Vontier Co. (NYSE:VNT) Stock Holdings Lessened by John G Ullman & Associates Inc.

John G Ullman & Associates Inc. trimmed its stake in Vontier Co. (NYSE:VNT) by 0.9% in the fourth quarter, Holdings Channel.com reports. The firm owned 65,897 shares of the company’s stock after selling 600 shares during the quarter. John G Ullman & Associates Inc.’s holdings in Vontier were worth $2,277,000 as of its most recent SEC filing.

Other hedge funds have also made changes to their positions in the company. Treasurer of the State of North Carolina raised its position in Vontier by 0.5% during the third quarter. Treasurer of the State of North Carolina now owns 68,343 shares of the company’s stock valued at $2,113,000 after acquiring an additional 340 shares in the last quarter. IFP Advisors Inc raised its position in Vontier by 29.1% during the second quarter. IFP Advisors Inc now owns 1,774 shares of the company’s stock valued at $57,000 after acquiring an additional 400 shares in the last quarter. HighTower Advisors LLC raised its position in Vontier by 3.8% during the first quarter. HighTower Advisors LLC now owns 12,732 shares of the company’s stock valued at $342,000 after acquiring an additional 469 shares in the last quarter. Citigroup Inc. raised its position in shares of Vontier by 1.8% in the third quarter. Citigroup Inc. now owns 27,747 shares of the company’s stock valued at $858,000 after purchasing an additional 494 shares during the period. Finally, Benjamin Edwards Inc. raised its position in shares of Vontier by 20.3% in the second quarter. Benjamin Edwards Inc. now owns 3,110 shares of the company’s stock valued at $100,000 after purchasing an additional 525 shares during the period. 95.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have recently commented on the stock. Evercore ISI lifted their price target on shares of Vontier from $40.00 to $47.00 and gave the company an “outperform” rating in a research report on Tuesday, February 20th. Argus lifted their price target on shares of Vontier from $39.00 to $50.00 and gave the company a “buy” rating in a research report on Monday, March 18th. Citigroup lifted their price target on shares of Vontier from $45.00 to $51.00 and gave the company a “buy” rating in a research report on Monday, April 8th. The Goldman Sachs Group raised their price objective on shares of Vontier from $37.00 to $41.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 20th. Finally, Bank of America upgraded shares of Vontier from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $37.00 to $40.00 in a research note on Thursday, January 11th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $45.00.

Vontier Stock Performance

VNT traded down $0.37 during trading on Friday, reaching $39.96. 615,385 shares of the company’s stock were exchanged, compared to its average volume of 777,866. Vontier Co. has a fifty-two week low of $26.23 and a fifty-two week high of $45.62. The company has a quick ratio of 1.08, a current ratio of 1.39 and a debt-to-equity ratio of 2.44. The business has a 50 day moving average price of $42.40 and a 200 day moving average price of $36.43. The company has a market capitalization of $6.18 billion, a P/E ratio of 16.77, a PEG ratio of 1.18 and a beta of 1.31.

Vontier (NYSE:VNT) last posted its quarterly earnings results on Thursday, February 15th. The company reported $0.80 earnings per share for the quarter, topping analysts’ consensus estimates of $0.78 by $0.02. Vontier had a net margin of 12.18% and a return on equity of 60.00%. The firm had revenue of $789.00 million for the quarter, compared to the consensus estimate of $780.92 million. During the same quarter in the previous year, the company earned $0.81 earnings per share. The business’s revenue was down 9.5% compared to the same quarter last year. As a group, analysts predict that Vontier Co. will post 3.15 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 28th. Shareholders of record on Thursday, March 7th were issued a dividend of $0.025 per share. The ex-dividend date was Wednesday, March 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.25%. Vontier’s payout ratio is presently 4.15%.

Vontier Company 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.