Corient Private Wealth LP Makes New $65.04 Million Investment in Vontier Corporation $VNT

Corient Private Wealth LP bought a new position in shares of Vontier Corporation (NYSE:VNTFree Report) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 2,242,647 shares of the company’s stock, valued at approximately $65,037,000. Corient Private Wealth LP owned approximately 1.66% of Vontier as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in VNT. Scarborough Advisors LLC acquired a new stake in Vontier during the first quarter worth approximately $57,000. Employees Retirement System of Texas acquired a new position in Vontier in the 3rd quarter valued at $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 valued at $62,000 after acquiring an additional 754 shares during the period. 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 valued at $88,000 after acquiring an additional 2,064 shares during the period. Finally, Parkside Financial Bank & Trust grew its holdings in shares of Vontier by 152.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,634 shares of the company’s stock worth $98,000 after purchasing an additional 1,591 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Vontier Trading Down 1.5%

VNT opened at $33.17 on Friday. The company has a market cap of $4.49 billion, a P/E ratio of 13.77, a PEG ratio of 1.16 and a beta of 1.15. The company has a current ratio of 1.25, a quick ratio of 0.94 and a debt-to-equity ratio of 1.33. The company’s 50 day moving average is $31.32 and its 200-day moving average is $33.58. Vontier Corporation has a 1-year low of $27.25 and a 1-year high of $48.20.

Vontier (NYSE:VNTGet Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. Vontier had a net margin of 11.34% and a return on equity of 38.57%. The business had revenue of $756.70 million during the quarter, compared to analysts’ expectations of $747.12 million. During the same period in the prior year, the company earned $0.79 EPS. The firm’s quarterly revenue was down 2.2% compared to the same quarter last year. Vontier has set its FY 2026 guidance at 3.450-3.550 EPS and its Q3 2026 guidance at 0.820-0.860 EPS. Equities research analysts predict that Vontier Corporation will post 3.49 earnings per share for the current fiscal year.

Vontier declared that its Board of Directors has initiated a share repurchase program on Tuesday, May 19th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to reacquire up to 25.4% of its shares through open market purchases. Shares repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Vontier Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Thursday, September 3rd. Vontier’s dividend payout ratio is presently 4.15%.

Wall Street Analyst Weigh In

A number of research firms recently commented on VNT. Wall Street Zen downgraded Vontier from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Argus lowered shares of Vontier from a “buy” rating to a “hold” rating in a report on Tuesday, May 26th. Robert W. Baird set a $39.00 target price on shares of Vontier in a research report on Friday, August 7th. KeyCorp upped their price target on shares of Vontier from $35.00 to $40.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Finally, Wolfe Research reiterated an “outperform” rating and set a $43.00 price target on shares of Vontier in a research report on Thursday, July 9th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Vontier has an average rating of “Hold” and an average price target of $41.00.

View Our Latest Stock Analysis on VNT

Vontier Company 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.

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Institutional Ownership by Quarter for Vontier (NYSE:VNT)

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