Vontier Co. (NYSE:VNT) Shares Purchased by American Century Companies Inc.

American Century Companies Inc. raised its position in Vontier Co. (NYSE:VNT) by 1.1% during the 4th quarter, HoldingsChannel.com reports. The firm owned 39,342 shares of the company’s stock after acquiring an additional 447 shares during the period. American Century Companies Inc.’s holdings in Vontier were worth $1,435,000 at the end of the most recent quarter.

Several other hedge funds have also made changes to their positions in VNT. Geode Capital Management LLC lifted its stake in shares of Vontier by 0.7% in the 3rd quarter. Geode Capital Management LLC now owns 2,571,207 shares of the company’s stock valued at $86,776,000 after purchasing an additional 18,091 shares during the last quarter. River Road Asset Management LLC boosted its stake in Vontier by 6.2% during the fourth quarter. River Road Asset Management LLC now owns 2,502,132 shares of the company’s stock worth $91,253,000 after buying an additional 145,574 shares during the period. Bank of New York Mellon Corp increased its position in shares of Vontier by 2.1% during the fourth quarter. Bank of New York Mellon Corp now owns 1,506,595 shares of the company’s stock valued at $54,946,000 after acquiring an additional 30,362 shares during the last quarter. Charles Schwab Investment Management Inc. raised its stake in shares of Vontier by 0.4% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 1,480,343 shares of the company’s stock valued at $53,988,000 after acquiring an additional 5,355 shares during the period. Finally, Truist Financial Corp lifted its holdings in shares of Vontier by 5.4% in the 4th quarter. Truist Financial Corp now owns 1,415,317 shares of the company’s stock worth $51,617,000 after acquiring an additional 72,787 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently commented on the company. Barclays lowered their price target on Vontier from $46.00 to $45.00 and set an “overweight” rating for the company in a research report on Wednesday, March 26th. Robert W. Baird lifted their target price on Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research report on Tuesday, February 18th. Citigroup reduced their price target on shares of Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Finally, Wolfe Research upgraded shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective for the company in a report on Thursday, December 12th. Two analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $44.50.

Vontier Trading Up 11.2 %

Shares of Vontier stock opened at $31.18 on Thursday. Vontier Co. has a 12-month low of $27.22 and a 12-month high of $42.53. The stock has a market cap of $4.64 billion, a PE ratio of 11.34, a price-to-earnings-growth ratio of 1.23 and a beta of 1.28. The company has a 50-day moving average of $34.97 and a two-hundred day moving average of $36.19. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97.

Vontier (NYSE:VNT) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.80 EPS for the quarter, topping analysts’ consensus estimates of $0.79 by $0.01. The firm had revenue of $776.80 million during the quarter. Vontier had a return on equity of 43.22% and a net margin of 14.17%. On average, research analysts anticipate that Vontier Co. will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th were paid a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.32%. The ex-dividend date of this dividend was Thursday, March 6th. Vontier’s dividend payout ratio is currently 3.64%.

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.