Mountain Pacific Investment Advisers LLC Purchases 2,686 Shares of Vontier Co. (NYSE:VNT)

Mountain Pacific Investment Advisers LLC increased its holdings in Vontier Co. (NYSE:VNT) by 6.7% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 42,717 shares of the company’s stock after purchasing an additional 2,686 shares during the period. Mountain Pacific Investment Advisers LLC’s holdings in Vontier were worth $1,558,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of VNT. International Assets Investment Management LLC increased its holdings in shares of Vontier by 2,976.5% in 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 last quarter. Hazlett Burt & Watson Inc. bought a new stake in Vontier during the third quarter worth approximately $37,000. Wilmington Savings Fund Society FSB purchased a new stake in Vontier during the third quarter valued at approximately $40,000. Covestor Ltd lifted its stake in shares of 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 purchasing an additional 395 shares during the last quarter. Finally, Blue Trust Inc. boosted its holdings in shares of 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 purchasing an additional 410 shares during the period. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Analyst Ratings Changes

VNT has been the topic of several recent research reports. Citigroup lowered their price target on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Barclays dropped their price target on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. UBS Group started coverage on shares of Vontier in a research report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price objective on the stock. Finally, Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price for the company in a research report on Thursday, December 12th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, Vontier has an average rating of “Moderate Buy” and an average price target of $44.63.

Vontier Trading Up 0.8 %

Shares of NYSE VNT opened at $37.51 on Tuesday. Vontier Co. has a twelve month low of $31.22 and a twelve month high of $45.62. The company has a quick ratio of 1.23, a current ratio of 1.64 and a debt-to-equity ratio of 2.10. The business has a fifty day simple moving average of $37.84 and a two-hundred day simple moving average of $36.24. The firm has a market cap of $5.63 billion, a PE ratio of 14.37, a price-to-earnings-growth ratio of 1.69 and a beta of 1.26.

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

Vontier Announces Dividend

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

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.