Vontier Corporation $VNT Shares Bought by KLP Kapitalforvaltning AS

KLP Kapitalforvaltning AS grew its holdings in Vontier Corporation (NYSE:VNT) by 3.4% in the second quarter, according to its most recent disclosure with the SEC. The fund owned 30,700 shares of the company’s stock after buying an additional 1,000 shares during the period. KLP Kapitalforvaltning AS’s holdings in Vontier were worth $1,133,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also made changes to their positions in VNT. Nuveen LLC purchased a new stake in shares of Vontier in the first quarter valued at about $67,744,000. Woodline Partners LP raised its holdings in shares of 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 buying an additional 1,072,683 shares during the last quarter. Ameriprise Financial Inc. raised its holdings in 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. Millennium Management LLC raised its holdings in Vontier by 47.3% during the first quarter. Millennium Management LLC now owns 1,267,489 shares of the company’s stock worth $41,637,000 after purchasing an additional 407,066 shares in the last quarter. Finally, Ceredex Value Advisors LLC purchased a new position in Vontier during the first quarter worth about $11,391,000. 95.83% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VNT has been the subject of several analyst reports. Barclays reissued an “overweight” rating on shares of Vontier in a report on Monday, August 4th. 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 report on Tuesday, August 5th. Evercore ISI reissued an “outperform” rating on shares of Vontier in a report on Tuesday, August 19th. Citigroup reissued 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. Finally, UBS Group increased their price target on shares of Vontier from $47.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and three have issued a Hold rating to the stock. According to MarketBeat.com, Vontier has a consensus rating of “Moderate Buy” and an average price target of $47.50.

Vontier Stock Up 1.7%

VNT stock opened at $39.15 on Wednesday. The company’s 50 day simple moving average is $42.06 and its 200-day simple moving average is $37.64. The firm has a market capitalization of $5.74 billion, a PE ratio of 14.89, a P/E/G ratio of 1.27 and a beta of 1.30. Vontier Corporation has a 12 month low of $27.22 and a 12 month 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.

Vontier (NYSE:VNT) last announced its quarterly earnings results on Thursday, July 31st. The company reported $0.79 earnings per share for the quarter, beating analysts’ consensus estimates of $0.72 by $0.07. The company had revenue of $773.50 million for the quarter, compared to analyst estimates of $734.23 million. Vontier had a net margin of 12.99% and a return on equity of 41.96%. Vontier’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same quarter last year, the business earned $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. Equities analysts expect that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th were paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend was Thursday, September 4th. 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.