Whittier Trust Co. of Nevada Inc. Sells 313 Shares of Vontier Co. (NYSE:VNT)

Whittier Trust Co. of Nevada Inc. trimmed its position in shares of Vontier Co. (NYSE:VNT) by 6.0% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 4,916 shares of the company’s stock after selling 313 shares during the quarter. Whittier Trust Co. of Nevada Inc.’s holdings in Vontier were worth $179,000 as of its most recent SEC filing.

A number of other hedge funds have also recently made changes to their positions in the company. Geode Capital Management LLC boosted its stake in shares of Vontier by 0.7% during the third quarter. Geode Capital Management LLC now owns 2,571,207 shares of the company’s stock valued at $86,776,000 after purchasing an additional 18,091 shares in the last quarter. River Road Asset Management LLC boosted its stake in shares of Vontier by 6.2% during the fourth quarter. River Road Asset Management LLC now owns 2,502,132 shares of the company’s stock valued at $91,253,000 after purchasing an additional 145,574 shares in the last quarter. Bank of New York Mellon Corp boosted its stake in shares of Vontier by 2.1% during the fourth quarter. Bank of New York Mellon Corp now owns 1,506,595 shares of the company’s stock valued at $54,946,000 after purchasing an additional 30,362 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its stake in shares of Vontier by 0.4% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,480,343 shares of the company’s stock valued at $53,988,000 after purchasing an additional 5,355 shares in the last quarter. Finally, Truist Financial Corp boosted its stake in shares of Vontier by 5.4% during the fourth quarter. Truist Financial Corp now owns 1,415,317 shares of the company’s stock valued at $51,617,000 after purchasing an additional 72,787 shares in the last quarter. 95.83% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the company. Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price target on the stock in a research note on Thursday, December 12th. UBS Group began coverage on Vontier in a research note on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price objective on the stock. Robert W. Baird lifted their price objective on Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 18th. Barclays lifted their price objective on Vontier from $45.00 to $46.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Finally, Citigroup cut their price objective on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research note on Monday, January 13th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Vontier presently has an average rating of “Moderate Buy” and an average target price of $44.67.

Vontier Price Performance

Shares of VNT opened at $33.69 on Monday. Vontier Co. has a 52-week low of $31.22 and a 52-week high of $45.62. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51. The business’s 50 day moving average price is $36.82 and its two-hundred day moving average price is $36.38. The firm has a market cap of $5.01 billion, a PE ratio of 12.25, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26.

Vontier (NYSE:VNT) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.01. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The firm had revenue of $776.80 million for the quarter. On average, equities analysts anticipate that Vontier Co. will post 3.13 EPS for the current year.

Vontier Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a dividend of $0.025 per share. The ex-dividend date is Thursday, March 6th. This represents a $0.10 annualized dividend and a dividend yield of 0.30%. Vontier’s dividend payout ratio is 3.64%.

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.