Vontier Corporation $VNT Shares Sold by Allianz Asset Management GmbH

Allianz Asset Management GmbH lessened its stake in shares of Vontier Corporation (NYSE:VNT) by 9.7% in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 174,665 shares of the company’s stock after selling 18,811 shares during the period. Allianz Asset Management GmbH’s holdings in Vontier were worth $6,445,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently modified their holdings of the stock. Sequoia Financial Advisors LLC raised its position in shares of Vontier by 6.0% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 91,100 shares of the company’s stock worth $3,362,000 after purchasing an additional 5,156 shares during the last quarter. CWM LLC raised its holdings in Vontier by 596.9% in the 2nd quarter. CWM LLC now owns 13,728 shares of the company’s stock valued at $507,000 after acquiring an additional 11,758 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its holdings in Vontier by 33.8% in the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 38,413 shares of the company’s stock valued at $1,422,000 after acquiring an additional 9,707 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new stake in Vontier in the 2nd quarter valued at about $53,000. Finally, Blue Trust Inc. raised its holdings in Vontier by 21.4% in the 2nd quarter. Blue Trust Inc. now owns 5,387 shares of the company’s stock valued at $199,000 after acquiring an additional 950 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Stock Down 2.1%

Shares of NYSE VNT opened at $42.31 on Thursday. The company has a 50 day simple moving average of $42.18 and a 200-day simple moving average of $38.03. The company has a market capitalization of $6.21 billion, a P/E ratio of 16.09, a P/E/G ratio of 1.43 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. Vontier Corporation has a 1 year low of $27.22 and a 1 year high of $43.88.

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

Vontier Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors 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 dividend payout ratio (DPR) is presently 3.80%.

Analyst Upgrades and Downgrades

A number of analysts have commented on VNT shares. UBS Group increased their price objective on shares of Vontier from $47.00 to $50.00 and gave the company a “buy” rating in a report on Tuesday, August 5th. KeyCorp started coverage on shares of Vontier in a report on Thursday, August 21st. They issued an “overweight” rating and a $50.00 price objective for the company. Citigroup reiterated a “buy” rating and issued a $45.00 price objective (up previously from $37.00) on shares of Vontier in a report on Monday, July 14th. Evercore ISI reiterated an “outperform” rating on shares of Vontier in a report on Tuesday, August 19th. Finally, Robert W. Baird increased their price objective on shares of Vontier from $40.00 to $45.00 and gave the company a “neutral” rating in a report on Monday, August 4th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus 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.