Epoch Investment Partners Inc. lowered its stake in Vontier Corporation (NYSE:VNT – Free Report) by 55.3% during the first quarter, according to its most recent Form 13F filing with the SEC. The firm owned 25,694 shares of the company’s stock after selling 31,791 shares during the period. Epoch Investment Partners Inc.’s holdings in Vontier were worth $911,000 as of its most recent filing with the SEC.
Other hedge funds and other institutional investors have also bought and sold shares of the company. Boston Partners acquired a new stake in Vontier during the fourth quarter worth about $132,438,000. Corient Private Wealth LLC increased its stake 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 acquiring an additional 2,450,723 shares during the last quarter. Norges Bank acquired a new position in Vontier during the fourth quarter valued at approximately $68,526,000. Arrowstreet Capital Limited Partnership lifted its stake in Vontier by 107.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,944,880 shares of the company’s stock worth $81,627,000 after purchasing an additional 1,008,340 shares during the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of Vontier by 11.1% in the 4th quarter. Franklin Resources Inc. now owns 5,803,510 shares of the company’s stock valued at $215,774,000 after purchasing an additional 577,914 shares in the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.
Wall Street Analyst Weigh In
VNT has been the subject of a number of research analyst reports. Evercore set a $36.00 price target on Vontier in a report on Monday, May 11th. KeyCorp lowered their target price on Vontier from $40.00 to $35.00 and set an “overweight” rating for the company in a research note on Monday, July 13th. Argus downgraded shares of Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Robert W. Baird set a $37.00 price objective on shares of Vontier in a research report on Friday, May 8th. Finally, Weiss Ratings downgraded shares of Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 19th. Six research 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, the company has an average rating of “Hold” and an average target price of $41.89.
Vontier Stock Down 0.0%
Shares of NYSE VNT opened at $30.78 on Monday. The company has a 50 day simple moving average of $29.23 and a 200 day simple moving average of $34.44. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.23 and a quick ratio of 0.90. Vontier Corporation has a 1 year low of $27.25 and a 1 year high of $48.20. The firm has a market cap of $4.33 billion, a PE ratio of 10.87, a price-to-earnings-growth ratio of 1.16 and a beta of 1.16.
Vontier (NYSE:VNT – Get Free Report) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.02). The business had revenue of $750.60 million during the quarter, compared to analyst estimates of $737.21 million. Vontier had a net margin of 13.37% and a return on equity of 37.88%. The company’s revenue was up 1.3% compared to the same quarter last year. During the same quarter last year, the company posted $0.77 earnings per share. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q2 2026 guidance at 0.780-0.810 EPS. On average, research analysts forecast that Vontier Corporation will post 3.39 EPS for the current year.
Vontier declared that its board has approved 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 typically an indication that the company’s board of directors believes its shares are undervalued.
Vontier Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th were issued a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $0.10 annualized dividend and a yield of 0.3%. Vontier’s payout ratio is presently 3.53%.
About Vontier
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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