Vontier Corporation $VNT Shares Sold by Northern Trust Corp

Northern Trust Corp lowered its stake in shares of Vontier Corporation (NYSE:VNT) by 4.3% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 1,349,224 shares of the company’s stock after selling 59,920 shares during the quarter. Northern Trust Corp owned approximately 0.91% of Vontier worth $44,322,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Hsbc Holdings PLC acquired a new position in shares of Vontier in the 4th quarter valued at $490,000. Susquehanna International Group LLP increased its holdings in shares of Vontier by 4.3% in the 4th quarter. Susquehanna International Group LLP now owns 57,434 shares of the company’s stock valued at $2,095,000 after acquiring an additional 2,344 shares during the period. Susquehanna Fundamental Investments LLC acquired a new position in shares of Vontier in the 4th quarter valued at $1,699,000. Boothbay Fund Management LLC acquired a new position in shares of Vontier in the 4th quarter valued at $275,000. Finally, Aquatic Capital Management LLC acquired a new position in shares of Vontier in the 4th quarter valued at $154,000. Institutional investors and hedge funds own 95.83% of the company’s stock.

Analysts Set New Price Targets

VNT has been the topic of a number of recent research reports. Wall Street Zen raised shares of Vontier from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. UBS Group lifted their target price on shares of Vontier from $47.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. Citigroup reaffirmed a “buy” rating and issued a $45.00 target price (up from $37.00) on shares of Vontier in a report on Monday, July 14th. KeyCorp started coverage on shares of Vontier in a report on Thursday, August 21st. They issued an “overweight” rating and a $50.00 target price on the stock. Finally, The Goldman Sachs Group reissued a “neutral” rating on shares of Vontier in a research note on Thursday, July 31st. One analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and two have given a Hold rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $47.50.

Vontier Stock Performance

Shares of VNT opened at $43.46 on Friday. 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 stock has a market capitalization of $6.38 billion, a P/E ratio of 16.53, a P/E/G ratio of 1.43 and a beta of 1.31. The company’s fifty day moving average is $39.78 and its two-hundred day moving average is $36.20. Vontier Corporation has a 1 year low of $27.22 and a 1 year high of $43.78.

Vontier (NYSE:VNT) last announced its quarterly earnings data on Thursday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.72 by $0.07. The company had revenue of $773.50 million for the quarter, compared to analysts’ expectations 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 period in the previous year, the company 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. On average, sell-side analysts predict that Vontier Corporation will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th will be given 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 is Thursday, September 4th. Vontier’s payout ratio 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.