Interval Partners LP Buys Shares of 284,490 Vontier Corporation $VNT

Key Points

• Interval Partners LP has acquired 284,490 shares of Vontier Corporation ($VNT), valued at approximately $9.34 million, representing ownership of 0.19% of the company.
• Vontier reported a quarterly EPS of $0.79, exceeding analyst expectations and showing an 11.1% revenue increase year-over-year, while also issuing a quarterly dividend of $0.025 per share.
• The stock has a current market capitalization of $6.35 billion, and the company's analyst consensus rating stands at "Moderate Buy" with an average price target of $47.50.

Interval Partners LP bought a new position in shares of Vontier Corporation (NYSE:VNT - Free Report) during the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor bought 284,490 shares of the company's stock, valued at approximately $9,345,000. Interval Partners LP owned 0.19% of Vontier as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Brooklyn Investment Group lifted its stake in Vontier by 586.2% in the first quarter. Brooklyn Investment Group now owns 844 shares of the company's stock worth $28,000 after acquiring an additional 721 shares during the last quarter. Olde Wealth Management LLC purchased a new position in Vontier in the first quarter worth approximately $36,000. Summit Securities Group LLC purchased a new position in Vontier in the first quarter worth approximately $64,000. Lazard Asset Management LLC purchased a new position in Vontier in the fourth quarter worth approximately $73,000. Finally, GAMMA Investing LLC lifted its stake in Vontier by 60.1% in the first quarter. GAMMA Investing LLC now owns 2,209 shares of the company's stock worth $73,000 after acquiring an additional 829 shares during the last quarter. 95.83% of the stock is owned by hedge funds and other institutional investors.

Vontier Stock Up 1.0%

Shares of Vontier stock traded up $0.41 during trading hours on Wednesday, hitting $42.99. The company had a trading volume of 234,947 shares, compared to its average volume of 970,007. The company's 50-day moving average is $40.75 and its two-hundred day moving average is $36.41. Vontier Corporation has a twelve month low of $27.22 and a twelve month high of $43.78. The company has a market cap of $6.31 billion, a P/E ratio of 16.36, a price-to-earnings-growth ratio of 1.43 and a beta of 1.31. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.08 and a quick ratio of 0.80.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.79 earnings per share for the quarter, topping 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 net margin of 12.99% and a return on equity of 41.96%. Vontier's quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.63 EPS. Vontier has set its FY 2025 guidance at 3.100-3.200 EPS. Q3 2025 guidance at 0.740-0.780 EPS. Analysts anticipate that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th will be given a dividend of $0.025 per share. The ex-dividend date is Thursday, September 4th. This represents a $0.10 dividend on an annualized basis and a yield of 0.2%. Vontier's dividend payout ratio is presently 3.80%.

Wall Street Analysts Forecast Growth

A number of brokerages recently issued reports on VNT. Robert W. Baird lifted their price target on shares of Vontier from $40.00 to $45.00 and gave the stock a "neutral" rating in a research note on Monday, August 4th. KeyCorp began coverage on shares of Vontier in a research note on Thursday, August 21st. They issued an "overweight" rating and a $50.00 price target for the company. Barclays reiterated an "overweight" rating on shares of Vontier in a research note on Monday, August 4th. Evercore ISI restated an "outperform" rating on shares of Vontier in a report on Tuesday, August 19th. Finally, Citigroup restated a "buy" rating and issued a $45.00 target price (up previously from $37.00) on shares of Vontier in a report on Monday, July 14th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the company's stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target of $47.50.

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.