Wolverine Asset Management LLC Sells 41,000 Shares of Vontier Corporation $VNT

Wolverine Asset Management LLC decreased its stake in shares of Vontier Corporation (NYSE:VNT) by 74.5% during the second quarter, Holdings Channel reports. The firm owned 14,000 shares of the company’s stock after selling 41,000 shares during the quarter. Wolverine Asset Management LLC’s holdings in Vontier were worth $517,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Brooklyn Investment Group increased its holdings in Vontier by 586.2% during the first quarter. Brooklyn Investment Group now owns 844 shares of the company’s stock valued at $28,000 after buying an additional 721 shares during the last quarter. Olde Wealth Management LLC purchased a new stake in Vontier during the first quarter valued at approximately $36,000. MassMutual Private Wealth & Trust FSB increased its holdings in Vontier by 75.7% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,228 shares of the company’s stock valued at $45,000 after buying an additional 529 shares during the last quarter. Trust Co. of Toledo NA OH purchased a new stake in Vontier during the second quarter valued at approximately $53,000. Finally, Summit Securities Group LLC purchased a new stake in Vontier during the first quarter valued at approximately $64,000. Institutional investors own 95.83% of the company’s stock.

Vontier Stock Performance

Shares of NYSE VNT opened at $38.51 on Monday. The firm has a fifty day moving average price of $42.03 and a 200-day moving average price of $38.79. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.18 and a quick ratio of 0.90. The stock has a market cap of $5.65 billion, a PE ratio of 14.10, a price-to-earnings-growth ratio of 1.27 and a beta of 1.29. Vontier Corporation has a 1 year low of $27.22 and a 1 year high of $43.88.

Vontier (NYSE:VNT) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.02. The firm had revenue of $752.50 million during the quarter, compared to analysts’ expectations of $747.32 million. Vontier had a net margin of 13.34% and a return on equity of 40.49%. The company’s revenue for the quarter was up .3% compared to the same quarter last year. During the same period in the prior year, the company posted $0.73 earnings per share. Vontier has set its Q4 2025 guidance at 0.820-0.860 EPS. FY 2025 guidance at 3.150-3.20 EPS. Equities analysts anticipate that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

The business also recently announced 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 was Thursday, September 4th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. Vontier’s dividend payout ratio is currently 3.66%.

Wall Street Analysts Forecast Growth

A number of analysts have commented on the stock. Citigroup reaffirmed a “buy” rating and set a $45.00 target price (up from $37.00) on shares of Vontier in a report on Monday, July 14th. Barclays reaffirmed an “overweight” rating on shares of Vontier in a report on Monday, August 4th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Vontier in a report on Thursday, July 31st. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Vontier in a report on Wednesday, October 8th. Finally, KeyCorp reduced their target price on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Friday. Seven analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Vontier presently has a consensus rating of “Moderate Buy” and a consensus price target of $46.88.

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.