Vontier (NYSE:VNT – Get Free Report) had its target price decreased by investment analysts at Citigroup from $50.00 to $44.00 in a research report issued on Friday,Benzinga reports. The firm presently has a “buy” rating on the stock. Citigroup’s price target would indicate a potential upside of 46.03% from the stock’s previous close.
Other equities analysts have also recently issued reports about the stock. Weiss Ratings cut shares of Vontier from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. KeyCorp dropped their price objective on shares of Vontier from $50.00 to $40.00 and set an “overweight” rating for the company in a research note on Friday. Wall Street Zen raised shares of Vontier from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. Barclays dropped their price objective on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday. Finally, Robert W. Baird set a $37.00 price objective on shares of Vontier in a research note on Friday. Six 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 stock. According to data from MarketBeat.com, Vontier currently has an average rating of “Moderate Buy” and a consensus target price of $43.75.
Check Out Our Latest Analysis on VNT
Vontier Price Performance
Vontier (NYSE:VNT – Get Free Report) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.80 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.02). Vontier had a return on equity of 39.25% and a net margin of 13.20%.The business had revenue of $750.60 million during the quarter, compared to analysts’ expectations of $737.21 million. During the same period in the previous year, the business earned $0.77 earnings per share. The business’s quarterly revenue was up 1.3% on a year-over-year basis. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q2 2026 guidance at 0.780-0.810 EPS. As a group, sell-side analysts anticipate that Vontier will post 3.41 earnings per share for the current fiscal year.
Hedge Funds Weigh In On Vontier
A number of large investors have recently made changes to their positions in VNT. Royal Bank of Canada boosted its stake in shares of Vontier by 2.9% during the 1st quarter. Royal Bank of Canada now owns 47,039 shares of the company’s stock worth $1,545,000 after purchasing an additional 1,304 shares during the period. Goldman Sachs Group Inc. boosted its stake in shares of Vontier by 42.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 386,140 shares of the company’s stock worth $12,685,000 after purchasing an additional 115,740 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its stake in shares of Vontier by 11.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 583,565 shares of the company’s stock worth $19,170,000 after purchasing an additional 62,040 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vontier by 19.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,486 shares of the company’s stock worth $129,000 after purchasing an additional 568 shares during the period. Finally, Quantbot Technologies LP purchased a new position in shares of Vontier during the 2nd quarter worth about $188,000. 95.83% of the stock is owned by hedge funds and other institutional investors.
Key Stories Impacting Vontier
Here are the key news stories impacting Vontier this week:
- Positive Sentiment: Vontier’s DRB unit was selected by Super Star Car Wash for a 118-site software transformation, highlighting continued demand for its automotive service technology and potentially supporting future revenue growth. Vontier’s DRB Selected by Super Star Car Wash for 118-Site Software Transformation
- Positive Sentiment: Despite the quarter’s earnings miss, Vontier beat sales expectations, reporting $750.6 million in revenue versus estimates of $737.2 million, and reaffirmed full-year guidance, which may help reassure investors about underlying demand. Vontier earnings report
- Neutral Sentiment: Barclays and KeyCorp both cut their price targets on VNT but kept “overweight” ratings, indicating analysts still see upside even after lowering near-term expectations. Barclays and KeyCorp price target updates
- Negative Sentiment: Vontier’s Q1 EPS of $0.80 missed the $0.82 consensus, and management guided Q2 revenue and EPS below Wall Street expectations, a key reason the stock is trading lower today. Vontier earnings miss and guidance
- Negative Sentiment: Vontier also announced it will sell a majority of Teletrac Navman for $220 million, a strategic portfolio move that may signal a shift away from slower-growth assets, but can create uncertainty in the near term. Vontier announces agreement to sell Teletrac Navman
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.
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