AQR Capital Management LLC Lowers Holdings in Vontier Corporation $VNT

Key Points

• AQR Capital Management LLC reduced its stake in Vontier Corporation by 8.6%, now holding 360,190 shares worth approximately $11.73 million.
• Analysts have shown increased confidence in Vontier, with several upgrades, including a "strong-buy" rating from Wall Street Zen and a price target of $47.50.
• Vontier recently announced a quarterly dividend of $0.025 per share, reflecting an annualized yield of 0.2%.

AQR Capital Management LLC decreased its holdings in Vontier Corporation (NYSE:VNT - Free Report) by 8.6% in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 360,190 shares of the company's stock after selling 34,058 shares during the quarter. AQR Capital Management LLC owned 0.24% of Vontier worth $11,731,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Ameriprise Financial Inc. increased its position in shares of Vontier by 39.7% in the first quarter. Ameriprise Financial Inc. now owns 3,515,334 shares of the company's stock valued at $115,479,000 after buying an additional 999,755 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its stake in Vontier by 2.0% in the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 3,390,111 shares of the company's stock valued at $111,365,000 after acquiring an additional 66,620 shares during the period. T. Rowe Price Investment Management Inc. increased its holdings in Vontier by 5.4% in 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 acquiring an additional 143,737 shares in the last quarter. Mackenzie Financial Corp increased its holdings in Vontier by 0.8% in the 4th quarter. Mackenzie Financial Corp now owns 2,540,329 shares of the company's stock worth $92,646,000 after acquiring an additional 20,649 shares in the last quarter. Finally, Nuveen LLC acquired a new position in Vontier during the first quarter worth $67,744,000. 95.83% of the stock is owned by institutional investors and hedge funds.

Vontier Price Performance

Shares of VNT stock traded down $0.15 during trading hours on Tuesday, reaching $42.60. The company had a trading volume of 689,230 shares, compared to its average volume of 776,651. Vontier Corporation has a 12-month low of $27.22 and a 12-month high of $43.78. The company has a market capitalization of $6.25 billion, a price-to-earnings ratio of 16.20, a PEG ratio of 1.41 and a beta of 1.31. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.80 and a current ratio of 1.08. The stock has a fifty day moving average of $41.22 and a 200-day moving average of $36.59.

Vontier (NYSE:VNT - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.07. Vontier had a return on equity of 41.96% and a net margin of 12.99%.The company had revenue of $773.50 million during the quarter, compared to analysts' expectations of $734.23 million. During the same period in the prior year, the business earned $0.63 EPS. The firm'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. On average, equities analysts anticipate that Vontier Corporation will post 3.13 earnings per share for the current year.

Vontier Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $0.10 dividend on an annualized basis and a yield of 0.2%. Vontier's payout ratio is 3.80%.

Wall Street Analysts Forecast Growth

VNT has been the topic of several research analyst reports. UBS Group lifted their target price on shares of Vontier from $47.00 to $50.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Wall Street Zen raised shares of Vontier from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. The Goldman Sachs Group reiterated a "neutral" rating on shares of Vontier in a report on Thursday, July 31st. Citigroup reissued a "buy" rating and set a $45.00 target price (up previously from $37.00) on shares of Vontier in a report on Monday, July 14th. Finally, Robert W. Baird raised their target price on Vontier from $40.00 to $45.00 and gave the company a "neutral" rating in a research report on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average target price of $47.50.

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.