Brant Point Investment Management LLC raised its holdings in Vontier Corporation (NYSE:VNT – Free Report) by 51.4% in the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 150,276 shares of the company’s stock after acquiring an additional 51,005 shares during the period. Vontier comprises about 0.6% of Brant Point Investment Management LLC’s investment portfolio, making the stock its 27th largest holding. Brant Point Investment Management LLC owned about 0.10% of Vontier worth $5,545,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the business. Brooklyn Investment Group lifted 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 valued at $28,000 after purchasing an additional 721 shares in the last quarter. Parkside Financial Bank & Trust raised its holdings in Vontier by 39.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 973 shares of the company’s stock worth $36,000 after buying an additional 273 shares during the period. MassMutual Private Wealth & Trust FSB lifted its stake in Vontier by 75.7% in the second 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 in the last quarter. Trust Co. of Toledo NA OH bought a new position in Vontier in the second quarter valued at approximately $53,000. Finally, Steward Partners Investment Advisory LLC boosted its holdings in shares of Vontier by 29.0% in the second quarter. Steward Partners Investment Advisory LLC now owns 1,505 shares of the company’s stock valued at $56,000 after buying an additional 338 shares during the period. Institutional investors and hedge funds own 95.83% of the company’s stock.
Analysts Set New Price Targets
A number of brokerages recently commented on VNT. Wall Street Zen lowered shares of Vontier from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Vontier in a report on Monday, December 1st. Robert W. Baird dropped their price target on Vontier from $45.00 to $44.00 and set a “neutral” rating on the stock in a research note on Monday, November 3rd. Barclays cut their price target on Vontier from $49.00 to $47.00 and set an “overweight” rating on the stock in a report on Monday, November 3rd. Finally, Evercore ISI reaffirmed an “outperform” rating on shares of Vontier in a research report on Tuesday, August 19th. Eight research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $45.89.
Vontier Stock Up 0.6%
Shares of VNT stock opened at $36.24 on Monday. The firm’s fifty day moving average price is $38.67 and its two-hundred day moving average price is $39.27. The company has a current ratio of 1.18, a quick ratio of 0.90 and a debt-to-equity ratio of 1.29. Vontier Corporation has a 1 year low of $27.22 and a 1 year high of $43.88. The firm has a market capitalization of $5.26 billion, a P/E ratio of 13.28, a PEG ratio of 1.58 and a beta of 1.28.
Vontier (NYSE:VNT – Get Free Report) last posted its quarterly earnings data on Thursday, October 30th. The company reported $0.78 EPS for the quarter, topping analysts’ consensus estimates of $0.76 by $0.02. The company had revenue of $752.50 million during the quarter, compared to the consensus estimate of $747.32 million. Vontier had a net margin of 13.34% and a return on equity of 40.49%. The company’s quarterly revenue was up .3% on a year-over-year basis. During the same period in the prior year, the business posted $0.73 EPS. Vontier has set its Q4 2025 guidance at 0.820-0.860 EPS and its FY 2025 guidance at 3.150-3.20 EPS. On average, equities analysts predict that Vontier Corporation will post 3.13 EPS for the current fiscal year.
Vontier Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Thursday, November 20th. Vontier’s dividend payout ratio (DPR) is currently 3.66%.
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.
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