Renaissance Technologies LLC Trims Position in Vontier Corporation $VNT

Renaissance Technologies LLC trimmed its position in shares of Vontier Corporation (NYSE:VNT) by 51.5% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 135,529 shares of the company’s stock after selling 144,200 shares during the period. Renaissance Technologies LLC owned 0.10% of Vontier worth $4,807,000 at the end of the most recent reporting period.

A number of other large investors also recently modified their holdings of VNT. Franklin Resources Inc. increased its stake in Vontier by 11.1% in the 4th quarter. Franklin Resources Inc. now owns 5,803,510 shares of the company’s stock worth $215,774,000 after buying an additional 577,914 shares in the last quarter. Corient Private Wealth LLC lifted its position 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 acquiring an additional 2,450,723 shares in the last quarter. Boston Partners bought a new position in shares of Vontier in the fourth quarter worth about $132,438,000. River Road Asset Management LLC boosted its stake in shares of Vontier by 6.7% in the fourth quarter. River Road Asset Management LLC now owns 3,298,671 shares of the company’s stock worth $122,645,000 after acquiring an additional 206,157 shares during the period. Finally, Dimensional Fund Advisors LP grew its position in shares of Vontier by 6.8% during the fourth quarter. Dimensional Fund Advisors LP now owns 3,184,318 shares of the company’s stock worth $118,403,000 after purchasing an additional 201,548 shares in the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts recently issued reports on the company. Argus downgraded Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Barclays dropped their price target on Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Wolfe Research reiterated an “outperform” rating and set a $43.00 price objective on shares of Vontier in a research report on Thursday, July 9th. Evercore set a $36.00 target price on shares of Vontier in a report on Monday, May 11th. 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. Five investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $40.00.

Vontier Stock Up 5.0%

Shares of VNT opened at $35.31 on Friday. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.23 and a quick ratio of 0.90. The stock has a market capitalization of $4.97 billion, a price-to-earnings ratio of 12.48, a price-to-earnings-growth ratio of 1.27 and a beta of 1.15. Vontier Corporation has a 1 year low of $27.25 and a 1 year high of $48.20. The business’s 50 day simple moving average is $29.97 and its 200-day simple moving average is $34.09.

Vontier (NYSE:VNT) last announced its quarterly earnings results on Thursday, August 6th. The company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.09. The company had revenue of $756.70 million for the quarter, compared to analysts’ expectations of $747.12 million. Vontier had a net margin of 13.37% and a return on equity of 37.88%. Vontier’s quarterly revenue was down 2.2% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.79 earnings per share. Vontier has set its FY 2026 guidance at 3.450-3.550 EPS and its Q3 2026 guidance at 0.820-0.860 EPS. As a group, equities analysts expect that Vontier Corporation will post 3.39 earnings per share for the current fiscal year.

Vontier Announces Dividend

The firm also recently announced 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. This represents a $0.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Thursday, June 4th. Vontier’s dividend payout ratio is currently 3.53%.

Vontier declared that its Board of Directors has approved a share buyback program on Tuesday, May 19th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the company to reacquire up to 25.4% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s board believes its shares are undervalued.

Key Vontier News

Here are the key news stories impacting Vontier this week:

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. Vontier reported adjusted EPS of $0.89, above the $0.80-$0.82 analyst consensus and up from $0.79 a year earlier. Revenue reached $756.7 million, topping estimates of approximately $747.1 million. Vontier Corporation Tops Q2 Earnings Estimates
• Positive Sentiment: Full-year EPS outlook was raised. Vontier now expects 2026 adjusted EPS of $3.45-$3.55, above the prior outlook and ahead of the roughly $3.40 consensus. Full-year revenue guidance of $3.0-$3.1 billion is broadly in line with expectations. Why Did Vontier Raise Full-Year EPS Outlook?
• Positive Sentiment: Shareholder returns received a boost. The company expanded its stock-buyback authorization to $1 billion, potentially supporting EPS and signaling management’s confidence in cash generation and valuation. Vontier Forecasts 2026 EPS and Expands Buyback
• Positive Sentiment: EKOS acquisition expands fleet software capabilities. Acquiring EKOS adds cloud-connected fleet, fuel and EV-management software, strengthening Vontier’s end-to-end fleet connectivity platform and exposure to recurring technology revenue. Vontier Strengthens Fleet Connectivity Solutions With EKOS Acquisition
• Neutral Sentiment: Profitability improved despite softer sales. Quarterly revenue declined 2.2% year over year, but net margin was 13.37% and return on equity was 37.88%, highlighting continued operating efficiency.
• Negative Sentiment: Third-quarter revenue guidance disappointed. Vontier forecast Q3 revenue of $720 million-$735 million, below the approximately $745.8 million consensus. Q3 EPS guidance of $0.82-$0.86 brackets the $0.85 estimate, suggesting earnings strength may not be accompanied by near-term sales growth.

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.