Vontier Corporation $VNT Shares Sold by Allianz Asset Management GmbH

Allianz Asset Management GmbH cut its holdings in shares of Vontier Corporation (NYSE:VNT - Free Report) by 9.7% during the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 174,665 shares of the company's stock after selling 18,811 shares during the period. Allianz Asset Management GmbH owned 0.12% of Vontier worth $6,445,000 at the end of the most recent quarter.

A number of other large investors have also made changes to their positions in VNT. New York State Teachers Retirement System increased its position in shares of Vontier by 4.5% in the 1st quarter. New York State Teachers Retirement System now owns 175,630 shares of the company's stock valued at $5,769,000 after acquiring an additional 7,547 shares during the period. Sequoia Financial Advisors LLC increased its position in shares of Vontier by 9.9% in the 1st quarter. Sequoia Financial Advisors LLC now owns 85,944 shares of the company's stock valued at $2,823,000 after acquiring an additional 7,743 shares during the period. Oppenheimer Asset Management Inc. increased its position in shares of Vontier by 23.8% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 30,142 shares of the company's stock valued at $990,000 after acquiring an additional 5,800 shares during the period. Avantax Advisory Services Inc. acquired a new position in shares of Vontier in the 1st quarter valued at $285,000. Finally, Hsbc Holdings PLC increased its position in shares of Vontier by 259.8% in the 1st quarter. Hsbc Holdings PLC now owns 48,391 shares of the company's stock valued at $1,586,000 after acquiring an additional 34,940 shares during the period. 95.83% of the stock is owned by institutional investors and hedge funds.

Vontier Trading Down 2.1%

VNT stock opened at $42.31 on Thursday. The company's 50-day simple moving average is $42.18 and its 200-day simple moving average is $38.03. The company has a quick ratio of 0.80, a current ratio of 1.08 and a debt-to-equity ratio of 1.32. Vontier Corporation has a 52-week low of $27.22 and a 52-week high of $43.88. The firm has a market cap of $6.21 billion, a P/E ratio of 16.09, a PEG ratio of 1.43 and a beta of 1.30.

Vontier (NYSE:VNT - Get Free Report) last posted its 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 net margin of 12.99% and a return on equity of 41.96%. The business had revenue of $773.50 million for the quarter, compared to analyst estimates of $734.23 million. During the same period in the prior year, the company posted $0.63 EPS. The company's revenue for the quarter 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. As a group, equities analysts forecast that Vontier Corporation will post 3.13 EPS for the current fiscal year.

Vontier Dividend Announcement

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

Analysts Set New Price Targets

Several research firms recently issued reports on VNT. Citigroup reissued a "buy" rating and issued a $45.00 target price (up from $37.00) on shares of Vontier in a research report on Monday, July 14th. Robert W. Baird upped their price target on shares of Vontier from $40.00 to $45.00 and gave the company a "neutral" rating in a report on Monday, August 4th. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of Vontier in a report on Wednesday, October 8th. KeyCorp started coverage on shares of Vontier in a report on Thursday, August 21st. They issued an "overweight" rating and a $50.00 price target on the stock. Finally, Evercore ISI reaffirmed an "outperform" rating on shares of Vontier in a report on Tuesday, August 19th. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the company's stock. Based on data from MarketBeat, Vontier currently has an average 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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