Foster & Motley Inc. increased its stake in shares of Vontier Corporation (NYSE:VNT – Free Report) by 17.0% during the 4th quarter, HoldingsChannel.com reports. The firm owned 153,274 shares of the company’s stock after purchasing an additional 22,289 shares during the quarter. Foster & Motley Inc.’s holdings in Vontier were worth $5,699,000 at the end of the most recent quarter.
Several other hedge funds also recently added to or reduced their stakes in the company. Royal Bank of Canada grew its stake in shares of Vontier by 2.9% during the first quarter. Royal Bank of Canada now owns 47,039 shares of the company’s stock valued at $1,545,000 after buying an additional 1,304 shares during the last quarter. Goldman Sachs Group Inc. lifted its holdings in Vontier by 42.8% during the first quarter. Goldman Sachs Group Inc. now owns 386,140 shares of the company’s stock worth $12,685,000 after buying an additional 115,740 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its position in Vontier by 11.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 583,565 shares of the company’s stock valued at $19,170,000 after purchasing an additional 62,040 shares in the last quarter. Legal & General Group Plc boosted its holdings in shares of Vontier by 0.6% in the 2nd quarter. Legal & General Group Plc now owns 281,833 shares of the company’s stock valued at $10,400,000 after buying an additional 1,659 shares in the last quarter. Finally, Steward Partners Investment Advisory LLC boosted its stake in Vontier by 29.0% in the second quarter. Steward Partners Investment Advisory LLC now owns 1,505 shares of the company’s stock valued at $56,000 after acquiring an additional 338 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on VNT. Barclays upped their price target on Vontier from $47.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Weiss Ratings upgraded shares of Vontier from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Monday, February 23rd. KeyCorp boosted their price target on Vontier from $45.00 to $50.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Wall Street Zen raised shares of Vontier from a “hold” rating to a “buy” rating in a research note on Saturday, February 14th. Finally, Robert W. Baird reduced their target price on Vontier from $47.00 to $43.00 and set a “neutral” rating for the company in a research note on Monday. Seven research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Vontier currently has an average rating of “Moderate Buy” and an average price target of $47.13.
Vontier Stock Down 2.7%
VNT stock opened at $34.17 on Tuesday. Vontier Corporation has a 12 month low of $27.22 and a 12 month high of $48.20. The company has a market cap of $4.84 billion, a price-to-earnings ratio of 12.38, a PEG ratio of 1.35 and a beta of 1.27. The company has a current ratio of 1.16, a quick ratio of 0.90 and a debt-to-equity ratio of 1.27. The firm has a 50-day moving average of $38.68 and a two-hundred day moving average of $38.79.
Vontier (NYSE:VNT – Get Free Report) last released its quarterly earnings data on Thursday, February 12th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.01. The company had revenue of $808.50 million for the quarter, compared to analyst estimates of $765.12 million. Vontier had a return on equity of 39.25% and a net margin of 13.20%.The firm’s revenue for the quarter was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 earnings per share. 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 forecast that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.
Vontier Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were given a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.3%. The ex-dividend date was Thursday, March 5th. Vontier’s dividend payout ratio is presently 3.62%.
Vontier Company 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.
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