Marathon Asset Management Ltd Trims Stake in Vontier Corporation $VNT

Marathon Asset Management Ltd trimmed its position in Vontier Corporation (NYSE:VNT) by 26.4% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 227,373 shares of the company’s stock after selling 81,490 shares during the quarter. Marathon Asset Management Ltd’s holdings in Vontier were worth $9,543,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also made changes to their positions in VNT. Lazard Asset Management LLC raised its holdings in shares of Vontier by 7.7% in the second quarter. Lazard Asset Management LLC now owns 3,534 shares of the company’s stock valued at $129,000 after acquiring an additional 253 shares in the last quarter. Parkside Financial Bank & Trust grew its holdings in Vontier by 39.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 973 shares of the company’s stock worth $36,000 after acquiring an additional 273 shares in the last quarter. Blue Trust Inc. increased its position in Vontier by 5.8% during the 3rd quarter. Blue Trust Inc. now owns 5,702 shares of the company’s stock valued at $239,000 after purchasing an additional 315 shares during the period. Steward Partners Investment Advisory LLC increased its position in Vontier by 29.0% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,505 shares of the company’s stock valued at $56,000 after purchasing an additional 338 shares during the period. Finally, Farther Finance Advisors LLC raised its holdings in shares of Vontier by 22.5% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,850 shares of the company’s stock valued at $78,000 after purchasing an additional 340 shares in the last quarter. Institutional investors own 95.83% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on VNT. Weiss Ratings reiterated a “buy (b-)” rating on shares of Vontier in a research note on Monday, December 22nd. Bank of America reissued an “underperform” rating and issued a $40.00 price objective (down previously from $50.00) on shares of Vontier in a research note on Friday, November 14th. Robert W. Baird dropped their target price on Vontier from $45.00 to $44.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Wall Street Zen downgraded Vontier from a “buy” rating to a “hold” rating in a report on Sunday, November 9th. Finally, KeyCorp reduced their price target on Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Friday, October 31st. Seven equities 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 company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $45.63.

Vontier Price Performance

NYSE VNT opened at $38.12 on Monday. The firm’s fifty day simple moving average is $37.70 and its two-hundred day simple moving average is $39.42. The firm has a market capitalization of $5.53 billion, a P/E ratio of 13.96, a P/E/G ratio of 1.66 and a beta of 1.28. The company has a current ratio of 1.18, a quick ratio of 0.90 and a debt-to-equity ratio of 1.29. Vontier Corporation has a 12-month low of $27.22 and a 12-month high of $43.88.

Vontier (NYSE:VNT) last issued its quarterly earnings data on Thursday, October 30th. The company reported $0.78 EPS for the quarter, beating 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 firm had revenue of $752.50 million during the quarter, compared to analyst estimates of $747.32 million. During the same quarter in the prior year, the business posted $0.73 EPS. The business’s revenue for the quarter was up .3% compared to the same quarter last year. Vontier has set its Q4 2025 guidance at 0.820-0.860 EPS and its FY 2025 guidance at 3.150-3.20 EPS. Analysts forecast that Vontier Corporation will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, December 11th. Stockholders of record on Thursday, November 20th were paid a dividend of $0.025 per share. The ex-dividend date was Thursday, November 20th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. Vontier’s payout ratio is presently 3.66%.

Vontier Company Profile

Vontier is a global industrial technology company focused on advancing mobility infrastructure and transportation solutions. Established as a standalone public company in October 2020 through the spin-off of Fortive’s mobility and transportation platforms, Vontier is headquartered in Raleigh, North Carolina. The company’s mission centers on delivering innovative products and services that help customers meet evolving demands in fuel retail, fleet management, and automotive service.

The company’s diversified portfolio spans several well-known brands.