Eubel Brady & Suttman Asset Management Inc. raised its position in Vontier Corporation (NYSE:VNT – Free Report) by 3.2% during the second quarter, according to its most recent filing with the SEC. The institutional investor owned 479,034 shares of the company’s stock after purchasing an additional 14,808 shares during the period. Vontier accounts for approximately 2.2% of Eubel Brady & Suttman Asset Management Inc.’s portfolio, making the stock its 23rd biggest holding. Eubel Brady & Suttman Asset Management Inc.’s holdings in Vontier were worth $17,676,000 at the end of the most recent quarter.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Brooklyn Investment Group increased its stake in shares of Vontier by 586.2% in the 1st quarter. Brooklyn Investment Group now owns 844 shares of the company’s stock worth $28,000 after acquiring an additional 721 shares during the last quarter. Olde Wealth Management LLC acquired a new stake in shares of Vontier in the 1st quarter worth $36,000. MassMutual Private Wealth & Trust FSB lifted its position in Vontier by 75.7% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,228 shares of the company’s stock valued at $45,000 after buying an additional 529 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new position in Vontier in the second quarter valued at about $53,000. Finally, Summit Securities Group LLC acquired a new position in Vontier in the first quarter valued at about $64,000. Hedge funds and other institutional investors own 95.83% of the company’s stock.
Analyst Ratings Changes
VNT has been the topic of a number of recent analyst reports. Citigroup reaffirmed a “buy” rating and issued a $45.00 target price (up previously from $37.00) on shares of Vontier in a research report on Monday, July 14th. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Vontier in a research report on Wednesday, October 8th. Barclays reaffirmed an “overweight” rating on shares of Vontier in a research report on Monday, August 4th. The Goldman Sachs Group reaffirmed a “neutral” rating on shares of Vontier in a research report on Thursday, July 31st. Finally, KeyCorp started coverage on Vontier in a research report on Thursday, August 21st. They issued an “overweight” rating and a $50.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $47.50.
Vontier Stock Performance
NYSE VNT opened at $42.71 on Wednesday. The company has a market cap of $6.27 billion, a P/E ratio of 16.24, a P/E/G ratio of 1.42 and a beta of 1.30. The company has a debt-to-equity ratio of 1.32, a current ratio of 1.08 and a quick ratio of 0.80. The stock has a 50-day moving average of $42.21 and a two-hundred day moving average of $38.53. Vontier Corporation has a 1-year low of $27.22 and a 1-year high of $43.88.
Vontier (NYSE:VNT – Get Free Report) last released its earnings results on Thursday, July 31st. The company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.72 by $0.07. Vontier had a return on equity of 41.96% and a net margin of 12.99%.The company had revenue of $773.50 million during the quarter, compared to the consensus estimate of $734.23 million. During the same period in the previous year, the company posted $0.63 EPS. Vontier’s revenue 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. As a group, analysts anticipate that Vontier Corporation will post 3.13 EPS for the current year.
Vontier Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th were given a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.2%. Vontier’s payout ratio is currently 3.80%.
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.
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