Grantham Mayo Van Otterloo & Co. LLC Makes New $214,000 Investment in Vontier Co. (NYSE:VNT)

Grantham Mayo Van Otterloo & Co. LLC bought a new stake in Vontier Co. (NYSE:VNT) in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund bought 5,873 shares of the company’s stock, valued at approximately $214,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Foundry Partners LLC raised its position in shares of Vontier by 1.9% in the 4th quarter. Foundry Partners LLC now owns 17,304 shares of the company’s stock valued at $631,000 after buying an additional 324 shares in the last quarter. Cinctive Capital Management LP acquired a new position in Vontier during the 4th quarter worth approximately $3,936,000. Kesler Norman & Wride LLC acquired a new position in Vontier during the 4th quarter worth approximately $269,000. Massachusetts Financial Services Co. MA increased its position in Vontier by 25.6% during the 4th quarter. Massachusetts Financial Services Co. MA now owns 1,194,988 shares of the company’s stock worth $43,581,000 after purchasing an additional 243,539 shares in the last quarter. Finally, Trexquant Investment LP acquired a new position in Vontier during the 4th quarter worth approximately $1,104,000. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently issued reports on the stock. Wolfe Research upgraded shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective for the company in a research report on Thursday, December 12th. Citigroup lowered their price objective on shares of Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research report on Monday, January 13th. Robert W. Baird upped 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. Finally, Barclays reduced their target price on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating on the stock in a report on Wednesday, March 26th. Two research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $44.50.

Vontier Trading Up 11.2 %

VNT opened at $31.18 on Thursday. The company’s 50 day moving average price is $34.97 and its two-hundred day moving average price is $36.19. 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 fifty-two week low of $27.22 and a fifty-two week high of $42.53. The firm has a market capitalization of $4.64 billion, a price-to-earnings ratio of 11.34, a PEG ratio of 1.23 and a beta of 1.28.

Vontier (NYSE:VNT) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.80 EPS for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. Vontier had a net margin of 14.17% and a return on equity of 43.22%. The company had revenue of $776.80 million for the quarter. As a group, research analysts predict that Vontier Co. will post 3.13 earnings per share for the current year.

Vontier Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.32%. The ex-dividend date was Thursday, March 6th. Vontier’s dividend payout ratio is currently 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.