Vontier Co. (NYSE:VNT) Shares Acquired by First United Bank & Trust

First United Bank & Trust boosted its position in Vontier Co. (NYSE:VNT) by 5.3% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 10,530 shares of the company’s stock after acquiring an additional 530 shares during the quarter. First United Bank & Trust’s holdings in Vontier were worth $384,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in the company. International Assets Investment Management LLC boosted its position in Vontier by 2,976.5% during the 3rd quarter. International Assets Investment Management LLC now owns 1,046 shares of the company’s stock worth $35,000 after purchasing an additional 1,012 shares during the period. Hazlett Burt & Watson Inc. acquired a new stake in shares of Vontier in the third quarter valued at about $37,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Vontier in the third quarter valued at about $40,000. Covestor Ltd raised its holdings in shares of Vontier by 37.1% during 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. Finally, Blue Trust Inc. boosted its holdings in Vontier by 10.9% in the 3rd quarter. Blue Trust Inc. now owns 4,171 shares of the company’s stock worth $141,000 after acquiring an additional 410 shares during the period. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Analyst Ratings Changes

A number of research analysts have recently commented on VNT shares. Wolfe Research raised shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price on the stock in a research report on Thursday, December 12th. UBS Group assumed coverage on shares of Vontier in a research report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price objective for the company. Barclays lowered their target price on Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. Finally, Citigroup reduced their price target on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a report on Monday, January 13th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $44.63.

Vontier Stock Up 0.8 %

NYSE:VNT opened at $37.51 on Tuesday. The company has a debt-to-equity ratio of 2.10, a quick ratio of 1.23 and a current ratio of 1.64. The stock has a 50-day simple moving average of $37.78 and a 200 day simple moving average of $36.23. Vontier Co. has a one year low of $31.22 and a one year high of $45.62. The company has a market capitalization of $5.63 billion, a price-to-earnings ratio of 14.37, a price-to-earnings-growth ratio of 1.69 and a beta of 1.26.

Vontier (NYSE:VNT) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.04. The business had revenue of $750.00 million during the quarter, compared to the consensus estimate of $729.23 million. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The company’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.73 EPS. Sell-side analysts predict that Vontier Co. will post 2.88 EPS for the current fiscal year.

Vontier Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st were given a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.10 annualized dividend and a dividend yield of 0.27%. Vontier’s dividend payout ratio is currently 3.83%.

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.