PNC Financial Services Group Inc. Has $994,000 Position in Vontier Corporation $VNT

PNC Financial Services Group Inc. raised its holdings in Vontier Corporation (NYSE:VNT) by 6.9% in the second quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 26,933 shares of the company’s stock after acquiring an additional 1,746 shares during the quarter. PNC Financial Services Group Inc.’s holdings in Vontier were worth $994,000 at the end of the most recent quarter.

A number of other large investors have also recently bought and sold shares of the business. Ameriprise Financial Inc. increased its position in Vontier by 39.7% during the first quarter. Ameriprise Financial Inc. now owns 3,515,334 shares of the company’s stock worth $115,479,000 after buying an additional 999,755 shares during the last quarter. Fuller & Thaler Asset Management Inc. boosted its stake in shares of 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. increased its holdings in shares of 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 valued at $92,483,000 after acquiring an additional 143,737 shares during the last quarter. Nuveen LLC acquired a new position in shares of Vontier during the 1st quarter valued at about $67,744,000. Finally, Woodline Partners LP raised its stake in shares of Vontier by 132.9% in the 1st quarter. Woodline Partners LP now owns 1,879,793 shares of the company’s stock valued at $61,751,000 after acquiring an additional 1,072,683 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors.

Vontier Stock Up 2.8%

Shares of VNT stock opened at $34.90 on Friday. Vontier Corporation has a one year low of $27.22 and a one year high of $43.88. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.18 and a quick ratio of 0.90. The stock has a fifty day moving average price of $40.05 and a 200 day moving average price of $39.23. The stock has a market cap of $5.06 billion, a P/E ratio of 12.79, a price-to-earnings-growth ratio of 1.48 and a beta of 1.29.

Vontier (NYSE:VNT) last announced 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. The company had revenue of $752.50 million during the quarter, compared to analysts’ expectations of $747.32 million. Vontier had a net margin of 13.34% and a return on equity of 40.49%. The business’s revenue was up .3% on a year-over-year basis. During the same quarter in the prior year, the company posted $0.73 EPS. Vontier has set its Q4 2025 guidance at 0.820-0.860 EPS. FY 2025 guidance at 3.150-3.20 EPS. Analysts predict that Vontier Corporation will post 3.13 earnings per share for the current year.

Vontier Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Shareholders of record on Thursday, November 20th will be paid 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 (DPR) is currently 3.66%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on VNT. Evercore ISI reaffirmed an “outperform” rating on shares of Vontier in a research report on Tuesday, August 19th. UBS Group upped their price objective 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 lowered shares of Vontier from a “buy” rating to a “hold” rating in a research note on Sunday, November 9th. Argus raised shares of Vontier from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research report on Tuesday, August 5th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Vontier in a research report on Monday. Eight analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $45.89.

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.