Vontier Corporation $VNT Shares Sold by Epoch Investment Partners Inc.

Key Points

• Epoch Investment Partners Inc. has reduced its stake in Vontier Corporation by 48.7%, now holding 17,524 shares valued at $576,000 according to a recent SEC filing.
• Multiple institutional investors have increased their stakes in Vontier, with Ameriprise Financial Inc. growing its position by 39.7%, acquiring an additional 999,755 shares.
• Vontier recently reported a quarterly earnings per share of $0.79, surpassing analysts' expectations, with a revenue increase of 11.1% year-over-year totaling $773.50 million.

Epoch Investment Partners Inc. cut its holdings in shares of Vontier Corporation (NYSE:VNT - Free Report) by 48.7% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 17,524 shares of the company's stock after selling 16,637 shares during the period. Epoch Investment Partners Inc.'s holdings in Vontier were worth $576,000 as of its most recent SEC filing.

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

Analysts Set New Price Targets

Several equities research analysts have commented on VNT shares. KeyCorp started coverage on Vontier in a research note on Thursday, August 21st. They set an "overweight" rating and a $50.00 price objective for the company. Wall Street Zen upgraded Vontier from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Citigroup reiterated a "buy" rating and set a $45.00 price objective (up from $37.00) on shares of Vontier in a research note on Monday, July 14th. Robert W. Baird boosted their price objective on Vontier from $40.00 to $45.00 and gave the stock a "neutral" rating in a research note on Monday, August 4th. Finally, Argus upgraded Vontier from a "hold" rating to a "buy" rating and set a $47.00 price objective for the company in a research note on Tuesday, August 5th. One 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 company's stock. According to MarketBeat, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $47.50.

Vontier Price Performance

VNT traded down $0.58 during trading on Monday, reaching $42.85. The company's stock had a trading volume of 705,767 shares, compared to its average volume of 1,008,302. 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 firm has a fifty day simple moving average of $39.92 and a two-hundred day simple moving average of $36.21. Vontier Corporation has a 1 year low of $27.22 and a 1 year high of $43.78. The company has a market cap of $6.29 billion, a price-to-earnings ratio of 16.29, a PEG ratio of 1.42 and a beta of 1.31.

Vontier (NYSE:VNT - Get Free Report) last released 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 business had revenue of $773.50 million for 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%. The business's revenue was up 11.1% on a year-over-year basis. During the same period last year, the company posted $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, analysts anticipate that Vontier Corporation will post 3.13 EPS for the current year.

Vontier Announces Dividend

The company also recently declared 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 of this dividend 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.