Bridgewater Associates LP Has $3.47 Million Holdings in Vontier Co. (NYSE:VNT)

Bridgewater Associates LP grew its position in Vontier Co. (NYSE:VNT) by 153.6% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 102,747 shares of the company’s stock after purchasing an additional 62,229 shares during the quarter. Bridgewater Associates LP’s holdings in Vontier were worth $3,467,000 as of its most recent SEC filing.

A number of other large investors also recently made changes to their positions in VNT. Cetera Investment Advisers increased its position in Vontier by 94.0% during the 1st quarter. Cetera Investment Advisers now owns 42,138 shares of the company’s stock worth $1,911,000 after buying an additional 20,413 shares during the period. Cetera Advisors LLC grew its stake in shares of Vontier by 276.5% in the first quarter. Cetera Advisors LLC now owns 29,292 shares of the company’s stock valued at $1,329,000 after acquiring an additional 21,511 shares in the last quarter. Boston Partners bought a new position in Vontier during the first quarter worth about $1,231,000. Transcend Capital Advisors LLC acquired a new stake in Vontier in the 2nd quarter worth about $220,000. Finally, Olstein Capital Management L.P. boosted its holdings in Vontier by 39.2% in the 2nd quarter. Olstein Capital Management L.P. now owns 204,000 shares of the company’s stock valued at $7,793,000 after purchasing an additional 57,500 shares during the period. Institutional investors own 95.83% of the company’s stock.

Vontier Stock Up 0.2 %

NYSE VNT opened at $39.26 on Friday. The business has a fifty day moving average price of $36.04 and a two-hundred day moving average price of $36.69. The stock has a market capitalization of $5.90 billion, a PE ratio of 15.04, a PEG ratio of 1.83 and a beta of 1.25. 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 2.10, a current ratio of 1.64 and a quick ratio of 1.23.

Vontier (NYSE:VNT) last announced its quarterly earnings data on Thursday, October 31st. The company reported $0.73 earnings per share for the quarter, topping the consensus estimate of $0.69 by $0.04. Vontier had a return on equity of 45.48% and a net margin of 13.54%. The business had revenue of $750.00 million during the quarter, compared to the consensus estimate of $729.23 million. During the same period in the prior year, the company earned $0.73 EPS. Vontier’s revenue for the quarter was down 2.0% on a year-over-year basis. Equities analysts expect that Vontier Co. will post 2.89 earnings per share for the current fiscal year.

Vontier Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be issued a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.25%. The ex-dividend date is Thursday, November 21st. Vontier’s dividend payout ratio (DPR) is presently 3.83%.

Analyst Ratings Changes

VNT has been the topic of several recent research reports. Evercore ISI lowered their target price on shares of Vontier from $45.00 to $40.00 and set an “outperform” rating on the stock in a report on Monday, August 19th. Barclays raised their price objective on Vontier from $44.00 to $46.00 and gave the stock an “overweight” rating in a research note on Tuesday, November 5th. Finally, Argus downgraded Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, August 20th. Three investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. According to data from MarketBeat.com, Vontier presently has an average rating of “Moderate Buy” and a consensus 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.