Stanley Capital Management LLC Increases Stock Holdings in Vontier Corporation $VNT

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 boosted its position in Vontier Corporation (NYSE:VNT - Free Report) by 14.0% during the 1st quarter, according to its most recent Form 13F filing with the SEC. The fund owned 536,000 shares of the company's stock after purchasing an additional 66,000 shares during the period. Vontier comprises 3.5% of Stanley Capital Management LLC's portfolio, making the stock its 12th biggest holding. Stanley Capital Management LLC owned about 0.36% of Vontier worth $17,608,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also bought and sold shares of the company. Brooklyn Investment Group raised its stake in shares of Vontier by 586.2% in the first quarter. Brooklyn Investment Group now owns 844 shares of the company's stock worth $28,000 after buying an additional 721 shares during the period. Olde Wealth Management LLC bought a new position in shares of Vontier in the first quarter worth about $36,000. Summit Securities Group LLC bought a new position in shares of Vontier in the first quarter worth about $64,000. Lazard Asset Management LLC bought a new position in shares of Vontier in the fourth quarter worth about $73,000. Finally, GAMMA Investing LLC raised its stake in shares of Vontier by 60.1% in the first quarter. GAMMA Investing LLC now owns 2,209 shares of the company's stock worth $73,000 after buying an additional 829 shares during the period. 95.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several research analysts have recently commented on the company. Barclays reaffirmed an "overweight" rating on shares of Vontier in a research note on Monday, August 4th. Argus raised Vontier from a "hold" rating to a "buy" rating and set a $47.00 price objective on the stock in a research note on Tuesday, August 5th. KeyCorp assumed coverage on Vontier in a research note on Thursday, August 21st. They issued an "overweight" rating and a $50.00 price objective on the stock. The Goldman Sachs Group reaffirmed a "neutral" rating on shares of Vontier in a research note on Thursday, July 31st. Finally, Robert W. Baird lifted their target price on Vontier from $40.00 to $45.00 and gave the company a "neutral" rating in a research note on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $47.50.

Vontier Price Performance

VNT traded up $0.21 on Wednesday, hitting $42.80. 222,965 shares of the company's stock traded hands, compared to its average volume of 966,623. The firm has a market cap of $6.28 billion, a price-to-earnings ratio of 16.27, a P/E/G ratio of 1.41 and a beta of 1.31. The company's 50 day simple moving average is $41.22 and its 200-day simple moving average is $36.59. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 1.32. Vontier Corporation has a one year low of $27.22 and a one year high of $43.78.

Vontier (NYSE:VNT - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.07. The business had revenue of $773.50 million during the quarter, compared to analysts' expectations of $734.23 million. Vontier had a return on equity of 41.96% and a net margin of 12.99%.The firm's revenue for the quarter was up 11.1% compared to the same quarter last year. During the same quarter last year, the business posted $0.63 EPS. 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, research analysts anticipate that Vontier Corporation will post 3.13 EPS for the current year.

Vontier Announces Dividend

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

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.