Skylands Capital LLC trimmed its stake in shares of Vontier Co. (NYSE:VNT – Free Report) by 14.0% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 23,700 shares of the company’s stock after selling 3,850 shares during the quarter. Skylands Capital LLC’s holdings in Vontier were worth $864,000 as of its most recent SEC filing.
Other institutional investors and hedge funds have also bought and sold shares of the company. Transcend Capital Advisors LLC bought a new position in Vontier in the 4th quarter valued at approximately $222,000. Wolverine Asset Management LLC bought a new stake in Vontier during the 4th quarter worth $2,918,000. Handelsbanken Fonder AB grew its holdings in shares of Vontier by 12.6% during the fourth quarter. Handelsbanken Fonder AB now owns 43,900 shares of the company’s stock worth $1,601,000 after purchasing an additional 4,900 shares during the last quarter. Schubert & Co acquired a new position in shares of Vontier in the fourth quarter valued at approximately $250,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Vontier in the 4th quarter valued at approximately $99,000. Institutional investors own 95.83% of the company’s stock.
Vontier Price Performance
VNT stock opened at $37.76 on Monday. Vontier Co. has a 52-week low of $31.22 and a 52-week high of $45.62. The firm has a market capitalization of $5.61 billion, a price-to-earnings ratio of 13.73, a PEG ratio of 1.23 and a beta of 1.26. The firm has a 50 day moving average price of $37.67 and a 200-day moving average price of $36.32. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51.
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 of this dividend is Thursday, March 6th. This represents a $0.10 annualized dividend and a dividend yield of 0.26%. Vontier’s dividend payout ratio (DPR) is 3.64%.
Analysts Set New Price Targets
Several equities analysts have issued reports on VNT shares. Robert W. Baird boosted 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. Citigroup reduced their price target on shares of Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a report on Monday, January 13th. UBS Group initiated coverage on shares of Vontier in a research report on Tuesday, December 10th. They set a “buy” rating and a $47.00 price objective on the stock. Barclays boosted their price objective on Vontier from $45.00 to $46.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Finally, Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price on the stock in a research report on Thursday, December 12th. 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 MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $45.43.
Check Out Our Latest Analysis on VNT
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.
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