Shares of Vontier Corporation (NYSE:VNT – Get Free Report) have been assigned an average recommendation of “Moderate Buy” from the ten analysts that are presently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month target price among analysts that have updated their coverage on the stock in the last year is $41.8889.
Several analysts have weighed in on VNT shares. Robert W. Baird set a $37.00 price target on Vontier in a report on Friday, May 8th. Barclays cut their price objective on Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Argus cut shares of Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Weiss Ratings downgraded shares of Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 19th. Finally, KeyCorp dropped their target price on shares of Vontier from $40.00 to $35.00 and set an “overweight” rating for the company in a research report on Monday, July 13th.
Check Out Our Latest Research Report on Vontier
Vontier Trading Up 0.9%
Vontier (NYSE:VNT – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.02). The business had revenue of $750.60 million during the quarter, compared to analysts’ expectations of $737.21 million. Vontier had a return on equity of 37.88% and a net margin of 13.37%.During the same quarter last year, the business posted $0.77 EPS. The company’s quarterly 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. Equities research analysts forecast that Vontier will post 3.39 earnings per share for the current fiscal year.
Vontier announced that its board has authorized a stock buyback plan on Tuesday, May 19th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to buy up to 25.4% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its stock is undervalued.
Vontier Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th were given a dividend of $0.025 per share. The ex-dividend date was Thursday, June 4th. This represents a $0.10 annualized dividend and a dividend yield of 0.3%. Vontier’s dividend payout ratio (DPR) is 3.53%.
Institutional Inflows and Outflows
Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Allworth Financial LP raised its position in Vontier by 212.9% during the third quarter. Allworth Financial LP now owns 948 shares of the company’s stock valued at $40,000 after purchasing an additional 645 shares in the last quarter. Employees Retirement System of Texas purchased a new position in shares of Vontier in the 3rd quarter worth about $58,000. Scarborough Advisors LLC purchased a new position in shares of Vontier in the 1st quarter worth about $57,000. Clearstead Advisors LLC increased its position in shares of Vontier by 82.8% during the 4th quarter. Clearstead Advisors LLC now owns 1,665 shares of the company’s stock valued at $62,000 after purchasing an additional 754 shares during the last quarter. Finally, Quarry LP increased its position in shares of Vontier by 5,897.1% during the 3rd quarter. Quarry LP now owns 2,099 shares of the company’s stock valued at $88,000 after purchasing an additional 2,064 shares during the last quarter. 95.83% of the stock is currently owned by hedge funds and other 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.
Featured Stories
- Five stocks we like better than Vontier
- Popular’s Earnings Beat Shows Why This Bank Stock Keeps Climbing
- ABB’s Rotork Deal Could Put These Flow Control Stocks Back in Focus
- GE HealthCare Stock Climbs on Vital Diagnostics Demand
- Lost in Space: Why Aerospace Valuations Are Plummeting Right Now
Receive News & Ratings for Vontier Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vontier and related companies with MarketBeat.com's FREE daily email newsletter.
