Strategic Blueprint LLC Takes $355,000 Position in Vontier Co. (NYSE:VNT)

Strategic Blueprint LLC purchased a new position in shares of Vontier Co. (NYSE:VNT) during the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 9,726 shares of the company’s stock, valued at approximately $355,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. Wedge Capital Management L L P NC grew its holdings in Vontier by 18.5% in the third quarter. Wedge Capital Management L L P NC now owns 374,117 shares of the company’s stock valued at $12,623,000 after purchasing an additional 58,362 shares during the last quarter. Integrated Investment Consultants LLC boosted its position in shares of Vontier by 14.7% in the 4th quarter. Integrated Investment Consultants LLC now owns 67,480 shares of the company’s stock worth $2,461,000 after buying an additional 8,657 shares in the last quarter. Fifth Third Wealth Advisors LLC purchased a new position in Vontier during the 4th quarter valued at about $223,000. Holocene Advisors LP acquired a new position in Vontier during the third quarter worth about $1,349,000. Finally, Marshall Wace LLP acquired a new position in Vontier during the second quarter worth about $1,874,000. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Price Performance

Shares of NYSE:VNT opened at $38.55 on Friday. The company has a market cap of $5.79 billion, a P/E ratio of 14.77, a P/E/G ratio of 1.71 and a beta of 1.26. The business has a fifty day simple moving average of $37.81 and a 200-day simple moving average of $36.26. 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:VNT) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.69 by $0.04. The company had revenue of $750.00 million during the quarter, compared to analysts’ expectations 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 previous year, the business earned $0.73 EPS. Equities research analysts forecast that Vontier Co. will post 2.88 EPS for the current year.

Vontier Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Thursday, November 21st were issued a $0.025 dividend. The ex-dividend date was Thursday, November 21st. This represents a $0.10 dividend on an annualized basis and a yield of 0.26%. Vontier’s payout ratio is 3.83%.

Analyst Ratings Changes

A number of research analysts have recently weighed in on VNT shares. Wolfe Research raised shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective for the company in a research note on Thursday, December 12th. UBS Group began coverage on Vontier in a research report on Tuesday, December 10th. They set a “buy” rating and a $47.00 price target for the company. Citigroup reduced 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. Finally, Barclays dropped their price objective on Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a research report on Wednesday, January 8th. Three research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $44.63.

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.