AlphaQuest LLC Acquires 19,852 Shares of Vontier Corporation $VNT

Key Points

• AlphaQuest LLC significantly increased its stake in Vontier Corporation by 56.5%, acquiring a total of 54,972 shares valued at approximately $2.03 million.
• Vontier's recent quarterly earnings report showed earnings per share of $0.79, surpassing analysts' expectations of $0.72, alongside an 11.1% year-over-year revenue growth.
• The company also announced a quarterly dividend of $0.025 per share, reflecting a modest annualized yield of 0.2% and a payout ratio of 3.80%.

AlphaQuest LLC increased its holdings in shares of Vontier Corporation (NYSE:VNT - Free Report) by 56.5% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 54,972 shares of the company's stock after purchasing an additional 19,852 shares during the period. AlphaQuest LLC's holdings in Vontier were worth $2,028,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of the business. Klein Pavlis & Peasley Financial Inc. lifted its stake in Vontier by 0.8% in the first quarter. Klein Pavlis & Peasley Financial Inc. now owns 37,000 shares of the company's stock valued at $1,218,000 after buying an additional 300 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its position in Vontier by 3.8% in the 1st quarter. DekaBank Deutsche Girozentrale now owns 9,287 shares of the company's stock valued at $301,000 after acquiring an additional 337 shares in the last quarter. Redwood Investment Management LLC lifted its holdings in shares of Vontier by 1.1% in the first quarter. Redwood Investment Management LLC now owns 39,721 shares of the company's stock valued at $1,305,000 after purchasing an additional 451 shares in the last quarter. KPP Advisory Services LLC lifted its holdings in shares of Vontier by 2.3% in the second quarter. KPP Advisory Services LLC now owns 21,340 shares of the company's stock valued at $787,000 after purchasing an additional 482 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its holdings in shares of Vontier by 75.7% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,228 shares of the company's stock valued at $45,000 after purchasing an additional 529 shares in the last quarter. Institutional investors own 95.83% of the company's stock.

Vontier Trading Up 2.4%

Shares of Vontier stock opened at $43.27 on Friday. The firm has a market capitalization of $6.35 billion, a PE ratio of 16.45, a price-to-earnings-growth ratio of 1.39 and a beta of 1.30. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 1.32. The firm's 50 day moving average is $42.18 and its 200 day moving average is $38.13. Vontier Corporation has a 1 year low of $27.22 and a 1 year high of $43.88.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings data 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. Vontier had a return on equity of 41.96% and a net margin of 12.99%.The business had revenue of $773.50 million for the quarter, compared to analyst estimates of $734.23 million. During the same quarter in the previous year, the company posted $0.63 EPS. Vontier's quarterly revenue was up 11.1% compared to the same quarter last year. Vontier has set its FY 2025 guidance at 3.100-3.200 EPS. Q3 2025 guidance at 0.740-0.780 EPS. Equities research analysts forecast that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

The firm 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 annualized dividend and a dividend yield of 0.2%. Vontier's dividend payout ratio is presently 3.80%.

Analyst Ratings Changes

A number of brokerages have recently issued reports on VNT. Evercore ISI reiterated an "outperform" rating on shares of Vontier in a research note on Tuesday, August 19th. Argus raised shares of Vontier from a "hold" rating to a "buy" rating and set a $47.00 price target on the stock in a research report on Tuesday, August 5th. UBS Group upped their target price on shares of Vontier from $47.00 to $50.00 and gave the company a "buy" rating in a report on Tuesday, August 5th. Wall Street Zen raised shares of Vontier from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Finally, Weiss Ratings restated a "hold (c+)" rating on shares of Vontier in a research note on Wednesday, October 8th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company. According to MarketBeat, Vontier presently has an average rating of "Moderate Buy" and an average target price of $47.50.

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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