2 weeks Ago By ABMN Staff
American Century Companies Inc. boosted its position in shares of Vontier Co. ( NYSE:VNT – Free Report ) by 7.
4% during the 2nd quarter, according to its most recent 13F filing with the SEC. The fund owned 37,874 shares of the company’s stock after purchasing an additional 2,619 shares during the quarter. American Century Companies Inc.
’s holdings in Vontier were worth $1,447,000 at the end of the most recent reporting period. A number of other institutional investors and hedge funds have also bought and sold shares of VNT. Rise Advisors LLC bought a new position in shares of Vontier during the 1st quarter valued at $27,000.
Opal Wealth Advisors LLC purchased a new stake in Vontier during the first quarter valued at $30,000. Riverview Trust Co bought a new position in Vontier in the first quarter valued at about $33,000. ORG Partners LLC bought a new position in Vontier in the first quarter valued at about $35,000.
Finally, Ashton Thomas Private Wealth LLC purchased a new position in Vontier in the second quarter worth about $44,000. 95.83% of the stock is currently owned by institutional investors.
Analyst Ratings Changes Several equities analysts have recently weighed in on the stock. Barclays lowered their price objective on shares of Vontier from $50.00 to $44.
00 and set an “overweight” rating on the stock in a research note on Monday, August 5th. Argus downgraded shares of Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, August 20th. Evercore ISI dropped their price target 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, Robert W.
Baird reduced their price objective on Vontier from $44.00 to $42.00 and set a “neutral” rating for the company in a research note on Friday, August 2nd.
Three analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to data from MarketBeat.com, Vontier currently has a consensus rating of “Moderate Buy” and an average price target of $44.
25. Vontier Trading Up 1.3 % Shares of NYSE:VNT opened at $33.
88 on Monday. The company has a market capitalization of $5.23 billion, a PE ratio of 12.
28, a P/E/G ratio of 1.46 and a beta of 1.28.
The company has a current ratio of 1.69, a quick ratio of 1.26 and a debt-to-equity ratio of 2.
14. Vontier Co. has a 12-month low of $28.
84 and a 12-month high of $45.62. The business’s fifty day simple moving average is $34.
54 and its 200-day simple moving average is $38.50. Vontier ( NYSE:VNT – Get Free Report ) last posted its earnings results on Thursday, August 1st.
The company reported $0.63 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.71 by ($0.
08). The company had revenue of $696.40 million during the quarter, compared to analysts’ expectations of $746.
43 million. Vontier had a net margin of 13.43% and a return on equity of 49.
17%. Vontier’s revenue for the quarter was down 8.9% on a year-over-year basis.
During the same quarter last year, the firm earned $0.67 EPS. As a group, equities research analysts predict that Vontier Co.
will post 2.88 earnings per share for the current fiscal year. Vontier Announces Dividend The company also recently announced a quarterly dividend, which was paid on Thursday, September 26th.
Investors of record on Thursday, September 5th were given a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, September 5th.
This represents a $0.10 dividend on an annualized basis and a yield of 0.30%.
Vontier’s payout ratio is 3.62%. Vontier Company Profile ( Free Report ) 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. See Also Want to see what other hedge funds are holding VNT? Visit HoldingsChannel.
com to get the latest 13F filings and insider trades for Vontier Co. ( NYSE:VNT – Free Report ). Receive News & Ratings for Vontier Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vontier and related companies with MarketBeat.
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