Susquehanna International Group LLP Makes New Investment in Vontier Corporation $VNT

Susquehanna International Group LLP bought a new stake in Vontier Corporation (NYSE:VNTFree Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm bought 15,852 shares of the company’s stock, valued at approximately $460,000.

A number of other institutional investors have also made changes to their positions in VNT. Bessemer Group Inc. grew its holdings in Vontier by 21.6% during the 1st quarter. Bessemer Group Inc. now owns 776,603 shares of the company’s stock valued at $27,546,000 after purchasing an additional 137,750 shares in the last quarter. Northwestern Mutual Wealth Management Co. boosted its position in Vontier by 1,950.0% in the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 73,758 shares of the company’s stock valued at $2,742,000 after buying an additional 70,160 shares during the last quarter. ASO GROUP Ltd acquired a new stake in shares of Vontier during the fourth quarter valued at about $4,390,000. First Trust Advisors LP increased its position in shares of Vontier by 14.2% during the first quarter. First Trust Advisors LP now owns 307,265 shares of the company’s stock worth $10,899,000 after acquiring an additional 38,152 shares during the last quarter. Finally, Franklin Resources Inc. increased its position in shares of Vontier by 11.1% during the fourth quarter. Franklin Resources Inc. now owns 5,803,510 shares of the company’s stock worth $215,774,000 after acquiring an additional 577,914 shares during the last quarter. 95.83% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of research analysts recently commented on the company. KeyCorp increased their price target on Vontier from $35.00 to $40.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Wolfe Research restated an “outperform” rating and set a $43.00 price objective on shares of Vontier in a report on Thursday, July 9th. Wall Street Zen lowered Vontier from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Robert W. Baird set a $39.00 target price on Vontier in a research note on Friday, August 7th. Finally, Barclays decreased their price target on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Vontier has a consensus rating of “Hold” and a consensus target price of $41.00.

Check Out Our Latest Stock Analysis on Vontier

Vontier Stock Down 1.5%

NYSE:VNT opened at $32.27 on Tuesday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.94 and a current ratio of 1.25. The company has a market capitalization of $4.36 billion, a price-to-earnings ratio of 13.39, a price-to-earnings-growth ratio of 1.12 and a beta of 1.15. Vontier Corporation has a one year low of $27.25 and a one year high of $48.20. The stock has a 50-day simple moving average of $31.41 and a 200 day simple moving average of $33.44.

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

Vontier Announces Dividend

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

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

About Vontier

(Free Report)

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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Institutional Ownership by Quarter for Vontier (NYSE:VNT)

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