John G Ullman & Associates Inc. Sells 526 Shares of Vontier Co. (NYSE:VNT)

John G Ullman & Associates Inc. lessened its holdings in shares of Vontier Co. (NYSE:VNT) by 0.8% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 64,121 shares of the company’s stock after selling 526 shares during the quarter. John G Ullman & Associates Inc.’s holdings in Vontier were worth $2,163,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently modified their holdings of VNT. CANADA LIFE ASSURANCE Co boosted its stake in shares of Vontier by 17.6% during the 1st quarter. CANADA LIFE ASSURANCE Co now owns 108,902 shares of the company’s stock worth $4,941,000 after acquiring an additional 16,305 shares during the last quarter. Natixis acquired a new position in shares of Vontier during the first quarter worth $2,785,000. Edgestream Partners L.P. purchased a new stake in shares of Vontier during the first quarter worth about $810,000. Boston Partners purchased a new stake in shares of Vontier during the first quarter valued at $1,231,000. Finally, SG Americas Securities LLC raised its position in Vontier by 651.9% during the 2nd quarter. SG Americas Securities LLC now owns 29,895 shares of the company’s stock worth $1,142,000 after buying an additional 25,919 shares during the last quarter. Institutional investors own 95.83% of the company’s stock.

Vontier Stock Up 0.8 %

VNT opened at $37.39 on Thursday. The company has a debt-to-equity ratio of 2.10, a quick ratio of 1.23 and a current ratio of 1.64. The company has a market capitalization of $5.62 billion, a PE ratio of 14.33, a P/E/G ratio of 1.73 and a beta of 1.25. Vontier Co. has a one year low of $31.22 and a one year high of $45.62. The stock’s fifty day moving average is $35.25 and its 200-day moving average is $36.77.

Vontier (NYSE:VNT) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.73 EPS for the quarter, topping analysts’ consensus estimates of $0.69 by $0.04. The firm had revenue of $750.00 million for the quarter, compared to the consensus estimate of $729.23 million. Vontier had a return on equity of 45.48% and a net margin of 13.54%. The firm’s revenue was down 2.0% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.73 earnings per share. On average, equities analysts predict that Vontier Co. will post 2.89 EPS for the current fiscal year.

Vontier Announces Dividend

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

Analyst Ratings Changes

Several brokerages have commented on VNT. Argus lowered Vontier from a “buy” rating to a “hold” rating in a report on Tuesday, August 20th. Barclays boosted their price objective on shares of Vontier from $44.00 to $46.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Evercore ISI cut their price target on shares of Vontier from $45.00 to $40.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Finally, Robert W. Baird cut their price target on Vontier from $44.00 to $42.00 and set a “neutral” rating on the stock in a report on Friday, August 2nd. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $44.50.

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.