Magnetar Financial LLC acquired a new position in shares of Vontier Corporation (NYSE:VNT – Free Report) in the 3rd quarter, HoldingsChannel.com reports. The institutional investor acquired 39,695 shares of the company’s stock, valued at approximately $1,666,000.
A number of other hedge funds have also bought and sold shares of the company. Lazard Asset Management LLC boosted its position in Vontier by 7.7% during the second quarter. Lazard Asset Management LLC now owns 3,534 shares of the company’s stock valued at $129,000 after acquiring an additional 253 shares during the last quarter. Vanguard Personalized Indexing Management LLC grew its holdings in Vontier by 0.7% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 38,681 shares of the company’s stock worth $1,629,000 after acquiring an additional 268 shares during the period. Parkside Financial Bank & Trust raised its position in shares of Vontier by 39.0% in the 2nd quarter. Parkside Financial Bank & Trust now owns 973 shares of the company’s stock worth $36,000 after acquiring an additional 273 shares in the last quarter. Versant Capital Management Inc lifted its stake in shares of Vontier by 15.4% in the 3rd quarter. Versant Capital Management Inc now owns 2,235 shares of the company’s stock valued at $94,000 after purchasing an additional 299 shares during the period. Finally, Blue Trust Inc. lifted its stake in shares of Vontier by 5.8% in the 3rd quarter. Blue Trust Inc. now owns 5,702 shares of the company’s stock valued at $239,000 after purchasing an additional 315 shares during the period. Institutional investors own 95.83% of the company’s stock.
Analysts Set New Price Targets
Several equities research analysts recently commented on VNT shares. KeyCorp raised their target price on Vontier from $45.00 to $50.00 and gave the stock an “overweight” rating in a research note on Friday, February 13th. Weiss Ratings raised Vontier from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd. Barclays increased their price target on Vontier from $47.00 to $55.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Bank of America reiterated an “underperform” rating and issued a $40.00 price objective (down from $50.00) on shares of Vontier in a research note on Friday, November 14th. Finally, Wall Street Zen upgraded shares of Vontier from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Seven analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Vontier has an average rating of “Moderate Buy” and an average price target of $47.63.
Vontier Stock Down 4.1%
VNT stock opened at $36.21 on Friday. The stock’s 50 day simple moving average is $39.27 and its 200 day simple moving average is $39.45. The company has a market cap of $5.13 billion, a P/E ratio of 13.12, a price-to-earnings-growth ratio of 1.45 and a beta of 1.27. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.90 and a current ratio of 1.16. Vontier Corporation has a fifty-two week low of $27.22 and a fifty-two week high of $48.20.
Vontier (NYSE:VNT – Get Free Report) last announced its quarterly earnings data on Thursday, February 12th. The company reported $0.86 EPS for the quarter, beating analysts’ consensus estimates of $0.85 by $0.01. The firm had revenue of $808.50 million during the quarter, compared to analysts’ expectations of $765.12 million. Vontier had a return on equity of 39.25% and a net margin of 13.20%.The company’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter last year, the firm posted $0.80 earnings per share. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q1 2026 guidance at 0.780-0.810 EPS. On average, research analysts expect that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.
Vontier Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Thursday, March 5th. Vontier’s payout ratio is 3.62%.
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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