SIR Capital Management L.P. Purchases Shares of 176,100 Vontier Corporation $VNT

SIR Capital Management L.P. purchased a new stake in Vontier Corporation (NYSE:VNT) in the fourth quarter, HoldingsChannel reports. The institutional investor purchased 176,100 shares of the company’s stock, valued at approximately $6,547,000.

Other large investors have also recently added to or reduced their stakes in the company. Allworth Financial LP lifted its stake in Vontier by 212.9% in the third quarter. Allworth Financial LP now owns 948 shares of the company’s stock valued at $40,000 after acquiring an additional 645 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in Vontier in the third quarter valued at $58,000. Clearstead Advisors LLC lifted its stake in Vontier by 82.8% in the fourth quarter. Clearstead Advisors LLC now owns 1,665 shares of the company’s stock valued at $62,000 after acquiring an additional 754 shares during the last quarter. Quarry LP lifted its stake in Vontier by 5,897.1% in the third quarter. Quarry LP now owns 2,099 shares of the company’s stock valued at $88,000 after acquiring an additional 2,064 shares during the last quarter. Finally, GAMMA Investing LLC lifted its stake in Vontier by 12.7% in the fourth quarter. GAMMA Investing LLC now owns 2,702 shares of the company’s stock valued at $100,000 after acquiring an additional 304 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Stock Performance

NYSE VNT opened at $29.21 on Friday. The firm has a 50-day moving average of $32.26 and a 200-day moving average of $35.99. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.90 and a current ratio of 1.23. The stock has a market cap of $4.11 billion, a PE ratio of 10.32, a P/E/G ratio of 1.08 and a beta of 1.16. Vontier Corporation has a 52-week low of $27.25 and a 52-week high of $48.20.

Vontier (NYSE:VNT) last posted its earnings results 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 company had revenue of $750.60 million for the quarter, compared to analyst estimates of $737.21 million. Vontier had a return on equity of 37.88% and a net margin of 13.37%.The business’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.77 EPS. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q2 2026 guidance at 0.780-0.810 EPS. On average, sell-side analysts anticipate that Vontier Corporation will post 3.39 EPS for the current year.

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

Vontier Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be paid a $0.025 dividend. The ex-dividend date is Thursday, June 4th. This represents a $0.10 annualized dividend and a yield of 0.3%. Vontier’s payout ratio is 3.53%.

Analyst Ratings Changes

A number of analysts have commented on the stock. Robert W. Baird set a $37.00 price target on shares of Vontier in a research note on Friday, May 8th. Argus cut shares of Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Barclays cut their target price 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. Evercore set a $36.00 target price on shares of Vontier in a research note on Monday, May 11th. Finally, Wall Street Zen cut shares of Vontier from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $42.38.

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.