Quantinno Capital Management LP Boosts Stock Holdings in Vontier Co. (NYSE:VNT)

Quantinno Capital Management LP lifted its stake in Vontier Co. (NYSE:VNT) by 29.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 68,548 shares of the company’s stock after buying an additional 15,554 shares during the period. Quantinno Capital Management LP’s holdings in Vontier were worth $2,500,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently modified their holdings of the stock. Fuller & Thaler Asset Management Inc. grew its position in Vontier by 5.5% during the 4th quarter. Fuller & Thaler Asset Management Inc. now owns 3,323,491 shares of the company’s stock worth $121,208,000 after acquiring an additional 173,542 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in Vontier by 2.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 2,666,927 shares of the company’s stock valued at $97,260,000 after purchasing an additional 75,775 shares during the last quarter. Ameriprise Financial Inc. boosted its stake in shares of Vontier by 4.0% during the fourth quarter. Ameriprise Financial Inc. now owns 2,515,579 shares of the company’s stock valued at $91,740,000 after purchasing an additional 96,554 shares during the period. River Road Asset Management LLC grew its holdings in shares of Vontier by 6.2% in the fourth quarter. River Road Asset Management LLC now owns 2,502,132 shares of the company’s stock worth $91,253,000 after purchasing an additional 145,574 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Vontier in the fourth quarter worth $64,869,000. Institutional investors own 95.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Evercore ISI increased their price target on shares of Vontier from $45.00 to $47.00 and gave the company an “outperform” rating in a research report on Monday. Robert W. Baird upped their price objective on shares of Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research note on Tuesday, February 18th. Citigroup cut their target price on Vontier from $45.00 to $36.00 and set a “buy” rating on the stock in a research note on Monday, April 14th. Finally, Barclays boosted their price target on Vontier from $45.00 to $48.00 and gave the company an “overweight” rating in a report on Monday, May 5th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to data from MarketBeat, Vontier presently has a consensus rating of “Moderate Buy” and an average price target of $44.83.

Insider Buying and Selling at Vontier

In related news, SVP Kathryn K. Rowen sold 7,344 shares of the company’s stock in a transaction that occurred on Monday, May 12th. The stock was sold at an average price of $36.34, for a total value of $266,880.96. Following the sale, the senior vice president now owns 88,248 shares in the company, valued at $3,206,932.32. This represents a 7.68% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. Insiders own 0.97% of the company’s stock.

Vontier Trading Down 0.9%

NYSE VNT opened at $36.62 on Wednesday. The firm has a market capitalization of $5.42 billion, a PE ratio of 13.32, a P/E/G ratio of 1.23 and a beta of 1.29. The stock’s 50 day moving average is $32.56 and its 200 day moving average is $35.91. Vontier Co. has a twelve month low of $27.22 and a twelve month high of $41.61. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97.

Vontier (NYSE:VNT) last announced its earnings results on Thursday, May 1st. The company reported $0.77 EPS for the quarter, beating analysts’ consensus estimates of $0.71 by $0.06. The firm had revenue of $741.10 million for the quarter, compared to analysts’ expectations of $723.06 million. Vontier had a net margin of 14.17% and a return on equity of 43.22%. The company’s quarterly revenue was down 1.9% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.74 EPS. Research analysts forecast that Vontier Co. will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, June 5th will be paid a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date of this dividend is Thursday, June 5th. Vontier’s dividend payout ratio is 4.07%.

Vontier Profile

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.