Cubist Systematic Strategies LLC Has $2.37 Million Stake in Vontier Corporation $VNT

Key Points

• Cubist Systematic Strategies LLC has reduced its stake in Vontier Corporation by 71.5%, now holding 72,012 shares worth approximately $2.37 million.
• Vontier's stock has received positive analyst ratings, with UBS raising the price target from $47.00 to $50.00 and an average consensus target price of $47.50.
• The company recently reported $0.79 earnings per share for the last quarter, exceeding estimates, along with a projected annual EPS guidance of 3.100-3.200.

Cubist Systematic Strategies LLC reduced its holdings in Vontier Corporation (NYSE:VNT - Free Report) by 71.5% during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 72,012 shares of the company's stock after selling 180,241 shares during the quarter. Cubist Systematic Strategies LLC's holdings in Vontier were worth $2,366,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of the business. Brooklyn Investment Group raised its position in Vontier by 586.2% in the 1st quarter. Brooklyn Investment Group now owns 844 shares of the company's stock valued at $28,000 after purchasing an additional 721 shares during the last quarter. Olde Wealth Management LLC bought a new position in shares of Vontier in the first quarter valued at about $36,000. Summit Securities Group LLC bought a new position in shares of Vontier in the first quarter valued at about $64,000. Lazard Asset Management LLC acquired a new position in Vontier during the 4th quarter worth about $73,000. Finally, GAMMA Investing LLC grew its holdings in Vontier by 60.1% during the 1st quarter. GAMMA Investing LLC now owns 2,209 shares of the company's stock worth $73,000 after acquiring an additional 829 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on VNT shares. Wall Street Zen raised shares of Vontier from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. UBS Group raised their price target on shares of Vontier from $47.00 to $50.00 and gave the company a "buy" rating in a report on Tuesday, August 5th. Argus raised Vontier from a "hold" rating to a "buy" rating and set a $47.00 price objective on the stock in a report on Tuesday, August 5th. The Goldman Sachs Group reiterated a "neutral" rating on shares of Vontier in a research report on Thursday, July 31st. Finally, Barclays restated an "overweight" rating on shares of Vontier in a research report on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat, Vontier currently has an average rating of "Moderate Buy" and a consensus target price of $47.50.

Vontier Price Performance

Shares of VNT stock opened at $43.39 on Friday. The firm's 50 day moving average price is $40.52 and its two-hundred day moving average price is $36.34. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.80 and a current ratio of 1.08. Vontier Corporation has a 52-week low of $27.22 and a 52-week high of $43.78. The stock has a market cap of $6.37 billion, a PE ratio of 16.50, a PEG ratio of 1.43 and a beta of 1.31.

Vontier (NYSE:VNT - Get Free Report) last posted its quarterly earnings results on Thursday, July 31st. The company reported $0.79 earnings per share for the quarter, beating analysts' consensus estimates 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 for the quarter, compared to the consensus estimate of $734.23 million. During the same quarter in the prior year, the business posted $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. As a group, analysts forecast that Vontier Corporation will post 3.13 EPS for the current year.

Vontier Dividend Announcement

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

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.

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