Ceredex Value Advisors LLC Takes Position in Vontier Corporation $VNT

Key Points

• Ceredex Value Advisors LLC has acquired a new position in Vontier Corporation, purchasing 346,750 shares valued at approximately $11.39 million, representing 0.23% of the company's stock.
• Vontier reported an EPS of $0.79 for the last quarter, exceeding analysts' expectations and showing an 11.1% revenue growth year-over-year.
• The company recently announced a quarterly dividend of $0.025 per share, with a dividend yield of 0.2%, aligning with a modest payout ratio of 3.80%.

Ceredex Value Advisors LLC bought a new stake in Vontier Corporation (NYSE:VNT - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 346,750 shares of the company's stock, valued at approximately $11,391,000. Ceredex Value Advisors LLC owned about 0.23% of Vontier as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the business. Caisse DE Depot ET Placement DU Quebec acquired a new stake in Vontier in the first quarter valued at approximately $1,383,000. Comerica Bank lifted its stake in Vontier by 20.0% in the first quarter. Comerica Bank now owns 97,370 shares of the company's stock valued at $3,199,000 after acquiring an additional 16,243 shares during the last quarter. Hotchkis & Wiley Capital Management LLC acquired a new stake in Vontier in the first quarter valued at approximately $5,663,000. AlphaQuest LLC acquired a new stake in Vontier in the first quarter valued at approximately $1,154,000. Finally, Ameriprise Financial Inc. lifted its stake in 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 acquiring an additional 999,755 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

A number of analysts have issued reports on VNT shares. Citigroup reiterated a "buy" rating and issued a $45.00 target price (up from $37.00) on shares of Vontier in a research note on Monday, July 14th. Barclays restated an "overweight" rating on shares of Vontier in a research note on Monday, August 4th. The Goldman Sachs Group restated a "neutral" rating on shares of Vontier in a research note on Thursday, July 31st. Robert W. Baird boosted their price objective 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. Finally, KeyCorp initiated coverage on shares of Vontier in a research note on Thursday, August 21st. They issued an "overweight" rating and a $50.00 price objective for the company. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $47.50.

Vontier Stock Performance

NYSE:VNT traded down $0.58 during trading hours on Friday, hitting $42.85. 705,767 shares of the company traded hands, compared to its average volume of 1,068,605. The stock has a market capitalization of $6.29 billion, a price-to-earnings ratio of 16.29, a P/E/G ratio of 1.42 and a beta of 1.31. Vontier Corporation has a twelve month low of $27.22 and a twelve month high of $43.78. The firm has a 50-day moving average of $39.92 and a 200 day moving average of $36.22. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 1.32.

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

Vontier Announces Dividend

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