Eubel Brady & Suttman Asset Management Inc. Boosts Stake in Vontier Co. (NYSE:VNT)

Eubel Brady & Suttman Asset Management Inc. grew its holdings in Vontier Co. (NYSE:VNT) by 0.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 459,314 shares of the company’s stock after purchasing an additional 477 shares during the period. Vontier makes up 2.2% of Eubel Brady & Suttman Asset Management Inc.’s investment portfolio, making the stock its 21st largest position. Eubel Brady & Suttman Asset Management Inc.’s holdings in Vontier were worth $16,751,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of VNT. Global X Japan Co. Ltd. lifted its position in Vontier by 137.7% in the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock valued at $27,000 after buying an additional 431 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in shares of Vontier by 2,976.5% in the 3rd quarter. International Assets Investment Management LLC now owns 1,046 shares of the company’s stock worth $35,000 after acquiring an additional 1,012 shares during the last quarter. Hazlett Burt & Watson Inc. purchased a new position in shares of Vontier during the 3rd quarter worth approximately $37,000. Wilmington Savings Fund Society FSB acquired a new stake in Vontier in the 3rd quarter valued at approximately $40,000. Finally, Covestor Ltd increased its holdings in Vontier by 37.1% in the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company’s stock valued at $49,000 after purchasing an additional 395 shares during the last quarter. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Vontier Stock Down 2.2 %

Shares of NYSE:VNT opened at $37.76 on Friday. Vontier Co. has a fifty-two week low of $31.22 and a fifty-two week high of $45.62. The firm’s 50 day moving average price is $37.67 and its 200 day moving average price is $36.27. 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 stock has a market cap of $5.61 billion, a price-to-earnings ratio of 13.73, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26.

Vontier (NYSE:VNT) last released its quarterly earnings data 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. The business had revenue of $776.80 million during the quarter. Vontier had a net margin of 14.17% and a return on equity of 43.22%. As a group, equities research analysts predict that Vontier Co. will post 3.13 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The firm also recently declared 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. This represents a $0.10 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend is Thursday, March 6th. Vontier’s dividend payout ratio (DPR) is 3.64%.

Analysts Set New Price Targets

VNT has been the topic of a number of research reports. Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price target on the stock in a research note on Thursday, December 12th. Robert W. Baird boosted their price target on shares of Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research note on Tuesday. 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. Barclays lifted their price objective on shares of Vontier from $45.00 to $46.00 and gave the company an “overweight” rating in a report on Friday, February 14th. Finally, UBS Group initiated coverage on shares of Vontier in a report on Tuesday, December 10th. They set a “buy” rating and a $47.00 target price on the stock. Two investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average price target of $45.43.

About Vontier

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.