Arrowstreet Capital Limited Partnership Purchases 671,738 Shares of Vontier Corporation $VNT

Arrowstreet Capital Limited Partnership raised its position in shares of Vontier Corporation (NYSE:VNT) by 34.5% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 2,616,618 shares of the company’s stock after acquiring an additional 671,738 shares during the quarter. Arrowstreet Capital Limited Partnership’s holdings in Vontier were worth $97,286,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of VNT. Allworth Financial LP boosted its position in Vontier by 212.9% during the 3rd quarter. Allworth Financial LP now owns 948 shares of the company’s stock valued at $40,000 after acquiring an additional 645 shares in the last quarter. Employees Retirement System of Texas bought a new stake in shares of Vontier in the 3rd quarter worth approximately $58,000. Clearstead Advisors LLC boosted its position in shares of Vontier by 82.8% in the 4th quarter. Clearstead Advisors LLC now owns 1,665 shares of the company’s stock worth $62,000 after purchasing an additional 754 shares in the last quarter. Quarry LP boosted its position in shares of Vontier by 5,897.1% in the 3rd quarter. Quarry LP now owns 2,099 shares of the company’s stock worth $88,000 after purchasing an additional 2,064 shares in the last quarter. Finally, Parkside Financial Bank & Trust boosted its position in shares of Vontier by 152.5% in 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 owned by institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on VNT shares. KeyCorp dropped their price target on Vontier from $50.00 to $40.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Argus cut Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Barclays dropped their price target on 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 $37.00 price target on Vontier in a research report on Friday, May 8th. Finally, Citigroup dropped their price target on Vontier from $50.00 to $44.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $42.38.

Vontier Price Performance

Shares of NYSE VNT opened at $29.48 on Tuesday. Vontier Corporation has a twelve month low of $27.25 and a twelve month high of $48.20. The firm has a market cap of $4.15 billion, a P/E ratio of 10.42, a PEG ratio of 1.10 and a beta of 1.16. The company has a 50 day moving average of $32.14 and a 200 day moving average of $35.95. The company has a quick ratio of 0.90, a current ratio of 1.23 and a debt-to-equity ratio of 1.26.

Vontier (NYSE:VNT) last announced its quarterly earnings data 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 return on equity of 37.88% and a net margin of 13.37%.The firm had revenue of $750.60 million during the quarter, compared to analysts’ expectations of $737.21 million. During the same quarter in the previous year, the firm earned $0.77 earnings per share. Vontier’s revenue 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. As a group, research analysts expect that Vontier Corporation will post 3.39 EPS for the current fiscal year.

Vontier declared that its Board of Directors has authorized 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 repurchase up to 25.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s leadership believes its shares are undervalued.

Vontier Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Thursday, June 4th. Vontier’s payout ratio is presently 3.53%.

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.