John G Ullman & Associates Inc. Has $2.29 Million Stake in Vontier Co. (NYSE:VNT)

John G Ullman & Associates Inc. trimmed its stake in Vontier Co. (NYSE:VNT) by 2.3% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). 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 as of its most recent SEC filing.

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

Wall Street Analysts Forecast Growth

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

Vontier Trading Up 0.8 %

Shares of VNT stock opened at $37.34 on Friday. Vontier Co. has a 12-month low of $31.22 and a 12-month high of $45.62. The company has a market capitalization 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. The firm has a 50-day moving average price of $37.69 and a 200 day moving average price of $36.45. 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 announced 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. Vontier had a net margin of 14.17% and a return on equity of 43.22%. The firm had revenue of $776.80 million during the quarter. Research analysts forecast that Vontier Co. will post 3.13 earnings per share for the current fiscal 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 dividend on an annualized basis and a dividend yield of 0.27%. The ex-dividend date is Thursday, March 6th. Vontier’s dividend payout ratio 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.