Signet Financial Management LLC Invests $2.24 Million in Vontier Corporation $VNT

Key Points

• Signet Financial Management LLC invested approximately $2.24 million in Vontier Corporation during the 2nd quarter, acquiring 60,672 shares of the company's stock.
• Vontier reported a better-than-expected earnings per share (EPS) of $0.79 for the last quarter, surpassing the consensus estimate by $0.07, with a revenue of $773.5 million.
• The company announced a quarterly dividend of $0.025, payable on September 25th, representing a 0.2% annualized dividend yield.

Signet Financial Management LLC bought a new position in shares of Vontier Corporation (NYSE:VNT - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 60,672 shares of the company's stock, valued at approximately $2,239,000.

Several other large investors also recently bought and sold shares of VNT. Deutsche Bank AG grew its position in Vontier by 4.4% during the 4th quarter. Deutsche Bank AG now owns 14,379 shares of the company's stock worth $524,000 after purchasing an additional 604 shares during the last quarter. Vident Advisory LLC purchased a new stake in Vontier during the 4th quarter worth approximately $424,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its position in Vontier by 13.4% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 521,525 shares of the company's stock worth $19,020,000 after purchasing an additional 61,690 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Vontier during the 4th quarter worth approximately $3,386,000. Finally, Wealth Enhancement Advisory Services LLC grew its position in Vontier by 13.4% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,760 shares of the company's stock worth $247,000 after purchasing an additional 801 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company's stock.

Vontier Stock Performance

VNT opened at $42.30 on Thursday. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.08 and a quick ratio of 0.80. The firm has a fifty day moving average price of $41.80 and a 200 day moving average price of $36.92. Vontier Corporation has a 1 year low of $27.22 and a 1 year high of $43.88. The stock has a market cap of $6.21 billion, a P/E ratio of 16.08, a P/E/G ratio of 1.42 and a beta of 1.31.

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

Vontier Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 4th will be paid a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Thursday, September 4th. Vontier's payout ratio is currently 3.80%.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on VNT. KeyCorp began coverage on shares of Vontier in a research report on Thursday, August 21st. They set an "overweight" rating and a $50.00 target price on the stock. Robert W. Baird upped their price objective on shares of Vontier from $40.00 to $45.00 and gave the company a "neutral" rating in a report on Monday, August 4th. The Goldman Sachs Group reaffirmed a "neutral" rating on shares of Vontier in a report on Thursday, July 31st. Evercore ISI reaffirmed an "outperform" rating on shares of Vontier in a report on Tuesday, August 19th. Finally, Argus raised shares of Vontier from a "hold" rating to a "buy" rating and set a $47.00 price objective on the stock in a report on Tuesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price 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.

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