California Public Employees Retirement System Has $10.13 Million Stock Position in Vontier Corporation $VNT

California Public Employees Retirement System lowered its position in shares of Vontier Corporation (NYSE:VNT) by 6.9% in the first quarter, HoldingsChannel reports. The fund owned 285,600 shares of the company’s stock after selling 21,014 shares during the period. California Public Employees Retirement System’s holdings in Vontier were worth $10,130,000 as of its most recent SEC filing.

Several other hedge funds also recently made changes to their positions in the business. Franklin Resources Inc. lifted its position in shares of Vontier by 11.1% in the fourth quarter. Franklin Resources Inc. now owns 5,803,510 shares of the company’s stock worth $215,774,000 after purchasing an additional 577,914 shares in the last quarter. Corient Private Wealth LLC grew its position in Vontier by 104.6% in the second quarter. Corient Private Wealth LLC now owns 4,793,944 shares of the company’s stock valued at $176,897,000 after purchasing an additional 2,450,723 shares in the last quarter. Boston Partners bought a new position in Vontier in the fourth quarter valued at $132,438,000. River Road Asset Management LLC increased its stake in Vontier by 6.7% in the 4th quarter. River Road Asset Management LLC now owns 3,298,671 shares of the company’s stock valued at $122,645,000 after buying an additional 206,157 shares during the last quarter. Finally, Dimensional Fund Advisors LP increased its stake in Vontier by 6.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,184,318 shares of the company’s stock valued at $118,403,000 after buying an additional 201,548 shares during the last quarter. 95.83% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Wolfe Research restated an “outperform” rating and set a $43.00 price objective on shares of Vontier in a research note on Thursday, July 9th. Evercore set a $36.00 target price on Vontier in a research report on Monday, May 11th. Barclays dropped their target price on Vontier from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Weiss Ratings cut Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Finally, KeyCorp decreased their price target on Vontier from $40.00 to $35.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. Six analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Vontier currently has an average rating of “Hold” and an average price target of $41.89.

Vontier Stock Performance

NYSE VNT opened at $30.78 on Friday. The firm has a market capitalization of $4.33 billion, a P/E ratio of 10.87, a price-to-earnings-growth ratio of 1.16 and a beta of 1.16. The company has a current ratio of 1.23, a quick ratio of 0.90 and a debt-to-equity ratio of 1.26. The firm’s fifty day moving average price is $29.23 and its two-hundred day moving average price is $34.46. Vontier Corporation has a 1 year low of $27.25 and a 1 year high of $48.20.

Vontier (NYSE:VNT) 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 net margin of 13.37% and a return on equity of 37.88%. The business’s revenue was up 1.3% on a year-over-year basis. During the same period last year, the business earned $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. As a group, research analysts anticipate that Vontier Corporation will post 3.39 EPS for the current year.

Vontier announced that its board has initiated a share buyback plan on Tuesday, May 19th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to repurchase up to 25.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its stock is undervalued.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th were given a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Thursday, June 4th. Vontier’s payout ratio is 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.