Vontier Corporation $VNT Shares Purchased by Vanguard Personalized Indexing Management LLC

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in Vontier Corporation by 33.8%, owning 38,413 shares valued at $1,422,000 by the end of the second quarter.
• Analysts have set new price targets for Vontier, with KeyCorp recommending an "overweight" rating and a target of $50.00, while the stock currently holds a consensus rating of "Moderate Buy" with an average target price of $47.50.
• Vontier Corporation reported earnings of $0.79 per share for the last quarter, exceeding expectations and marking an 11.1% increase in revenue year-over-year.

Vanguard Personalized Indexing Management LLC raised its holdings in shares of Vontier Corporation (NYSE:VNT - Free Report) by 33.8% in the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 38,413 shares of the company's stock after purchasing an additional 9,707 shares during the quarter. Vanguard Personalized Indexing Management LLC's holdings in Vontier were worth $1,422,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Brooklyn Investment Group lifted its holdings in Vontier by 586.2% during the 1st quarter. Brooklyn Investment Group now owns 844 shares of the company's stock worth $28,000 after buying an additional 721 shares during the last quarter. Olde Wealth Management LLC bought a new position in Vontier during the 1st quarter worth approximately $36,000. MassMutual Private Wealth & Trust FSB lifted its holdings in Vontier by 75.7% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,228 shares of the company's stock worth $45,000 after buying an additional 529 shares during the last quarter. Trust Co. of Toledo NA OH bought a new position in Vontier during the 2nd quarter worth approximately $53,000. Finally, Summit Securities Group LLC bought a new position in Vontier during the 1st quarter worth approximately $64,000. Institutional investors own 95.83% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have commented on VNT shares. KeyCorp started coverage on Vontier in a report on Thursday, August 21st. They set an "overweight" rating and a $50.00 target price on the stock. Argus raised Vontier from a "hold" rating to a "buy" rating and set a $47.00 target price on the stock in a report on Tuesday, August 5th. Robert W. Baird raised their price target on Vontier from $40.00 to $45.00 and gave the stock a "neutral" rating in a report on Monday, August 4th. Weiss Ratings reissued a "hold (c+)" rating on shares of Vontier in a report on Wednesday, October 8th. Finally, Citigroup reissued a "buy" rating and issued a $45.00 price target (up previously from $37.00) on shares of Vontier in a report on Monday, July 14th. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average target price of $47.50.

Vontier Trading Up 2.8%

NYSE:VNT opened at $42.57 on Friday. 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 $6.24 billion, a price-to-earnings ratio of 16.18, a PEG ratio of 1.37 and a beta of 1.30. The business has a fifty day moving average of $42.12 and a 200-day moving average of $37.79. 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 (NYSE:VNT - Get Free Report) last released its quarterly earnings results on Thursday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.07. Vontier had a return on equity of 41.96% and a net margin of 12.99%.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 business posted $0.63 earnings per share. The company's revenue for the quarter 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 analysts predict that Vontier Corporation will post 3.13 earnings per share for the current year.

Vontier Dividend Announcement

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

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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