Private Management Group Inc. Purchases 7,562 Shares of Vontier Corporation $VNT

Private Management Group Inc. lifted its position in shares of Vontier Corporation (NYSE:VNT) by 1.5% during the second quarter, HoldingsChannel.com reports. The institutional investor owned 501,342 shares of the company’s stock after purchasing an additional 7,562 shares during the quarter. Private Management Group Inc.’s holdings in Vontier were worth $18,500,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Avantax Advisory Services Inc. purchased a new stake in shares of Vontier during the first quarter valued at approximately $285,000. Hsbc Holdings PLC raised its holdings in Vontier by 259.8% during the 1st quarter. Hsbc Holdings PLC now owns 48,391 shares of the company’s stock valued at $1,586,000 after buying an additional 34,940 shares during the last quarter. Price T Rowe Associates Inc. MD boosted its position in Vontier by 0.6% during the 1st quarter. Price T Rowe Associates Inc. MD now owns 1,604,774 shares of the company’s stock valued at $52,718,000 after buying an additional 9,682 shares during the period. Allianz Asset Management GmbH grew its holdings in Vontier by 6.6% in the 1st quarter. Allianz Asset Management GmbH now owns 193,476 shares of the company’s stock worth $6,356,000 after acquiring an additional 12,021 shares during the last quarter. Finally, Comerica Bank grew its holdings in Vontier by 20.0% in the 1st quarter. Comerica Bank now owns 97,370 shares of the company’s stock worth $3,199,000 after acquiring an additional 16,243 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Vontier Stock Up 2.8%

Shares of NYSE:VNT opened at $34.90 on Friday. The firm has a market capitalization of $5.06 billion, a P/E ratio of 12.79, a P/E/G ratio of 1.48 and a beta of 1.29. The company has a debt-to-equity ratio of 1.29, a quick ratio of 0.90 and a current ratio of 1.18. The stock has a 50 day moving average price of $40.05 and a 200-day moving average price of $39.23. Vontier Corporation has a 52-week low of $27.22 and a 52-week high of $43.88.

Vontier (NYSE:VNT) last released its quarterly earnings results on Thursday, October 30th. The company reported $0.78 earnings per share for the quarter, beating the consensus estimate of $0.76 by $0.02. The company had revenue of $752.50 million for the quarter, compared to analyst estimates of $747.32 million. Vontier had a return on equity of 40.49% and a net margin of 13.34%.The firm’s revenue was up .3% on a year-over-year basis. During the same period in the previous year, the company posted $0.73 earnings per share. Vontier has set its Q4 2025 guidance at 0.820-0.860 EPS. FY 2025 guidance at 3.150-3.20 EPS. As a group, equities research analysts anticipate that Vontier Corporation will post 3.13 EPS for the current fiscal year.

Vontier Dividend Announcement

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

Wall Street Analysts Forecast Growth

VNT has been the subject of several recent analyst reports. Evercore ISI reaffirmed an “outperform” rating on shares of Vontier in a research note on Tuesday, August 19th. Wall Street Zen downgraded Vontier from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. KeyCorp dropped their price objective on Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, October 31st. Barclays cut their price objective on Vontier from $49.00 to $47.00 and set an “overweight” rating on the stock in a research report on Monday, November 3rd. Finally, Robert W. Baird decreased their target price on Vontier from $45.00 to $44.00 and set a “neutral” rating for the company in a report on Monday, November 3rd. Eight research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $45.89.

Vontier Company 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.