Mutual of America Capital Management LLC Grows Position in Vontier Corporation $VNT

Mutual of America Capital Management LLC increased its position in shares of Vontier Corporation (NYSE:VNT) by 58.8% during the second quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 243,146 shares of the company’s stock after buying an additional 89,998 shares during the quarter. Mutual of America Capital Management LLC owned about 0.16% of Vontier worth $8,972,000 as of its most recent SEC filing.

A number of other hedge funds have also recently added to or reduced their stakes in VNT. GAMMA Investing LLC grew its stake in Vontier by 60.1% during the 1st quarter. GAMMA Investing LLC now owns 2,209 shares of the company’s stock worth $73,000 after buying an additional 829 shares during the last quarter. Blue Trust Inc. grew its stake in shares of Vontier by 14.9% in the 1st quarter. Blue Trust Inc. now owns 4,437 shares of the company’s stock valued at $146,000 after purchasing an additional 574 shares during the last quarter. Oppenheimer Asset Management Inc. grew its stake in shares of Vontier by 23.8% in the 1st quarter. Oppenheimer Asset Management Inc. now owns 30,142 shares of the company’s stock valued at $990,000 after purchasing an additional 5,800 shares during the last quarter. Lecap Asset Management Ltd. grew its stake in shares of Vontier by 384.5% in the 1st quarter. Lecap Asset Management Ltd. now owns 30,028 shares of the company’s stock valued at $986,000 after purchasing an additional 23,830 shares during the last quarter. Finally, Wealthquest Corp purchased a new position in shares of Vontier in the 1st quarter valued at approximately $80,000. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have weighed in on the company. The Goldman Sachs Group reiterated a “neutral” rating on shares of Vontier in a research note on Thursday, July 31st. Argus upgraded Vontier from a “hold” rating to a “buy” rating and set a $47.00 target price on the stock in a research note on Tuesday, August 5th. UBS Group lifted their target price on Vontier from $47.00 to $50.00 and gave the company a “buy” rating in a research note on Tuesday, August 5th. Barclays reiterated an “overweight” rating on shares of Vontier in a research note on Monday, August 4th. Finally, KeyCorp began coverage on Vontier in a research note on Thursday, August 21st. They issued an “overweight” rating and a $50.00 price target on the stock. One research analyst has rated the stock with a Strong Buy rating, six have assigned a Buy rating and three have given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $47.50.

Vontier Stock Up 2.8%

Vontier stock opened at $42.57 on Monday. 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. The company has a market cap of $6.24 billion, a PE ratio of 16.18, a price-to-earnings-growth ratio of 1.40 and a beta of 1.30. The stock’s 50 day moving average price is $42.12 and its 200 day moving average price is $37.87.

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

Vontier Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 25th. Investors of record on Thursday, September 4th were issued a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, September 4th. This represents a $0.10 annualized dividend and a yield of 0.2%. Vontier’s payout ratio is currently 3.80%.

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.