Integrated Investment Consultants LLC Purchases 8,657 Shares of Vontier Co. (NYSE:VNT)

Integrated Investment Consultants LLC boosted its position in shares of Vontier Co. (NYSE:VNT) by 14.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 67,480 shares of the company’s stock after acquiring an additional 8,657 shares during the period. Integrated Investment Consultants LLC’s holdings in Vontier were worth $2,461,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of the company. American Century Companies Inc. lifted its position in shares of Vontier by 7.4% during the 2nd quarter. American Century Companies Inc. now owns 37,874 shares of the company’s stock worth $1,447,000 after purchasing an additional 2,619 shares during the last quarter. Oppenheimer Asset Management Inc. lifted its holdings in shares of Vontier by 37.6% during the second quarter. Oppenheimer Asset Management Inc. now owns 13,373 shares of the company’s stock worth $511,000 after buying an additional 3,655 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in shares of Vontier by 6.2% in the second quarter. Envestnet Asset Management Inc. now owns 538,718 shares of the company’s stock valued at $20,579,000 after acquiring an additional 31,587 shares during the period. Massachusetts Financial Services Co. MA boosted its position in shares of Vontier by 305.1% in the second quarter. Massachusetts Financial Services Co. MA now owns 902,432 shares of the company’s stock valued at $34,473,000 after acquiring an additional 679,651 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in shares of Vontier by 12.1% in the second quarter. Dimensional Fund Advisors LP now owns 2,565,767 shares of the company’s stock worth $98,011,000 after acquiring an additional 277,389 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors.

Vontier Stock Up 0.8 %

NYSE:VNT opened at $37.51 on Friday. The stock’s fifty day simple moving average is $37.84 and its 200-day simple moving average is $36.27. The firm has a market capitalization of $5.63 billion, a P/E ratio of 14.37, a P/E/G ratio of 1.54 and a beta of 1.26. The company has a quick ratio of 1.23, a current ratio of 1.64 and a debt-to-equity ratio of 2.10. Vontier Co. has a 12-month low of $31.22 and a 12-month high of $45.62.

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

Vontier Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st were issued a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.27%. The ex-dividend date of this dividend was Thursday, November 21st. Vontier’s dividend payout ratio (DPR) is presently 3.83%.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on VNT. 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. Barclays reduced their target price on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a research note on Wednesday, January 8th. UBS Group initiated coverage on Vontier in a research note on Tuesday, December 10th. They set a “buy” rating and a $47.00 price target on the stock. Finally, Wolfe Research upgraded 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. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat.com, Vontier currently has a consensus rating of “Moderate Buy” and an average price target of $44.63.

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.