New York State Common Retirement Fund Has $12.43 Million Position in Vontier Co. (NYSE:VNT)

New York State Common Retirement Fund trimmed its position in Vontier Co. (NYSE:VNT) by 0.1% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 340,755 shares of the company’s stock after selling 331 shares during the period. New York State Common Retirement Fund’s holdings in Vontier were worth $12,427,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Blue Trust Inc. raised its holdings in Vontier by 10.9% in the third quarter. Blue Trust Inc. now owns 4,171 shares of the company’s stock worth $141,000 after purchasing an additional 410 shares during the period. Raymond James & Associates increased its position in shares of Vontier by 15.7% in the 3rd quarter. Raymond James & Associates now owns 234,891 shares of the company’s stock valued at $7,925,000 after buying an additional 31,952 shares in the last quarter. International Assets Investment Management LLC raised its stake in 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 buying an additional 1,012 shares during the period. State of Alaska Department of Revenue lifted its holdings in Vontier by 2.3% during the third quarter. State of Alaska Department of Revenue now owns 408,390 shares of the company’s stock worth $13,778,000 after acquiring an additional 9,210 shares in the last quarter. Finally, Klein Pavlis & Peasley Financial Inc. raised its position in shares of Vontier by 3.8% during the third quarter. Klein Pavlis & Peasley Financial Inc. now owns 35,300 shares of the company’s stock worth $1,191,000 after purchasing an additional 1,300 shares during the period. Institutional investors own 95.83% of the company’s stock.

Vontier Trading Up 0.6 %

Shares of NYSE:VNT opened at $37.93 on Tuesday. The stock has a market capitalization of $5.64 billion, a PE ratio of 13.79, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. The company’s 50-day moving average price is $37.64 and its two-hundred day moving average price is $36.35. 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 one year low of $31.22 and a one year high of $45.62.

Vontier (NYSE:VNT) last issued 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. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The firm had revenue of $776.80 million during the quarter. On average, equities analysts forecast that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.025 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.26%. Vontier’s payout ratio is 3.64%.

Wall Street Analysts Forecast Growth

Several brokerages recently issued reports on VNT. Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price for the company in a research note on Thursday, December 12th. Robert W. Baird increased their price objective 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. UBS Group started coverage on shares of Vontier in a report on Tuesday, December 10th. They set a “buy” rating and a $47.00 price objective on the stock. Citigroup reduced their target price on shares of Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, January 13th. Finally, Barclays lifted their price target on Vontier from $45.00 to $46.00 and gave the company an “overweight” rating in a research note on Friday, February 14th. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $45.43.

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.