Picton Mahoney Asset Management Invests $935,000 in Vontier Corporation $VNT

Picton Mahoney Asset Management acquired a new position in Vontier Corporation (NYSE:VNT) during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 22,298 shares of the company’s stock, valued at approximately $935,000.

Several other large investors also recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in Vontier by 0.8% during the third quarter. Vanguard Group Inc. now owns 16,896,994 shares of the company’s stock worth $709,167,000 after buying an additional 135,780 shares in the last quarter. Corient Private Wealth LLC raised its holdings in shares of Vontier by 104.6% in 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. River Road Asset Management LLC boosted its position in shares of Vontier by 24.5% during the 2nd quarter. River Road Asset Management LLC now owns 3,115,850 shares of the company’s stock valued at $114,975,000 after acquiring an additional 613,746 shares during the last quarter. Franklin Resources Inc. boosted its position in shares of Vontier by 81.6% during the 2nd quarter. Franklin Resources Inc. now owns 2,824,376 shares of the company’s stock valued at $104,219,000 after acquiring an additional 1,269,063 shares during the last quarter. Finally, Victory Capital Management Inc. grew its holdings in shares of Vontier by 4,958.3% during the third quarter. Victory Capital Management Inc. now owns 2,151,517 shares of the company’s stock worth $90,299,000 after purchasing an additional 2,108,983 shares in the last quarter. Institutional investors own 95.83% of the company’s stock.

Analysts Set New Price Targets

A number of brokerages recently weighed in on VNT. Bank of America reaffirmed an “underperform” rating and issued a $40.00 target price (down from $50.00) on shares of Vontier in a research note on Friday, November 14th. Barclays increased their price target on shares of Vontier from $47.00 to $55.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. KeyCorp upped their target price on shares of Vontier from $45.00 to $50.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Wall Street Zen upgraded Vontier from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Finally, Weiss Ratings upgraded Vontier from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. Seven analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Vontier currently has a consensus rating of “Moderate Buy” and an average target price of $47.63.

Vontier Trading Down 2.9%

Shares of VNT opened at $38.43 on Friday. Vontier Corporation has a fifty-two week low of $27.22 and a fifty-two week high of $48.20. The firm has a market cap of $5.44 billion, a price-to-earnings ratio of 13.92, a PEG ratio of 1.52 and a beta of 1.27. The firm has a 50 day moving average price of $39.26 and a 200-day moving average price of $39.59. 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 (NYSE:VNT) last released its earnings results on Thursday, February 12th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.85 by $0.01. Vontier had a net margin of 13.20% and a return on equity of 39.25%. The company had revenue of $808.50 million for the quarter, compared to analyst estimates of $765.12 million. During the same quarter last year, the firm earned $0.80 EPS. The firm’s quarterly revenue was up 4.1% compared to the same quarter last year. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q1 2026 guidance at 0.780-0.810 EPS. As a group, equities research analysts forecast that Vontier Corporation will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th 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 is Thursday, March 5th. Vontier’s payout ratio is currently 3.62%.

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.