Vontier Corporation (NYSE:VNT) Receives Average Rating of “Hold” from Analysts

Vontier Corporation (NYSE:VNT) has received an average rating of “Hold” from the ten research firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a sell rating, four have given a hold rating and five have given a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $42.3750.

Several equities research analysts recently issued reports on the stock. Evercore set a $36.00 target price on shares of Vontier in a research note on Monday, May 11th. Argus downgraded Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Wall Street Zen lowered Vontier from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Barclays dropped their price objective on Vontier from $50.00 to $45.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Finally, KeyCorp cut their price objective on Vontier from $50.00 to $40.00 and set an “overweight” rating for the company in a research report on Friday, May 8th.

Vontier Stock Performance

NYSE VNT opened at $28.60 on Friday. 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 $30.30 and its two-hundred day moving average price is $35.36. Vontier has a 1 year low of $27.25 and a 1 year high of $48.20. The firm has a market capitalization of $4.03 billion, a P/E ratio of 10.11, a price-to-earnings-growth ratio of 1.08 and a beta of 1.16.

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). Vontier had a net margin of 13.37% and a return on equity of 37.88%. The firm had revenue of $750.60 million during the quarter, compared to the consensus estimate of $737.21 million. During the same period last year, the business earned $0.77 EPS. The business’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 anticipate that Vontier will post 3.39 EPS for the current year.

Vontier announced that its board has authorized a share repurchase plan on Tuesday, May 19th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to buy up to 25.4% of its stock through open market purchases. Stock repurchase plans are often an indication that the company’s management believes its shares are undervalued.

Vontier Announces Dividend

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

Hedge Funds Weigh In On Vontier

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VNT. Boston Partners bought a new position in shares of Vontier during the fourth quarter worth approximately $132,438,000. Corient Private Wealth LLC boosted its stake in Vontier by 104.6% in the 2nd 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 during the period. Franklin Resources Inc. boosted its stake in Vontier by 85.0% in the 3rd quarter. Franklin Resources Inc. now owns 5,225,596 shares of the company’s stock valued at $219,318,000 after purchasing an additional 2,401,220 shares during the period. Victory Capital Management Inc. grew its holdings in Vontier by 4,958.3% in the 3rd quarter. Victory Capital Management Inc. now owns 2,151,517 shares of the company’s stock valued at $90,299,000 after buying an additional 2,108,983 shares in the last quarter. Finally, Norges Bank acquired a new position in Vontier in the 4th quarter valued at $68,526,000. 95.83% of the stock is owned by institutional investors.

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.