172,390 Shares in Vontier Corporation $VNT Acquired by Hotchkis & Wiley Capital Management LLC

Key Points

• Hotchkis & Wiley Capital Management LLC has acquired a new stake in Vontier Corporation, purchasing 172,390 shares valued at approximately $5.66 million, representing 0.12% ownership.
• Vontier reported earnings of $0.79 per share for the last quarter, exceeding expectations, and its annual revenue increased by 11.1% compared to the previous year.
• The company announced a quarterly dividend of $0.025 per share, with a dividend yield of 0.2%, and a payout ratio of 3.80%.

Hotchkis & Wiley Capital Management LLC acquired a new position in Vontier Corporation (NYSE:VNT - Free Report) during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund acquired 172,390 shares of the company's stock, valued at approximately $5,663,000. Hotchkis & Wiley Capital Management LLC owned 0.12% of Vontier as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Nuveen LLC purchased a new stake in shares of Vontier during the 1st quarter worth approximately $67,744,000. Ameriprise Financial Inc. grew its holdings in Vontier by 39.7% during the first quarter. Ameriprise Financial Inc. now owns 3,515,334 shares of the company's stock valued at $115,479,000 after purchasing an additional 999,755 shares during the period. Millennium Management LLC increased its position in Vontier by 659.9% in the fourth quarter. Millennium Management LLC now owns 860,423 shares of the company's stock worth $31,380,000 after buying an additional 747,196 shares during the last quarter. J. Goldman & Co LP purchased a new stake in Vontier in the fourth quarter worth $17,478,000. Finally, Burkehill Global Management LP bought a new stake in shares of Vontier in the first quarter valued at $9,855,000. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Vontier Price Performance

Shares of Vontier stock traded down $0.58 on Friday, reaching $42.85. The stock had a trading volume of 705,767 shares, compared to its average volume of 1,068,605. The business's 50 day moving average is $39.92 and its two-hundred day moving average is $36.22. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 1.32. 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 P/E ratio of 16.29, a price-to-earnings-growth ratio of 1.42 and a beta of 1.31.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings data on Thursday, July 31st. The company reported $0.79 EPS 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 company had revenue of $773.50 million during the quarter, compared to analysts' expectations of $734.23 million. During the same quarter in the previous year, the company earned $0.63 earnings per share. Vontier's revenue for the quarter 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, research analysts anticipate that Vontier Corporation will post 3.13 EPS for the current year.

Vontier Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 4th will be given a $0.025 dividend. 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 (DPR) is 3.80%.

Wall Street Analyst Weigh In

Several research firms have recently weighed in on VNT. Argus upgraded Vontier from a "hold" rating to a "buy" rating and set a $47.00 price target for the company in a research note on Tuesday, August 5th. Evercore ISI restated an "outperform" rating on shares of Vontier in a research note on Tuesday, August 19th. KeyCorp started coverage on shares of Vontier in a research report on Thursday, August 21st. They set an "overweight" rating and a $50.00 target price for the company. Barclays reiterated an "overweight" rating on shares of Vontier in a research note on Monday, August 4th. Finally, Wall Street Zen raised shares of Vontier from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. One 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 company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and a consensus price target 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.