Loomis Sayles & Co. L P Has $38.92 Million Holdings in Vontier Co. (NYSE:VNT)

Loomis Sayles & Co. L P decreased its stake in Vontier Co. (NYSE:VNT) by 0.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,067,146 shares of the company’s stock after selling 1,706 shares during the quarter. Loomis Sayles & Co. L P owned approximately 0.71% of Vontier worth $38,919,000 at the end of the most recent quarter.

Several other institutional investors have also bought and sold shares of the stock. Global X Japan Co. Ltd. lifted its holdings in shares of Vontier by 137.7% during the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock valued at $27,000 after acquiring an additional 431 shares during the period. Wilmington Savings Fund Society FSB bought a new position in Vontier during the 3rd quarter valued at about $40,000. Farther Finance Advisors LLC boosted its position in Vontier by 44.5% in the fourth quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company’s stock valued at $83,000 after buying an additional 700 shares in the last quarter. Wealthfront Advisers LLC bought a new stake in Vontier during the fourth quarter worth about $98,000. Finally, C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in shares of Vontier during the fourth quarter worth approximately $99,000. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Stock Performance

Shares of NYSE:VNT opened at $33.54 on Friday. 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 Co. has a 1-year low of $31.22 and a 1-year high of $45.62. The stock has a market capitalization of $4.99 billion, a P/E ratio of 12.19, a P/E/G ratio of 1.23 and a beta of 1.26. The business has a 50-day moving average price of $36.63 and a two-hundred day moving average price of $36.36.

Vontier (NYSE:VNT) last posted its quarterly earnings results on Thursday, February 13th. The company reported $0.80 earnings per share for the quarter, topping 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 business had revenue of $776.80 million during the quarter. Equities analysts predict that Vontier Co. will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

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

Wall Street Analyst Weigh In

VNT has been the topic of a number of research analyst reports. Barclays decreased their price target on Vontier from $46.00 to $45.00 and set an “overweight” rating on the stock in a research report on Wednesday. Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price for the company in a research note on Thursday, December 12th. 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. 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 objective for the company. Finally, Robert W. Baird upped their target price on shares of Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 18th. Two analysts have rated the stock with a hold rating and five have given a buy rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $44.50.

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.