Caisse DE Depot ET Placement DU Quebec Invests $1.38 Million in Vontier Corporation $VNT

Key Points

• Caisse DE Depot ET Placement DU Quebec acquired 42,100 shares of Vontier Corporation, valued at approximately $1.38 million, as part of its new position in the company.
• Vontier's earnings report indicated a 12.99% net margin and a revenue of $773.50 million, surpassing analysts' expectations.
• Analysts generally have a Moderate Buy rating on Vontier stock, with price targets ranging from $45.00 to $50.00.

Caisse DE Depot ET Placement DU Quebec purchased a new position in shares of Vontier Corporation (NYSE:VNT - Free Report) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor purchased 42,100 shares of the company's stock, valued at approximately $1,383,000.

A number of other large investors have also recently made changes to their positions in VNT. Comerica Bank boosted its position in shares of Vontier by 20.0% during the first quarter. Comerica Bank now owns 97,370 shares of the company's stock valued at $3,199,000 after buying an additional 16,243 shares during the last quarter. Hotchkis & Wiley Capital Management LLC purchased a new stake in Vontier in the 1st quarter worth about $5,663,000. AlphaQuest LLC purchased a new position in shares of Vontier in the first quarter worth about $1,154,000. Ameriprise Financial Inc. grew its stake in Vontier by 39.7% in the 1st quarter. Ameriprise Financial Inc. now owns 3,515,334 shares of the company's stock valued at $115,479,000 after buying an additional 999,755 shares in the last quarter. Finally, CW Advisors LLC bought a new stake in shares of Vontier during the 1st quarter valued at $250,000. 95.83% of the stock is owned by institutional investors.

Vontier Stock Performance

VNT stock traded up $0.35 on Thursday, hitting $42.89. The company had a trading volume of 100,362 shares, compared to its average volume of 976,612. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 1.32. Vontier Corporation has a 12-month low of $27.22 and a 12-month high of $43.78. The stock has a market cap of $6.29 billion, a price-to-earnings ratio of 16.31, a P/E/G ratio of 1.42 and a beta of 1.31. The stock's 50-day simple moving average is $40.27 and its 200 day simple moving average is $36.32.

Vontier (NYSE:VNT - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.79 earnings per share for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. The company had revenue of $773.50 million for the quarter, compared to the consensus estimate of $734.23 million. Vontier had a return on equity of 41.96% and a net margin of 12.99%.Vontier's revenue was up 11.1% on a year-over-year basis. During the same quarter in the prior year, the company 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. As a group, equities research analysts expect that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

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

Analyst Ratings Changes

A number of analysts recently weighed in on VNT shares. Evercore ISI reaffirmed an "outperform" rating on shares of Vontier in a report on Tuesday, August 19th. The Goldman Sachs Group restated a "neutral" rating on shares of Vontier in a research report on Thursday, July 31st. Argus raised shares of Vontier from a "hold" rating to a "buy" rating and set a $47.00 price target for the company in a research note on Tuesday, August 5th. KeyCorp initiated coverage on Vontier in a research note on Thursday, August 21st. They set an "overweight" rating and a $50.00 price objective for the company. Finally, Robert W. Baird increased their target price on shares of Vontier from $40.00 to $45.00 and gave the stock a "neutral" rating in a report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have issued a Hold rating to the stock. According to MarketBeat.com, Vontier currently has an average rating of "Moderate Buy" and an average target price 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.