Wealth Enhancement Advisory Services LLC Invests $635,000 in Vontier Corporation $VNT

Key Points

• Wealth Enhancement Advisory Services LLC invested $635,000 in Vontier Corporation (NYSE: VNT), acquiring 16,512 shares in the 2nd quarter.
• Vontier reported strong earnings, with $0.79 EPS for the quarter, exceeding analyst expectations, and revenue of $773.50 million, up 11.1% year-over-year.
• The company's quarterly dividend of $0.025 per share yields 0.2%, with a low dividend payout ratio of just 3.80%.

Wealth Enhancement Advisory Services LLC acquired a new position in shares of Vontier Corporation (NYSE:VNT - Free Report) in the 2nd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 16,512 shares of the company's stock, valued at approximately $635,000.

Other institutional investors have also recently made changes to their positions in the company. Brooklyn Investment Group lifted its stake in Vontier by 586.2% in the first quarter. Brooklyn Investment Group now owns 844 shares of the company's stock worth $28,000 after acquiring an additional 721 shares during the last quarter. Olde Wealth Management LLC acquired a new position in shares of Vontier in the 1st quarter valued at $36,000. MassMutual Private Wealth & Trust FSB boosted its holdings in shares of Vontier by 75.7% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,228 shares of the company's stock valued at $45,000 after buying an additional 529 shares in the last quarter. Summit Securities Group LLC acquired a new position in shares of Vontier in the 1st quarter valued at $64,000. Finally, GAMMA Investing LLC boosted its holdings in shares of Vontier by 60.1% in the 1st quarter. GAMMA Investing LLC now owns 2,209 shares of the company's stock valued at $73,000 after buying an additional 829 shares in the last quarter. Institutional investors and hedge funds own 95.83% of the company's stock.

Wall Street Analyst Weigh In

A number of analysts recently weighed in on the stock. The Goldman Sachs Group reiterated a "neutral" rating on shares of Vontier in a research note on Thursday, July 31st. Citigroup reiterated 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. Wall Street Zen upgraded shares of Vontier from a "buy" rating to a "strong-buy" rating in a report on Saturday, August 2nd. Robert W. Baird raised their target price on shares of Vontier from $40.00 to $45.00 and gave the company a "neutral" rating in a report on Monday, August 4th. Finally, Barclays reiterated an "overweight" rating on shares of Vontier in a report on Monday, August 4th. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat, Vontier currently has a consensus rating of "Moderate Buy" and an average price target of $47.50.

Vontier Trading Down 1.0%

NYSE VNT opened at $41.41 on Friday. The company has a market capitalization of $6.08 billion, a price-to-earnings ratio of 15.75, a price-to-earnings-growth ratio of 1.37 and a beta of 1.30. Vontier Corporation has a 12 month low of $27.22 and a 12 month high of $43.88. The company's fifty day moving average price is $42.21 and its two-hundred day moving average price is $37.37. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.08 and a quick ratio of 0.80.

Vontier (NYSE:VNT - Get Free Report) last issued its earnings results 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. Vontier had a net margin of 12.99% and a return on equity of 41.96%. The company had revenue of $773.50 million for the quarter, compared to analysts' expectations of $734.23 million. During the same period in the prior year, the company earned $0.63 earnings per share. The firm'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, research analysts predict that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

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