Vontier Corporation $VNT Shares Sold by Public Employees Retirement System of Ohio

Public Employees Retirement System of Ohio lowered its position in shares of Vontier Corporation (NYSE:VNT) by 8.0% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 51,405 shares of the company’s stock after selling 4,440 shares during the period. Public Employees Retirement System of Ohio’s holdings in Vontier were worth $1,897,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Ameriprise Financial Inc. grew its stake in shares of Vontier by 39.7% during the first quarter. Ameriprise Financial Inc. now owns 3,515,334 shares of the company’s stock worth $115,479,000 after purchasing an additional 999,755 shares in the last quarter. Fuller & Thaler Asset Management Inc. lifted its position in Vontier by 2.0% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 3,390,111 shares of the company’s stock valued at $111,365,000 after acquiring an additional 66,620 shares during the last quarter. T. Rowe Price Investment Management Inc. lifted its position in Vontier by 5.4% in the first quarter. T. Rowe Price Investment Management Inc. now owns 2,815,287 shares of the company’s stock valued at $92,483,000 after acquiring an additional 143,737 shares during the last quarter. Nuveen LLC purchased a new stake in Vontier in the first quarter valued at $67,744,000. Finally, Woodline Partners LP lifted its position in Vontier by 132.9% in the first quarter. Woodline Partners LP now owns 1,879,793 shares of the company’s stock valued at $61,751,000 after acquiring an additional 1,072,683 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on VNT shares. Robert W. Baird boosted their price target 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. Weiss Ratings reissued a “hold (c+)” rating on shares of Vontier in a research report on Saturday, September 27th. Wall Street Zen raised shares of Vontier from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 2nd. Argus raised shares of Vontier from a “hold” rating to a “buy” rating and set a $47.00 price target for the company in a research report on Tuesday, August 5th. Finally, Citigroup reissued a “buy” rating and issued a $45.00 price target (up from $37.00) on shares of Vontier in a research report on Monday, July 14th. One equities research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have assigned a Hold rating to the company. Based on data from MarketBeat.com, Vontier currently has an average rating of “Moderate Buy” and an average target price of $47.50.

Vontier Trading Down 1.0%

NYSE VNT opened at $41.41 on Friday. The stock has a market capitalization of $6.08 billion, a P/E ratio of 15.75, a P/E/G ratio of 1.38 and a beta of 1.30. 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 price of $42.21 and a 200 day moving average price 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.

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 the consensus estimate of $0.72 by $0.07. The firm had revenue of $773.50 million during 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%. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period in the prior year, the company posted $0.63 earnings per share. Vontier has set its FY 2025 guidance at 3.100-3.200 EPS. Q3 2025 guidance at 0.740-0.780 EPS. Equities research analysts expect that Vontier Corporation will post 3.13 EPS for the current year.

Vontier Announces Dividend

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