John G Ullman & Associates Inc. Sells 1,450 Shares of Vontier Co. (NYSE:VNT)

John G Ullman & Associates Inc. cut its stake in Vontier Co. (NYSE:VNT) by 2.3% in the fourth quarter, HoldingsChannel reports. The fund owned 62,671 shares of the company’s stock after selling 1,450 shares during the period. John G Ullman & Associates Inc.’s holdings in Vontier were worth $2,286,000 at the end of the most recent reporting period.

Other institutional investors also recently modified their holdings of the company. Global X Japan Co. Ltd. grew its position in shares of Vontier by 137.7% during the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock worth $27,000 after buying an additional 431 shares during the period. International Assets Investment Management LLC grew its position in shares of 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 buying an additional 1,012 shares during the period. Hazlett Burt & Watson Inc. acquired a new stake in shares of Vontier during the 3rd quarter worth approximately $37,000. Wilmington Savings Fund Society FSB acquired a new stake in shares of Vontier during the 3rd quarter worth approximately $40,000. Finally, Covestor Ltd grew its position in shares of Vontier by 37.1% during the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company’s stock worth $49,000 after buying an additional 395 shares during the period. 95.83% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

VNT has been the subject of several analyst reports. UBS Group initiated coverage on shares of Vontier in a research report on Tuesday, December 10th. They set a “buy” rating and a $47.00 price target for the company. Robert W. Baird lifted their price target on shares of Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 18th. Citigroup decreased their price objective on shares of Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a report on Monday, January 13th. Wolfe Research upgraded shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective for the company in a report on Thursday, December 12th. Finally, Barclays boosted their price objective on shares of Vontier from $45.00 to $46.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $45.43.

Vontier Stock Up 0.8 %

Shares of NYSE VNT opened at $37.34 on Friday. The stock has a market cap of $5.55 billion, a P/E ratio of 13.58, a P/E/G ratio of 1.23 and a beta of 1.26. Vontier Co. has a 52-week low of $31.22 and a 52-week high of $45.62. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51. The firm has a 50 day moving average price of $37.69 and a 200 day moving average price of $36.45.

Vontier (NYSE:VNT) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate of $0.79 by $0.01. The company had revenue of $776.80 million during the quarter. Vontier had a net margin of 14.17% and a return on equity of 43.22%. Analysts expect that Vontier Co. will post 3.13 EPS for the current year.

Vontier Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.27%. The ex-dividend date of this dividend is Thursday, March 6th. Vontier’s dividend payout ratio (DPR) is presently 3.64%.

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.