Sequoia Financial Advisors LLC Has $2.85 Million Stock Holdings in Vontier Co. (NYSE:VNT)

Sequoia Financial Advisors LLC raised its holdings in Vontier Co. (NYSE:VNT) by 14.4% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 78,201 shares of the company’s stock after acquiring an additional 9,833 shares during the quarter. Sequoia Financial Advisors LLC owned about 0.05% of Vontier worth $2,852,000 at the end of the most recent quarter.

A number of other institutional investors have also recently added to or reduced their stakes in the business. HighTower Advisors LLC lifted its stake in Vontier by 14.4% in the fourth quarter. HighTower Advisors LLC now owns 20,881 shares of the company’s stock valued at $762,000 after acquiring an additional 2,633 shares during the last quarter. Wealthfront Advisers LLC acquired a new stake in Vontier in the fourth quarter valued at approximately $98,000. River Road Asset Management LLC lifted its stake in Vontier by 6.2% in the fourth quarter. River Road Asset Management LLC now owns 2,502,132 shares of the company’s stock valued at $91,253,000 after acquiring an additional 145,574 shares during the last quarter. King Luther Capital Management Corp lifted its stake in Vontier by 0.7% in the fourth quarter. King Luther Capital Management Corp now owns 149,816 shares of the company’s stock valued at $5,464,000 after acquiring an additional 1,033 shares during the last quarter. Finally, Zurcher Kantonalbank Zurich Cantonalbank lifted its stake in Vontier by 13.0% in the fourth quarter. Zurcher Kantonalbank Zurich Cantonalbank now owns 38,503 shares of the company’s stock valued at $1,404,000 after acquiring an additional 4,425 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

VNT has been the topic of a number of recent analyst reports. Wolfe Research raised shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price target on the stock in a research report on Thursday, December 12th. UBS Group initiated coverage on shares of Vontier in a research report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price target on the stock. Barclays lifted their price target on shares of Vontier from $45.00 to $46.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Robert W. Baird lifted their price target on shares of Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research report on Tuesday, February 18th. Finally, Citigroup dropped 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. Two analysts have rated the stock with a hold rating and five have assigned a buy rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $45.43.

Vontier Trading Down 2.2 %

Shares of VNT stock opened at $32.06 on Friday. Vontier Co. has a 1 year low of $31.22 and a 1 year high of $45.62. The firm’s fifty day simple moving average is $37.15 and its 200 day simple moving average is $36.39. The firm has a market capitalization of $4.77 billion, a P/E ratio of 11.66, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. 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 announced its quarterly earnings results on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.01. The firm had revenue of $776.80 million for the quarter. Vontier had a net margin of 14.17% and a return on equity of 43.22%. As a group, sell-side analysts predict that Vontier Co. will post 3.13 EPS for the current year.

Vontier Dividend Announcement

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

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.