Vontier Corporation $VNT Shares Bought by Price T Rowe Associates Inc. MD

Price T Rowe Associates Inc. MD boosted its stake in shares of Vontier Corporation (NYSE:VNT) by 0.6% during the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 1,604,774 shares of the company’s stock after buying an additional 9,682 shares during the quarter. Price T Rowe Associates Inc. MD owned 1.09% of Vontier worth $52,718,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. T. Rowe Price Investment Management Inc. grew its position in Vontier by 5.4% during the first quarter. T. Rowe Price Investment Management Inc. now owns 2,815,287 shares of the company’s stock worth $92,483,000 after buying an additional 143,737 shares during the period. Capital Fund Management S.A. purchased a new stake in shares of Vontier in the first quarter valued at about $620,000. EntryPoint Capital LLC purchased a new stake in shares of Vontier in the first quarter valued at about $437,000. Hsbc Holdings PLC lifted its holdings in shares of Vontier by 259.8% in the first quarter. Hsbc Holdings PLC now owns 48,391 shares of the company’s stock valued at $1,586,000 after purchasing an additional 34,940 shares in the last quarter. Finally, Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Vontier by 2.0% in the first quarter. Fuller & Thaler Asset Management Inc. now owns 3,390,111 shares of the company’s stock valued at $111,365,000 after purchasing an additional 66,620 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Vontier Stock Performance

Shares of VNT opened at $43.48 on Wednesday. The company has a debt-to-equity ratio of 1.32, a quick ratio of 0.80 and a current ratio of 1.08. The company has a market capitalization of $6.38 billion, a price-to-earnings ratio of 16.53, a PEG ratio of 1.42 and a beta of 1.31. The company’s 50 day simple moving average is $39.46 and its 200 day simple moving average is $36.11. Vontier Corporation has a 1 year low of $27.22 and a 1 year high of $43.77.

Vontier (NYSE:VNT) last issued its quarterly earnings results on Thursday, July 31st. The company reported $0.79 EPS for the quarter, topping the consensus estimate of $0.72 by $0.07. Vontier had a net margin of 12.99% and a return on equity of 41.96%. The firm had revenue of $773.50 million during the quarter, compared to analyst estimates of $734.23 million. During the same quarter in the prior year, the business posted $0.63 earnings per share. Vontier’s revenue for the quarter was up 11.1% compared to the same quarter last year. Vontier has set its FY 2025 guidance at 3.100-3.200 EPS. Q3 2025 guidance at 0.740-0.780 EPS. On average, sell-side analysts predict that Vontier Corporation will post 3.13 EPS for the current year.

Vontier Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 25th. Investors of record on Thursday, September 4th will be given a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, September 4th. This represents a $0.10 annualized dividend and a yield of 0.2%. Vontier’s dividend payout ratio is 3.80%.

Analysts Set New Price Targets

Several analysts have issued reports on the stock. Barclays reaffirmed an “overweight” rating on shares of Vontier in a report on Monday, August 4th. Wall Street Zen raised shares of Vontier from a “buy” rating to a “strong-buy” rating in a report on Saturday, August 2nd. UBS Group upped their price target on shares of Vontier from $47.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Vontier in a report on Thursday, July 31st. Finally, KeyCorp assumed coverage on shares of Vontier in a report on Thursday, August 21st. They issued an “overweight” rating and a $50.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and two have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $47.50.

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.