Caxton Associates LLP Makes New $1.52 Million Investment in Vontier Corporation $VNT

Caxton Associates LLP bought a new position in shares of Vontier Corporation (NYSE:VNTFree Report) during the 1st quarter, according to its most recent Form 13F filing with the SEC. The institutional investor bought 42,880 shares of the company’s stock, valued at approximately $1,521,000.

A number of other institutional investors have also recently modified their holdings of the business. Royal Bank of Canada increased its stake in shares of Vontier by 2.9% in the 1st quarter. Royal Bank of Canada now owns 47,039 shares of the company’s stock valued at $1,545,000 after purchasing an additional 1,304 shares in the last quarter. Goldman Sachs Group Inc. boosted its position in Vontier by 42.8% during the first quarter. Goldman Sachs Group Inc. now owns 386,140 shares of the company’s stock worth $12,685,000 after purchasing an additional 115,740 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Vontier by 11.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 583,565 shares of the company’s stock valued at $19,170,000 after purchasing an additional 62,040 shares during the period. Northwestern Mutual Wealth Management Co. grew its holdings in Vontier by 19.5% in the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,486 shares of the company’s stock valued at $129,000 after purchasing an additional 568 shares during the period. Finally, Quantbot Technologies LP purchased a new stake in shares of Vontier in the second quarter valued at approximately $188,000. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on the company. Argus downgraded Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Citigroup dropped their price target on shares of Vontier from $50.00 to $44.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. KeyCorp cut their price target on shares of Vontier from $40.00 to $35.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Robert W. Baird set a $37.00 price objective on shares of Vontier in a research report on Friday, May 8th. Finally, Evercore set a $36.00 price objective on shares of Vontier in a report on Monday, May 11th. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $41.89.

Check Out Our Latest Research Report on VNT

Vontier Stock Performance

NYSE VNT opened at $30.78 on Friday. The company has a market cap of $4.33 billion, a PE ratio of 10.87, a price-to-earnings-growth ratio of 1.16 and a beta of 1.16. The stock’s 50 day simple moving average is $29.23 and its 200-day simple moving average is $34.46. Vontier Corporation has a 1-year low of $27.25 and a 1-year high of $48.20. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.23 and a quick ratio of 0.90.

Vontier (NYSE:VNTGet Free Report) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.80 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.02). Vontier had a return on equity of 37.88% and a net margin of 13.37%.The firm had revenue of $750.60 million for the quarter, compared to analysts’ expectations of $737.21 million. During the same quarter in the previous year, the firm posted $0.77 earnings per share. The firm’s revenue for the quarter was up 1.3% compared to the same quarter last year. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q2 2026 guidance at 0.780-0.810 EPS. As a group, equities research analysts anticipate that Vontier Corporation will post 3.39 EPS for the current fiscal year.

Vontier Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th were issued a dividend of $0.025 per share. The ex-dividend date was Thursday, June 4th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. Vontier’s dividend payout ratio (DPR) is currently 3.53%.

Vontier declared that its Board of Directors has approved a stock repurchase program on Tuesday, May 19th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 25.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s board believes its stock is undervalued.

Vontier Profile

(Free Report)

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.

Further Reading

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:VNTFree Report).

Institutional Ownership by Quarter for Vontier (NYSE:VNT)

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.