6,646 Shares in Vontier Co. (NYSE:VNT) Acquired by Counterpoint Mutual Funds LLC

Counterpoint Mutual Funds LLC purchased a new position in shares of Vontier Co. (NYSE:VNT) during the 1st quarter, according to its most recent 13F filing with the SEC. The firm purchased 6,646 shares of the company’s stock, valued at approximately $301,000.

Several other institutional investors and hedge funds have also bought and sold shares of VNT. Rise Advisors LLC bought a new position in Vontier during the 1st quarter worth approximately $27,000. Opal Wealth Advisors LLC purchased a new stake in Vontier in the 1st quarter worth approximately $30,000. Riverview Trust Co purchased a new stake in Vontier in the 1st quarter worth approximately $33,000. Benjamin F. Edwards & Company Inc. purchased a new stake in Vontier in the 4th quarter worth approximately $35,000. Finally, International Assets Investment Management LLC lifted its holdings in Vontier by 3,355.3% in the 4th quarter. International Assets Investment Management LLC now owns 1,313 shares of the company’s stock worth $45,000 after buying an additional 1,275 shares during the period. 95.83% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on VNT shares. Citigroup increased their price objective on Vontier from $45.00 to $51.00 and gave the stock a “buy” rating in a report on Monday, April 8th. Argus increased their price objective on Vontier from $39.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, March 18th. One investment analyst has rated the stock with a hold rating and six have given a buy rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $45.00.

Vontier Stock Up 0.0 %

Shares of VNT traded up $0.01 on Wednesday, reaching $38.39. The stock had a trading volume of 437,114 shares, compared to its average volume of 737,723. The firm has a market capitalization of $5.93 billion, a price-to-earnings ratio of 13.86, a price-to-earnings-growth ratio of 1.12 and a beta of 1.31. The company has a debt-to-equity ratio of 2.21, a quick ratio of 1.23 and a current ratio of 1.57. The company has a 50-day simple moving average of $39.84 and a 200-day simple moving average of $39.15. Vontier Co. has a 12-month low of $28.84 and a 12-month high of $45.62.

Vontier (NYSE:VNT) last released its earnings results on Thursday, May 2nd. The company reported $0.74 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.05. The company had revenue of $755.80 million during the quarter, compared to analysts’ expectations of $754.50 million. Vontier had a return on equity of 54.84% and a net margin of 14.02%. The firm’s revenue for the quarter was down 2.7% compared to the same quarter last year. During the same quarter last year, the business posted $0.68 EPS. Sell-side analysts predict that Vontier Co. will post 3.15 EPS for the current year.

Vontier Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 27th. Shareholders of record on Thursday, June 6th will be paid a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend is Thursday, June 6th. Vontier’s payout ratio is 3.62%.

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.