Mutual of America Capital Management LLC Has $6.36 Million Holdings in Vontier Co. (NYSE:VNT)

Mutual of America Capital Management LLC trimmed its holdings in Vontier Co. (NYSE:VNT) by 13.0% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 174,313 shares of the company’s stock after selling 26,088 shares during the period. Mutual of America Capital Management LLC owned 0.12% of Vontier worth $6,357,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also made changes to their positions in the company. Covestor Ltd raised its holdings in Vontier by 37.1% in the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company’s stock valued at $49,000 after acquiring an additional 395 shares in the last quarter. TD Private Client Wealth LLC raised its stake in Vontier by 9.7% in the third quarter. TD Private Client Wealth LLC now owns 4,557 shares of the company’s stock valued at $154,000 after purchasing an additional 404 shares in the last quarter. Global X Japan Co. Ltd. grew its stake in Vontier by 137.7% during the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock worth $27,000 after buying an additional 431 shares in the last quarter. National Bank of Canada FI grew its stake in Vontier by 12.5% during the third quarter. National Bank of Canada FI now owns 4,345 shares of the company’s stock worth $147,000 after buying an additional 482 shares in the last quarter. Finally, Principal Securities Inc. raised its position in shares of Vontier by 12.8% in the 4th quarter. Principal Securities Inc. now owns 4,636 shares of the company’s stock valued at $169,000 after buying an additional 526 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several analysts recently issued reports on VNT shares. Barclays increased their price target on shares of Vontier from $45.00 to $46.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Robert W. Baird lifted their price target on Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research note on Tuesday, February 18th. UBS Group initiated coverage on Vontier in a report on Tuesday, December 10th. They set a “buy” rating and a $47.00 price target for the company. Citigroup reduced 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. Finally, 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. Two research analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $45.43.

Vontier Stock Performance

NYSE:VNT opened at $36.18 on Tuesday. The stock’s 50-day moving average is $37.67 and its 200-day moving average is $36.48. Vontier Co. has a 1-year low of $31.22 and a 1-year high of $45.62. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97. The stock has a market cap of $5.38 billion, a P/E ratio of 13.16, 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 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The company had revenue of $776.80 million for the quarter. Vontier had a net margin of 14.17% and a return on equity of 43.22%. Equities research analysts anticipate that Vontier Co. will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be given a dividend of $0.025 per share. The ex-dividend date is Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.28%. Vontier’s dividend payout ratio (DPR) is 3.64%.

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.