Vontier Corporation $VNT Shares Bought by Vanguard Personalized Indexing Management LLC

Vanguard Personalized Indexing Management LLC grew its position in shares of Vontier Corporation (NYSE:VNT) by 33.8% during the 2nd quarter, Holdings Channel reports. The firm owned 38,413 shares of the company’s stock after purchasing an additional 9,707 shares during the period. Vanguard Personalized Indexing Management LLC’s holdings in Vontier were worth $1,422,000 at the end of the most recent reporting period.

Several other hedge funds also recently modified their holdings of the company. Nuveen LLC acquired a new position in shares of Vontier in the 1st quarter worth $67,744,000. Woodline Partners LP grew its holdings in shares of Vontier by 132.9% in the 1st quarter. Woodline Partners LP now owns 1,879,793 shares of the company’s stock worth $61,751,000 after acquiring an additional 1,072,683 shares during the last quarter. Ameriprise Financial Inc. grew its holdings in shares of Vontier by 39.7% in the 1st quarter. Ameriprise Financial Inc. now owns 3,515,334 shares of the company’s stock worth $115,479,000 after acquiring an additional 999,755 shares during the last quarter. Millennium Management LLC grew its holdings in shares of Vontier by 47.3% in the 1st quarter. Millennium Management LLC now owns 1,267,489 shares of the company’s stock worth $41,637,000 after acquiring an additional 407,066 shares during the last quarter. Finally, Ceredex Value Advisors LLC acquired a new position in shares of Vontier in the 1st quarter worth $11,391,000. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

VNT has been the topic of a number of recent research reports. Barclays restated an “overweight” rating on shares of Vontier in a report on Monday, August 4th. Citigroup restated a “buy” rating and issued a $45.00 target price (up from $37.00) on shares of Vontier in a report on Monday, July 14th. Wall Street Zen upgraded Vontier from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. The Goldman Sachs Group reiterated a “neutral” rating on shares of Vontier in a report on Thursday, July 31st. Finally, KeyCorp started coverage on Vontier in a report on Thursday, August 21st. They set an “overweight” rating and a $50.00 price target on the stock. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $47.50.

Vontier Price Performance

VNT opened at $42.57 on Friday. The stock has a market cap of $6.24 billion, a price-to-earnings ratio of 16.18, a PEG ratio of 1.37 and a beta of 1.30. Vontier Corporation has a 1 year low of $27.22 and a 1 year high of $43.88. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 1.32. The stock has a fifty day moving average price of $42.12 and a 200 day moving average price of $37.79.

Vontier (NYSE:VNT) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. The firm had revenue of $773.50 million during the quarter, compared to analysts’ expectations of $734.23 million. Vontier had a return on equity of 41.96% and a net margin of 12.99%.The business’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter last year, the firm earned $0.63 earnings per share. Vontier has set its FY 2025 guidance at 3.100-3.200 EPS. Q3 2025 guidance at 0.740-0.780 EPS. Analysts forecast that Vontier Corporation will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 4th were given a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $0.10 dividend on an annualized basis and a yield of 0.2%. Vontier’s dividend payout ratio (DPR) is presently 3.80%.

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.