Vontier Co. (NYSE:VNT) Stock Holdings Increased by Natixis Advisors LLC

Natixis Advisors LLC grew its holdings in shares of Vontier Co. (NYSE:VNT) by 3.6% in the third quarter, HoldingsChannel reports. The fund owned 117,064 shares of the company’s stock after buying an additional 4,116 shares during the period. Natixis Advisors LLC’s holdings in Vontier were worth $3,950,000 as of its most recent filing with the SEC.

A number of other large investors also recently modified their holdings of VNT. International Assets Investment Management LLC boosted its stake in shares of Vontier by 2,976.5% during the 3rd quarter. International Assets Investment Management LLC now owns 1,046 shares of the company’s stock worth $35,000 after acquiring an additional 1,012 shares in the last quarter. Hazlett Burt & Watson Inc. purchased a new stake in shares of Vontier during the third quarter valued at $37,000. Ashton Thomas Private Wealth LLC acquired a new position in shares of Vontier in the 2nd quarter valued at $44,000. Covestor Ltd raised its holdings in Vontier by 37.1% during the 3rd 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, Fifth Third Bancorp boosted its holdings in shares of Vontier by 32.0% in the second quarter. Fifth Third Bancorp now owns 3,245 shares of the company’s stock worth $124,000 after buying an additional 786 shares during the period. 95.83% of the stock is owned by institutional investors and hedge funds.

Vontier Trading Up 1.4 %

Vontier stock opened at $38.84 on Friday. Vontier Co. has a 12 month low of $31.22 and a 12 month 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. The stock has a market cap of $5.83 billion, a P/E ratio of 14.88, a P/E/G ratio of 1.79 and a beta of 1.25. The company’s fifty day simple moving average is $35.48 and its 200-day simple moving average is $36.74.

Vontier (NYSE:VNT) last issued its earnings results on Thursday, October 31st. The company reported $0.73 EPS for the quarter, beating 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 business’s quarterly revenue was down 2.0% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.73 earnings per share. As a group, sell-side analysts forecast 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 issued a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.26%. Vontier’s dividend payout ratio is currently 3.83%.

Wall Street Analyst Weigh In

VNT has been the subject of several research analyst reports. Evercore ISI reduced their price target on shares of Vontier from $45.00 to $40.00 and set an “outperform” rating for the company in a research report on Monday, August 19th. Robert W. Baird reduced their target price on Vontier from $44.00 to $42.00 and set a “neutral” rating for the company in a report on Friday, August 2nd. Argus downgraded Vontier from a “buy” rating to a “hold” rating in a report on Tuesday, August 20th. Finally, Barclays increased their price objective on Vontier from $44.00 to $46.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $44.50.

About Vontier

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.