Hsbc Holdings PLC Trims Position in Vontier Corporation $VNT

Hsbc Holdings PLC cut its stake in shares of Vontier Corporation (NYSE:VNT) by 61.8% during the 1st quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 10,343 shares of the company’s stock after selling 16,720 shares during the period. Hsbc Holdings PLC’s holdings in Vontier were worth $365,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Employees Retirement System of Texas bought a new position in shares of Vontier in the third quarter valued at approximately $58,000. Clearstead Advisors LLC increased its holdings in Vontier by 82.8% during the 4th quarter. Clearstead Advisors LLC now owns 1,665 shares of the company’s stock worth $62,000 after acquiring an additional 754 shares during the period. Quarry LP increased its holdings in Vontier by 5,897.1% during the 3rd quarter. Quarry LP now owns 2,099 shares of the company’s stock worth $88,000 after acquiring an additional 2,064 shares during the period. Parkside Financial Bank & Trust increased its holdings in Vontier by 152.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,634 shares of the company’s stock worth $98,000 after acquiring an additional 1,591 shares during the period. Finally, Global Retirement Partners LLC lifted its stake in Vontier by 3,928.6% in the 4th quarter. Global Retirement Partners LLC now owns 3,384 shares of the company’s stock worth $126,000 after purchasing an additional 3,300 shares in the last quarter. 95.83% of the stock is owned by hedge funds and other institutional investors.

Vontier Price Performance

VNT stock opened at $32.18 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. Vontier Corporation has a one year low of $27.25 and a one year high of $48.20. The stock has a market cap of $4.53 billion, a PE ratio of 11.37, a P/E/G ratio of 1.21 and a beta of 1.16. The firm has a 50 day simple moving average of $29.60 and a two-hundred day simple moving average of $34.25.

Vontier (NYSE:VNT) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.80 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.02). The company had revenue of $750.60 million during the quarter, compared to the consensus estimate of $737.21 million. Vontier had a return on equity of 37.88% and a net margin of 13.37%.Vontier’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period in the previous year, the company 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. On average, analysts predict that Vontier Corporation will post 3.39 EPS for the current fiscal year.

Vontier announced that its Board of Directors has initiated a stock buyback program on Tuesday, May 19th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the company to reacquire up to 25.4% of its shares through open market purchases. Shares buyback programs are usually an indication that the company’s leadership believes its stock is undervalued.

Vontier Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 4th were paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Thursday, June 4th. Vontier’s dividend payout ratio is currently 3.53%.

Analyst Upgrades and Downgrades

Several research analysts have commented on VNT shares. KeyCorp cut their price target on shares of Vontier from $40.00 to $35.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Weiss Ratings cut shares of Vontier from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 19th. Wall Street Zen downgraded Vontier from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Evercore set a $36.00 price objective on Vontier in a research note on Monday, May 11th. Finally, Citigroup reduced their target price on Vontier from $50.00 to $44.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Six investment analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $41.89.

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.