64%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Robert W. Baird boosted their price objective on shares of Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a report on Tuesday, February 18th. Barclays decreased their price target on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a report on Wednesday. UBS Group assumed coverage on shares of Vontier in a research report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price objective for the company. Citigroup reduced their target price on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Finally, Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price target for the company in a report on Thursday, December 12th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $44.50.

About Vontier

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.