Vontier (NYSE:VNT) Hits New 12-Month High - What's Next?

Key Points

• Vontier Corporation's stock reached a new 52-week high of $43.88, closing at $43.18 with a trading volume of 197,091 shares.
• Wall Street analysts have a consensus rating of "Moderate Buy" for Vontier, with a target price averaging $47.50, including a recent upgrade by UBS Group to $50.00.
• The company reported earnings per share of $0.79 for the last quarter, beating estimates and showing an 11.1% revenue increase compared to the same quarter last year.

Vontier Corporation (NYSE:VNT - Get Free Report) shares hit a new 52-week high during mid-day trading on Friday . The stock traded as high as $43.88 and last traded at $43.18, with a volume of 197091 shares changing hands. The stock had previously closed at $43.52.

Analyst Ratings Changes

A number of research firms have recently commented on VNT. Barclays reaffirmed an "overweight" rating on shares of Vontier in a research note on Monday, August 4th. Citigroup restated a "buy" rating and issued a $45.00 target price (up from $37.00) on shares of Vontier in a research note on Monday, July 14th. The Goldman Sachs Group reaffirmed a "neutral" rating on shares of Vontier in a research report on Thursday, July 31st. Robert W. Baird boosted their price target on Vontier from $40.00 to $45.00 and gave the company a "neutral" rating in a research note on Monday, August 4th. Finally, KeyCorp initiated coverage on Vontier in a report on Thursday, August 21st. They issued an "overweight" rating and a $50.00 target price for the company. One investment analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and two have given a Hold rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus price target of $47.50.

Vontier Stock Performance

The business has a 50 day moving average of $41.50 and a 200 day moving average of $36.75. The company has a market capitalization of $6.34 billion, a P/E ratio of 16.44, a price-to-earnings-growth ratio of 1.43 and a beta of 1.31. 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 (NYSE:VNT - Get Free Report) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.72 by $0.07. Vontier had a return on equity of 41.96% and a net margin of 12.99%.The business had revenue of $773.50 million for the quarter, compared to the consensus estimate of $734.23 million. During the same period in the prior year, the firm posted $0.63 earnings per share. The business's quarterly revenue 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. On average, sell-side 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 will be paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th will be paid a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date is Thursday, September 4th. Vontier's payout ratio is 3.80%.

Institutional Investors Weigh In On Vontier

Large investors have recently made changes to their positions in the business. Corient Private Wealth LLC lifted its position in shares of Vontier by 104.6% in the 2nd quarter. Corient Private Wealth LLC now owns 4,793,944 shares of the company's stock worth $176,897,000 after buying an additional 2,450,723 shares during the last quarter. Ameriprise Financial Inc. raised its position in Vontier by 39.7% during the first quarter. Ameriprise Financial Inc. now owns 3,515,334 shares of the company's stock valued at $115,479,000 after acquiring an additional 999,755 shares in the last quarter. Fuller & Thaler Asset Management Inc. increased its position in Vontier by 2.0% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 3,390,111 shares of the company's stock worth $111,365,000 after acquiring an additional 66,620 shares during the period. River Road Asset Management LLC increased its holdings in Vontier by 24.5% in the 2nd quarter. River Road Asset Management LLC now owns 3,115,850 shares of the company's stock valued at $114,975,000 after buying an additional 613,746 shares during the period. Finally, Franklin Resources Inc. grew its holdings in shares of Vontier by 81.6% in the 2nd quarter. Franklin Resources Inc. now owns 2,824,376 shares of the company's stock worth $104,219,000 after purchasing an additional 1,269,063 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company's stock.

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.