GAMMA Investing LLC Sells 273 Shares of Vontier Corporation $VNT

GAMMA Investing LLC cut its holdings in Vontier Corporation (NYSE:VNT) by 12.4% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,936 shares of the company’s stock after selling 273 shares during the period. GAMMA Investing LLC’s holdings in Vontier were worth $71,000 at the end of the most recent reporting period.

Other large investors have also recently made changes to their positions in the company. New York State Teachers Retirement System increased its holdings 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 buying an additional 7,547 shares during the last quarter. Dynamic Advisor Solutions LLC bought a new position in Vontier during the 1st quarter valued at about $975,000. Sequoia Financial Advisors LLC grew its holdings in Vontier by 9.9% during the 1st quarter. Sequoia Financial Advisors LLC now owns 85,944 shares of the company’s stock valued at $2,823,000 after purchasing an additional 7,743 shares during the last quarter. Oppenheimer Asset Management Inc. grew its holdings in Vontier by 23.8% during the 1st quarter. Oppenheimer Asset Management Inc. now owns 30,142 shares of the company’s stock valued at $990,000 after purchasing an additional 5,800 shares during the last quarter. Finally, Avantax Advisory Services Inc. bought a new position in Vontier during the 1st quarter valued at about $285,000. 95.83% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities analysts recently commented on VNT shares. Weiss Ratings reiterated a “hold (c+)” rating on shares of Vontier in a report on Saturday, September 27th. Citigroup reiterated a “buy” rating and set a $45.00 price target (up from $37.00) on shares of Vontier in a report on Monday, July 14th. Wall Street Zen upgraded shares of Vontier from a “buy” rating to a “strong-buy” rating in a 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 company a “neutral” rating in a report on Monday, August 4th. Finally, UBS Group upped their target price on shares of Vontier from $47.00 to $50.00 and gave the stock a “buy” rating in a research note on Tuesday, August 5th. One analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $47.50.

Vontier Trading Down 1.0%

NYSE:VNT opened at $41.41 on Friday. Vontier Corporation has a 52 week low of $27.22 and a 52 week high of $43.88. The firm has a 50 day moving average of $42.21 and a 200 day moving average of $37.35. The company has a quick ratio of 0.80, a current ratio of 1.08 and a debt-to-equity ratio of 1.32. The stock has a market capitalization of $6.08 billion, a price-to-earnings ratio of 15.75, a PEG ratio of 1.38 and a beta of 1.30.

Vontier (NYSE:VNT) last posted its earnings results on Thursday, July 31st. The company reported $0.79 EPS for the quarter, beating 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 quarter in the prior year, the company posted $0.63 earnings per share. Vontier’s revenue for the quarter 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, sell-side analysts anticipate that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 25th. Shareholders of record on Thursday, September 4th were issued a $0.025 dividend. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.2%. Vontier’s dividend payout ratio (DPR) is currently 3.80%.

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.