Vontier Corporation (NYSE:VNT – Get Free Report)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as $29.09 and last traded at $29.3160, with a volume of 2723113 shares trading hands. The stock had previously closed at $29.97.
Wall Street Analyst Weigh In
A number of research firms have issued reports on VNT. Wall Street Zen downgraded shares of Vontier from a “buy” rating to a “hold” rating in a report on Saturday. Evercore set a $36.00 target price on Vontier in a research note on Monday. Robert W. Baird set a $37.00 target price on Vontier in a research note on Friday. Citigroup cut their target price on Vontier from $50.00 to $44.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Finally, KeyCorp cut their target price on Vontier from $50.00 to $40.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Six research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $42.38.
Check Out Our Latest Stock Report on Vontier
Vontier Trading Down 2.2%
Vontier (NYSE:VNT – Get Free Report) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.80 EPS for the quarter, missing the consensus estimate of $0.82 by ($0.02). Vontier had a net margin of 13.37% and a return on equity of 37.88%. The firm had revenue of $750.60 million during the quarter, compared to analysts’ expectations of $737.21 million. During the same quarter in the previous year, the company posted $0.77 EPS. Vontier’s revenue for the quarter was up 1.3% on a year-over-year basis. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q2 2026 guidance at 0.780-0.810 EPS. Equities analysts anticipate that Vontier Corporation will post 3.41 earnings per share for the current year.
Vontier Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Thursday, March 26th. Investors of record on Thursday, March 5th were paid a $0.025 dividend. The ex-dividend date was Thursday, March 5th. This represents a $0.10 annualized dividend and a yield of 0.3%. Vontier’s dividend payout ratio is presently 3.53%.
Hedge Funds Weigh In On Vontier
Several institutional investors have recently bought and sold shares of the company. Royal Bank of Canada raised its holdings in Vontier by 2.9% during the 1st quarter. Royal Bank of Canada now owns 47,039 shares of the company’s stock valued at $1,545,000 after acquiring an additional 1,304 shares during the period. Goldman Sachs Group Inc. raised its holdings in Vontier by 42.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 386,140 shares of the company’s stock valued at $12,685,000 after acquiring an additional 115,740 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Vontier by 11.9% during the 1st 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 acquiring an additional 62,040 shares during the period. Northwestern Mutual Wealth Management Co. raised its holdings in Vontier by 19.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,486 shares of the company’s stock valued at $129,000 after acquiring an additional 568 shares during the period. Finally, Quantbot Technologies LP bought a new stake in Vontier during the 2nd quarter valued at $188,000. Hedge funds and other institutional investors own 95.83% of the company’s stock.
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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