Amundi Decreases Stock Holdings in Vontier Corporation $VNT

Key Points

• Amundi has reduced its stake in Vontier Corporation by 26.2%, selling 46,517 shares and now holding 131,121 shares valued at approximately $3.985 million.
• Wall Street analysts have a consensus rating of "Moderate Buy" for Vontier, with target prices ranging from $45.00 to $50.00.
• Vontier declared a quarterly dividend of $0.025 per share, with an ex-dividend date of September 4th, representing a 0.2% yield on an annualized basis.

Amundi decreased its holdings in Vontier Corporation (NYSE:VNT - Free Report) by 26.2% in the first quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 131,121 shares of the company's stock after selling 46,517 shares during the quarter. Amundi owned 0.09% of Vontier worth $3,985,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Brooklyn Investment Group increased its position in shares of Vontier by 586.2% during the 1st quarter. Brooklyn Investment Group now owns 844 shares of the company's stock valued at $28,000 after purchasing an additional 721 shares during the last quarter. Olde Wealth Management LLC purchased a new stake in shares of Vontier during the 1st quarter valued at about $36,000. Summit Securities Group LLC purchased a new stake in shares of Vontier during the 1st quarter valued at about $64,000. Lazard Asset Management LLC purchased a new stake in shares of Vontier during the 4th quarter valued at about $73,000. Finally, GAMMA Investing LLC increased its position in shares of Vontier by 60.1% during the 1st quarter. GAMMA Investing LLC now owns 2,209 shares of the company's stock valued at $73,000 after purchasing an additional 829 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company's stock.

Wall Street Analysts Forecast Growth

VNT has been the subject of several analyst reports. 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. Barclays reissued an "overweight" rating on shares of Vontier in a report on Monday, August 4th. The Goldman Sachs Group reissued a "neutral" rating on shares of Vontier in a report on Thursday, July 31st. KeyCorp initiated coverage on shares of Vontier in a report on Thursday, August 21st. They issued an "overweight" rating and a $50.00 target price for the company. Finally, UBS Group increased 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. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company. According to MarketBeat, the company has an average rating of "Moderate Buy" and a consensus price target of $47.50.

Vontier Trading Up 0.9%

VNT stock opened at $42.95 on Thursday. Vontier Corporation has a 1-year low of $27.22 and a 1-year high of $43.78. 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 $6.30 billion, a price-to-earnings ratio of 16.33, a PEG ratio of 1.40 and a beta of 1.31. The business has a 50 day simple moving average of $40.85 and a two-hundred day simple moving average of $36.45.

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 analysts' consensus estimates 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 company's quarterly revenue was up 11.1% compared to the same quarter last year. During the same period in the prior year, the company earned $0.63 EPS. Vontier has set its FY 2025 guidance at 3.100-3.200 EPS. Q3 2025 guidance at 0.740-0.780 EPS. Research analysts anticipate that Vontier Corporation will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 4th will be given a $0.025 dividend. The ex-dividend date is Thursday, September 4th. This represents a $0.10 dividend on an annualized basis and a yield of 0.2%. Vontier's dividend payout ratio (DPR) is currently 3.80%.

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.

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