Vontier Corporation $VNT Shares Acquired by Stanley Capital Management LLC

Key Points

• Stanley Capital Management LLC increased its stake in Vontier Corporation by 14%, acquiring an additional 66,000 shares, bringing its total to 536,000 shares.
• Vontier reported a quarterly earnings per share of $0.79, surpassing estimates, with revenue increasing 11.1% year-over-year to $773.50 million.
• The company announced a $0.025 quarterly dividend, scheduled for payment on September 25th, representing an annualized yield of 0.2%.

Stanley Capital Management LLC grew its position in Vontier Corporation (NYSE:VNT - Free Report) by 14.0% in the first quarter, according to the company in its most recent disclosure with the SEC. The firm owned 536,000 shares of the company's stock after acquiring an additional 66,000 shares during the period. Vontier comprises approximately 3.5% of Stanley Capital Management LLC's investment portfolio, making the stock its 12th biggest position. Stanley Capital Management LLC owned approximately 0.36% of Vontier worth $17,608,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Nuveen LLC acquired a new position in shares of Vontier during the 1st quarter worth about $67,744,000. Woodline Partners LP raised its position in shares of Vontier by 132.9% during the 1st quarter. Woodline Partners LP now owns 1,879,793 shares of the company's stock worth $61,751,000 after purchasing an additional 1,072,683 shares during the last quarter. Ameriprise Financial Inc. raised its position in shares of Vontier by 39.7% during the 1st quarter. Ameriprise Financial Inc. now owns 3,515,334 shares of the company's stock worth $115,479,000 after purchasing an additional 999,755 shares during the last quarter. Millennium Management LLC raised its position in shares of Vontier by 659.9% during the 4th quarter. Millennium Management LLC now owns 860,423 shares of the company's stock worth $31,380,000 after purchasing an additional 747,196 shares during the last quarter. Finally, Ceredex Value Advisors LLC acquired a new position in shares of Vontier during the 1st quarter worth about $11,391,000. Institutional investors and hedge funds own 95.83% of the company's stock.

Vontier Stock Up 0.7%

Shares of NYSE VNT opened at $43.23 on Friday. Vontier Corporation has a 12-month low of $27.22 and a 12-month high of $43.78. The stock has a market cap of $6.34 billion, a PE ratio of 16.44, a P/E/G ratio of 1.42 and a beta of 1.31. 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 company has a 50-day moving average of $40.95 and a 200 day moving average of $36.49.

Vontier (NYSE:VNT - Get Free Report) last announced its quarterly earnings data 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 company had revenue of $773.50 million during the quarter, compared to analysts' expectations of $734.23 million. During the same quarter in the prior year, the company earned $0.63 EPS. Vontier'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. As a group, sell-side analysts predict that Vontier Corporation will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

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

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. KeyCorp assumed coverage on shares of Vontier in a research report on Thursday, August 21st. They set an "overweight" rating and a $50.00 price target for the company. UBS Group upped their price target on shares of Vontier from $47.00 to $50.00 and gave the stock a "buy" rating in a research report on Tuesday, August 5th. Wall Street Zen upgraded shares of Vontier from a "buy" rating to a "strong-buy" rating in a research report on Saturday, August 2nd. Barclays restated an "overweight" rating on shares of Vontier in a research report on Monday, August 4th. Finally, Evercore ISI restated an "outperform" rating on shares of Vontier in a research report on Tuesday, August 19th. 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. Based on data from MarketBeat, Vontier currently has a consensus rating of "Moderate Buy" and an average price target of $47.50.

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.

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