Vontier Co. (NYSE:VNT) Shares Sold by Seizert Capital Partners LLC

Seizert Capital Partners LLC cut its stake in Vontier Co. (NYSE:VNT) by 0.9% in the third quarter, Holdings Channel reports. The fund owned 122,994 shares of the company’s stock after selling 1,056 shares during the period. Seizert Capital Partners LLC’s holdings in Vontier were worth $4,150,000 at the end of the most recent quarter.

Other institutional investors have also modified their holdings of the company. International Assets Investment Management LLC boosted its holdings 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 valued at $35,000 after purchasing an additional 1,012 shares during the last quarter. Hazlett Burt & Watson Inc. purchased a new position in Vontier in the third quarter worth approximately $37,000. Ashton Thomas Private Wealth LLC acquired a new stake in Vontier during the second quarter worth $44,000. Headlands Technologies LLC purchased a new stake in Vontier in the first quarter valued at $46,000. Finally, Covestor Ltd raised its holdings in Vontier by 37.1% in the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company’s stock valued at $49,000 after buying an additional 395 shares during the period. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Vontier Stock Performance

NYSE VNT opened at $38.08 on Friday. Vontier Co. has a 1 year low of $31.22 and a 1 year high of $45.62. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.64 and a quick ratio of 1.23. The company has a market capitalization of $5.72 billion, a PE ratio of 14.59, a P/E/G ratio of 1.78 and a beta of 1.25. The company has a fifty day moving average of $34.93 and a two-hundred day moving average of $36.82.

Vontier (NYSE:VNT) last announced its earnings results on Thursday, October 31st. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.04. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The business had revenue of $750.00 million during the quarter, compared to analysts’ expectations of $729.23 million. During the same period in the prior year, the company earned $0.73 earnings per share. The business’s revenue was down 2.0% compared to the same quarter last year. As a group, analysts expect that Vontier Co. will post 2.89 earnings per share for the current year.

Vontier Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.26%. Vontier’s dividend payout ratio (DPR) is 3.83%.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on the company. Evercore ISI cut their target price on Vontier from $45.00 to $40.00 and set an “outperform” rating on the stock in a research report on Monday, August 19th. Barclays lifted their target price on Vontier from $44.00 to $46.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Robert W. Baird decreased their price target on shares of Vontier from $44.00 to $42.00 and set a “neutral” rating for the company in a research note on Friday, August 2nd. Finally, Argus cut shares of Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, August 20th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $44.50.

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.