8,450 Shares in Vontier Co. (NYSE:VNT) Acquired by Aristides Capital LLC

Aristides Capital LLC acquired a new stake in Vontier Co. (NYSE:VNT) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 8,450 shares of the company’s stock, valued at approximately $308,000.

Other hedge funds also recently made changes to their positions in the company. Federated Hermes Inc. grew its holdings in Vontier by 14.8% during the 4th quarter. Federated Hermes Inc. now owns 354,923 shares of the company’s stock valued at $12,944,000 after purchasing an additional 45,673 shares in the last quarter. Quadrant Capital Group LLC grew its stake in shares of Vontier by 5.0% during the fourth quarter. Quadrant Capital Group LLC now owns 7,049 shares of the company’s stock valued at $257,000 after acquiring an additional 338 shares in the last quarter. Russell Investments Group Ltd. increased its position in shares of Vontier by 11.2% during the fourth quarter. Russell Investments Group Ltd. now owns 1,598,584 shares of the company’s stock worth $58,300,000 after acquiring an additional 160,830 shares during the last quarter. Grantham Mayo Van Otterloo & Co. LLC acquired a new position in shares of Vontier in the fourth quarter worth about $214,000. Finally, Foundry Partners LLC boosted its holdings in Vontier by 1.9% in the fourth quarter. Foundry Partners LLC now owns 17,304 shares of the company’s stock valued at $631,000 after purchasing an additional 324 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Vontier Stock Performance

Shares of NYSE VNT opened at $28.89 on Monday. 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 firm’s 50-day moving average price is $35.86 and its two-hundred day moving average price is $36.38. Vontier Co. has a 52-week low of $27.78 and a 52-week high of $43.41. The stock has a market capitalization 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 released its quarterly earnings data 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. 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. As a group, sell-side analysts forecast that Vontier Co. will post 3.13 earnings per share for the current year.

Vontier Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a $0.025 dividend. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.10 annualized dividend and a 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.