John G Ullman & Associates Inc. reduced its stake in Vontier Corporation (NYSE:VNT – Free Report) by 0.6% during the 2nd quarter, according to the company in its most recent filing with the SEC. The fund owned 61,921 shares of the company’s stock after selling 400 shares during the quarter. John G Ullman & Associates Inc.’s holdings in Vontier were worth $2,285,000 at the end of the most recent reporting period.
Several other large investors have also recently made changes to their positions in the stock. Ameriprise Financial Inc. lifted its holdings in shares of Vontier by 39.7% in the 1st quarter. Ameriprise Financial Inc. now owns 3,515,334 shares of the company’s stock worth $115,479,000 after acquiring an additional 999,755 shares during the last quarter. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Vontier by 2.0% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 3,390,111 shares of the company’s stock worth $111,365,000 after acquiring an additional 66,620 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its holdings in shares of Vontier by 5.4% in the 1st quarter. T. Rowe Price Investment Management Inc. now owns 2,815,287 shares of the company’s stock worth $92,483,000 after acquiring an additional 143,737 shares during the last quarter. Nuveen LLC acquired a new position in shares of Vontier in the 1st quarter worth approximately $67,744,000. Finally, Woodline Partners LP lifted its holdings in shares of Vontier by 132.9% in the 1st quarter. Woodline Partners LP now owns 1,879,793 shares of the company’s stock worth $61,751,000 after acquiring an additional 1,072,683 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.
Vontier Trading Up 2.8%
Shares of NYSE:VNT opened at $42.57 on Friday. Vontier Corporation has a 52 week low of $27.22 and a 52 week high of $43.88. The company’s 50 day moving average is $42.12 and its two-hundred day moving average is $37.82. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 1.32. The company has a market cap of $6.24 billion, a PE ratio of 16.18, a P/E/G ratio of 1.40 and a beta of 1.30.
Vontier Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 4th were paid a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 0.2%. The ex-dividend date was Thursday, September 4th. Vontier’s dividend payout ratio (DPR) is currently 3.80%.
Analyst Upgrades and Downgrades
A number of research firms have issued reports on VNT. UBS Group increased their target price on shares of Vontier from $47.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Vontier in a report on Wednesday, October 8th. Evercore ISI reiterated an “outperform” rating on shares of Vontier in a report on Tuesday, August 19th. Barclays reiterated an “overweight” rating on shares of Vontier in a report on Monday, August 4th. Finally, The Goldman Sachs Group reiterated a “neutral” rating on shares of Vontier in a report on Thursday, July 31st. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $47.50.
View Our Latest Analysis on VNT
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.
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