Cwm LLC increased its position in shares of Vontier Corporation (NYSE:VNT – Free Report) by 175.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 37,813 shares of the company’s stock after acquiring an additional 24,085 shares during the quarter. Cwm LLC’s holdings in Vontier were worth $1,587,000 at the end of the most recent quarter.
Other hedge funds have also added to or reduced their stakes in the company. Corient Private Wealth LLC raised its holdings in Vontier by 104.6% during the 2nd quarter. Corient Private Wealth LLC now owns 4,793,944 shares of the company’s stock worth $176,897,000 after purchasing an additional 2,450,723 shares during the last quarter. Norges Bank bought a new position in shares of Vontier in the 2nd quarter valued at about $66,535,000. Franklin Resources Inc. grew its position in shares of Vontier by 81.6% during the 2nd quarter. Franklin Resources Inc. now owns 2,824,376 shares of the company’s stock worth $104,219,000 after buying an additional 1,269,063 shares during the period. Woodline Partners LP grew its position in shares of Vontier by 132.9% during the 1st quarter. Woodline Partners LP now owns 1,879,793 shares of the company’s stock worth $61,751,000 after buying an additional 1,072,683 shares during the period. Finally, Ceredex Value Advisors LLC raised its stake in shares of Vontier by 195.2% during the second quarter. Ceredex Value Advisors LLC now owns 1,023,750 shares of the company’s stock worth $37,776,000 after buying an additional 677,000 shares during the last quarter. Institutional investors own 95.83% of the company’s stock.
Wall Street Analyst Weigh In
A number of brokerages have issued reports on VNT. Robert W. Baird reduced 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. KeyCorp reduced their price target on Vontier from $50.00 to $45.00 and set an “overweight” rating on the stock in a research report on Friday, October 31st. Bank of America reaffirmed an “underperform” rating and set a $40.00 price objective (down from $50.00) on shares of Vontier in a research note on Friday, November 14th. Wall Street Zen downgraded Vontier from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Finally, Weiss Ratings reissued a “buy (b-)” rating on shares of Vontier in a research note on Monday, December 29th. Seven research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $45.63.
Vontier Trading Up 1.7%
NYSE VNT opened at $37.81 on Monday. Vontier Corporation has a one year low of $27.22 and a one year high of $43.88. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.18 and a quick ratio of 0.90. The firm has a market cap of $5.49 billion, a P/E ratio of 13.85, a P/E/G ratio of 1.54 and a beta of 1.28. The stock’s 50-day moving average is $37.16 and its 200-day moving average is $39.48.
Vontier (NYSE:VNT – Get Free Report) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.02. The business had revenue of $752.50 million during the quarter, compared to analyst estimates of $747.32 million. Vontier had a return on equity of 40.49% and a net margin of 13.34%.Vontier’s quarterly revenue was up .3% compared to the same quarter last year. During the same period in the previous year, the firm earned $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. Sell-side analysts anticipate that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.
Vontier Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th were given a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, November 20th. This represents a $0.10 annualized dividend and a dividend yield of 0.3%. Vontier’s dividend payout ratio is currently 3.66%.
Vontier Company Profile
Vontier is a global industrial technology company focused on advancing mobility infrastructure and transportation solutions. Established as a standalone public company in October 2020 through the spin-off of Fortive’s mobility and transportation platforms, Vontier is headquartered in Raleigh, North Carolina. The company’s mission centers on delivering innovative products and services that help customers meet evolving demands in fuel retail, fleet management, and automotive service.
The company’s diversified portfolio spans several well-known brands.
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