Cramer Rosenthal Mcglynn LLC Sells 167,140 Shares of 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 decreased its position in shares of Vontier Corporation (NYSE:VNT - Free Report) by 15.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 893,292 shares of the company's stock after selling 167,140 shares during the quarter. Vontier accounts for 2.1% of Cramer Rosenthal Mcglynn LLC's portfolio, making the stock its 11th largest position. Cramer Rosenthal Mcglynn LLC owned about 0.60% of Vontier worth $29,345,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in VNT. Brooklyn Investment Group grew its holdings in shares of Vontier by 586.2% during the first quarter. Brooklyn Investment Group now owns 844 shares of the company's stock valued at $28,000 after buying an additional 721 shares during the last quarter. Olde Wealth Management LLC purchased a new stake in Vontier in the first quarter worth approximately $36,000. Summit Securities Group LLC purchased a new stake in Vontier in the first quarter worth approximately $64,000. Lazard Asset Management LLC purchased a new stake in Vontier in the fourth quarter worth approximately $73,000. Finally, GAMMA Investing LLC boosted its holdings in Vontier by 60.1% in the first quarter. GAMMA Investing LLC now owns 2,209 shares of the company's stock worth $73,000 after purchasing an additional 829 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company's stock.

Vontier Trading Down 1.3%

Shares of VNT stock traded down $0.58 during trading hours on Friday, reaching $42.85. 705,767 shares of the stock were exchanged, compared to its average volume of 984,360. Vontier Corporation has a 12-month low of $27.22 and a 12-month high of $43.78. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 1.32. The company's 50-day moving average price is $39.78 and its 200-day moving average price is $36.20. The firm has a market capitalization of $6.29 billion, a price-to-earnings ratio of 16.29, a price-to-earnings-growth ratio of 1.43 and a beta of 1.31.

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 the consensus estimate of $0.72 by $0.07. The company 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 firm's quarterly revenue was up 11.1% on a year-over-year basis. During the same period in the previous 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. As a group, equities analysts anticipate that Vontier Corporation will post 3.13 earnings per share for the current year.

Vontier Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th will be issued a $0.025 dividend. The ex-dividend date is Thursday, September 4th. This represents a $0.10 annualized dividend and a dividend yield of 0.2%. Vontier's payout ratio is currently 3.80%.

Wall Street Analyst Weigh In

VNT has been the topic of several recent research reports. The Goldman Sachs Group reiterated a "neutral" rating on shares of Vontier in a research report on Thursday, July 31st. KeyCorp started coverage on shares of Vontier in a research report on Thursday, August 21st. They set an "overweight" rating and a $50.00 price objective on the stock. UBS Group raised their price objective 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. Citigroup restated a "buy" rating and set a $45.00 price objective (up from $37.00) on shares of Vontier in a research report on Monday, July 14th. Finally, Robert W. Baird raised their price objective 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 research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of $47.50.

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.