Price T Rowe Associates Inc. MD Purchases 9,682 Shares of Vontier Corporation $VNT

Key Points

• Price T Rowe Associates Inc. has increased its stake in Vontier Corporation by 0.6%, now owning over 1.6 million shares valued at approximately $52.7 million.
• Vontier recently reported an earnings per share (EPS) of $0.79 for the last quarter, exceeding analysts' estimates of $0.72, and has set a target EPS guidance for FY 2025 between 3.100 and 3.200.
• The company declared a quarterly dividend of $0.025 per share to be paid on September 25th, representing a low annualized yield of 0.2% and a payout ratio of 3.80%.

Price T Rowe Associates Inc. MD increased its holdings in Vontier Corporation (NYSE:VNT - Free Report) by 0.6% in the 1st quarter, according to its most recent filing with the SEC. The institutional investor owned 1,604,774 shares of the company's stock after buying an additional 9,682 shares during the quarter. Price T Rowe Associates Inc. MD owned about 1.09% of Vontier worth $52,718,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Brooklyn Investment Group increased its holdings in Vontier by 586.2% in the 1st quarter. Brooklyn Investment Group now owns 844 shares of the company's stock worth $28,000 after buying an additional 721 shares in the last quarter. Olde Wealth Management LLC bought a new position in Vontier in the first quarter valued at about $36,000. Summit Securities Group LLC purchased a new position in Vontier in the first quarter worth about $64,000. Lazard Asset Management LLC bought a new stake in shares of Vontier during the 4th quarter valued at about $73,000. Finally, GAMMA Investing LLC grew its stake in shares of Vontier by 60.1% during the 1st quarter. GAMMA Investing LLC now owns 2,209 shares of the company's stock valued at $73,000 after purchasing an additional 829 shares during the period. 95.83% of the stock is currently owned by institutional investors.

Vontier Price Performance

Shares of NYSE VNT traded down $0.58 during mid-day trading on Monday, reaching $42.85. The company's stock had a trading volume of 705,767 shares, compared to its average volume of 1,008,302. The firm has a market capitalization of $6.29 billion, a PE ratio of 16.29, a P/E/G ratio of 1.42 and a beta of 1.31. 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 stock has a fifty day moving average of $40.05 and a two-hundred day moving average of $36.23. Vontier Corporation has a 52 week low of $27.22 and a 52 week high of $43.78.

Vontier (NYSE:VNT - Get Free Report) last released its quarterly earnings data 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. The firm had revenue of $773.50 million during the quarter, compared to analyst estimates of $734.23 million. Vontier had a return on equity of 41.96% and a net margin of 12.99%.The business's quarterly revenue was up 11.1% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.63 earnings per share. 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 anticipate that Vontier Corporation will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 0.2%. Vontier's dividend payout ratio is 3.80%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have issued reports on VNT shares. Barclays restated an "overweight" rating on shares of Vontier in a research note on Monday, August 4th. Wall Street Zen upgraded Vontier from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. Argus upgraded Vontier from a "hold" rating to a "buy" rating and set a $47.00 price target for the company in a research note on Tuesday, August 5th. Evercore ISI restated an "outperform" rating on shares of Vontier in a research note on Tuesday, August 19th. Finally, UBS Group boosted their price target on Vontier from $47.00 to $50.00 and gave the company a "buy" rating in a research note on Tuesday, August 5th. One 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 company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus target price 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.