UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Sells 22,462 Shares of Vontier Corporation $VNT

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC cut its holdings in shares of Vontier Corporation (NYSE:VNT) by 5.5% in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 383,633 shares of the company’s stock after selling 22,462 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC owned about 0.28% of Vontier worth $11,125,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of VNT. Scarborough Advisors LLC acquired a new stake in shares of Vontier in the first quarter worth $57,000. Employees Retirement System of Texas acquired a new position in Vontier during the 3rd quarter valued at $58,000. Clearstead Advisors LLC raised its stake in Vontier by 82.8% during the 4th quarter. Clearstead Advisors LLC now owns 1,665 shares of the company’s stock valued at $62,000 after purchasing an additional 754 shares during the last quarter. Quarry LP boosted its holdings in Vontier by 5,897.1% in the 3rd quarter. Quarry LP now owns 2,099 shares of the company’s stock valued at $88,000 after purchasing an additional 2,064 shares during the period. Finally, Parkside Financial Bank & Trust grew its position in Vontier by 152.5% in the 4th quarter. Parkside Financial Bank & Trust now owns 2,634 shares of the company’s stock worth $98,000 after purchasing an additional 1,591 shares during the last quarter. 95.83% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

VNT has been the topic of several research reports. Robert W. Baird set a $39.00 price objective on shares of Vontier in a report on Friday, August 7th. Wolfe Research reissued an “outperform” rating and set a $43.00 target price on shares of Vontier in a research report on Thursday, July 9th. KeyCorp boosted their price target on Vontier from $35.00 to $40.00 and gave the company an “overweight” rating in a research note on Friday, August 7th. Evercore set a $36.00 price target on Vontier in a report on Monday, May 11th. Finally, Argus downgraded Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $41.00.

Vontier Trading Down 0.3%

Shares of VNT stock opened at $33.19 on Monday. Vontier Corporation has a 52-week low of $27.25 and a 52-week high of $48.20. The stock has a market cap of $4.49 billion, a price-to-earnings ratio of 13.77, a P/E/G ratio of 1.14 and a beta of 1.13. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.94 and a current ratio of 1.25. The firm has a fifty day moving average of $31.61 and a 200-day moving average of $33.19.

Vontier (NYSE:VNT) last issued its earnings results on Thursday, August 6th. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.09. The business had revenue of $756.70 million for the quarter, compared to analyst estimates of $747.12 million. Vontier had a net margin of 11.34% and a return on equity of 38.57%. The firm’s revenue was down 2.2% on a year-over-year basis. During the same period in the previous year, the business earned $0.79 EPS. Vontier has set its FY 2026 guidance at 3.450-3.550 EPS and its Q3 2026 guidance at 0.820-0.860 EPS. On average, equities research analysts forecast that Vontier Corporation will post 3.49 earnings per share for the current fiscal year.

Vontier announced that its Board of Directors has authorized a share repurchase plan on Tuesday, May 19th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the company to repurchase up to 25.4% of its stock through open market purchases. Stock repurchase plans are typically a sign that the company’s board of directors believes its stock is undervalued.

Vontier Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be issued 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 of this dividend is Thursday, September 3rd. Vontier’s payout ratio is presently 4.15%.

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.