64,021 Shares in Vontier Corporation $VNT Acquired by Mubadala Investment Co PJSC

Key Points

• Mubadala Investment Co PJSC acquired 64,021 shares of Vontier Corporation, valued at approximately $2.1 million, as reported in their recent SEC filing.
• Vontier's stock saw several upgrades from analysts, with price targets set between $45.00 and $50.00, reflecting a consensus rating of "Moderate Buy".
• The company reported earnings of $0.79 per share for the last quarter, exceeding analysts' estimates and signifying an 11.1% year-over-year revenue growth.

Mubadala Investment Co PJSC acquired a new position in shares of Vontier Corporation (NYSE:VNT - Free Report) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 64,021 shares of the company's stock, valued at approximately $2,103,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Brooklyn Investment Group boosted its stake in Vontier by 586.2% during the 1st 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 acquired a new stake in Vontier during the 1st quarter worth approximately $36,000. Summit Securities Group LLC acquired a new stake in Vontier during the 1st quarter worth approximately $64,000. Lazard Asset Management LLC acquired a new stake in Vontier during the 4th quarter worth approximately $73,000. Finally, GAMMA Investing LLC raised its holdings in Vontier by 60.1% during the 1st quarter. GAMMA Investing LLC now owns 2,209 shares of the company's stock worth $73,000 after buying an additional 829 shares during the period. Institutional investors own 95.83% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts have commented on the stock. Argus upgraded shares of Vontier from a "hold" rating to a "buy" rating and set a $47.00 target price on the stock in a report on Tuesday, August 5th. KeyCorp assumed coverage on shares of Vontier in a report on Thursday, August 21st. They set an "overweight" rating and a $50.00 target price on the stock. UBS Group raised their target price on shares of Vontier from $47.00 to $50.00 and gave the stock a "buy" rating in a report on Tuesday, August 5th. Robert W. Baird raised 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. Finally, Wall Street Zen upgraded shares of Vontier from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $47.50.

Vontier Price Performance

Shares of VNT opened at $42.85 on Friday. The company has a market cap of $6.29 billion, a price-to-earnings ratio of 16.29, a PEG ratio of 1.43 and a beta of 1.31. Vontier Corporation has a 1-year low of $27.22 and a 1-year high of $43.78. The company's fifty day simple moving average is $39.92 and its 200 day simple moving average is $36.23. 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 (NYSE:VNT - Get Free Report) last issued its 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 business had revenue of $773.50 million for the quarter, compared to the consensus estimate of $734.23 million. Vontier had a net margin of 12.99% and a return on equity of 41.96%. The firm's revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the previous 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. On average, research analysts forecast that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.

Vontier Dividend Announcement

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

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