Amundi Has $6.42 Million Stock Holdings in Vontier Co. (NYSE:VNT)

Amundi lessened its stake in Vontier Co. (NYSE:VNT) by 70.8% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 177,638 shares of the company’s stock after selling 430,615 shares during the quarter. Amundi’s holdings in Vontier were worth $6,416,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VNT. Global X Japan Co. Ltd. boosted its position in Vontier by 137.7% during the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock worth $27,000 after acquiring an additional 431 shares during the last quarter. Wilmington Savings Fund Society FSB acquired a new position in Vontier during the third quarter worth $40,000. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in Vontier in the fourth quarter valued at $99,000. Venturi Wealth Management LLC increased its stake in Vontier by 1,762.4% in the 4th quarter. Venturi Wealth Management LLC now owns 4,265 shares of the company’s stock valued at $156,000 after buying an additional 4,036 shares during the last quarter. Finally, National Bank of Canada FI lifted its position in Vontier by 12.5% during the 3rd quarter. National Bank of Canada FI now owns 4,345 shares of the company’s stock worth $147,000 after buying an additional 482 shares in the last quarter. 95.83% of the stock is owned by institutional investors.

Analyst Ratings Changes

VNT has been the subject of several analyst reports. Citigroup decreased their price objective on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a report on Monday, January 13th. Barclays boosted their price target on Vontier from $45.00 to $46.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective for the company in a report on Thursday, December 12th. UBS Group began 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. Finally, Robert W. Baird lifted their price objective 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. Two analysts have rated the stock with a hold rating and five have given a buy rating to the stock. Based on data from MarketBeat, Vontier has a consensus rating of “Moderate Buy” and an average price target of $45.43.

Vontier Price Performance

Shares of VNT opened at $33.19 on Friday. The firm has a market capitalization of $4.93 billion, a PE ratio of 12.07, a PEG ratio of 1.23 and a beta of 1.26. The company’s 50-day moving average is $37.08 and its 200-day moving average is $36.39. Vontier Co. has a fifty-two week low of $31.22 and a fifty-two week high of $45.62. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14.

Vontier (NYSE:VNT) last released its quarterly earnings results on Thursday, February 13th. The company reported $0.80 earnings per share for the quarter, beating the consensus estimate 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. Equities analysts forecast that Vontier Co. will post 3.13 EPS for the current year.

Vontier Dividend Announcement

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

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.