Vontier (NYSE:VNT) Hits New 12-Month High - Still a Buy?

Key Points

• Vontier Corporation (NYSE: VNT) achieved a new 52-week high of $43.78, with recent trading reflecting a gain of 0.2% and a market cap of $6.39 billion.
• Several analysts have upgraded their ratings on Vontier, with UBS Group increasing its price target to $50.00 and Argus raising its rating to "buy," indicating a consensus price target of $47.50.
• The company reported a better-than-expected earnings result, achieving $0.79 EPS for the last quarter, exceeding the consensus estimate of $0.72, and it has declared a quarterly dividend of $0.025 per share.

Vontier Corporation (NYSE:VNT - Get Free Report) hit a new 52-week high during trading on Thursday . The stock traded as high as $43.78 and last traded at $43.63, with a volume of 18541 shares trading hands. The stock had previously closed at $43.47.

Wall Street Analyst Weigh In

Several research analysts recently commented on VNT shares. UBS Group increased their price target on Vontier from $47.00 to $50.00 and gave the company a "buy" rating in a research report on Tuesday, August 5th. Argus raised Vontier from a "hold" rating to a "buy" rating and set a $47.00 price target for the company in a research report on Tuesday, August 5th. Robert W. Baird increased their price target on Vontier from $40.00 to $45.00 and gave the company a "neutral" rating in a research report on Monday, August 4th. Evercore ISI reissued an "outperform" rating on shares of Vontier in a research report on Tuesday, August 19th. Finally, Citigroup reissued a "buy" rating and issued a $45.00 price objective (up previously from $37.00) on shares of Vontier in a research report on Monday, July 14th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Vontier has a consensus rating of "Moderate Buy" and a consensus price target of $47.50.

Vontier Stock Up 0.2%

The firm has a market cap of $6.39 billion, a P/E ratio of 16.56, a P/E/G ratio of 1.43 and a beta of 1.31. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.80 and a current ratio of 1.08. The firm's fifty day moving average is $39.62 and its 200 day moving average is $36.16.

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

Vontier Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th will be paid a $0.025 dividend. The ex-dividend date is Thursday, September 4th. This represents a $0.10 annualized dividend and a yield of 0.2%. Vontier's payout ratio is 3.80%.

Institutional Trading of Vontier

Several hedge funds and other institutional investors have recently bought and sold shares of VNT. Brooklyn Investment Group raised its stake 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 purchasing an additional 721 shares in the last quarter. Olde Wealth Management LLC acquired a new stake in Vontier in the 1st quarter worth about $36,000. Parkside Financial Bank & Trust raised its stake in Vontier by 39.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 973 shares of the company's stock worth $36,000 after purchasing an additional 273 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its stake in Vontier by 75.7% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,228 shares of the company's stock worth $45,000 after purchasing an additional 529 shares in the last quarter. Finally, Trust Co. of Toledo NA OH acquired a new stake in Vontier in the 2nd quarter worth about $53,000. Institutional investors and hedge funds own 95.83% of the company's stock.

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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