CW Advisors LLC Purchases New Position in Vontier Corporation $VNT

Key Points

• CW Advisors LLC has invested $250,000 in Vontier Corporation by acquiring 7,608 shares during the first quarter.
• Vontier reported a Q2 earnings of $0.79 per share, surpassing analysts' expectations, with revenues of $773.50 million, marking an increase of 11.1% year-over-year.
• The company recently declared a quarterly dividend of $0.025 per share, representing an annualized dividend of $0.10 with a yield of 0.2%.

CW Advisors LLC acquired a new position in Vontier Corporation (NYSE:VNT - Free Report) in the first quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 7,608 shares of the company's stock, valued at approximately $250,000.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Brooklyn Investment Group boosted its holdings in shares of Vontier by 586.2% in the 1st quarter. Brooklyn Investment Group now owns 844 shares of the company's stock worth $28,000 after purchasing an additional 721 shares in the last quarter. Olde Wealth Management LLC purchased a new position in shares of Vontier in the 1st quarter worth about $36,000. Summit Securities Group LLC purchased a new position in shares of Vontier in the 1st quarter worth about $64,000. Lazard Asset Management LLC purchased a new position in shares of Vontier in the 4th quarter worth about $73,000. Finally, GAMMA Investing LLC boosted its holdings in shares of Vontier by 60.1% in the 1st quarter. GAMMA Investing LLC now owns 2,209 shares of the company's stock worth $73,000 after purchasing an additional 829 shares in the last quarter. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Vontier Trading Up 0.3%

Shares of Vontier stock traded up $0.13 during trading on Wednesday, reaching $42.53. 716,414 shares of the stock were exchanged, compared to its average volume of 948,204. The company has a quick ratio of 0.80, a current ratio of 1.08 and a debt-to-equity ratio of 1.32. The stock's fifty day moving average is $40.27 and its 200 day moving average is $36.32. The firm has a market cap of $6.24 billion, a price-to-earnings ratio of 16.17, a price-to-earnings-growth ratio of 1.42 and a beta of 1.31. Vontier Corporation has a 1 year low of $27.22 and a 1 year high of $43.78.

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

Vontier Dividend Announcement

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

Analysts Set New Price Targets

VNT has been the topic of several analyst reports. Barclays reiterated an "overweight" rating on shares of Vontier in a report on Monday, August 4th. UBS Group lifted their price objective on Vontier from $47.00 to $50.00 and gave the stock a "buy" rating in a report on Tuesday, August 5th. Argus upgraded 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. Citigroup reiterated a "buy" rating and issued a $45.00 price objective (up previously from $37.00) on shares of Vontier in a research report on Monday, July 14th. Finally, KeyCorp began coverage on Vontier in a research report 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 stock. Based on data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and an average target price of $47.50.

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.