Vontier Co. (NYSE:VNT) Shares Sold by Brandywine Global Investment Management LLC

Brandywine Global Investment Management LLC lessened its holdings in shares of Vontier Co. (NYSE:VNT) by 0.7% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,482,989 shares of the company’s stock after selling 10,953 shares during the quarter. Brandywine Global Investment Management LLC owned 0.99% of Vontier worth $54,085,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also made changes to their positions in VNT. Global X Japan Co. Ltd. grew its stake in shares of Vontier by 137.7% in the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock valued at $27,000 after buying an additional 431 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in Vontier in the third quarter valued at approximately $40,000. Farther Finance Advisors LLC raised its stake in shares of Vontier by 44.5% during the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company’s stock valued at $83,000 after purchasing an additional 700 shares during the period. Wealthfront Advisers LLC acquired a new position in shares of Vontier during the fourth quarter worth $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new position in shares of Vontier in the fourth quarter valued at $99,000. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Stock Performance

Shares of VNT opened at $32.77 on Friday. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. Vontier Co. has a 12-month low of $31.22 and a 12-month high of $45.62. The business’s fifty day moving average price is $36.53 and its 200 day moving average price is $36.40. The stock has a market capitalization of $4.87 billion, a PE ratio of 11.92, 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 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 forecast that Vontier Co. will post 3.13 EPS for the current year.

Vontier Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were paid a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a yield of 0.31%. Vontier’s payout ratio is currently 3.64%.

Analyst Upgrades and Downgrades

VNT has been the topic of a number of recent analyst reports. UBS Group assumed coverage on shares of Vontier in a report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price objective on the stock. Citigroup reduced their price target on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a report on Monday, January 13th. Barclays cut their target price on Vontier from $46.00 to $45.00 and set an “overweight” rating on the stock in a research report on Wednesday. Robert W. Baird raised their price target 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 shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price target on the stock in a report on Thursday, December 12th. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, Vontier currently has a consensus rating of “Moderate Buy” and a consensus price target 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.