First United Bank & Trust Increases Stock Position in Vontier Co. (NYSE:VNT)

First United Bank & Trust grew its position in shares of Vontier Co. (NYSE:VNTFree Report) by 5.3% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 10,530 shares of the company’s stock after purchasing an additional 530 shares during the quarter. First United Bank & Trust’s holdings in Vontier were worth $384,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also made changes to their positions in the company. International Assets Investment Management LLC raised 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 valued at $35,000 after purchasing an additional 1,012 shares during the last quarter. Hazlett Burt & Watson Inc. acquired a new position in Vontier in the third quarter valued at $37,000. Wilmington Savings Fund Society FSB purchased a new stake in shares of Vontier in the third quarter valued at about $40,000. Covestor Ltd boosted its stake in shares of Vontier by 37.1% during the third quarter. Covestor Ltd now owns 1,461 shares of the company’s stock worth $49,000 after buying an additional 395 shares during the period. Finally, Blue Trust Inc. grew its holdings in shares of Vontier by 10.9% during the third quarter. Blue Trust Inc. now owns 4,171 shares of the company’s stock worth $141,000 after buying an additional 410 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have weighed in on VNT shares. Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective for the company in a research report on Thursday, December 12th. Citigroup cut their target price on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, January 13th. UBS Group started coverage on shares of Vontier in a research note on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price objective for the company. Finally, Barclays reduced their price target on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $44.63.

Read Our Latest Analysis on VNT

Vontier Stock Up 0.8 %

VNT opened at $37.51 on Tuesday. The firm has a market cap of $5.63 billion, a P/E ratio of 14.37, a PEG ratio of 1.69 and a beta of 1.26. The business’s fifty day simple moving average is $37.78 and its 200 day simple moving average is $36.23. Vontier Co. has a 52 week low of $31.22 and a 52 week high of $45.62. The company has a quick ratio of 1.23, a current ratio of 1.64 and a debt-to-equity ratio of 2.10.

Vontier (NYSE:VNTGet Free Report) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.73 EPS for the quarter, beating analysts’ consensus estimates of $0.69 by $0.04. Vontier had a return on equity of 45.48% and a net margin of 13.54%. The business had revenue of $750.00 million during the quarter, compared to the consensus estimate of $729.23 million. During the same quarter in the previous year, the business earned $0.73 earnings per share. The business’s revenue for the quarter was down 2.0% on a year-over-year basis. As a group, equities research analysts anticipate that Vontier Co. will post 2.88 EPS for the current fiscal year.

Vontier Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st were issued a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.10 annualized dividend and a dividend yield of 0.27%. Vontier’s payout ratio is currently 3.83%.

About Vontier

(Free Report)

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.

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Institutional Ownership by Quarter for Vontier (NYSE:VNT)

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