Geode Capital Management LLC Sells 7,525 Shares of Vontier Corporation $VNT

Geode Capital Management LLC reduced its stake in Vontier Corporation (NYSE:VNT) by 0.3% in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 2,629,675 shares of the company’s stock after selling 7,525 shares during the quarter. Geode Capital Management LLC owned approximately 1.79% of Vontier worth $97,050,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the company. Brooklyn Investment Group grew 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 in the last quarter. Parkside Financial Bank & Trust boosted its holdings in Vontier by 39.0% during the second quarter. Parkside Financial Bank & Trust now owns 973 shares of the company’s stock worth $36,000 after purchasing an additional 273 shares during the last quarter. MassMutual Private Wealth & Trust FSB grew its position in Vontier by 75.7% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,228 shares of the company’s stock worth $45,000 after purchasing an additional 529 shares in the last quarter. Trust Co. of Toledo NA OH bought a new stake in Vontier in the 2nd quarter worth about $53,000. Finally, Summit Securities Group LLC purchased a new stake in Vontier in the 1st quarter valued at about $64,000. 95.83% of the stock is owned by hedge funds and other institutional investors.

Vontier Stock Performance

Shares of VNT opened at $34.90 on Friday. Vontier Corporation has a 1 year low of $27.22 and a 1 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’s fifty day moving average price is $40.05 and its two-hundred day moving average price is $39.23. The firm has a market cap of $5.06 billion, a PE ratio of 12.79, a PEG ratio of 1.48 and a beta of 1.29.

Vontier (NYSE:VNT) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.78 earnings per share for the quarter, topping the consensus estimate of $0.76 by $0.02. Vontier had a return on equity of 40.49% and a net margin of 13.34%.The company had revenue of $752.50 million during the quarter, compared to the consensus estimate of $747.32 million. During the same quarter in the prior year, the company earned $0.73 EPS. The firm’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, equities research analysts forecast that Vontier Corporation will post 3.13 EPS for the current year.

Vontier Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be paid a $0.025 dividend. The ex-dividend date is Thursday, November 20th. This represents a $0.10 annualized dividend and a dividend yield of 0.3%. Vontier’s dividend payout ratio (DPR) is presently 3.66%.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on VNT shares. Bank of America restated an “underperform” rating and issued a $40.00 target price (down previously from $50.00) on shares of Vontier in a research note on Friday, November 14th. The Goldman Sachs Group reissued a “neutral” rating on shares of Vontier in a research report on Thursday, July 31st. Robert W. Baird reduced 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, November 3rd. Barclays lowered their target price on Vontier from $49.00 to $47.00 and set an “overweight” rating on the stock in a research note on Monday, November 3rd. Finally, Evercore ISI restated an “outperform” rating on shares of Vontier in a research report on Tuesday, August 19th. Eight analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Vontier currently has a consensus rating of “Moderate Buy” and an average 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.