Vontier Co. (NYSE:VNT) Shares Purchased by Charles Schwab Investment Management Inc.

Charles Schwab Investment Management Inc. raised its stake in Vontier Co. (NYSE:VNT) by 0.4% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,480,343 shares of the company’s stock after buying an additional 5,355 shares during the quarter. Charles Schwab Investment Management Inc.’s holdings in Vontier were worth $53,988,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently bought and sold shares of the business. Jones Financial Companies Lllp boosted its holdings in shares of Vontier by 12.2% in the fourth quarter. Jones Financial Companies Lllp now owns 5,987 shares of the company’s stock valued at $218,000 after acquiring an additional 652 shares during the period. Bailard Inc. lifted its stake in shares of Vontier by 0.6% in the 4th quarter. Bailard Inc. now owns 61,207 shares of the company’s stock valued at $2,232,000 after purchasing an additional 356 shares in the last quarter. US Bancorp DE lifted its position in Vontier by 21.7% during the 4th quarter. US Bancorp DE now owns 18,019 shares of the company’s stock worth $657,000 after acquiring an additional 3,216 shares in the last quarter. Proficio Capital Partners LLC purchased a new stake in Vontier during the 4th quarter worth approximately $508,000. Finally, Oppenheimer Asset Management Inc. increased its holdings in shares of Vontier by 48.1% in the 4th quarter. Oppenheimer Asset Management Inc. now owns 24,342 shares of the company’s stock valued at $888,000 after acquiring an additional 7,909 shares during the last quarter. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Vontier Price Performance

NYSE VNT opened at $32.06 on Friday. The company has a market cap of $4.77 billion, a PE ratio of 11.66, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. Vontier Co. has a 52 week low of $31.22 and a 52 week high of $45.62. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97. The firm’s 50-day simple moving average is $37.15 and its two-hundred day simple moving average is $36.39.

Vontier (NYSE:VNT) last issued its earnings results on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.01. Vontier had a net margin of 14.17% and a return on equity of 43.22%. The firm had revenue of $776.80 million for the quarter. Research analysts predict that Vontier Co. will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be issued a $0.025 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.10 annualized dividend and a yield of 0.31%. Vontier’s payout ratio is 3.64%.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. Barclays upped their price objective on Vontier from $45.00 to $46.00 and gave the stock an “overweight” rating in a research note on Friday, February 14th. Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price target for the company in a research note on Thursday, December 12th. Citigroup decreased their target price on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, January 13th. UBS Group assumed coverage on shares of Vontier in a research note on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price objective for the company. Finally, Robert W. Baird raised their price target on Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a report on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $45.43.

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.