Cwm LLC lessened its stake in shares of Vontier Corporation (NYSE:VNT – Free Report) by 55.7% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 16,735 shares of the company’s stock after selling 21,078 shares during the quarter. Cwm LLC’s holdings in Vontier were worth $622,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Quent Capital LLC purchased a new stake in shares of Vontier during the third quarter worth approximately $37,000. Allworth Financial LP raised its stake in shares of Vontier by 212.9% during the third quarter. Allworth Financial LP now owns 948 shares of the company’s stock worth $40,000 after purchasing an additional 645 shares during the last quarter. Employees Retirement System of Texas purchased a new stake in shares of Vontier during the third quarter worth approximately $58,000. Farther Finance Advisors LLC raised its stake in shares of Vontier by 22.5% during the third quarter. Farther Finance Advisors LLC now owns 1,850 shares of the company’s stock worth $78,000 after purchasing an additional 340 shares during the last quarter. Finally, Quarry LP raised its stake in shares of Vontier by 5,897.1% during the third quarter. Quarry LP now owns 2,099 shares of the company’s stock worth $88,000 after purchasing an additional 2,064 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.
Vontier Stock Up 3.4%
VNT opened at $35.89 on Friday. The company has a quick ratio of 0.90, a current ratio of 1.16 and a debt-to-equity ratio of 1.27. The firm has a market cap of $5.06 billion, a P/E ratio of 13.00, a PEG ratio of 1.33 and a beta of 1.32. Vontier Corporation has a 52 week low of $32.03 and a 52 week high of $48.20. The business’s fifty day simple moving average is $37.22 and its 200 day simple moving average is $37.96.
Vontier Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were paid a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, March 5th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. Vontier’s dividend payout ratio (DPR) is presently 3.62%.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on the company. Wall Street Zen upgraded Vontier from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. KeyCorp increased their price objective on Vontier from $45.00 to $50.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Weiss Ratings cut Vontier from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Monday, April 6th. Robert W. Baird cut their price objective on Vontier from $47.00 to $43.00 and set a “neutral” rating for the company in a research report on Monday, March 30th. Finally, Barclays cut their price objective on Vontier from $55.00 to $50.00 and set an “overweight” rating for the company in a research report on Wednesday, April 1st. Six equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $46.50.
Read Our Latest Analysis on VNT
Vontier Company Profile
Vontier is a global industrial technology company focused on advancing mobility infrastructure and transportation solutions. Established as a standalone public company in October 2020 through the spin-off of Fortive’s mobility and transportation platforms, Vontier is headquartered in Raleigh, North Carolina. The company’s mission centers on delivering innovative products and services that help customers meet evolving demands in fuel retail, fleet management, and automotive service.
The company’s diversified portfolio spans several well-known brands.
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