Corient Private Wealth LP Acquires New Holdings in Vontier Corporation $VNT

Corient Private Wealth LP bought a new position in shares of Vontier Corporation (NYSE:VNT) during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 2,242,647 shares of the company’s stock, valued at approximately $65,037,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Lazard Asset Management LLC raised its stake in shares of Vontier by 7.7% during the second quarter. Lazard Asset Management LLC now owns 3,534 shares of the company’s stock valued at $129,000 after acquiring an additional 253 shares during the last quarter. Americana Partners LLC grew its stake in shares of Vontier by 4.9% in the fourth 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. Great Lakes Advisors LLC increased its holdings in Vontier by 5.6% in the fourth quarter. Great Lakes Advisors LLC now owns 6,104 shares of the company’s stock valued at $227,000 after purchasing an additional 321 shares during the period. HB Wealth Management LLC increased its holdings in Vontier by 4.3% in the fourth quarter. HB Wealth Management LLC now owns 8,237 shares of the company’s stock valued at $306,000 after purchasing an additional 340 shares during the period. Finally, Deutsche Bank AG raised its position in Vontier by 2.2% during the 4th quarter. Deutsche Bank AG now owns 17,829 shares of the company’s stock worth $663,000 after purchasing an additional 390 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

Several analysts recently commented on VNT shares. Citigroup reduced their target price on Vontier from $50.00 to $44.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Barclays dropped their price target on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Robert W. Baird set a $39.00 price objective on shares of Vontier in a research note on Friday, August 7th. Weiss Ratings cut shares of Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Finally, Wolfe Research reissued an “outperform” rating and set a $43.00 target price on shares of Vontier in a research note on Thursday, July 9th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $41.00.

Vontier Stock Down 1.5%

Shares of NYSE:VNT opened at $33.17 on Friday. The business’s 50 day simple moving average is $31.32 and its two-hundred day simple moving average is $33.58. Vontier Corporation has a 52-week low of $27.25 and a 52-week high of $48.20. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.94 and a current ratio of 1.25. The firm 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.

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

Vontier Announces Dividend

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

Vontier declared that its Board of Directors has authorized a share buyback program on Tuesday, May 19th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the company to purchase up to 25.4% of its shares through open market purchases. Shares repurchase programs are often a sign that the company’s board believes its shares are undervalued.

Vontier 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.