Invesco Ltd. Raises Holdings in Vontier Corporation $VNT

Key Points

• Invesco Ltd. increased its stake in Vontier Corporation by 2.9%, now owning 1,452,537 shares valued at approximately $47.72 million.
• Vontier's stock is currently trading at $42.12, down 2.2%, with a market cap of $6.18 billion and a 12-month high of $43.32.
• Recent analyst ratings show a consensus of "Moderate Buy", with price targets raised by several firms, suggesting an average target of $47.14.

Invesco Ltd. grew its stake in Vontier Corporation (NYSE:VNT - Free Report) by 2.9% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,452,537 shares of the company's stock after acquiring an additional 40,528 shares during the period. Invesco Ltd. owned 0.98% of Vontier worth $47,716,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Benjamin Edwards Inc. grew its stake in Vontier by 2.2% in the fourth quarter. Benjamin Edwards Inc. now owns 12,287 shares of the company's stock worth $448,000 after purchasing an additional 270 shares in the last quarter. Klein Pavlis & Peasley Financial Inc. raised its holdings in shares of Vontier by 0.8% in the first quarter. Klein Pavlis & Peasley Financial Inc. now owns 37,000 shares of the company's stock valued at $1,218,000 after acquiring an additional 300 shares in the last quarter. DekaBank Deutsche Girozentrale lifted its stake in Vontier by 3.8% in the first quarter. DekaBank Deutsche Girozentrale now owns 9,287 shares of the company's stock worth $301,000 after acquiring an additional 337 shares during the period. Blue Trust Inc. lifted its stake in Vontier by 14.9% in the first quarter. Blue Trust Inc. now owns 4,437 shares of the company's stock worth $146,000 after acquiring an additional 574 shares during the period. Finally, Captrust Financial Advisors grew its holdings in Vontier by 0.4% during the 4th quarter. Captrust Financial Advisors now owns 153,598 shares of the company's stock worth $5,602,000 after acquiring an additional 597 shares in the last quarter. Institutional investors own 95.83% of the company's stock.

Wall Street Analyst Weigh In

VNT has been the subject of a number of analyst reports. Robert W. Baird upped their target price on Vontier from $40.00 to $45.00 and gave the stock a "neutral" rating in a report on Monday, August 4th. UBS Group raised their price objective on Vontier from $47.00 to $50.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Evercore ISI reiterated an "outperform" rating on shares of Vontier in a report on Tuesday. The Goldman Sachs Group restated a "neutral" rating on shares of Vontier in a report on Thursday, July 31st. Finally, Argus upgraded shares of 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. Six research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $47.14.

Vontier Stock Performance

Shares of NYSE:VNT traded up $0.1950 on Tuesday, hitting $42.6450. 630,365 shares of the company were exchanged, compared to its average volume of 1,223,996. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 1.32. The stock's 50 day moving average price is $38.78 and its 200 day moving average price is $35.96. Vontier Corporation has a 1-year low of $27.22 and a 1-year high of $43.32. The firm has a market capitalization of $6.26 billion, a P/E ratio of 16.21, a price-to-earnings-growth ratio of 1.41 and a beta of 1.31.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.79 EPS for the quarter, topping analysts' consensus estimates of $0.72 by $0.07. Vontier had a return on equity of 41.96% and a net margin of 12.99%.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 firm posted $0.63 EPS. The firm's revenue was up 11.1% compared to the same quarter last year. Vontier has set its FY 2025 guidance at 3.100-3.200 EPS. Q3 2025 guidance at 0.740-0.780 EPS. Sell-side analysts predict that Vontier Corporation will post 3.13 EPS for the current year.

Vontier Company Profile

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.