Evolve Private Wealth LLC Acquires New Shares in Vontier Corporation $VNT

Evolve Private Wealth LLC bought a new position in Vontier Corporation (NYSE:VNT) during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 17,069 shares of the company’s stock, valued at approximately $495,000.

Other hedge funds also recently added to or reduced their stakes in the company. Scarborough Advisors LLC bought a new position in shares of Vontier during the first quarter worth about $57,000. Employees Retirement System of Texas bought a new stake in Vontier in the 3rd quarter valued at about $58,000. Clearstead Advisors LLC lifted its position in Vontier by 82.8% in 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. Quarry LP boosted its stake in 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 period. Finally, Parkside Financial Bank & Trust boosted its stake in Vontier by 152.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,634 shares of the company’s stock valued at $98,000 after purchasing an additional 1,591 shares during the period. 95.83% of the stock is currently owned by institutional investors.

Vontier Stock Performance

Shares of NYSE VNT opened at $33.38 on Wednesday. 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 $4.51 billion, a P/E ratio of 13.85, a PEG ratio of 1.14 and a beta of 1.15. The stock has a fifty day moving average price of $31.16 and a two-hundred day moving average price of $33.69. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.94 and a current ratio of 1.25.

Vontier (NYSE:VNT) last posted its quarterly earnings data on Thursday, August 6th. The company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. Vontier had a return on equity of 38.57% and a net margin of 11.34%.The company had revenue of $756.70 million for the quarter, compared to the consensus estimate of $747.12 million. During the same quarter in the previous year, the business earned $0.79 EPS. The company’s quarterly revenue was down 2.2% compared to the same quarter last year. Vontier has set its FY 2026 guidance at 3.450-3.550 EPS and its Q3 2026 guidance at 0.820-0.860 EPS. Research analysts forecast that Vontier Corporation will post 3.49 EPS for the current fiscal year.

Vontier announced that its board has approved a share repurchase program on Tuesday, May 19th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to purchase up to 25.4% of its stock through open market purchases. Stock repurchase programs are often a sign that the company’s board of directors believes its shares are undervalued.

Vontier Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be given a dividend of $0.025 per share. The ex-dividend date is Thursday, September 3rd. This represents a $0.10 annualized dividend and a dividend yield of 0.3%. Vontier’s dividend payout ratio (DPR) is 4.15%.

Wall Street Analyst Weigh In

VNT has been the topic of several analyst reports. Robert W. Baird set a $39.00 price target on shares of Vontier in a research note on Friday, August 7th. Argus downgraded Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Weiss Ratings cut Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Citigroup cut their target price on Vontier from $50.00 to $44.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Finally, KeyCorp boosted their price target on Vontier from $35.00 to $40.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Vontier currently has a consensus rating of “Hold” and an average price target of $41.00.

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.