Royce & Associates LP lessened its stake in Vontier Corporation (NYSE:VNT – Free Report) by 7.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 1,115,777 shares of the company’s stock after selling 86,621 shares during the quarter. Royce & Associates LP’s holdings in Vontier were worth $41,485,000 as of its most recent SEC filing.
Several other large investors have also recently modified their holdings of the stock. Lazard Asset Management LLC raised its position in shares of Vontier by 7.7% in the 2nd quarter. Lazard Asset Management LLC now owns 3,534 shares of the company’s stock worth $129,000 after purchasing an additional 253 shares during the last quarter. Vanguard Personalized Indexing Management LLC raised its position in shares of Vontier by 0.7% in the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 38,681 shares of the company’s stock worth $1,629,000 after purchasing an additional 268 shares during the last quarter. Americana Partners LLC raised its position in shares of Vontier by 4.9% in the 4th quarter. Americana Partners LLC now owns 6,217 shares of the company’s stock worth $231,000 after purchasing an additional 289 shares during the last quarter. GAMMA Investing LLC raised its position in Vontier by 12.7% in the 4th quarter. GAMMA Investing LLC now owns 2,702 shares of the company’s stock worth $100,000 after buying an additional 304 shares during the last quarter. Finally, HB Wealth Management LLC raised its position in Vontier by 4.3% in the 4th quarter. HB Wealth Management LLC now owns 8,237 shares of the company’s stock worth $306,000 after buying an additional 340 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.
Wall Street Analyst Weigh In
VNT has been the subject of a number of recent analyst reports. Wall Street Zen lowered Vontier from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Barclays decreased their target price on Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Evercore set a $36.00 target price on Vontier in a research report on Monday, May 11th. Weiss Ratings lowered Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Finally, Citigroup decreased their target price on Vontier from $50.00 to $44.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Six analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Vontier currently has an average rating of “Moderate Buy” and a consensus target price of $42.38.
Vontier Price Performance
Shares of NYSE:VNT opened at $29.65 on Tuesday. Vontier Corporation has a fifty-two week low of $27.25 and a fifty-two week high of $48.20. The business has a 50-day simple moving average of $34.26 and a two-hundred day simple moving average of $36.74. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.90 and a current ratio of 1.23. The firm has a market cap of $4.17 billion, a price-to-earnings ratio of 10.48, a price-to-earnings-growth ratio of 1.14 and a beta of 1.24.
Vontier (NYSE:VNT – Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.02). The firm had revenue of $750.60 million for the quarter, compared to the consensus estimate of $737.21 million. Vontier had a net margin of 13.37% and a return on equity of 37.88%. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.77 earnings per share. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q2 2026 guidance at 0.780-0.810 EPS. On average, analysts expect that Vontier Corporation will post 3.41 earnings per share for the current year.
Vontier Announces Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be paid a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Thursday, June 4th. Vontier’s payout ratio is currently 3.53%.
Vontier announced that its board has initiated a share buyback plan on Tuesday, May 19th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the company to repurchase up to 25.4% of its stock through open market purchases. Stock buyback plans are often an indication that the company’s leadership believes its stock is undervalued.
About Vontier
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.
See Also
- Five stocks we like better than Vontier
- SpaceX Gets the Attention, But These 4 Stocks Could Get the Returns
- Microsoft Stock Discount May Be Ending as AI Catalysts Build
- Apparel Earnings Winners and Losers: Ralph Lauren Takes Off
- Why Walmart, Target and TJX Got Such Different Reactions After Earnings
Want to see what other hedge funds are holding VNT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vontier Corporation (NYSE:VNT – Free Report).
Receive News & Ratings for Vontier Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vontier and related companies with MarketBeat.com's FREE daily email newsletter.
