Caxton Associates LLP Purchases Shares of 15,734 Vontier Corporation $VNT

Key Points

• Caxton Associates LLP made a new investment of approximately $517,000 in Vontier Corporation, acquiring 15,734 shares during the first quarter.
• Vontier recently reported better-than-expected quarterly earnings, with an EPS of $0.79, surpassing analyst estimates of $0.72.
• The company declared a quarterly dividend of $0.025 per share, with an annualized yield of 0.2%, to be paid on September 25th.

Caxton Associates LLP acquired a new stake in Vontier Corporation (NYSE:VNT - Free Report) during the first quarter, according to its most recent Form 13F filing with the SEC. The firm acquired 15,734 shares of the company's stock, valued at approximately $517,000.

A number of other institutional investors have also made changes to their positions in the stock. Goldman Sachs Group Inc. raised its stake in shares of Vontier by 42.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 386,140 shares of the company's stock valued at $12,685,000 after acquiring an additional 115,740 shares in the last quarter. Millennium Management LLC raised its stake in shares of Vontier by 47.3% in the 1st quarter. Millennium Management LLC now owns 1,267,489 shares of the company's stock valued at $41,637,000 after acquiring an additional 407,066 shares in the last quarter. Interval Partners LP bought a new position in shares of Vontier in the 1st quarter valued at approximately $9,345,000. Ancora Advisors LLC raised its stake in shares of Vontier by 5.8% in the 1st quarter. Ancora Advisors LLC now owns 272,165 shares of the company's stock valued at $8,941,000 after acquiring an additional 14,920 shares in the last quarter. Finally, EP Wealth Advisors LLC raised its stake in shares of Vontier by 34.4% in the 1st quarter. EP Wealth Advisors LLC now owns 8,015 shares of the company's stock valued at $263,000 after acquiring an additional 2,053 shares in the last quarter. 95.83% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts have recently commented on the company. UBS Group upped their price target on Vontier from $47.00 to $50.00 and gave the stock a "buy" rating in a report on Tuesday, August 5th. Robert W. Baird upped their price target on Vontier from $40.00 to $45.00 and gave the stock a "neutral" rating in a report on Monday, August 4th. KeyCorp assumed coverage on Vontier in a report on Thursday, August 21st. They set an "overweight" rating and a $50.00 price target for the company. Citigroup reiterated a "buy" rating and set a $45.00 price target (up from $37.00) on shares of Vontier in a report on Monday, July 14th. Finally, Argus upgraded Vontier from a "hold" rating to a "buy" rating and set a $47.00 price target for the company in a report on Tuesday, August 5th. 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. According to data from MarketBeat.com, Vontier presently has a consensus rating of "Moderate Buy" and a consensus price target of $47.50.

Vontier Stock Performance

Shares of VNT traded down $0.35 on Friday, reaching $42.88. 896,722 shares of the stock traded hands, compared to its average volume of 802,575. The firm has a market cap of $6.29 billion, a price-to-earnings ratio of 16.30, a P/E/G ratio of 1.43 and a beta of 1.31. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.08 and a quick ratio of 0.80. Vontier Corporation has a 12 month low of $27.22 and a 12 month high of $43.78. The stock's 50-day moving average price is $41.03 and its 200-day moving average price is $36.51.

Vontier (NYSE:VNT - Get Free Report) last released its quarterly earnings data on Thursday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. The business had revenue of $773.50 million for the quarter, compared to analysts' expectations of $734.23 million. Vontier had a return on equity of 41.96% and a net margin of 12.99%.Vontier's quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the previous year, the business posted $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 forecast that Vontier Corporation will post 3.13 EPS for the current fiscal year.

Vontier Dividend Announcement

The business 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 yield of 0.2%. The ex-dividend date is Thursday, September 4th. Vontier's dividend payout ratio is 3.80%.

Vontier Company 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.