JPMorgan Chase & Co. Purchases 27,426 Shares of Vontier Corporation $VNT

JPMorgan Chase & Co. raised its position in Vontier Corporation (NYSE:VNT) by 6.9% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 427,447 shares of the company’s stock after acquiring an additional 27,426 shares during the period. JPMorgan Chase & Co.’s holdings in Vontier were worth $17,941,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently modified their holdings of VNT. AIA Group Ltd acquired a new position in shares of Vontier during the third quarter worth approximately $2,984,000. Allworth Financial LP grew its position in Vontier by 212.9% in the 3rd quarter. Allworth Financial LP now owns 948 shares of the company’s stock valued at $40,000 after purchasing an additional 645 shares during the period. Swiss Life Asset Management Ltd acquired a new stake in Vontier in the 3rd quarter valued at $294,000. CIBC Private Wealth Group LLC increased its stake in Vontier by 60.4% during the 3rd quarter. CIBC Private Wealth Group LLC now owns 3,979 shares of the company’s stock valued at $167,000 after purchasing an additional 1,498 shares in the last quarter. Finally, Captrust Financial Advisors increased its stake in Vontier by 0.3% during the 3rd quarter. Captrust Financial Advisors now owns 131,970 shares of the company’s stock valued at $5,539,000 after purchasing an additional 433 shares in the last quarter. Institutional investors own 95.83% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on VNT. Barclays raised their price objective on shares of Vontier from $47.00 to $55.00 and gave the company an “overweight” rating in a research note on Friday, February 13th. Robert W. Baird set a $47.00 target price on shares of Vontier in a research report on Thursday, February 19th. Weiss Ratings raised shares of Vontier from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 23rd. Wall Street Zen upgraded Vontier from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. Finally, KeyCorp boosted their price objective on Vontier from $45.00 to $50.00 and gave the stock an “overweight” rating in a report on Friday, February 13th. Seven investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average target price of $47.63.

Vontier Price Performance

VNT opened at $36.76 on Thursday. Vontier Corporation has a 1 year low of $27.22 and a 1 year high of $48.20. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.16 and a quick ratio of 0.90. The company has a market capitalization of $5.20 billion, a price-to-earnings ratio of 13.32, a P/E/G ratio of 1.42 and a beta of 1.27. The firm’s fifty day moving average price is $38.87 and its two-hundred day moving average price is $38.99.

Vontier (NYSE:VNT) last announced 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 during the quarter, compared to the consensus estimate of $765.12 million. During the same quarter in the prior year, the company posted $0.80 earnings per share. The firm’s revenue for the quarter was up 4.1% on a year-over-year basis. 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, analysts anticipate that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be paid a $0.025 dividend. The ex-dividend date is Thursday, March 5th. This represents a $0.10 annualized dividend and a yield of 0.3%. Vontier’s dividend payout ratio (DPR) is 3.62%.

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.