Rathbones Group PLC Purchases 32,261 Shares of Vontier Co. (NYSE:VNT)

Rathbones Group PLC increased its position in shares of Vontier Co. (NYSE:VNT) by 11.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 304,766 shares of the company’s stock after purchasing an additional 32,261 shares during the period. Rathbones Group PLC’s holdings in Vontier were worth $11,115,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently made changes to their positions in VNT. Bank of Montreal Can lifted its holdings in Vontier by 22.4% during the fourth quarter. Bank of Montreal Can now owns 37,103 shares of the company’s stock worth $1,353,000 after buying an additional 6,783 shares during the period. Aristides Capital LLC purchased a new stake in shares of Vontier during the 4th quarter worth $308,000. Federated Hermes Inc. boosted its position in Vontier by 14.8% during the fourth quarter. Federated Hermes Inc. now owns 354,923 shares of the company’s stock valued at $12,944,000 after purchasing an additional 45,673 shares in the last quarter. Quadrant Capital Group LLC boosted its position in Vontier by 5.0% during the fourth quarter. Quadrant Capital Group LLC now owns 7,049 shares of the company’s stock valued at $257,000 after purchasing an additional 338 shares in the last quarter. Finally, Russell Investments Group Ltd. grew its stake in Vontier by 11.2% in the fourth quarter. Russell Investments Group Ltd. now owns 1,598,584 shares of the company’s stock valued at $58,300,000 after purchasing an additional 160,830 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors.

Vontier Stock Down 1.8 %

Vontier stock opened at $28.38 on Tuesday. Vontier Co. has a fifty-two week low of $27.22 and a fifty-two week high of $43.41. The company has a market cap of $4.22 billion, a PE ratio of 10.32, a PEG ratio of 1.23 and a beta of 1.28. 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 business’s 50-day simple moving average is $35.67 and its two-hundred day simple moving average is $36.34.

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

Vontier Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were given a dividend of $0.025 per share. The ex-dividend date was Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a yield of 0.35%. Vontier’s dividend payout ratio is presently 3.64%.

Analyst Ratings Changes

VNT has been the subject of several recent analyst reports. 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 research note on Thursday, December 12th. Barclays decreased their price objective on Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a report on Wednesday, March 26th. Citigroup dropped their target price on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Robert W. Baird increased their price target on Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research note on Tuesday, February 18th. Finally, UBS Group began coverage on Vontier in a research note on Tuesday, December 10th. They set a “buy” rating and a $47.00 price target on the stock. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $44.50.

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.