Capital World Investors Acquires 106,559 Shares of Vontier Corporation $VNT

Capital World Investors raised its holdings in shares of Vontier Corporation (NYSE:VNT) by 8.1% in the 4th quarter, Holdings Channel.com reports. The fund owned 1,423,890 shares of the company’s stock after buying an additional 106,559 shares during the period. Capital World Investors’ holdings in Vontier were worth $52,940,000 as of its most recent SEC filing.

Other hedge funds also recently made changes to their positions in the company. Allworth Financial LP grew its stake in shares of Vontier by 212.9% during the 3rd quarter. Allworth Financial LP now owns 948 shares of the company’s stock worth $40,000 after acquiring an additional 645 shares in the last quarter. Employees Retirement System of Texas bought a new position in shares of Vontier during the 3rd quarter worth approximately $58,000. Clearstead Advisors LLC grew its stake in shares of Vontier by 82.8% during the 4th quarter. Clearstead Advisors LLC now owns 1,665 shares of the company’s stock worth $62,000 after acquiring an additional 754 shares in the last quarter. Quarry LP grew its stake in shares of Vontier by 5,897.1% during the 3rd quarter. Quarry LP now owns 2,099 shares of the company’s stock worth $88,000 after acquiring an additional 2,064 shares in the last quarter. Finally, GAMMA Investing LLC grew its stake in shares of Vontier by 12.7% during the 4th quarter. GAMMA Investing LLC now owns 2,702 shares of the company’s stock worth $100,000 after acquiring an additional 304 shares in the last quarter. 95.83% of the stock is owned by institutional investors.

Vontier Trading Up 1.6%

Shares of Vontier stock opened at $28.87 on Wednesday. The business has a fifty day simple moving average of $32.65 and a two-hundred day simple moving average of $36.12. Vontier Corporation has a 1 year low of $27.25 and a 1 year high of $48.20. The company has a market capitalization of $4.07 billion, a price-to-earnings ratio of 10.20, a P/E/G ratio of 1.07 and a beta of 1.16. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.23 and a quick ratio of 0.90.

Vontier (NYSE:VNT) last announced its quarterly earnings results on Thursday, May 7th. The company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.02). Vontier had a net margin of 13.37% and a return on equity of 37.88%. 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 business earned $0.77 EPS. The company’s revenue for the quarter was up 1.3% compared to the same quarter last year. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q2 2026 guidance at 0.780-0.810 EPS. Research analysts forecast that Vontier Corporation will post 3.39 EPS for the current year.

Vontier announced that its board has authorized a share buyback program on Tuesday, May 19th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the company to reacquire up to 25.4% of its shares through open market purchases. Shares buyback programs are typically a sign that the company’s board believes its shares are undervalued.

Vontier Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be issued a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. Vontier’s dividend payout ratio (DPR) is currently 3.53%.

Analyst Upgrades and Downgrades

VNT has been the subject of several research reports. Argus cut shares of Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, May 26th. 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 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. Wall Street Zen downgraded Vontier from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Evercore set a $36.00 price objective on Vontier in a report on Monday, May 11th. Five investment 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’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $42.38.

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.