Bank of New York Mellon Corp Cuts Position in Visteon Corporation $VC

Bank of New York Mellon Corp decreased its stake in Visteon Corporation (NASDAQ:VC) by 36.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 330,159 shares of the company’s stock after selling 185,667 shares during the period. Bank of New York Mellon Corp’s holdings in Visteon were worth $30,081,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in the stock. Farther Finance Advisors LLC grew its position in Visteon by 144.1% during the fourth quarter. Farther Finance Advisors LLC now owns 288 shares of the company’s stock worth $27,000 after buying an additional 170 shares during the period. UMB Bank n.a. lifted its position in shares of Visteon by 32.1% during the 4th quarter. UMB Bank n.a. now owns 506 shares of the company’s stock valued at $48,000 after acquiring an additional 123 shares during the period. Clearstead Advisors LLC lifted its position in shares of Visteon by 183.7% during the 4th quarter. Clearstead Advisors LLC now owns 576 shares of the company’s stock valued at $55,000 after acquiring an additional 373 shares during the period. Parkside Financial Bank & Trust boosted its position in Visteon by 1,195.7% during the fourth quarter. Parkside Financial Bank & Trust now owns 596 shares of the company’s stock worth $57,000 after purchasing an additional 550 shares in the last quarter. Finally, Hantz Financial Services Inc. raised its stake in shares of Visteon by 54.8% during the 4th quarter. Hantz Financial Services Inc. now owns 655 shares of the company’s stock worth $62,000 after buying an additional 232 shares during the last quarter. Hedge funds and other institutional investors own 99.71% of the company’s stock.

Key Stories Impacting Visteon

Here are the key news stories impacting Visteon this week:

• Positive Sentiment: Visteon announced a $200 million accelerated share repurchase as part of its broader $800 million buyback authorization, which can support the stock by reducing share count and signaling management confidence. Article Title
• Positive Sentiment: Royal Bank of Canada kept an outperform rating on Visteon and only slightly lowered its price target to $129, still implying meaningful upside from current levels. Article Title
• Positive Sentiment: Wells Fargo also maintained an overweight rating and lowered its target to $134, reinforcing a constructive long-term view despite recent volatility. Article Title
• Neutral Sentiment: Visteon’s Q2 revenue came in roughly in line with expectations at $960 million, showing stable sales even as the auto industry remains challenging. Article Title
• Negative Sentiment: The company missed Q2 EPS estimates, reporting $1.91 per share versus the $2.21 consensus, and earnings fell from $2.39 a year ago, which may pressure sentiment. Article Title
• Negative Sentiment: Visteon also issued FY2026 revenue guidance of $3.6 billion to $3.8 billion, which appears near or slightly below the market’s expectations and suggests limited near-term upside. Article Title

Analyst Ratings Changes

A number of brokerages have commented on VC. Royal Bank Of Canada lowered their target price on Visteon from $130.00 to $129.00 and set an “outperform” rating on the stock in a report on Friday. Wolfe Research upgraded shares of Visteon from a “peer perform” rating to an “outperform” rating and set a $135.00 price target for the company in a report on Monday, April 27th. Wells Fargo & Company cut their price objective on shares of Visteon from $137.00 to $134.00 and set an “overweight” rating for the company in a research report on Friday. Wall Street Zen downgraded shares of Visteon from a “buy” rating to a “hold” rating in a research note on Sunday, July 12th. Finally, JPMorgan Chase & Co. upgraded Visteon from a “neutral” rating to an “overweight” rating and raised their price objective for the stock from $108.00 to $165.00 in a report on Monday, June 22nd. Eleven analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $135.15.

Insider Buying and Selling at Visteon

In related news, SVP Brett D. Pynnonen sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, June 5th. The stock was sold at an average price of $120.00, for a total transaction of $600,000.00. Following the transaction, the senior vice president directly owned 8,503 shares of the company’s stock, valued at approximately $1,020,360. The trade was a 37.03% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Robert R. Vallance sold 1,000 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $119.40, for a total value of $119,400.00. Following the completion of the transaction, the senior vice president owned 17,469 shares of the company’s stock, valued at approximately $2,085,798.60. This represents a 5.41% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 9,075 shares of company stock valued at $1,076,463 in the last ninety days. Corporate insiders own 2.00% of the company’s stock.

Visteon Stock Performance

Shares of VC opened at $103.75 on Monday. Visteon Corporation has a twelve month low of $83.49 and a twelve month high of $129.10. The firm has a market capitalization of $2.77 billion, a P/E ratio of 13.56, a price-to-earnings-growth ratio of 0.78 and a beta of 1.29. The company has a current ratio of 1.78, a quick ratio of 1.45 and a debt-to-equity ratio of 0.17. The stock’s fifty day simple moving average is $110.69 and its 200 day simple moving average is $102.24.

Visteon (NASDAQ:VC) last posted its quarterly earnings results on Thursday, July 23rd. The company reported $1.91 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $2.21 by ($0.30). The firm had revenue of $960.00 million for the quarter, compared to analysts’ expectations of $955.78 million. Visteon had a net margin of 5.58% and a return on equity of 14.61%. Visteon’s revenue was down .9% on a year-over-year basis. During the same period last year, the firm posted $2.39 EPS. On average, equities research analysts forecast that Visteon Corporation will post 8.67 earnings per share for the current year.

Visteon Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a dividend of $0.375 per share. This represents a $1.50 annualized dividend and a yield of 1.4%. The ex-dividend date was Monday, June 1st. Visteon’s payout ratio is currently 19.61%.

About Visteon

Visteon Corporation is a global automotive electronics supplier that specializes in designing, engineering and manufacturing cockpit electronics and connected vehicle solutions. The company’s product portfolio spans digital instrument clusters, infotainment systems, domain controllers and advanced driver interaction technologies. By integrating hardware, software and services, Visteon aims to deliver complete cockpit electronics platforms that enhance driver experience, safety and connectivity.

Founded in 2000 as a spin-off from Ford Motor Company, Visteon has evolved its focus toward next-generation electronics and software-driven vehicle architectures.