197,631 Shares in Vontier Co. (NYSE:VNT) Acquired by Schroder Investment Management Group

Schroder Investment Management Group bought a new stake in Vontier Co. (NYSE:VNT) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 197,631 shares of the company’s stock, valued at approximately $7,158,000. Schroder Investment Management Group owned approximately 0.13% of Vontier as of its most recent SEC filing.

Several other institutional investors and hedge funds have also bought and sold shares of VNT. Allspring Global Investments Holdings LLC boosted its position in shares of Vontier by 2,814.5% in the 4th quarter. Allspring Global Investments Holdings LLC now owns 281,836 shares of the company’s stock worth $10,164,000 after purchasing an additional 272,166 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in shares of Vontier during the fourth quarter worth about $508,000. Integrated Investment Consultants LLC increased its holdings in shares of Vontier by 14.7% during the fourth quarter. Integrated Investment Consultants LLC now owns 67,480 shares of the company’s stock valued at $2,461,000 after acquiring an additional 8,657 shares in the last quarter. Wolverine Asset Management LLC purchased a new position in shares of Vontier in the 4th quarter valued at approximately $2,918,000. Finally, Oppenheimer Asset Management Inc. boosted its stake in Vontier by 48.1% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 24,342 shares of the company’s stock worth $888,000 after purchasing an additional 7,909 shares in the last quarter. 95.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research firms have issued reports on VNT. 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, March 26th. Citigroup reduced their target price on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Robert W. Baird increased their price objective on Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a report on Tuesday, February 18th. Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price for the company in a report on Thursday, December 12th. Finally, UBS Group initiated coverage on shares of Vontier in a report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price target on the stock. Two research 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 company currently has an average rating of “Moderate Buy” and an average price target of $44.50.

Vontier Stock Down 4.9 %

Shares of VNT stock opened at $28.89 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. Vontier Co. has a twelve month low of $27.78 and a twelve month high of $43.42. The stock has a 50 day moving average of $35.86 and a 200 day moving average of $36.34. The stock has a market cap of $4.30 billion, a P/E ratio of 10.51, a P/E/G ratio of 1.23 and a beta of 1.28.

Vontier (NYSE:VNT) last posted its earnings results on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate 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%. As a group, sell-side analysts expect that Vontier Co. will post 3.13 EPS for the current year.

Vontier Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were paid a $0.025 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.10 annualized dividend and a dividend yield of 0.35%. Vontier’s dividend payout ratio is presently 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.