Venturi Wealth Management LLC Has $156,000 Stake in Vontier Co. (NYSE:VNT)

Venturi Wealth Management LLC lifted its position in Vontier Co. (NYSE:VNT) by 1,762.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 4,265 shares of the company’s stock after acquiring an additional 4,036 shares during the period. Venturi Wealth Management LLC’s holdings in Vontier were worth $156,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also modified their holdings of the company. Truist Financial Corp grew its position in Vontier by 5.4% in the fourth quarter. Truist Financial Corp now owns 1,415,317 shares of the company’s stock valued at $51,617,000 after acquiring an additional 72,787 shares during the period. Principal Securities Inc. grew its position in Vontier by 12.8% in the fourth quarter. Principal Securities Inc. now owns 4,636 shares of the company’s stock valued at $169,000 after acquiring an additional 526 shares during the period. Rhumbline Advisers grew its position in Vontier by 0.9% in the fourth quarter. Rhumbline Advisers now owns 410,684 shares of the company’s stock valued at $14,978,000 after acquiring an additional 3,754 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new stake in Vontier in the fourth quarter valued at $99,000. Finally, Van ECK Associates Corp grew its position in Vontier by 94.3% in the fourth quarter. Van ECK Associates Corp now owns 148,253 shares of the company’s stock valued at $5,407,000 after acquiring an additional 71,963 shares during the period. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Vontier Price Performance

Vontier stock opened at $37.76 on Friday. The business’s 50-day simple moving average is $37.67 and its 200 day simple moving average is $36.30. The stock has a market cap of $5.61 billion, a price-to-earnings ratio of 13.73, a P/E/G ratio of 1.23 and a beta of 1.26. Vontier Co. has a 12-month low of $31.22 and a 12-month high of $45.62. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97.

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

Vontier Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be paid a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.26%. The ex-dividend date is Thursday, March 6th. Vontier’s payout ratio is 3.64%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on VNT shares. Barclays upped their price target on Vontier from $45.00 to $46.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Citigroup decreased their target price on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Robert W. Baird increased their target price on Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a report on Tuesday, February 18th. UBS Group started coverage on Vontier in a report on Tuesday, December 10th. They set a “buy” rating and a $47.00 target price on the stock. Finally, Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price on the stock in a report on Thursday, December 12th. Two equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, Vontier has a consensus rating of “Moderate Buy” and a consensus price target of $45.43.

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.