DekaBank Deutsche Girozentrale Trims Position in Vontier Corporation $VNT

DekaBank Deutsche Girozentrale lessened its stake in Vontier Corporation (NYSE:VNT) by 3.6% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 8,950 shares of the company’s stock after selling 337 shares during the period. DekaBank Deutsche Girozentrale’s holdings in Vontier were worth $326,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in VNT. Ameriprise Financial Inc. grew its holdings in Vontier by 39.7% during the 1st quarter. Ameriprise Financial Inc. now owns 3,515,334 shares of the company’s stock worth $115,479,000 after acquiring an additional 999,755 shares in the last quarter. Fuller & Thaler Asset Management Inc. grew its holdings in Vontier by 2.0% during the 1st quarter. Fuller & Thaler Asset Management Inc. now owns 3,390,111 shares of the company’s stock worth $111,365,000 after acquiring an additional 66,620 shares in the last quarter. T. Rowe Price Investment Management Inc. grew its holdings in Vontier by 5.4% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 2,815,287 shares of the company’s stock worth $92,483,000 after acquiring an additional 143,737 shares in the last quarter. Nuveen LLC bought a new position in Vontier during the 1st quarter worth about $67,744,000. Finally, Woodline Partners LP grew its holdings in 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 acquiring an additional 1,072,683 shares in the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Vontier Stock Down 0.4%

VNT stock opened at $42.87 on Monday. The firm has a 50 day moving average of $42.19 and a 200 day moving average of $38.36. The stock has a market capitalization of $6.29 billion, a PE ratio of 16.30, a price-to-earnings-growth ratio of 1.41 and a beta of 1.30. 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 Corporation has a 52 week low of $27.22 and a 52 week high of $43.88.

Vontier (NYSE:VNT) last released its earnings results on Thursday, July 31st. The company reported $0.79 EPS for the quarter, topping analysts’ consensus estimates of $0.72 by $0.07. The company 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%. Vontier’s revenue for the quarter was up 11.1% on a year-over-year basis. During the same period 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. Sell-side analysts forecast that Vontier Corporation will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 4th were paid a $0.025 dividend. The ex-dividend date was Thursday, September 4th. This represents a $0.10 dividend on an annualized basis and a yield of 0.2%. Vontier’s dividend payout ratio (DPR) is 3.80%.

Analyst Upgrades and Downgrades

VNT has been the topic of several recent research reports. Barclays reiterated an “overweight” rating on shares of Vontier in a report on Monday, August 4th. UBS Group increased their target price on shares of Vontier from $47.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. Wall Street Zen upgraded shares of Vontier from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Vontier in a research report on Thursday, July 31st. Finally, Evercore ISI reaffirmed an “outperform” rating on shares of Vontier in a research report on Tuesday, August 19th. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $47.50.

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.