Fox Run Management L.L.C. Buys New Holdings in Vontier Co. (NYSE:VNT)

Fox Run Management L.L.C. bought a new stake in Vontier Co. (NYSE:VNT) during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm bought 20,019 shares of the company’s stock, valued at approximately $730,000.

Several other hedge funds have also recently added to or reduced their stakes in the company. KLP Kapitalforvaltning AS acquired a new stake in Vontier in the fourth quarter valued at approximately $1,145,000. Sei Investments Co. raised its holdings in Vontier by 17.2% in the fourth quarter. Sei Investments Co. now owns 238,606 shares of the company’s stock valued at $8,702,000 after acquiring an additional 34,996 shares in the last quarter. American Century Companies Inc. raised its holdings in Vontier by 1.1% during the fourth quarter. American Century Companies Inc. now owns 39,342 shares of the company’s stock worth $1,435,000 after purchasing an additional 447 shares in the last quarter. Magnetar Financial LLC acquired a new stake in Vontier during the fourth quarter worth approximately $528,000. Finally, Teacher Retirement System of Texas raised its holdings in Vontier by 81.5% during the fourth quarter. Teacher Retirement System of Texas now owns 72,960 shares of the company’s stock worth $2,661,000 after purchasing an additional 32,764 shares in the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Stock Performance

Shares of VNT opened at $33.69 on Monday. The company has a current ratio of 1.51, a quick ratio of 1.14 and a debt-to-equity ratio of 1.97. The firm has a market cap of $5.01 billion, a PE ratio of 12.25, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. The company’s 50 day simple moving average is $36.82 and its 200-day simple moving average is $36.38. Vontier Co. has a 12-month low of $31.22 and a 12-month high of $45.62.

Vontier (NYSE:VNT) last posted its quarterly earnings data on Thursday, February 13th. The company reported $0.80 earnings per share for the quarter, beating analysts’ consensus estimates 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. As a group, equities analysts predict that Vontier Co. will post 3.13 EPS for the current year.

Vontier Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 27th. Investors of record on Thursday, March 6th will be given a $0.025 dividend. The ex-dividend date of this dividend is Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a yield of 0.30%. Vontier’s dividend payout ratio (DPR) is 3.64%.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Robert W. Baird raised their price objective on shares of Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a report on Tuesday, February 18th. Wolfe Research raised shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective on the stock in a report on Thursday, December 12th. Barclays raised their price objective on shares of Vontier from $45.00 to $46.00 and gave the stock an “overweight” rating in a report on Friday, February 14th. UBS Group assumed coverage on shares of Vontier in a report on Tuesday, December 10th. They set a “buy” rating and a $47.00 price objective on the stock. Finally, Citigroup cut their price objective on shares of Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Two investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. Based on data from MarketBeat, Vontier has an average rating of “Moderate Buy” and a consensus target price of $44.67.

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.