Integrated Investment Consultants LLC Buys 1,962 Shares of Vontier Co. (NYSE:VNT)

Integrated Investment Consultants LLC increased its stake in Vontier Co. (NYSE:VNT) by 3.5% during the third quarter, according to its most recent Form 13F filing with the SEC. The firm owned 58,823 shares of the company’s stock after purchasing an additional 1,962 shares during the period. Integrated Investment Consultants LLC’s holdings in Vontier were worth $1,985,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Dimensional Fund Advisors LP boosted its position in shares of Vontier by 12.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,565,767 shares of the company’s stock worth $98,011,000 after acquiring an additional 277,389 shares in the last quarter. Mackenzie Financial Corp raised its holdings in shares of Vontier by 9.8% during the 2nd quarter. Mackenzie Financial Corp now owns 2,541,319 shares of the company’s stock worth $97,078,000 after buying an additional 227,388 shares in the last quarter. River Road Asset Management LLC raised its holdings in shares of Vontier by 21.4% during the 3rd quarter. River Road Asset Management LLC now owns 2,356,558 shares of the company’s stock worth $79,510,000 after buying an additional 415,750 shares in the last quarter. Thompson Siegel & Walmsley LLC lifted its position in shares of Vontier by 2.3% during the 2nd quarter. Thompson Siegel & Walmsley LLC now owns 1,943,778 shares of the company’s stock worth $74,252,000 after buying an additional 44,254 shares during the last quarter. Finally, LSV Asset Management boosted its stake in Vontier by 3.7% in the second quarter. LSV Asset Management now owns 1,716,847 shares of the company’s stock valued at $65,584,000 after buying an additional 61,526 shares in the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Stock Up 0.8 %

Shares of VNT opened at $37.39 on Thursday. The stock’s 50-day moving average price is $35.25 and its two-hundred day moving average price is $36.77. Vontier Co. has a 12 month low of $31.22 and a 12 month high of $45.62. The company has a market capitalization of $5.62 billion, a PE ratio of 14.33, a PEG ratio of 1.73 and a beta of 1.25. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 2.10.

Vontier (NYSE:VNT) last released its earnings results on Thursday, October 31st. The company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.04. The business 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 company’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.73 EPS. On average, analysts anticipate that Vontier Co. will post 2.89 EPS for the current year.

Vontier Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be paid a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date of this dividend is Thursday, November 21st. Vontier’s dividend payout ratio is presently 3.83%.

Analyst Ratings Changes

A number of research firms have recently commented on VNT. Barclays increased their target price on shares of Vontier from $44.00 to $46.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. Robert W. Baird dropped their price target on Vontier from $44.00 to $42.00 and set a “neutral” rating for the company in a research note on Friday, August 2nd. Argus downgraded Vontier from a “buy” rating to a “hold” rating in a report on Tuesday, August 20th. Finally, Evercore ISI lowered their target price on Vontier from $45.00 to $40.00 and set an “outperform” rating for the company in a report on Monday, August 19th. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target 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.