First Trust Advisors LP Boosts Position in Vontier Corporation $VNT

First Trust Advisors LP raised its position in Vontier Corporation (NYSE:VNT) by 14.2% during the 1st quarter, Holdings Channel reports. The firm owned 307,265 shares of the company’s stock after acquiring an additional 38,152 shares during the quarter. First Trust Advisors LP’s holdings in Vontier were worth $10,899,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in VNT. Boston Partners purchased a new stake in shares of Vontier in the 4th quarter worth about $132,438,000. Corient Private Wealth LLC increased its holdings in Vontier by 104.6% during the 2nd 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. Norges Bank acquired a new position in Vontier during the fourth quarter worth about $68,526,000. Arrowstreet Capital Limited Partnership raised its position in Vontier by 107.7% during the third quarter. Arrowstreet Capital Limited Partnership now owns 1,944,880 shares of the company’s stock worth $81,627,000 after acquiring an additional 1,008,340 shares during the last quarter. Finally, Franklin Resources Inc. raised its position in Vontier by 11.1% during the fourth quarter. Franklin Resources Inc. now owns 5,803,510 shares of the company’s stock worth $215,774,000 after acquiring an additional 577,914 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have recently commented on VNT shares. Wolfe Research reiterated an “outperform” rating and issued a $43.00 price target on shares of Vontier in a research report on Thursday, July 9th. Citigroup cut their price objective on Vontier from $50.00 to $44.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Argus lowered Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Evercore set a $36.00 target price on Vontier in a report on Monday, May 11th. Finally, Weiss Ratings cut Vontier from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 19th. Six research 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’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $41.89.

Vontier Price Performance

Vontier stock opened at $32.18 on Friday. The stock has a market capitalization of $4.53 billion, a P/E ratio of 11.37, a P/E/G ratio of 1.20 and a beta of 1.16. Vontier Corporation has a 12-month low of $27.25 and a 12-month high of $48.20. 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 firm’s 50-day moving average is $29.60 and its two-hundred day moving average is $34.25.

Vontier (NYSE:VNT) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.80 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.02). The firm had revenue of $750.60 million during the quarter, compared to analyst estimates of $737.21 million. Vontier had a net margin of 13.37% and a return on equity of 37.88%. The business’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the firm earned $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. Equities analysts predict that Vontier Corporation will post 3.39 earnings per share for the current year.

Vontier Announces Dividend

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

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

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.