Maryland State Retirement & Pension System Reduces Position in Vontier Corporation $VNT

Maryland State Retirement & Pension System trimmed its position in shares of Vontier Corporation (NYSE:VNT) by 20.6% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,009 shares of the company’s stock after selling 1,817 shares during the period. Maryland State Retirement & Pension System’s holdings in Vontier were worth $230,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in VNT. Olde Wealth Management LLC bought a new stake in shares of Vontier during the 1st quarter worth approximately $36,000. Lazard Asset Management LLC purchased a new position in Vontier in the 4th quarter worth about $73,000. GAMMA Investing LLC lifted its holdings in Vontier by 60.1% during 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. Wealthquest Corp bought a new stake in Vontier during the 1st quarter valued at about $80,000. Finally, UMB Bank n.a. boosted its position in Vontier by 229.8% in the 1st quarter. UMB Bank n.a. now owns 2,704 shares of the company’s stock valued at $89,000 after buying an additional 1,884 shares during the period. Institutional investors own 95.83% of the company’s stock.

Wall Street Analysts Forecast Growth

VNT has been the subject of several research analyst reports. Citigroup reaffirmed a “buy” rating and set a $45.00 price target (up previously from $37.00) on shares of Vontier in a research note on Monday, July 14th. Evercore ISI reaffirmed an “outperform” rating on shares of Vontier in a research note on Tuesday. Wall Street Zen raised shares of Vontier from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 2nd. Robert W. Baird upped their price target on shares of Vontier from $40.00 to $45.00 and gave the stock a “neutral” rating in a research report on Monday, August 4th. Finally, Argus upgraded shares of Vontier from a “hold” rating to a “buy” rating and set a $47.00 price objective on the stock in a research note on Tuesday, August 5th. Six analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $47.14.

Vontier Price Performance

Shares of NYSE VNT opened at $42.6450 on Wednesday. Vontier Corporation has a fifty-two week low of $27.22 and a fifty-two week high of $43.32. The company has a market cap of $6.26 billion, a PE ratio of 16.21, a P/E/G ratio of 1.41 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 business has a 50-day simple moving average of $38.78 and a two-hundred day simple moving average of $35.96.

Vontier (NYSE:VNT) last released its earnings results on Thursday, July 31st. The company reported $0.79 EPS 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 during the quarter, compared to analysts’ expectations of $734.23 million. During the same period last year, the business earned $0.63 EPS. Vontier’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 expect that Vontier Corporation will post 3.13 EPS for the current fiscal year.

Vontier 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.