EntryPoint Capital LLC Purchases 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 acquired a new stake in Vontier Corporation (NYSE:VNT - Free Report) during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 13,314 shares of the company's stock, valued at approximately $437,000.

Several other hedge funds also recently bought and sold shares of VNT. Rockefeller Capital Management L.P. acquired a new stake in Vontier in the fourth quarter worth $368,000. Barclays PLC grew its position in Vontier by 117.5% in the fourth quarter. Barclays PLC now owns 219,328 shares of the company's stock valued at $7,998,000 after purchasing an additional 118,492 shares in the last quarter. Marshall Wace LLP acquired a new stake in Vontier in the fourth quarter valued at $1,430,000. Canada Pension Plan Investment Board acquired a new stake in Vontier in the fourth quarter valued at $609,000. Finally, CANADA LIFE ASSURANCE Co lifted its stake in Vontier by 3.4% in the fourth quarter. CANADA LIFE ASSURANCE Co now owns 132,473 shares of the company's stock valued at $4,830,000 after acquiring an additional 4,308 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several brokerages have issued reports on VNT. The Goldman Sachs Group restated a "neutral" rating on shares of Vontier in a research report on Thursday, July 31st. Barclays restated an "overweight" rating on shares of Vontier in a research report on Monday, August 4th. Evercore ISI reiterated an "outperform" rating on shares of Vontier in a research note on Tuesday, August 19th. KeyCorp initiated coverage on shares of Vontier in a research note on Thursday, August 21st. They issued an "overweight" rating and a $50.00 price objective for the company. Finally, UBS Group lifted their price objective 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. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have assigned a Hold rating to the company's stock. Based on data from MarketBeat, the company has an average rating of "Moderate Buy" and an average price target of $47.50.

Vontier Price Performance

Shares of NYSE:VNT traded up $0.35 during midday trading on Tuesday, hitting $43.48. The stock had a trading volume of 160,674 shares, compared to its average volume of 978,690. The company's 50-day moving average price is $39.30 and its 200-day moving average price is $36.06. The company has a market capitalization of $6.38 billion, a P/E ratio of 16.53, a price-to-earnings-growth ratio of 1.44 and a beta of 1.31. The company has a quick ratio of 0.80, a current ratio of 1.08 and a debt-to-equity ratio of 1.32. Vontier Corporation has a fifty-two week low of $27.22 and a fifty-two week high of $43.77.

Vontier (NYSE:VNT - Get Free Report) last issued its earnings results on Thursday, July 31st. The company reported $0.79 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 business's revenue for the quarter was up 11.1% compared to the same quarter last year. 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 research analysts predict that Vontier Corporation will post 3.13 EPS for the current fiscal year.

Vontier Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Investors 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 dividend yield of 0.2%. Vontier's payout ratio is 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.