Vontier Co. (NYSE:VNT) Shares Bought by River Road Asset Management LLC

River Road Asset Management LLC boosted its stake in shares of Vontier Co. (NYSE:VNT) by 21.4% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 2,356,558 shares of the company’s stock after acquiring an additional 415,750 shares during the period. Vontier comprises about 1.0% of River Road Asset Management LLC’s holdings, making the stock its 29th biggest holding. River Road Asset Management LLC owned 1.53% of Vontier worth $79,510,000 as of its most recent filing with the SEC.

A number of other large investors also recently added to or reduced their stakes in the stock. ORG Partners LLC acquired a new stake in shares of Vontier in the first quarter valued at about $35,000. International Assets Investment Management LLC raised its position in shares of Vontier by 2,976.5% in the third quarter. International Assets Investment Management LLC now owns 1,046 shares of the company’s stock valued at $35,000 after buying an additional 1,012 shares during the last quarter. Hazlett Burt & Watson Inc. acquired a new stake in shares of Vontier in the third quarter valued at about $37,000. Ashton Thomas Private Wealth LLC acquired a new stake in shares of Vontier in the second quarter valued at about $44,000. Finally, Headlands Technologies LLC acquired a new stake in shares of Vontier in the first quarter valued at about $46,000. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on VNT shares. Evercore ISI reduced their target price 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 shares of Vontier from $44.00 to $42.00 and set a “neutral” rating for the company in a research report on Friday, August 2nd. Argus lowered shares of Vontier from a “buy” rating to a “hold” rating in a report on Tuesday, August 20th. Finally, Barclays upped 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. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, Vontier has a consensus rating of “Moderate Buy” and a consensus target price of $44.50.

Vontier Trading Down 2.0 %

NYSE VNT opened at $36.32 on Tuesday. The firm has a 50 day simple moving average of $33.99 and a 200-day simple moving average of $36.88. The company has a debt-to-equity ratio of 2.10, a quick ratio of 1.23 and a current ratio of 1.64. Vontier Co. has a one year low of $31.22 and a one year high of $45.62. The firm has a market cap of $5.46 billion, a price-to-earnings ratio of 13.92, a PEG ratio of 1.73 and a beta of 1.25.

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

Vontier Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Investors of record on Thursday, September 5th were issued a $0.025 dividend. The ex-dividend date of this dividend was Thursday, September 5th. This represents a $0.10 annualized dividend and a yield of 0.28%. Vontier’s dividend payout ratio (DPR) is 3.83%.

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.