Amundi Lowers 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 trimmed its position in shares of Vontier Corporation (NYSE:VNT - Free Report) by 26.2% during the 1st quarter, according to 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 about 0.09% of Vontier worth $3,985,000 at the end of the most recent reporting period.

Other large investors have also bought and sold shares of the company. Brooklyn Investment Group grew its holdings in shares of Vontier by 586.2% during the first quarter. Brooklyn Investment Group now owns 844 shares of the company's stock valued at $28,000 after buying an additional 721 shares during the last quarter. Olde Wealth Management LLC bought a new position in Vontier in the 1st quarter valued at approximately $36,000. Summit Securities Group LLC purchased a new stake in Vontier during the 1st quarter valued at $64,000. Lazard Asset Management LLC bought a new stake in shares of Vontier in the 4th quarter worth $73,000. Finally, GAMMA Investing LLC raised its stake in shares of Vontier by 60.1% in the first quarter. GAMMA Investing LLC now owns 2,209 shares of the company's stock worth $73,000 after purchasing an additional 829 shares during the last quarter. 95.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on the company. Argus raised 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. KeyCorp initiated coverage on shares of Vontier in a research note on Thursday, August 21st. They set an "overweight" rating and a $50.00 target price on the stock. Robert W. Baird lifted their price target on shares of Vontier from $40.00 to $45.00 and gave the stock a "neutral" rating in a research note on Monday, August 4th. The Goldman Sachs Group reissued a "neutral" rating on shares of Vontier in a report on Thursday, July 31st. Finally, Barclays restated 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 given a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat.com, Vontier currently has a consensus rating of "Moderate Buy" and an average price target of $47.50.

Vontier Stock Performance

NYSE VNT traded down $0.15 on Tuesday, hitting $42.60. 689,230 shares of the company traded hands, compared to its average volume of 776,651. The business's 50 day moving average price is $41.22 and its 200-day moving average price is $36.59. Vontier Corporation has a 52-week low of $27.22 and a 52-week high of $43.78. 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 company has a market capitalization of $6.25 billion, a price-to-earnings ratio of 16.20, a P/E/G ratio of 1.41 and a beta of 1.31.

Vontier (NYSE:VNT - Get Free Report) last posted its quarterly earnings data on Thursday, July 31st. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.72 by $0.07. The firm had revenue of $773.50 million for 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 revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter 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. Equities analysts expect that Vontier Corporation will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The company also recently declared 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. 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 is presently 3.80%.

About Vontier

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.