EntryPoint Capital LLC Buys New Position in Vontier Corporation $VNT

Key Points

• EntryPoint Capital LLC invested $437,000 in Vontier Corporation, acquiring 13,314 shares in the first quarter of the year.
• Vontier's recent earnings report showed a profit of $0.79 per share, surpassing estimates, with revenue increasing by 11.1% year-over-year to $773.50 million.
• Analysts have upgraded Vontier’s stock to a "strong-buy," with a consensus price target of $47.14 as several institutional investors bolstered their stakes in the company.

EntryPoint Capital LLC purchased a new stake in shares of Vontier Corporation (NYSE:VNT - Free Report) in the first quarter, according to its most recent Form 13F filing with the SEC. The firm purchased 13,314 shares of the company's stock, valued at approximately $437,000.

A number of other large investors also recently bought and sold shares of VNT. Nuveen LLC purchased a new position in Vontier during the 1st quarter valued at about $67,744,000. Millennium Management LLC lifted its position in Vontier by 659.9% during the 4th quarter. Millennium Management LLC now owns 860,423 shares of the company's stock valued at $31,380,000 after acquiring an additional 747,196 shares during the period. J. Goldman & Co LP purchased a new position in Vontier during the 4th quarter valued at about $17,478,000. Burkehill Global Management LP purchased a new position in Vontier during the 1st quarter valued at about $9,855,000. Finally, Point72 Asset Management L.P. lifted its position in Vontier by 821.7% during the 4th quarter. Point72 Asset Management L.P. now owns 321,674 shares of the company's stock valued at $11,731,000 after acquiring an additional 286,774 shares during the period. 95.83% of the stock is owned by hedge funds and other institutional investors.

Vontier Stock Performance

Shares of VNT traded down $0.4740 during mid-day trading on Monday, hitting $43.2360. 358,632 shares of the company traded hands, compared to its average volume of 981,804. 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 stock has a 50-day moving average price of $39.17 and a two-hundred day moving average price of $36.03. Vontier Corporation has a 1 year low of $27.22 and a 1 year high of $43.77. The stock has a market cap of $6.34 billion, a price-to-earnings ratio of 16.45, a P/E/G ratio of 1.44 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 for the quarter, beating the consensus estimate of $0.72 by $0.07. Vontier had a net margin of 12.99% and a return on equity of 41.96%. The firm had revenue of $773.50 million during the quarter, compared to analysts' expectations of $734.23 million. During the same period in the previous year, the company earned $0.63 earnings per share. 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. Equities analysts anticipate that Vontier Corporation will post 3.13 earnings per share for the current year.

Vontier Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Investors 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 yield of 0.2%. The ex-dividend date is Thursday, September 4th. Vontier's payout ratio is 3.80%.

Analyst Ratings Changes

Several research 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. The Goldman Sachs Group reiterated a "neutral" rating on shares of Vontier in a research note on Thursday, July 31st. Argus upgraded shares of Vontier from a "hold" rating to a "buy" rating and set a $47.00 target price on the stock in a research note on Tuesday, August 5th. UBS Group upped their target price on shares of Vontier from $47.00 to $50.00 and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Finally, Barclays reiterated an "overweight" rating on shares of Vontier in a research note on Monday, August 4th. One 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 company's stock. Based on data from MarketBeat.com, the company presently has a consensus 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.