LSV Asset Management lifted its position in shares of Vontier Corporation (NYSE:VNT – Free Report) by 14.4% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 1,910,586 shares of the company’s stock after purchasing an additional 240,400 shares during the period. LSV Asset Management owned 1.32% of Vontier worth $71,036,000 as of its most recent SEC filing.
A number of other institutional investors also recently modified their holdings of the company. Allworth Financial LP lifted its holdings in Vontier by 212.9% in the third 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. Employees Retirement System of Texas purchased a new stake in Vontier in the third quarter worth about $58,000. Quarry LP lifted its holdings in Vontier by 5,897.1% in the third 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. GAMMA Investing LLC lifted its holdings in Vontier by 12.7% in the fourth 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 period. Finally, Global Retirement Partners LLC lifted its holdings in Vontier by 3,928.6% in the fourth quarter. Global Retirement Partners LLC now owns 3,384 shares of the company’s stock worth $126,000 after buying an additional 3,300 shares during the period. 95.83% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
VNT has been the subject of several research analyst reports. Barclays lowered their price objective on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Wall Street Zen lowered shares of Vontier from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Weiss Ratings lowered shares of Vontier from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday. Robert W. Baird set a $37.00 price objective on shares of Vontier in a 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, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $42.38.
Vontier Price Performance
Shares of NYSE VNT opened at $29.65 on Friday. Vontier Corporation has a fifty-two week low of $27.25 and a fifty-two week high of $48.20. The company has a 50 day simple moving average of $34.39 and a two-hundred day simple moving average of $36.80. The company has a market capitalization of $4.17 billion, a price-to-earnings ratio of 10.48, a P/E/G ratio of 1.14 and a beta of 1.24. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.90 and a current ratio of 1.23.
Vontier (NYSE:VNT – Get Free Report) last announced its earnings results on Thursday, May 7th. The company reported $0.80 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.02). Vontier had a net margin of 13.37% and a return on equity of 37.88%. The business had revenue of $750.60 million for the quarter, compared to the consensus estimate of $737.21 million. During the same period in the prior year, the business posted $0.77 EPS. Vontier’s revenue for the quarter was up 1.3% on a year-over-year basis. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q2 2026 guidance at 0.780-0.810 EPS. Analysts expect that Vontier Corporation will post 3.41 EPS for the current fiscal year.
Vontier declared that its Board of Directors has authorized a share buyback plan on Tuesday, May 19th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the company to buy up to 25.4% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its shares are undervalued.
Vontier Announces Dividend
The firm also recently announced 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. The ex-dividend date of this dividend is 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 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.
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