Renaissance Technologies LLC Reduces Holdings in Vontier Corporation $VNT

Renaissance Technologies LLC decreased its position in shares of Vontier Corporation (NYSE:VNT) by 51.5% during the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 135,529 shares of the company’s stock after selling 144,200 shares during the period. Renaissance Technologies LLC’s holdings in Vontier were worth $4,807,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also recently made changes to their positions in VNT. Royal Bank of Canada raised its position in Vontier by 2.9% in the 1st quarter. Royal Bank of Canada now owns 47,039 shares of the company’s stock worth $1,545,000 after purchasing an additional 1,304 shares during the period. Goldman Sachs Group Inc. boosted its position in shares of Vontier by 42.8% during the first quarter. Goldman Sachs Group Inc. now owns 386,140 shares of the company’s stock valued at $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 shares of 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 buying an additional 62,040 shares during the period. Northwestern Mutual Wealth Management Co. grew its stake in shares of Vontier by 19.5% during the second quarter. Northwestern Mutual Wealth Management Co. now owns 3,486 shares of the company’s stock valued at $129,000 after buying an additional 568 shares during the last quarter. Finally, Quantbot Technologies LP bought a new position in shares of Vontier during the second quarter valued at approximately $188,000. Institutional investors own 95.83% of the company’s stock.

Wall Street Analysts Forecast Growth

VNT has been the subject of a number of research analyst reports. Weiss Ratings lowered Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 19th. Barclays reduced their target price on Vontier from $50.00 to $45.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Citigroup decreased their target price on Vontier from $50.00 to $44.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Evercore set a $36.00 target price on shares of Vontier in a research note on Monday, May 11th. Finally, Wolfe Research restated an “outperform” rating and issued a $43.00 price target on shares of Vontier in a report on Thursday, July 9th. Five analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $40.00.

Vontier News Summary

Here are the key news stories impacting Vontier this week:

• Positive Sentiment: Q2 earnings and revenue exceeded expectations. Vontier reported adjusted EPS of $0.89, above the $0.80-$0.82 analyst consensus and up from $0.79 a year earlier. Revenue reached $756.7 million, topping estimates of approximately $747.1 million. Vontier Corporation Tops Q2 Earnings Estimates
• Positive Sentiment: Full-year EPS outlook was raised. Vontier now expects 2026 adjusted EPS of $3.45-$3.55, above the prior outlook and ahead of the roughly $3.40 consensus. Full-year revenue guidance of $3.0-$3.1 billion is broadly in line with expectations. Why Did Vontier Raise Full-Year EPS Outlook?
• Positive Sentiment: Shareholder returns received a boost. The company expanded its stock-buyback authorization to $1 billion, potentially supporting EPS and signaling management’s confidence in cash generation and valuation. Vontier Forecasts 2026 EPS and Expands Buyback
• Positive Sentiment: EKOS acquisition expands fleet software capabilities. Acquiring EKOS adds cloud-connected fleet, fuel and EV-management software, strengthening Vontier’s end-to-end fleet connectivity platform and exposure to recurring technology revenue. Vontier Strengthens Fleet Connectivity Solutions With EKOS Acquisition
• Neutral Sentiment: Profitability improved despite softer sales. Quarterly revenue declined 2.2% year over year, but net margin was 13.37% and return on equity was 37.88%, highlighting continued operating efficiency.
• Negative Sentiment: Third-quarter revenue guidance disappointed. Vontier forecast Q3 revenue of $720 million-$735 million, below the approximately $745.8 million consensus. Q3 EPS guidance of $0.82-$0.86 brackets the $0.85 estimate, suggesting earnings strength may not be accompanied by near-term sales growth.

Vontier Stock Up 5.0%

Shares of NYSE:VNT opened at $35.31 on Friday. 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 $4.97 billion, a P/E ratio of 12.48, a price-to-earnings-growth ratio of 1.27 and a beta of 1.15. The business’s 50 day moving average is $29.97 and its 200 day moving average is $34.09. The company has a quick ratio of 0.90, a current ratio of 1.23 and a debt-to-equity ratio of 1.26.

Vontier (NYSE:VNT) last issued its earnings results on Thursday, August 6th. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.09. The business had revenue of $756.70 million during the quarter, compared to analyst estimates of $747.12 million. Vontier had a return on equity of 37.88% and a net margin of 13.37%.Vontier’s revenue was down 2.2% on a year-over-year basis. During the same period in the previous year, the company posted $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. Sell-side analysts predict that Vontier Corporation will post 3.39 EPS for the current year.

Vontier Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th were given a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. Vontier’s dividend payout ratio (DPR) is 3.53%.

Vontier declared that its board has initiated a share buyback plan on Tuesday, May 19th that allows the company to buyback $1.00 billion in outstanding shares. This buyback authorization allows the company to purchase up to 25.4% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s board believes its shares are undervalued.

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.