9,726 Shares in Vontier Corporation $VNT Purchased by Counterpoint Mutual Funds LLC

Key Points

• Counterpoint Mutual Funds LLC purchased 9,726 shares of Vontier Corporation, valued at approximately $359,000, during the second quarter.
• Vontier recently announced a quarterly dividend of $0.025 per share, with an ex-dividend date set for September 4th, resulting in a 0.2% yield.
• Shares of Vontier opened at $42.30, with a market cap of $6.21 billion, reflecting a recent decline of 1.4% in stock price.

Counterpoint Mutual Funds LLC acquired a new position in Vontier Corporation (NYSE:VNT - Free Report) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 9,726 shares of the company's stock, valued at approximately $359,000.

Other institutional investors have also bought and sold shares of the company. New York State Teachers Retirement System lifted its stake in Vontier by 4.5% in the 1st quarter. New York State Teachers Retirement System now owns 175,630 shares of the company's stock worth $5,769,000 after purchasing an additional 7,547 shares in the last quarter. Dynamic Advisor Solutions LLC purchased a new position in Vontier in the 1st quarter worth approximately $975,000. Sequoia Financial Advisors LLC lifted its stake in Vontier by 9.9% in the 1st quarter. Sequoia Financial Advisors LLC now owns 85,944 shares of the company's stock worth $2,823,000 after purchasing an additional 7,743 shares in the last quarter. Oppenheimer Asset Management Inc. lifted its stake in Vontier by 23.8% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 30,142 shares of the company's stock worth $990,000 after purchasing an additional 5,800 shares in the last quarter. Finally, GAMMA Investing LLC lifted its stake in Vontier by 5,158.4% in the 1st quarter. GAMMA Investing LLC now owns 72,566 shares of the company's stock worth $2,209,000 after purchasing an additional 71,186 shares in the last quarter. 95.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have weighed in on the stock. The Goldman Sachs Group reissued a "neutral" rating on shares of Vontier in a research note on Thursday, July 31st. Citigroup reaffirmed a "buy" rating and set a $45.00 price target (up previously from $37.00) on shares of Vontier in a research report on Monday, July 14th. Wall Street Zen raised shares of Vontier from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. UBS Group lifted their price target on shares of Vontier from $47.00 to $50.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Finally, Robert W. Baird lifted their price target on shares of Vontier from $40.00 to $45.00 and gave the company a "neutral" rating in a research report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $47.50.

Vontier Stock Down 1.4%

Shares of NYSE VNT opened at $42.30 on Thursday. The firm has a market cap of $6.21 billion, a price-to-earnings ratio of 16.08, a PEG ratio of 1.42 and a beta of 1.31. The company has a quick ratio of 0.80, a current ratio of 1.08 and a debt-to-equity ratio of 1.32. Vontier Corporation has a 52-week low of $27.22 and a 52-week high of $43.88. The business's 50 day moving average is $41.80 and its two-hundred day moving average is $36.92.

Vontier (NYSE:VNT - Get Free Report) last announced its earnings results 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 company had revenue of $773.50 million for the quarter, compared to analyst estimates of $734.23 million. Vontier had a return on equity of 41.96% and a net margin of 12.99%.The firm's quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter 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. Research analysts predict that Vontier Corporation will post 3.13 EPS for the current year.

Vontier Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th will be given a $0.025 dividend. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $0.10 dividend on an annualized basis and a yield of 0.2%. 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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