Vontier Co. (NYSE:VNT) Stock Position Lifted 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, Holdings Channel reports. The institutional investor owned 324,416 shares of the company’s stock after acquiring an additional 825 shares during the quarter. Los Angeles Capital Management LLC’s holdings in Vontier were worth $11,831,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the stock. Raymond James & Associates increased its stake in shares of Vontier by 15.7% in the third quarter. Raymond James & Associates now owns 234,891 shares of the company’s stock worth $7,925,000 after acquiring an additional 31,952 shares during the last quarter. International Assets Investment Management LLC increased its position in Vontier by 2,976.5% in the 3rd quarter. International Assets Investment Management LLC now owns 1,046 shares of the company’s stock worth $35,000 after purchasing an additional 1,012 shares during the last quarter. Private Management Group Inc. raised its stake in shares of Vontier by 1.1% during the 3rd quarter. Private Management Group Inc. now owns 502,578 shares of the company’s stock worth $16,957,000 after purchasing an additional 5,571 shares in the last quarter. Van ECK Associates Corp purchased a new stake in shares of Vontier during the 3rd quarter worth about $2,611,000. Finally, Hazlett Burt & Watson Inc. acquired a new stake in shares of Vontier during the 3rd quarter valued at about $37,000. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Price Performance

NYSE VNT opened at $37.84 on Thursday. The company has a market cap of $5.63 billion, a P/E ratio of 13.76, a P/E/G ratio of 1.23 and a beta of 1.26. Vontier Co. has a 1 year low of $31.22 and a 1 year high of $45.62. 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 company has a fifty day simple moving average of $37.66 and a 200 day simple moving average of $36.40.

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

Vontier Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on the company. Robert W. Baird increased their price objective on Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a report on Tuesday, February 18th. Citigroup dropped their price target 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 initiated coverage on shares of Vontier in a research note on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price objective for the company. Barclays increased their target price 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. Finally, Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price on the stock in a report on Thursday, December 12th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, Vontier currently has a consensus rating of “Moderate Buy” and an average target price of $45.43.

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.