Thompson Siegel & Walmsley LLC Sells 11,995 Shares of Vontier Co. (NYSE:VNT)

Thompson Siegel & Walmsley LLC cut its position in shares of Vontier Co. (NYSE:VNT) by 0.6% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,839,036 shares of the company’s stock after selling 11,995 shares during the quarter. Thompson Siegel & Walmsley LLC owned about 1.22% of Vontier worth $67,070,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of VNT. Atria Investments Inc increased its position in shares of Vontier by 5.4% during the third quarter. Atria Investments Inc now owns 14,083 shares of the company’s stock worth $475,000 after buying an additional 718 shares during the period. Covestor Ltd increased its position in shares of Vontier by 37.1% during the third quarter. Covestor Ltd now owns 1,461 shares of the company’s stock worth $49,000 after buying an additional 395 shares during the period. Aigen Investment Management LP acquired a new stake in shares of Vontier during the third quarter worth $1,090,000. MQS Management LLC acquired a new stake in shares of Vontier during the third quarter worth $322,000. Finally, Oppenheimer Asset Management Inc. increased its position in shares of Vontier by 22.9% during the third quarter. Oppenheimer Asset Management Inc. now owns 16,433 shares of the company’s stock worth $554,000 after buying an additional 3,060 shares during the period. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the stock. Barclays increased their price objective 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. 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. Wolfe Research upgraded shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price target for the company in a report on Thursday, December 12th. Robert W. Baird raised their price target on shares of Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a report on Tuesday, February 18th. Finally, UBS Group began coverage on shares of Vontier in a report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price target for the company. Two investment analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $45.43.

Vontier Stock Up 0.7 %

VNT opened at $32.81 on Thursday. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. The company’s 50-day moving average is $37.23 and its 200 day moving average is $36.42. Vontier Co. has a fifty-two week low of $31.22 and a fifty-two week high of $45.62. The firm has a market capitalization of $4.88 billion, a P/E ratio of 11.93, a PEG ratio of 1.23 and a beta of 1.26.

Vontier (NYSE:VNT) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.80 earnings per share 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. Research analysts expect that Vontier Co. will post 3.13 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.30%. The ex-dividend date is Thursday, March 6th. Vontier’s dividend payout ratio 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.