Cramer Rosenthal Mcglynn LLC Lowers Stock Holdings in Vontier Corporation $VNT

Key Points

• Cramer Rosenthal Mcglynn LLC sold 167,140 shares of Vontier Corporation in the 1st quarter, lowering its holdings by 15.8%, currently owning 893,292 shares worth approximately $29.35 million.
• Vontier reported $0.79 EPS for the last quarter, exceeding analysts' estimates, with quarterly revenue up by 11.1% year-over-year and a forecasted FY 2025 EPS of 3.100-3.200.
• The company recently declared a quarterly dividend of $0.025 per share, representing a 0.2% annual yield and a payout ratio of 3.80%.

Cramer Rosenthal Mcglynn LLC cut its holdings in shares of Vontier Corporation (NYSE:VNT - Free Report) by 15.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 893,292 shares of the company's stock after selling 167,140 shares during the period. Vontier makes up 2.1% of Cramer Rosenthal Mcglynn LLC's holdings, making the stock its 11th biggest holding. Cramer Rosenthal Mcglynn LLC owned 0.60% of Vontier worth $29,345,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Caisse DE Depot ET Placement DU Quebec bought a new stake in shares of Vontier during the first quarter worth about $1,383,000. Comerica Bank grew its stake in shares of Vontier by 20.0% in the 1st quarter. Comerica Bank now owns 97,370 shares of the company's stock worth $3,199,000 after acquiring an additional 16,243 shares in the last quarter. Hotchkis & Wiley Capital Management LLC bought a new stake in shares of Vontier in the 1st quarter worth $5,663,000. AlphaQuest LLC bought a new stake in shares of Vontier in the 1st quarter worth $1,154,000. Finally, Ameriprise Financial Inc. grew its stake in shares of Vontier by 39.7% in the 1st quarter. Ameriprise Financial Inc. now owns 3,515,334 shares of the company's stock worth $115,479,000 after acquiring an additional 999,755 shares in the last quarter. 95.83% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several analysts have recently issued reports on VNT shares. Wall Street Zen upgraded shares of Vontier from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Citigroup reiterated a "buy" rating and issued a $45.00 target price (up previously from $37.00) on shares of Vontier in a research note on Monday, July 14th. Barclays reiterated an "overweight" rating on shares of Vontier in a research note on Monday, August 4th. UBS Group increased their price target 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. Finally, Robert W. Baird increased their price target on shares of Vontier from $40.00 to $45.00 and gave the company a "neutral" rating in a research report on Monday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have given a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and a consensus target price of $47.50.

Vontier Stock Performance

NYSE VNT traded down $0.58 during trading on Friday, hitting $42.85. 705,767 shares of the company's stock 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 PEG ratio of 1.43 and a beta of 1.31. Vontier Corporation has a 12-month low of $27.22 and a 12-month high of $43.78. 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 business has a 50 day moving average of $39.92 and a 200-day moving average of $36.23.

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

Vontier Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th will be issued a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $0.10 annualized dividend and a yield of 0.2%. 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.