AlphaQuest LLC Invests $1.15 Million in Vontier Corporation $VNT

Key Points

• AlphaQuest LLC has acquired a new stake in Vontier Corporation, purchasing 35,120 shares valued at approximately $1,154,000 in the first quarter.
• Vontier reported earnings per share (EPS) of $0.79 for the last quarter, exceeding analyst estimates by $0.07, with revenues of $773.50 million, up by 11.1% year-over-year.
• Analysts have set a consensus price target for Vontier at $47.50, with several upgrades, including Citigroup raising its target from $37.00 to $45.00.

AlphaQuest LLC purchased a new position in shares of Vontier Corporation (NYSE:VNT - Free Report) in the first quarter, according to the company in its most recent disclosure with the SEC. The institutional investor purchased 35,120 shares of the company's stock, valued at approximately $1,154,000.

A number of other large investors have also recently bought and sold shares of the company. Ameriprise Financial Inc. boosted its position in Vontier by 39.7% during the 1st quarter. Ameriprise Financial Inc. now owns 3,515,334 shares of the company's stock worth $115,479,000 after acquiring an additional 999,755 shares during the last quarter. Fuller & Thaler Asset Management Inc. increased its position in Vontier by 2.0% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 3,390,111 shares of the company's stock worth $111,365,000 after buying an additional 66,620 shares during the period. T. Rowe Price Investment Management Inc. increased its position in Vontier by 5.4% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 2,815,287 shares of the company's stock worth $92,483,000 after buying an additional 143,737 shares during the period. Dimensional Fund Advisors LP increased its position in Vontier by 2.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 2,666,927 shares of the company's stock worth $97,260,000 after buying an additional 75,775 shares during the period. Finally, Mackenzie Financial Corp increased its position in Vontier by 0.8% during the 4th quarter. Mackenzie Financial Corp now owns 2,540,329 shares of the company's stock worth $92,646,000 after buying an additional 20,649 shares during the period. Institutional investors and hedge funds own 95.83% of the company's stock.

Vontier Price Performance

NYSE:VNT traded down $0.37 during trading hours on Friday, hitting $43.06. The company's stock had a trading volume of 147,336 shares, compared to its average volume of 980,842. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.08 and a quick ratio of 0.80. The company has a market capitalization of $6.32 billion, a P/E ratio of 16.37, a PEG ratio of 1.43 and a beta of 1.31. Vontier Corporation has a twelve month low of $27.22 and a twelve month high of $43.78. The stock has a fifty day simple moving average of $39.78 and a 200-day simple moving average of $36.20.

Vontier (NYSE:VNT - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.79 EPS for the quarter, beating the consensus estimate of $0.72 by $0.07. The firm had revenue of $773.50 million during 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%.The business's quarterly revenue was up 11.1% on a year-over-year basis. During the same period last 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, analysts anticipate that Vontier Corporation will post 3.13 EPS for the current fiscal year.

Vontier Dividend Announcement

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 given a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Thursday, September 4th. Vontier's dividend payout ratio (DPR) is 3.80%.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. The Goldman Sachs Group reiterated a "neutral" rating on shares of Vontier in a research report on Thursday, July 31st. Argus upgraded Vontier from a "hold" rating to a "buy" rating and set a $47.00 price objective on the stock in a research report on Tuesday, August 5th. UBS Group increased their price objective on Vontier from $47.00 to $50.00 and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Robert W. Baird increased their target price on Vontier from $40.00 to $45.00 and gave the stock a "neutral" rating in a report on Monday, August 4th. Finally, Barclays reissued an "overweight" rating on shares of Vontier in a report on Monday, August 4th. One research 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. According to data from MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average target price of $47.50.

Vontier 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.