15,852 Shares in Vontier Corporation $VNT Purchased by Susquehanna International Group LLP

Susquehanna International Group LLP purchased a new position in shares of Vontier Corporation (NYSE:VNTFree Report) in the 2nd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 15,852 shares of the company’s stock, valued at approximately $460,000.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Bessemer Group Inc. lifted its stake in Vontier by 21.6% in the 1st quarter. Bessemer Group Inc. now owns 776,603 shares of the company’s stock worth $27,546,000 after purchasing an additional 137,750 shares in the last quarter. Northwestern Mutual Wealth Management Co. raised its position in shares of Vontier by 1,950.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 73,758 shares of the company’s stock valued at $2,742,000 after buying an additional 70,160 shares during the period. ASO GROUP Ltd acquired a new stake in shares of Vontier during the 4th quarter worth about $4,390,000. First Trust Advisors LP raised its holdings in Vontier by 14.2% in the 1st quarter. First Trust Advisors LP now owns 307,265 shares of the company’s stock valued at $10,899,000 after buying an additional 38,152 shares during the period. Finally, Franklin Resources Inc. increased its holdings in Vontier by 11.1% in the 4th quarter. Franklin Resources Inc. now owns 5,803,510 shares of the company’s stock valued at $215,774,000 after purchasing an additional 577,914 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Wall Street Analysts Forecast Growth

VNT has been the subject of several research reports. Robert W. Baird set a $39.00 price target on shares of Vontier in a research note on Friday, August 7th. Barclays cut their price objective on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Evercore set a $36.00 target price on Vontier in a research report on Monday, May 11th. Citigroup cut their target price on shares of Vontier from $50.00 to $44.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Finally, Wolfe Research restated an “outperform” rating and issued a $43.00 price target on shares of Vontier in a research report on Thursday, July 9th. Four 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.com, the company has a consensus rating of “Hold” and an average price target of $41.00.

Check Out Our Latest Stock Analysis on Vontier

Vontier Stock Performance

NYSE VNT opened at $32.27 on Tuesday. The business has a 50 day moving average price of $31.41 and a 200 day moving average price of $33.44. The company has a market capitalization of $4.36 billion, a P/E ratio of 13.39, a PEG ratio of 1.12 and a beta of 1.15. Vontier Corporation has a 1-year low of $27.25 and a 1-year high of $48.20. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.25 and a quick ratio of 0.94.

Vontier (NYSE:VNTGet Free Report) last announced its quarterly 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. Vontier had a return on equity of 38.57% and a net margin of 11.34%.The business had revenue of $756.70 million during the quarter, compared to analysts’ expectations of $747.12 million. During the same quarter last year, the business posted $0.79 earnings per share. The business’s revenue for the quarter was down 2.2% on a year-over-year basis. 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 expect that Vontier Corporation will post 3.49 EPS for the current fiscal year.

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

Vontier Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd 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, September 3rd. Vontier’s dividend payout ratio is 4.15%.

About Vontier

(Free Report)

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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Institutional Ownership by Quarter for Vontier (NYSE:VNT)

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