Vontier (NYSE:VNT) Hits New 1-Year Low – Here’s What Happened

Vontier Corporation (NYSE:VNTGet Free Report) shares reached a new 52-week low during mid-day trading on Tuesday . The company traded as low as $27.76 and last traded at $27.9820, with a volume of 2213159 shares changing hands. The stock had previously closed at $28.03.

Analyst Ratings Changes

VNT has been the subject of a number of research reports. KeyCorp reduced their price objective on Vontier from $50.00 to $40.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Weiss Ratings downgraded Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday. Robert W. Baird set a $37.00 price objective on Vontier in a research report on Friday, May 8th. Citigroup reduced their price objective on Vontier from $50.00 to $44.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Finally, Wall Street Zen downgraded Vontier from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Six equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $42.38.

Read Our Latest Stock Analysis on VNT

Vontier Price Performance

The stock has a 50-day simple moving average of $34.74 and a 200 day simple moving average of $36.92. 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 company has a market cap of $4.00 billion, a P/E ratio of 10.03, a P/E/G ratio of 1.07 and a beta of 1.24.

Vontier (NYSE:VNTGet Free Report) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.80 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.02). The firm had revenue of $750.60 million during the quarter, compared to the consensus estimate of $737.21 million. Vontier had a return on equity of 37.88% and a net margin of 13.37%.Vontier’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.77 EPS. 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, equities analysts expect that Vontier Corporation will post 3.41 EPS for the current year.

Vontier Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.4%. The ex-dividend date is Thursday, June 4th. Vontier’s dividend payout ratio (DPR) is 3.53%.

Vontier declared that its board has approved a stock buyback program on Tuesday, May 19th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to reacquire up to 25.4% of its stock through open market purchases. Stock buyback programs are generally a sign that the company’s board of directors believes its shares are undervalued.

Hedge Funds Weigh In On Vontier

Hedge funds and other institutional investors have recently modified their holdings of the stock. Allworth Financial LP lifted its position in shares of Vontier by 212.9% during the 3rd quarter. Allworth Financial LP now owns 948 shares of the company’s stock worth $40,000 after buying an additional 645 shares during the period. Scarborough Advisors LLC bought a new position in shares of Vontier during the 1st quarter worth approximately $57,000. Employees Retirement System of Texas bought a new position in shares of Vontier during the 3rd quarter worth approximately $58,000. Clearstead Advisors LLC lifted its position in shares of Vontier by 82.8% during the 4th quarter. Clearstead Advisors LLC now owns 1,665 shares of the company’s stock worth $62,000 after buying an additional 754 shares during the period. Finally, Quarry LP lifted its position in shares of Vontier by 5,897.1% during the 3rd quarter. Quarry LP now owns 2,099 shares of the company’s stock worth $88,000 after buying an additional 2,064 shares during the period. Institutional investors own 95.83% of the company’s stock.

About Vontier

(Get 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.

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