BNP Paribas Financial Markets Trims Stock Position in Vontier Corporation $VNT

BNP Paribas Financial Markets reduced its stake in Vontier Corporation (NYSE:VNT) by 48.1% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 172,895 shares of the company’s stock after selling 159,922 shares during the quarter. BNP Paribas Financial Markets’ holdings in Vontier were worth $6,428,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Allworth Financial LP raised its holdings in Vontier by 212.9% in the 3rd quarter. Allworth Financial LP now owns 948 shares of the company’s stock worth $40,000 after purchasing an additional 645 shares during the period. Employees Retirement System of Texas bought a new position in shares of Vontier in the third quarter worth about $58,000. Clearstead Advisors LLC raised its stake in shares of Vontier by 82.8% in the fourth quarter. Clearstead Advisors LLC now owns 1,665 shares of the company’s stock worth $62,000 after buying an additional 754 shares during the period. Quarry LP raised its stake in shares of Vontier by 5,897.1% in the third quarter. Quarry LP now owns 2,099 shares of the company’s stock worth $88,000 after buying an additional 2,064 shares during the period. Finally, GAMMA Investing LLC raised its stake in shares of Vontier by 12.7% in the fourth quarter. GAMMA Investing LLC now owns 2,702 shares of the company’s stock worth $100,000 after buying an additional 304 shares during the period. 95.83% of the stock is owned by institutional investors.

Vontier Trading Up 1.6%

Vontier stock opened at $28.87 on Wednesday. The firm has a 50 day moving average of $32.65 and a 200 day moving average of $36.12. The firm has a market capitalization of $4.07 billion, a price-to-earnings ratio of 10.20, a P/E/G ratio of 1.07 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 current ratio of 1.23, a quick ratio of 0.90 and a debt-to-equity ratio of 1.26.

Vontier (NYSE:VNT) last released its earnings results on Thursday, May 7th. The company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.02). Vontier had a return on equity of 37.88% and a net margin of 13.37%.The firm had revenue of $750.60 million during the quarter, compared to analysts’ expectations of $737.21 million. During the same period in the prior year, the company posted $0.77 earnings per share. The company’s revenue was up 1.3% compared to the same quarter last year. 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, research analysts predict that Vontier Corporation will post 3.39 earnings per share for the current year.

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

Vontier Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th 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, June 4th. Vontier’s dividend payout ratio (DPR) is 3.53%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on VNT shares. Citigroup reduced their target price on shares of Vontier from $50.00 to $44.00 and set a “buy” rating for the company in a report on Friday, May 8th. Weiss Ratings lowered shares of Vontier from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 19th. Barclays reduced their target price on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Wall Street Zen lowered shares of Vontier from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Robert W. Baird set a $37.00 target price on shares of Vontier in a report on Friday, May 8th. Five research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $42.38.

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.