Commonwealth of Pennsylvania Public School Empls Retrmt SYS Sells 709 Shares of Vontier Co. (NYSE:VNT)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS trimmed its position in shares of Vontier Co. (NYSE:VNT) by 2.1% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 33,172 shares of the company’s stock after selling 709 shares during the period. Commonwealth of Pennsylvania Public School Empls Retrmt SYS’s holdings in Vontier were worth $1,210,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also bought and sold shares of the company. Quest Partners LLC raised its holdings in Vontier by 475.4% during the 3rd quarter. Quest Partners LLC now owns 4,505 shares of the company’s stock valued at $152,000 after acquiring an additional 3,722 shares during the period. Charles Schwab Investment Management Inc. lifted its holdings in Vontier by 3.0% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,474,988 shares of the company’s stock worth $49,766,000 after purchasing an additional 42,357 shares in the last quarter. Cerity Partners LLC boosted its stake in Vontier by 223.0% in the 3rd quarter. Cerity Partners LLC now owns 103,041 shares of the company’s stock worth $3,477,000 after purchasing an additional 71,137 shares during the period. Dynamic Technology Lab Private Ltd purchased a new position in Vontier during the 3rd quarter valued at about $341,000. Finally, Quantbot Technologies LP increased its position in shares of Vontier by 1,071.7% during the third quarter. Quantbot Technologies LP now owns 39,804 shares of the company’s stock valued at $1,343,000 after buying an additional 36,407 shares during the period. 95.83% of the stock is owned by hedge funds and other institutional investors.

Vontier Price Performance

Shares of Vontier stock opened at $34.23 on Thursday. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51. Vontier Co. has a 52-week low of $31.22 and a 52-week high of $45.62. The company has a fifty day moving average of $36.70 and a 200-day moving average of $36.38. The stock has a market capitalization of $5.09 billion, a price-to-earnings ratio of 12.45, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26.

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 during the quarter. Vontier had a net margin of 14.17% and a return on equity of 43.22%. Equities research analysts expect that Vontier Co. will post 3.13 EPS for the current year.

Vontier Dividend Announcement

The business also recently declared 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. The ex-dividend date is Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a yield of 0.29%. Vontier’s dividend payout ratio (DPR) is currently 3.64%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the company. Citigroup lowered their price objective on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Barclays cut 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. UBS Group began coverage on shares of Vontier in a research report on Tuesday, December 10th. They set a “buy” rating and a $47.00 price objective on the stock. Robert W. Baird upped their target price on shares of Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 18th. Finally, Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price on the stock in a research note on Thursday, December 12th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $44.50.

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.