Kesler Norman & Wride LLC Invests $269,000 in Vontier Co. (NYSE:VNT)

Kesler Norman & Wride LLC purchased a new position in Vontier Co. (NYSE:VNT) in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund purchased 7,373 shares of the company’s stock, valued at approximately $269,000.

Other large investors have also recently modified their holdings of the company. Global X Japan Co. Ltd. lifted its position in Vontier by 137.7% in the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock valued at $27,000 after acquiring an additional 431 shares in the last quarter. Wilmington Savings Fund Society FSB purchased a new stake in shares of Vontier during the third quarter valued at $40,000. Farther Finance Advisors LLC increased its holdings in Vontier by 44.5% in the 4th quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company’s stock worth $83,000 after buying an additional 700 shares in the last quarter. Wealthfront Advisers LLC bought a new stake in Vontier in the 4th quarter worth about $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in Vontier in the 4th quarter worth about $99,000. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have recently commented on the stock. Citigroup reduced their price target on shares of Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Wolfe Research raised shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price for the company in a research report on Thursday, December 12th. Barclays decreased their target price on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a research note on Wednesday, March 26th. Robert W. Baird raised their price target on Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 18th. Finally, UBS Group started coverage on Vontier in a research report on Tuesday, December 10th. They set a “buy” rating and a $47.00 price objective for the company. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $44.50.

Vontier Trading Up 2.3 %

NYSE:VNT opened at $33.67 on Thursday. Vontier Co. has a one year low of $31.22 and a one year high of $45.34. The business has a fifty day moving average price of $36.22 and a 200-day moving average price of $36.41. The firm has a market capitalization of $5.01 billion, a price-to-earnings ratio of 12.24, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. 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 (NYSE:VNT) last issued its quarterly earnings results 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 return on equity of 43.22% and a net margin of 14.17%. The business had revenue of $776.80 million during the quarter. Sell-side analysts forecast that Vontier Co. will post 3.13 EPS for the current year.

Vontier Dividend Announcement

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

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.