New York State Common Retirement Fund Sells 14,414 Shares of Vontier Co. (NYSE:VNT)

New York State Common Retirement Fund lowered its position in Vontier Co. (NYSE:VNT) by 3.6% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 380,929 shares of the company’s stock after selling 14,414 shares during the period. New York State Common Retirement Fund owned about 0.25% of Vontier worth $13,161,000 at the end of the most recent quarter.

A number of other institutional investors have also bought and sold shares of VNT. Treasurer of the State of North Carolina boosted its stake in Vontier by 0.5% during the third quarter. Treasurer of the State of North Carolina now owns 68,343 shares of the company’s stock valued at $2,113,000 after buying an additional 340 shares during the last quarter. Citigroup Inc. raised its holdings in shares of Vontier by 1.8% during the 3rd quarter. Citigroup Inc. now owns 27,747 shares of the company’s stock worth $858,000 after acquiring an additional 494 shares in the last quarter. Arizona State Retirement System boosted its position in shares of Vontier by 1.4% during the 3rd quarter. Arizona State Retirement System now owns 44,309 shares of the company’s stock valued at $1,370,000 after acquiring an additional 603 shares during the last quarter. DekaBank Deutsche Girozentrale boosted its position in shares of Vontier by 7.7% during the 4th quarter. DekaBank Deutsche Girozentrale now owns 10,577 shares of the company’s stock valued at $360,000 after acquiring an additional 760 shares during the last quarter. Finally, CWM LLC grew its holdings in shares of Vontier by 78.9% in the fourth quarter. CWM LLC now owns 1,911 shares of the company’s stock valued at $66,000 after purchasing an additional 843 shares in the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Analyst Ratings Changes

VNT has been the topic of a number of recent research reports. UBS Group upped their price target on shares of Vontier from $42.00 to $46.00 and gave the company a “buy” rating in a research note on Friday, February 16th. Bank of America upgraded shares of Vontier from a “neutral” rating to a “buy” rating and upped their target price for the company from $37.00 to $40.00 in a research report on Thursday, January 11th. Citigroup lifted their price target on Vontier from $45.00 to $51.00 and gave the stock a “buy” rating in a research report on Monday, April 8th. The Goldman Sachs Group upped their price objective on Vontier from $37.00 to $41.00 and gave the company a “neutral” rating in a research report on Tuesday, February 20th. Finally, Argus lifted their target price on Vontier from $39.00 to $50.00 and gave the stock a “buy” rating in a report on Monday, March 18th. One equities research analyst has rated the stock with a hold rating and six have given a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $45.00.

Vontier Stock Up 0.7 %

Shares of NYSE VNT opened at $41.52 on Tuesday. Vontier Co. has a 1 year low of $26.65 and a 1 year high of $45.62. The firm has a 50-day simple moving average of $42.76 and a two-hundred day simple moving average of $36.99. The company has a market cap of $6.42 billion, a P/E ratio of 17.23, a PEG ratio of 1.20 and a beta of 1.31. The company has a debt-to-equity ratio of 2.44, a current ratio of 1.39 and a quick ratio of 1.08.

Vontier (NYSE:VNT) last issued its quarterly earnings results on Thursday, February 15th. The company reported $0.80 earnings per share for the quarter, topping the consensus estimate of $0.78 by $0.02. Vontier had a return on equity of 60.00% and a net margin of 12.18%. The firm had revenue of $789.00 million for the quarter, compared to the consensus estimate of $780.92 million. During the same period in the prior year, the business posted $0.81 earnings per share. The company’s revenue for the quarter was down 9.5% on a year-over-year basis. Research analysts anticipate that Vontier Co. will post 3.15 earnings per share for the current year.

Vontier Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, March 28th. Stockholders of record on Thursday, March 7th were paid a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.24%. The ex-dividend date of this dividend was Wednesday, March 6th. Vontier’s dividend payout ratio is currently 4.15%.

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.