Prudential Financial Inc. Has $23.80 Million Position in Vontier Corporation $VNT

Prudential Financial Inc. increased its stake in Vontier Corporation by 204.2% in Q2, owning 644,959 shares worth $23.8 million. Other institutional investors also adjusted their positions. Analysts have mixed ratings, with a moderate buy consensus and an average price target of $45.89. Vontier's Q3 earnings beat estimates, with revenue up 0.3% year-over-year. The company announced a quarterly dividend of $0.025 per share, payable on December 11th.

Prudential Financial Inc. raised its stake in shares of Vontier Corporation (NYSE:VNT - Free Report) by 204.2% in the second quarter, according to the company in its most recent disclosure with the SEC. The firm owned 644,959 shares of the company's stock after acquiring an additional 432,909 shares during the quarter. Prudential Financial Inc. owned approximately 0.44% of Vontier worth $23,799,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in VNT. Brooklyn Investment Group increased its position in shares of Vontier by 586.2% during the 1st quarter. Brooklyn Investment Group now owns 844 shares of the company's stock worth $28,000 after purchasing an additional 721 shares in the last quarter. Parkside Financial Bank & Trust boosted its position in Vontier by 39.0% in the second quarter. Parkside Financial Bank & Trust now owns 973 shares of the company's stock valued at $36,000 after buying an additional 273 shares in the last quarter. MassMutual Private Wealth & Trust FSB grew its stake in Vontier by 75.7% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,228 shares of the company's stock worth $45,000 after buying an additional 529 shares during the last quarter. Trust Co. of Toledo NA OH acquired a new stake in shares of Vontier during the second quarter worth approximately $53,000. Finally, Summit Securities Group LLC bought a new position in shares of Vontier in the first quarter valued at approximately $64,000. Institutional investors and hedge funds own 95.83% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on VNT. Robert W. Baird decreased their price target on Vontier from $45.00 to $44.00 and set a "neutral" rating on the stock in a research report on Monday, November 3rd. UBS Group boosted their price objective on Vontier from $47.00 to $50.00 and gave the stock a "buy" rating in a research note on Tuesday, August 5th. Wall Street Zen cut Vontier from a "buy" rating to a "hold" rating in a report on Sunday, November 9th. Evercore ISI reaffirmed an "outperform" rating on shares of Vontier in a report on Tuesday, August 19th. Finally, KeyCorp reduced their price target on shares of Vontier from $50.00 to $45.00 and set an "overweight" rating on the stock in a research report on Friday, October 31st. Eight research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of $45.89.

View Our Latest Report on VNT

Vontier Trading Up 1.3%

VNT stock opened at $35.70 on Wednesday. The company has a quick ratio of 0.90, a current ratio of 1.18 and a debt-to-equity ratio of 1.29. Vontier Corporation has a twelve month low of $27.22 and a twelve month high of $43.88. The company has a market cap of $5.18 billion, a P/E ratio of 13.08, a PEG ratio of 1.54 and a beta of 1.29. The business has a fifty day moving average of $39.76 and a 200-day moving average of $39.32.

Vontier (NYSE:VNT - Get Free Report) last posted its quarterly earnings results on Thursday, October 30th. The company reported $0.78 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.76 by $0.02. The business had revenue of $752.50 million for the quarter, compared to analysts' expectations of $747.32 million. Vontier had a return on equity of 40.49% and a net margin of 13.34%.The firm's quarterly revenue was up .3% compared to the same quarter last year. During the same quarter last year, the business earned $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 expect that Vontier Corporation will post 3.13 EPS for the current year.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th will be given a dividend of $0.025 per share. The ex-dividend date is Thursday, November 20th. This represents a $0.10 annualized dividend and a dividend yield of 0.3%. Vontier's payout ratio is currently 3.66%.

About Vontier

(Free Report)

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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