O Brien Greene & Co. Inc Increases Stake in Vontier Co. (NYSE:VNT)

O Brien Greene & Co. Inc lifted its stake in shares of Vontier Co. (NYSE:VNT) by 0.8% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 172,274 shares of the company’s stock after acquiring an additional 1,433 shares during the period. Vontier accounts for about 2.1% of O Brien Greene & Co. Inc’s investment portfolio, making the stock its 21st largest position. O Brien Greene & Co. Inc owned 0.11% of Vontier worth $5,952,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of VNT. Treasurer of the State of North Carolina raised its holdings in Vontier by 0.5% in 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 period. Citigroup Inc. raised its holdings in Vontier by 1.8% in the third quarter. Citigroup Inc. now owns 27,747 shares of the company’s stock valued at $858,000 after buying an additional 494 shares during the period. Arizona State Retirement System raised its holdings in Vontier by 1.4% in the third quarter. Arizona State Retirement System now owns 44,309 shares of the company’s stock valued at $1,370,000 after buying an additional 603 shares during the period. DekaBank Deutsche Girozentrale raised its holdings in Vontier by 7.7% in the fourth quarter. DekaBank Deutsche Girozentrale now owns 10,577 shares of the company’s stock valued at $360,000 after buying an additional 760 shares during the period. Finally, CWM LLC raised its holdings in 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 buying an additional 843 shares during the period. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on VNT. UBS Group raised their price target on shares of Vontier from $42.00 to $46.00 and gave the company a “buy” rating in a report on Friday, February 16th. Bank of America upgraded shares of Vontier from a “neutral” rating to a “buy” rating and raised their price target for the company from $37.00 to $40.00 in a report on Thursday, January 11th. Citigroup boosted their target price on shares of Vontier from $45.00 to $51.00 and gave the stock a “buy” rating in a research report on Monday, April 8th. Evercore ISI raised their price target on shares of Vontier from $40.00 to $47.00 and gave the company an “outperform” rating in a report on Tuesday, February 20th. Finally, The Goldman Sachs Group boosted their price objective on shares of Vontier from $37.00 to $41.00 and gave the stock a “neutral” rating in a report on Tuesday, February 20th. One equities research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. According to data from MarketBeat.com, Vontier currently has a consensus rating of “Moderate Buy” and an average target price of $45.00.

Vontier Trading Up 1.1 %

NYSE VNT opened at $41.22 on Friday. The company has a market capitalization of $6.37 billion, a price-to-earnings ratio of 17.10, a price-to-earnings-growth ratio of 1.19 and a beta of 1.31. The company’s fifty day moving average price is $42.75 and its two-hundred day moving average price is $36.84. 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 Co. has a 12 month low of $26.28 and a 12 month high of $45.62.

Vontier (NYSE:VNT) last released its quarterly earnings data on Thursday, February 15th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.78 by $0.02. The firm had revenue of $789.00 million during the quarter, compared to analysts’ expectations of $780.92 million. Vontier had a return on equity of 60.00% and a net margin of 12.18%. The business’s revenue for the quarter was down 9.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.81 earnings per share. As a group, research analysts predict that Vontier Co. will post 3.15 earnings per share for the current fiscal year.

Vontier Announces Dividend

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