Strs Ohio Makes New $1.55 Million Investment in Vontier Corporation $VNT

Strs Ohio purchased a new position in Vontier Corporation (NYSE:VNT) in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 42,098 shares of the company’s stock, valued at approximately $1,553,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of VNT. Nuveen LLC bought a new position in shares of Vontier in the first quarter worth about $67,744,000. Woodline Partners LP boosted its stake in shares of Vontier by 132.9% in the first 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 during the period. Ameriprise Financial Inc. boosted its stake in shares of Vontier by 39.7% in the first 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 during the period. Millennium Management LLC boosted its stake in shares of Vontier by 47.3% in the first quarter. Millennium Management LLC now owns 1,267,489 shares of the company’s stock worth $41,637,000 after acquiring an additional 407,066 shares during the period. Finally, Ceredex Value Advisors LLC bought a new position in shares of Vontier in the first quarter worth about $11,391,000. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Vontier Price Performance

Shares of Vontier stock opened at $38.12 on Thursday. The stock has a 50 day moving average of $41.70 and a 200 day moving average of $38.90. Vontier Corporation has a 12 month low of $27.22 and a 12 month high of $43.88. The firm has a market cap of $5.53 billion, a PE ratio of 13.96, a PEG ratio of 1.42 and a beta of 1.29. 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 (NYSE:VNT) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.78 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.76 by $0.02. Vontier had a return on equity of 40.49% and a net margin of 13.34%.The business had revenue of $752.50 million for the quarter, compared to the consensus estimate of $747.32 million. During the same period in the prior year, the business posted $0.73 earnings per share. The company’s quarterly revenue was up .3% compared to the same quarter last year. Vontier has set its Q4 2025 guidance at 0.820-0.860 EPS. FY 2025 guidance at 3.150-3.20 EPS. On average, research analysts expect that Vontier Corporation will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be given a dividend of $0.025 per share. The ex-dividend date is Thursday, November 20th. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. Vontier’s dividend payout ratio is 3.66%.

Analyst Upgrades and Downgrades

A number of equities analysts have recently weighed in on VNT shares. Citigroup reaffirmed a “buy” rating and issued a $45.00 price objective (up previously from $37.00) on shares of Vontier in a research note on Monday, July 14th. Robert W. Baird dropped their price objective on Vontier from $45.00 to $44.00 and set a “neutral” rating for the company in a research note on Monday. Barclays dropped their price objective on Vontier from $49.00 to $47.00 and set an “overweight” rating for the company in a research note on Monday. Evercore ISI reissued an “outperform” rating on shares of Vontier in a research note on Tuesday, August 19th. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Vontier in a research note on Wednesday, October 8th. Seven analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus price target of $46.63.

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.