Captrust Financial Advisors Sells 1,542 Shares of Vontier Co. (NYSE:VNT)

Captrust Financial Advisors reduced its holdings in shares of Vontier Co. (NYSE:VNT) by 1.0% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 153,001 shares of the company’s stock after selling 1,542 shares during the quarter. Captrust Financial Advisors owned approximately 0.10% of Vontier worth $5,162,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Cetera Investment Advisers boosted its position in Vontier by 94.0% during the first quarter. Cetera Investment Advisers now owns 42,138 shares of the company’s stock worth $1,911,000 after purchasing an additional 20,413 shares during the period. Cetera Advisors LLC grew its stake in Vontier by 276.5% in the 1st quarter. Cetera Advisors LLC now owns 29,292 shares of the company’s stock valued at $1,329,000 after buying an additional 21,511 shares during the last quarter. Eldred Rock Partners LLC bought a new position in Vontier in the 2nd quarter valued at about $14,613,000. SG Americas Securities LLC lifted its position in Vontier by 651.9% during the second quarter. SG Americas Securities LLC now owns 29,895 shares of the company’s stock worth $1,142,000 after acquiring an additional 25,919 shares during the last quarter. Finally, Sequoia Financial Advisors LLC boosted its holdings in shares of Vontier by 12.8% during the second quarter. Sequoia Financial Advisors LLC now owns 57,857 shares of the company’s stock worth $2,210,000 after acquiring an additional 6,549 shares during the period. 95.83% of the stock is owned by institutional investors and hedge funds.

Vontier Stock Down 1.0 %

VNT stock opened at $38.94 on Wednesday. Vontier Co. has a 52 week low of $31.22 and a 52 week high of $45.62. The business has a 50-day simple moving average of $36.28 and a 200 day simple moving average of $36.65. The company has a quick ratio of 1.23, a current ratio of 1.64 and a debt-to-equity ratio of 2.10. The company has a market cap of $5.85 billion, a PE ratio of 14.92, a price-to-earnings-growth ratio of 1.84 and a beta of 1.24.

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

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be paid a $0.025 dividend. The ex-dividend date is Thursday, November 21st. This represents a $0.10 annualized dividend and a dividend yield of 0.26%. Vontier’s payout ratio is 3.83%.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on the company. Evercore ISI dropped their price target on Vontier from $45.00 to $40.00 and set an “outperform” rating for the company in a report on Monday, August 19th. Barclays lifted their target price on Vontier from $44.00 to $46.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. Finally, Argus downgraded shares of Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, August 20th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat.com, Vontier has a consensus 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.