Thompson Siegel & Walmsley LLC raised its position in shares of Vontier Corporation (NYSE:VNT – Free Report) by 1.9% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 1,763,550 shares of the company’s stock after acquiring an additional 33,612 shares during the period. Vontier makes up 1.1% of Thompson Siegel & Walmsley LLC’s portfolio, making the stock its 21st biggest holding. Thompson Siegel & Walmsley LLC owned approximately 1.22% of Vontier worth $65,569,000 at the end of the most recent reporting period.
Several other hedge funds have also made changes to their positions in VNT. Corient Private Wealth LLC lifted its stake in shares of 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 buying an additional 2,450,723 shares during the period. Franklin Resources Inc. lifted its stake in shares of Vontier by 85.0% in the third quarter. Franklin Resources Inc. now owns 5,225,596 shares of the company’s stock valued at $219,318,000 after buying an additional 2,401,220 shares during the period. Victory Capital Management Inc. lifted its stake in shares of Vontier by 4,958.3% in the third 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 during the period. Norges Bank bought a new stake in shares of Vontier in the fourth quarter valued at about $68,526,000. Finally, Arrowstreet Capital Limited Partnership lifted its stake in shares of Vontier by 107.7% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,944,880 shares of the company’s stock valued at $81,627,000 after buying an additional 1,008,340 shares during the period. Institutional investors own 95.83% of the company’s stock.
Wall Street Analysts Forecast Growth
VNT has been the subject of several research reports. Citigroup reduced their target price on shares of Vontier from $50.00 to $44.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Weiss Ratings cut shares of Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 19th. Barclays cut their price target on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Robert W. Baird set a $37.00 price target on shares of Vontier in a research note on Friday, May 8th. Finally, Evercore set a $36.00 price target on shares of Vontier in a research note on Monday, May 11th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $42.38.
Vontier Price Performance
VNT opened at $28.40 on Monday. The company has a fifty day moving average price of $33.70 and a two-hundred day moving average price of $36.49. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.90 and a current ratio of 1.23. Vontier Corporation has a 52 week low of $27.25 and a 52 week high of $48.20. The firm has a market capitalization of $4.00 billion, a PE ratio of 10.04, a P/E/G ratio of 1.07 and a beta of 1.16.
Vontier (NYSE:VNT – Get Free Report) last released its earnings results 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 return on equity of 37.88% and a net margin of 13.37%.The business had revenue of $750.60 million for the quarter, compared to analyst estimates of $737.21 million. During the same period in the prior year, the firm posted $0.77 EPS. 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, analysts anticipate that Vontier Corporation will post 3.39 earnings per share for the current year.
Vontier declared that its Board of Directors has initiated a stock repurchase plan on Tuesday, May 19th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to buy up to 25.4% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s leadership believes its shares are undervalued.
Vontier Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be issued a $0.025 dividend. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $0.10 annualized dividend and a dividend yield of 0.4%. 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.
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