Vontier Corporation $VNT Shares Sold by Swiss National Bank

Key Points

• The Swiss National Bank reduced its stake in Vontier Corporation by 3.5% during the first quarter, now owning approximately 0.20% of the company, valued at $9.56 million after selling 10,400 shares.
• Vontier reported a quarterly earnings per share (EPS) of $0.79, exceeding expectations, with revenues of $773.5 million, a year-over-year increase of 11.1%.
• Wall Street analysts are optimistic about Vontier's stock, with several raising price targets; UBS has increased theirs to $50.00, while the average target price is around $47.14.

Swiss National Bank reduced its stake in shares of Vontier Corporation (NYSE:VNT - Free Report) by 3.5% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 291,000 shares of the company's stock after selling 10,400 shares during the period. Swiss National Bank owned 0.20% of Vontier worth $9,559,000 as of its most recent SEC filing.

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

Vontier Stock Down 1.1%

Vontier stock traded down $0.4650 during trading on Wednesday, reaching $42.2150. 211,229 shares of the company's stock were exchanged, compared to its average volume of 984,103. The company's 50-day moving average is $38.78 and its two-hundred day moving average is $35.96. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.80 and a current ratio of 1.08. Vontier Corporation has a 52-week low of $27.22 and a 52-week high of $43.32. The firm has a market cap of $6.19 billion, a price-to-earnings ratio of 16.05, a PEG ratio of 1.41 and a beta of 1.31.

Vontier (NYSE:VNT - Get Free Report) last announced its quarterly 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. 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 prior year, the company earned $0.63 EPS. The firm's revenue 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. On average, analysts predict that Vontier Corporation will post 3.13 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on the stock. The Goldman Sachs Group reissued a "neutral" rating on shares of Vontier in a research note on Thursday, July 31st. UBS Group boosted their price objective on shares of Vontier from $47.00 to $50.00 and gave the company a "buy" rating in a research note on Tuesday, August 5th. Robert W. Baird boosted their price objective on shares of Vontier from $40.00 to $45.00 and gave the company a "neutral" rating in a research note on Monday, August 4th. Wall Street Zen raised shares of Vontier from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Finally, Argus raised 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 equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $47.14.

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.