Amundi Sells 33,504 Shares of Vontier Corporation $VNT

Key Points

• Amundi cut its Vontier stake by 50.9% in the second quarter, selling 33,504 shares and retaining 32,334 shares valued at approximately $938,000. Institutional investors collectively own 95.83% of Vontier.
• Analyst sentiment is mixed, with four Buy, three Hold and one Sell rating; the consensus is Hold with an average price target of $41, compared with the stock’s reported price of $32.41.
• Vontier exceeded quarterly earnings and revenue expectations, reporting $0.89 EPS and $756.7 million in revenue, while also maintaining a $0.10 annual dividend and a $1 billion share-repurchase authorization.

Amundi lessened its holdings in Vontier Corporation (NYSE:VNT - Free Report) by 50.9% during the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 32,334 shares of the company's stock after selling 33,504 shares during the quarter. Amundi's holdings in Vontier were worth $938,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Scarborough Advisors LLC bought a new position in shares of Vontier during the first quarter valued at about $57,000. Clearstead Advisors LLC grew its position in Vontier by 82.8% during the 4th quarter. Clearstead Advisors LLC now owns 1,665 shares of the company's stock worth $62,000 after acquiring an additional 754 shares during the last quarter. Global Retirement Partners LLC increased its stake in Vontier by 3,928.6% in the 4th quarter. Global Retirement Partners LLC now owns 3,384 shares of the company's stock worth $126,000 after purchasing an additional 3,300 shares during the period. State of Wyoming purchased a new position in Vontier in the 2nd quarter worth approximately $110,000. Finally, Blue Trust Inc. lifted its position in Vontier by 8.3% in the first quarter. Blue Trust Inc. now owns 5,688 shares of the company's stock valued at $202,000 after purchasing an additional 434 shares during the last quarter. 95.83% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

VNT has been the topic of several recent analyst reports. Wolfe Research restated an "outperform" rating and issued a $43.00 target price on shares of Vontier in a report on Thursday, July 9th. Weiss Ratings upgraded shares of Vontier from a "hold (c-)" rating to a "hold (c)" rating in a report on Friday, September 4th. KeyCorp increased their price target on shares of Vontier from $35.00 to $40.00 and gave the company an "overweight" rating in a research report on Friday, August 7th. Argus lowered shares of Vontier from a "buy" rating to a "hold" rating in a report on Tuesday, May 26th. Finally, Robert W. Baird set a $39.00 price objective on shares of Vontier in a research report on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to MarketBeat.com, Vontier currently has a consensus rating of "Hold" and an average price target of $41.00.

Vontier Stock Performance

Shares of VNT stock opened at $32.41 on Tuesday. The firm has a market capitalization of $4.38 billion, a price-to-earnings ratio of 13.45, a PEG ratio of 1.10 and a beta of 1.13. The stock has a fifty day moving average of $32.03 and a 200 day moving average of $32.82. Vontier Corporation has a 52 week low of $27.25 and a 52 week high of $48.20. The company has a quick ratio of 0.94, a current ratio of 1.25 and a debt-to-equity ratio of 1.33.

Vontier (NYSE:VNT - Get Free Report) last posted its earnings results on Thursday, August 6th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.80 by $0.09. Vontier had a net margin of 11.34% and a return on equity of 38.57%. The firm had revenue of $756.70 million during the quarter, compared to analysts' expectations of $747.12 million. During the same period last year, the company posted $0.79 EPS. The company's quarterly revenue was down 2.2% compared to the same quarter last year. Vontier has set its FY 2026 guidance at 3.450-3.550 EPS and its Q3 2026 guidance at 0.820-0.860 EPS. As a group, research analysts expect that Vontier Corporation will post 3.49 earnings per share for the current year.

Vontier Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be given a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, September 3rd. Vontier's payout ratio is presently 4.15%.

Vontier declared that its Board of Directors has initiated a stock repurchase program on Tuesday, May 19th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to buy up to 25.4% of its shares through open market purchases. Shares repurchase programs are generally a sign that the company's board believes its shares are undervalued.

About Vontier

Vontier Corporation NYSE: VNT is a global technology company that provides solutions for mobility, transportation and vehicle service industries. Its products and software help businesses manage fueling, fleet operations, vehicle maintenance, payments and other aspects of transportation infrastructure.

Vontier's portfolio includes fueling equipment and payment systems, fuel management and site-management technologies, electric vehicle charging solutions, fleet management and telematics software, and tools and equipment used in automotive repair.

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