Park Avenue Securities LLC Acquires 606 Shares of Vontier Corporation $VNT

Park Avenue Securities LLC boosted its holdings in shares of Vontier Corporation (NYSE:VNT) by 5.9% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 10,903 shares of the company’s stock after acquiring an additional 606 shares during the quarter. Park Avenue Securities LLC’s holdings in Vontier were worth $402,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. New York State Teachers Retirement System lifted its position in shares of Vontier by 4.5% in the 1st quarter. New York State Teachers Retirement System now owns 175,630 shares of the company’s stock worth $5,769,000 after purchasing an additional 7,547 shares during the period. Dynamic Advisor Solutions LLC acquired a new position in shares of Vontier in the 1st quarter worth approximately $975,000. Sequoia Financial Advisors LLC lifted its position in shares of Vontier by 9.9% in the 1st quarter. Sequoia Financial Advisors LLC now owns 85,944 shares of the company’s stock worth $2,823,000 after purchasing an additional 7,743 shares during the period. Oppenheimer Asset Management Inc. lifted its position in shares of Vontier by 23.8% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 30,142 shares of the company’s stock worth $990,000 after purchasing an additional 5,800 shares during the period. Finally, GAMMA Investing LLC lifted its position in shares of Vontier by 5,158.4% in the 1st quarter. GAMMA Investing LLC now owns 72,566 shares of the company’s stock worth $2,209,000 after purchasing an additional 71,186 shares during the period. 95.83% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of research analysts recently issued reports on VNT shares. Robert W. Baird boosted their target price on shares of Vontier from $40.00 to $45.00 and gave the company a “neutral” rating in a research report on Monday, August 4th. UBS Group boosted their target price on shares of Vontier from $47.00 to $50.00 and gave the company a “buy” rating in a research report on Tuesday, August 5th. KeyCorp started coverage on shares of Vontier in a research report on Thursday, August 21st. They set an “overweight” rating and a $50.00 target price on the stock. Barclays reiterated an “overweight” rating on shares of Vontier in a research report on Monday, August 4th. Finally, Citigroup reiterated a “buy” rating and set a $45.00 target price (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 given a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Vontier has a consensus rating of “Moderate Buy” and a consensus target price of $47.50.

Vontier Stock Performance

NYSE VNT opened at $41.78 on Tuesday. Vontier Corporation has a 1 year low of $27.22 and a 1 year high of $43.88. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.08 and a quick ratio of 0.80. The firm has a market cap of $6.13 billion, a price-to-earnings ratio of 15.89, a PEG ratio of 1.39 and a beta of 1.31. The company has a fifty day moving average price of $42.01 and a 200-day moving average price of $37.17.

Vontier (NYSE:VNT) last posted its earnings results on Thursday, July 31st. The company reported $0.79 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.72 by $0.07. Vontier had a net margin of 12.99% and a return on equity of 41.96%. The firm had revenue of $773.50 million during the quarter, compared to analyst estimates of $734.23 million. During the same quarter in the prior year, the business posted $0.63 EPS. The business’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, equities research analysts predict that Vontier Corporation will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 4th were given a dividend of $0.025 per share. The ex-dividend date was Thursday, September 4th. This represents a $0.10 annualized dividend and a yield of 0.2%. Vontier’s dividend 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.