AlphaCore Capital LLC Acquires New Position in Vontier Corporation $VNT

AlphaCore Capital LLC acquired a new stake in shares of Vontier Corporation (NYSE:VNT) during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor acquired 4,963 shares of the company’s stock, valued at approximately $183,000.

Other hedge funds also recently made changes to their positions in the company. Nuveen LLC bought a new stake in shares of Vontier in the 1st quarter valued at approximately $67,744,000. Franklin Resources Inc. increased its stake in Vontier by 81.6% during the second quarter. Franklin Resources Inc. now owns 2,824,376 shares of the company’s stock valued at $104,219,000 after purchasing an additional 1,269,063 shares during the last quarter. Woodline Partners LP increased its stake in Vontier by 132.9% during the first quarter. Woodline Partners LP now owns 1,879,793 shares of the company’s stock valued at $61,751,000 after purchasing an additional 1,072,683 shares during the last quarter. Ameriprise Financial Inc. raised its holdings 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 during the period. Finally, Millennium Management LLC lifted its position in shares of Vontier by 47.3% in the 1st quarter. Millennium Management LLC now owns 1,267,489 shares of the company’s stock worth $41,637,000 after buying an additional 407,066 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Price Performance

NYSE VNT opened at $35.70 on Wednesday. The stock has a 50-day simple moving average of $39.76 and a 200 day simple moving average of $39.32. The stock has a market capitalization of $5.18 billion, a PE ratio of 13.08, a P/E/G ratio of 1.54 and a beta of 1.29. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.90 and a current ratio of 1.18. Vontier Corporation has a twelve month low of $27.22 and a twelve month high of $43.88.

Vontier (NYSE:VNT) last announced its earnings results on Thursday, October 30th. The company reported $0.78 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.76 by $0.02. The business had revenue of $752.50 million for the quarter, compared to analyst estimates of $747.32 million. Vontier had a net margin of 13.34% and a return on equity of 40.49%. Vontier’s revenue was up .3% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.73 earnings per share. Vontier has set its Q4 2025 guidance at 0.820-0.860 EPS. FY 2025 guidance at 3.150-3.20 EPS. Research analysts anticipate that Vontier Corporation will post 3.13 EPS for the current year.

Vontier Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, November 20th. Vontier’s payout ratio is 3.66%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on VNT shares. Evercore ISI reaffirmed an “outperform” rating on shares of Vontier in a research report on Tuesday, August 19th. Robert W. Baird cut their price objective on shares of Vontier from $45.00 to $44.00 and set a “neutral” rating on the stock in a research note on Monday, November 3rd. Wall Street Zen downgraded Vontier from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Argus upgraded Vontier from a “hold” rating to a “buy” rating and set a $47.00 price objective for the company in a research report on Tuesday, August 5th. Finally, Bank of America restated an “underperform” rating and issued a $40.00 target price (down previously from $50.00) on shares of Vontier in a report on Friday, November 14th. Eight analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $45.89.

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.