Neuberger Berman Group LLC Has $393,000 Stock Holdings in Vontier Corporation $VNT

Key Points

• Neuberger Berman Group LLC increased its stake in Vontier Corporation by 114.6% in Q1, now holding 11,956 shares valued at $393,000.
• Analysts have shown optimism, with Citigroup and UBS Group raising their price targets while maintaining "buy" ratings on Vontier, indicating a consensus rating of "Moderate Buy."
• Vontier recently reported quarterly earnings of $0.79 EPS, exceeding estimates, with revenue growth of 11.1% compared to the prior year.

Neuberger Berman Group LLC increased its position in shares of Vontier Corporation (NYSE:VNT - Free Report) by 114.6% in the 1st quarter, according to the company in its most recent disclosure with the SEC. The fund owned 11,956 shares of the company's stock after purchasing an additional 6,385 shares during the quarter. Neuberger Berman Group LLC's holdings in Vontier were worth $393,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Nuveen LLC acquired a new position in Vontier in the first quarter valued at $67,744,000. Millennium Management LLC increased its stake in Vontier by 659.9% during the fourth quarter. Millennium Management LLC now owns 860,423 shares of the company's stock worth $31,380,000 after acquiring an additional 747,196 shares during the last quarter. J. Goldman & Co LP acquired a new stake in shares of Vontier in the fourth quarter valued at about $17,478,000. Capital World Investors grew its stake in Vontier by 39.4% during the 4th quarter. Capital World Investors now owns 1,128,451 shares of the company's stock valued at $41,155,000 after purchasing an additional 318,775 shares in the last quarter. Finally, Burkehill Global Management LP acquired a new stake in Vontier during the 1st quarter valued at approximately $9,855,000. 95.83% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on VNT shares. Robert W. Baird raised their price target on Vontier from $40.00 to $45.00 and gave the stock a "neutral" rating in a report on Monday, August 4th. Barclays reiterated an "overweight" rating on shares of Vontier in a research report on Monday, August 4th. Evercore ISI restated an "outperform" rating on shares of Vontier in a report on Tuesday. Wall Street Zen raised Vontier from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. Finally, The Goldman Sachs Group reaffirmed a "neutral" rating on shares of Vontier in a research report on Thursday, July 31st. Six research analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average target price of $47.14.

Vontier Stock Performance

Shares of Vontier stock traded down $0.54 during trading on Wednesday, reaching $42.14. The company's stock had a trading volume of 277,181 shares, compared to its average volume of 984,383. 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 business's fifty day moving average price is $38.78 and its 200-day moving average price is $35.96. The firm has a market cap of $6.18 billion, a price-to-earnings ratio of 16.02, a price-to-earnings-growth ratio of 1.41 and a beta of 1.31. Vontier Corporation has a one year low of $27.22 and a one year high of $43.32.

Vontier (NYSE:VNT - Get Free Report) last posted its quarterly earnings data 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 business had revenue of $773.50 million for the quarter, compared to analyst estimates of $734.23 million. During the same period in the previous year, the company posted $0.63 earnings per share. The firm'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, equities research analysts predict that Vontier Corporation will post 3.13 earnings per share 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.