Schroder Investment Management Group Makes New $7.16 Million Investment in Vontier Co. (NYSE:VNT)

Schroder Investment Management Group bought a new stake in Vontier Co. (NYSE:VNT) during the 4th quarter, HoldingsChannel reports. The firm bought 197,631 shares of the company’s stock, valued at approximately $7,158,000.

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

Vontier Price Performance

VNT stock opened at $28.89 on Friday. Vontier Co. has a 52-week low of $27.78 and a 52-week high of $43.42. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97. The stock has a market cap of $4.30 billion, a price-to-earnings ratio of 10.51, a price-to-earnings-growth ratio of 1.23 and a beta of 1.28. The business has a fifty day moving average of $35.86 and a two-hundred day moving average of $36.34.

Vontier (NYSE:VNT) last issued its quarterly earnings data 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 for the quarter. Vontier had a net margin of 14.17% and a return on equity of 43.22%. As a group, research analysts anticipate that Vontier Co. will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a dividend of $0.025 per share. The ex-dividend date was Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.35%. Vontier’s payout ratio is currently 3.64%.

Analysts Set New Price Targets

VNT has been the subject of a number of research reports. 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 report on Thursday, December 12th. Robert W. Baird increased 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 target price on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 26th. UBS Group began coverage on Vontier in a research report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price target for the company. Finally, Citigroup reduced their price objective on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target 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.