Vontier Co. (NYSE:VNT) Shares Bought by Natixis Advisors LLC

Natixis Advisors LLC boosted its holdings in Vontier Co. (NYSE:VNT) by 3.6% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 117,064 shares of the company’s stock after buying an additional 4,116 shares during the period. Natixis Advisors LLC owned approximately 0.08% of Vontier worth $3,950,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Covestor Ltd raised its stake in shares of Vontier by 37.1% during the third quarter. Covestor Ltd now owns 1,461 shares of the company’s stock valued at $49,000 after purchasing an additional 395 shares during the period. Blue Trust Inc. increased its stake in Vontier by 10.9% during the 3rd quarter. Blue Trust Inc. now owns 4,171 shares of the company’s stock worth $141,000 after buying an additional 410 shares during the period. Ritholtz Wealth Management lifted its holdings in Vontier by 3.3% in the 2nd quarter. Ritholtz Wealth Management now owns 13,129 shares of the company’s stock worth $502,000 after buying an additional 420 shares in the last quarter. Benjamin Edwards Inc. boosted its position in Vontier by 6.2% in the 2nd quarter. Benjamin Edwards Inc. now owns 7,729 shares of the company’s stock valued at $295,000 after buying an additional 448 shares during the last quarter. Finally, Creative Planning grew its stake in shares of Vontier by 2.8% during the second quarter. Creative Planning now owns 17,918 shares of the company’s stock valued at $684,000 after acquiring an additional 491 shares in the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Stock Performance

Vontier stock opened at $38.84 on Friday. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.64 and a quick ratio of 1.23. Vontier Co. has a 12 month low of $31.22 and a 12 month high of $45.62. The company has a fifty day moving average price of $35.48 and a two-hundred day moving average price of $36.74. The company has a market cap of $5.83 billion, a PE ratio of 14.88, a P/E/G ratio of 1.79 and a beta of 1.25.

Vontier (NYSE:VNT) last posted its quarterly earnings results on Thursday, October 31st. The company reported $0.73 EPS for the quarter, beating the consensus estimate of $0.69 by $0.04. The business had revenue of $750.00 million during the quarter, compared to analyst estimates of $729.23 million. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The company’s quarterly revenue was down 2.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.73 EPS. Research analysts expect that Vontier Co. will post 2.89 earnings per share for the current year.

Vontier Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be given a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.26%. The ex-dividend date is Thursday, November 21st. Vontier’s payout ratio is 3.83%.

Analysts Set New Price Targets

A number of brokerages recently commented on VNT. Robert W. Baird reduced their price target on Vontier from $44.00 to $42.00 and set a “neutral” rating for the company in a report on Friday, August 2nd. Argus lowered shares of Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, August 20th. Evercore ISI reduced their price objective on shares of Vontier from $45.00 to $40.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Finally, Barclays raised their price objective on shares of Vontier from $44.00 to $46.00 and gave the stock an “overweight” rating in a report on Tuesday, November 5th. Three investment analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $44.50.

About Vontier

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.