Ancora Advisors LLC Has $8.94 Million Holdings in Vontier Corporation $VNT

Key Points

• Ancora Advisors LLC increased its stake in Vontier Corporation by 5.8% during Q1, holding 272,165 shares valued at approximately $8.94 million.
• Wall Street analysts are optimistic about Vontier, with a consensus rating of "Moderate Buy" and an average price target of $47.50.
• Vontier announced a quarterly dividend of $0.025 per share, representing an annualized yield of 0.2%.

Ancora Advisors LLC grew its position in Vontier Corporation (NYSE:VNT - Free Report) by 5.8% in the 1st quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 272,165 shares of the company's stock after buying an additional 14,920 shares during the period. Ancora Advisors LLC owned approximately 0.18% of Vontier worth $8,941,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Benjamin Edwards Inc. lifted its position in Vontier by 2.2% in the 4th quarter. Benjamin Edwards Inc. now owns 12,287 shares of the company's stock valued at $448,000 after acquiring an additional 270 shares in the last quarter. Klein Pavlis & Peasley Financial Inc. lifted its position in Vontier by 0.8% during the 1st quarter. Klein Pavlis & Peasley Financial Inc. now owns 37,000 shares of the company's stock worth $1,218,000 after buying an additional 300 shares in the last quarter. DekaBank Deutsche Girozentrale boosted its stake in shares of Vontier by 3.8% during the 1st quarter. DekaBank Deutsche Girozentrale now owns 9,287 shares of the company's stock worth $301,000 after buying an additional 337 shares during the last quarter. Redwood Investment Management LLC boosted its stake in shares of Vontier by 1.1% during the 1st quarter. Redwood Investment Management LLC now owns 39,721 shares of the company's stock worth $1,305,000 after buying an additional 451 shares during the last quarter. Finally, Blue Trust Inc. boosted its stake in shares of Vontier by 14.9% during the 1st quarter. Blue Trust Inc. now owns 4,437 shares of the company's stock worth $146,000 after buying an additional 574 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company's stock.

Analyst Ratings Changes

VNT has been the subject of a number of recent research reports. UBS Group increased their price objective on shares of Vontier from $47.00 to $50.00 and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Barclays reissued an "overweight" rating on shares of Vontier in a research note on Monday, August 4th. Evercore ISI reissued an "outperform" rating on shares of Vontier in a research note on Tuesday, August 19th. The Goldman Sachs Group reissued a "neutral" rating on shares of Vontier in a research note on Thursday, July 31st. Finally, Robert W. Baird upped their target price on shares of Vontier from $40.00 to $45.00 and gave the company a "neutral" rating 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 given a Hold rating to the company. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $47.50.

Vontier Stock Performance

VNT traded down $0.06 on Monday, reaching $43.39. The company had a trading volume of 199,711 shares, compared to its average volume of 973,437. Vontier Corporation has a fifty-two week low of $27.22 and a fifty-two week high of $43.78. The stock has a market cap of $6.36 billion, a P/E ratio of 16.49, a P/E/G ratio of 1.43 and a beta of 1.31. The company's fifty day moving average is $40.52 and its 200 day moving average is $36.32. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.80 and a current ratio of 1.08.

Vontier (NYSE:VNT - Get Free Report) last announced its quarterly 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. Vontier had a net margin of 12.99% and a return on equity of 41.96%. 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 prior year, the business earned $0.63 EPS. Vontier's quarterly revenue was up 11.1% on a year-over-year basis. Vontier has set its FY 2025 guidance at 3.100-3.200 EPS. Q3 2025 guidance at 0.740-0.780 EPS. As a group, analysts predict that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The firm 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 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 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.