Fifth Third Bancorp Decreases Stock Holdings in Vontier Corporation $VNT

Fifth Third Bancorp trimmed its position in shares of Vontier Corporation (NYSE:VNT) by 24.9% during the 2nd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 2,392 shares of the company’s stock after selling 795 shares during the period. Fifth Third Bancorp’s holdings in Vontier were worth $88,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also modified their holdings of the company. Brooklyn Investment Group raised its holdings in shares of Vontier by 586.2% during the 1st quarter. Brooklyn Investment Group now owns 844 shares of the company’s stock worth $28,000 after acquiring an additional 721 shares in the last quarter. Olde Wealth Management LLC purchased a new stake in Vontier during the 1st quarter valued at $36,000. MassMutual Private Wealth & Trust FSB raised its holdings in Vontier by 75.7% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,228 shares of the company’s stock valued at $45,000 after buying an additional 529 shares during the period. Summit Securities Group LLC purchased a new stake in Vontier during the 1st quarter valued at $64,000. Finally, GAMMA Investing LLC raised 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 during the period. 95.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on VNT shares. Argus upgraded Vontier from a “hold” rating to a “buy” rating and set a $47.00 price target on the stock in a report on Tuesday, August 5th. Wall Street Zen upgraded Vontier from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. UBS Group increased their price target on Vontier from $47.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. KeyCorp initiated coverage on Vontier in a report on Thursday, August 21st. They set an “overweight” rating and a $50.00 price target on the stock. Finally, Barclays reaffirmed an “overweight” rating on shares of Vontier in a research report on Monday, August 4th. One investment 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 stock. According to data from MarketBeat, Vontier has a consensus rating of “Moderate Buy” and a consensus price target of $47.50.

Vontier Stock Performance

Shares of Vontier stock opened at $41.78 on Thursday. The stock’s fifty day moving average is $42.12 and its two-hundred day moving average is $37.24. The company has a market capitalization of $6.13 billion, a PE ratio of 15.89, a price-to-earnings-growth ratio of 1.38 and a beta of 1.30. 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 Corporation has a 52 week low of $27.22 and a 52 week high of $43.88.

Vontier (NYSE:VNT) last posted 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 quarter in the prior year, the company earned $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, analysts expect that Vontier Corporation will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The business also recently disclosed 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 of this dividend was Thursday, September 4th. This represents a $0.10 dividend on an annualized basis and a yield of 0.2%. Vontier’s dividend payout ratio (DPR) 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.