Transcend Capital Advisors LLC Buys New Position in Vontier Corporation $VNT

Transcend Capital Advisors LLC bought a new stake in shares of Vontier Corporation (NYSE:VNT) during the 2nd quarter, according to its most recent filing with the SEC. The firm bought 6,963 shares of the company’s stock, valued at approximately $257,000.

Several other hedge funds have also modified their holdings of the stock. GAMMA Investing LLC grew its stake in Vontier by 60.1% during the 1st quarter. GAMMA Investing LLC now owns 2,209 shares of the company’s stock valued at $73,000 after purchasing an additional 829 shares in the last quarter. New York State Teachers Retirement System increased its holdings in Vontier by 4.5% during the 1st quarter. New York State Teachers Retirement System now owns 175,630 shares of the company’s stock worth $5,769,000 after purchasing an additional 7,547 shares during the last quarter. Olde Wealth Management LLC purchased a new stake in Vontier during the 1st quarter worth approximately $36,000. Penserra Capital Management LLC purchased a new stake in Vontier during the 1st quarter worth approximately $361,000. Finally, TD Private Client Wealth LLC increased its holdings in Vontier by 21.0% during the 1st quarter. TD Private Client Wealth LLC now owns 5,747 shares of the company’s stock worth $189,000 after purchasing an additional 996 shares during the last quarter. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Vontier Trading Down 10.9%

Shares of Vontier stock opened at $38.08 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.08 and a debt-to-equity ratio of 1.32. The firm has a market cap of $5.59 billion, a price-to-earnings ratio of 14.48, a price-to-earnings-growth ratio of 1.41 and a beta of 1.30. The business has a fifty day simple moving average of $42.14 and a 200-day simple moving average of $38.62. Vontier Corporation has a fifty-two week low of $27.22 and a fifty-two week high of $43.88.

Vontier (NYSE:VNT) last announced its quarterly earnings data on Thursday, October 30th. The company reported $0.78 earnings per share 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 41.96% and a net margin of 12.99%.The company’s revenue was up .3% on a year-over-year basis. During the same quarter in the prior 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. On average, equities analysts forecast that Vontier Corporation will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th were issued a $0.025 dividend. The ex-dividend date was Thursday, September 4th. This represents a $0.10 annualized dividend and a dividend yield of 0.3%. Vontier’s dividend payout ratio is 3.80%.

Analyst Ratings Changes

Several research firms have issued reports on VNT. Wall Street Zen upgraded Vontier from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. The Goldman Sachs Group restated a “neutral” rating on shares of Vontier in a report on Thursday, July 31st. UBS Group lifted their price objective on Vontier from $47.00 to $50.00 and gave the stock a “buy” rating in a report on Tuesday, August 5th. Citigroup restated a “buy” rating and set a $45.00 price objective (up from $37.00) on shares of Vontier in a report on Monday, July 14th. Finally, KeyCorp began coverage on Vontier in a report on Thursday, August 21st. They set an “overweight” rating and a $50.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $47.50.

Vontier Company 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.