Danske Bank A S Reduces Stake in Vontier Corporation $VNT

Key Points

• Danske Bank A S sharply cut its Vontier position by 99.1% in the fourth quarter, selling 149,835 shares and leaving it with just 1,300 shares worth about $48,000.
• Vontier’s latest earnings showed a mixed result: EPS missed estimates at $0.80 versus $0.82, but revenue beat expectations at $750.6 million and the company reaffirmed its full-year guidance.
• Analysts remain generally constructive despite trimming targets, with Barclays, KeyCorp and Citigroup all lowering price objectives while keeping positive ratings; Vontier currently has a Moderate Buy consensus and a $43.75 price target.

Danske Bank A S decreased its position in Vontier Corporation (NYSE:VNT - Free Report) by 99.1% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,300 shares of the company's stock after selling 149,835 shares during the quarter. Danske Bank A S's holdings in Vontier were worth $48,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of VNT. Vanguard Group Inc. increased its holdings in Vontier by 0.8% in the 3rd quarter. Vanguard Group Inc. now owns 16,896,994 shares of the company's stock valued at $709,167,000 after acquiring an additional 135,780 shares during the last quarter. Franklin Resources Inc. boosted its holdings in shares of Vontier by 85.0% during the 3rd quarter. Franklin Resources Inc. now owns 5,225,596 shares of the company's stock valued at $219,318,000 after purchasing an additional 2,401,220 shares during the last quarter. Corient Private Wealth LLC grew its position in shares of Vontier by 104.6% during the second quarter. Corient Private Wealth LLC now owns 4,793,944 shares of the company's stock valued at $176,897,000 after purchasing an additional 2,450,723 shares in the last quarter. Dimensional Fund Advisors LP grew its position in shares of Vontier by 3.8% during the third quarter. Dimensional Fund Advisors LP now owns 2,982,770 shares of the company's stock valued at $125,184,000 after purchasing an additional 108,390 shares in the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of Vontier by 4,958.3% in the third quarter. Victory Capital Management Inc. now owns 2,151,517 shares of the company's stock worth $90,299,000 after purchasing an additional 2,108,983 shares during the last quarter. 95.83% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

VNT has been the subject of a number of research reports. Barclays dropped their price target on Vontier from $50.00 to $45.00 and set an "overweight" rating for the company in a research note on Friday. KeyCorp decreased their price objective on Vontier from $50.00 to $40.00 and set an "overweight" rating on the stock in a report on Friday. Citigroup lowered 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. Robert W. Baird set a $37.00 target price on shares of Vontier in a report on Friday. Finally, Weiss Ratings downgraded shares of Vontier from a "buy (b-)" rating to a "hold (c+)" rating in a research note on Monday, April 6th. Six investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, Vontier currently has a consensus rating of "Moderate Buy" and a consensus price target of $43.75.

Key Stories Impacting Vontier

Here are the key news stories impacting Vontier this week:

• Positive Sentiment: Vontier’s DRB unit was selected by Super Star Car Wash for a 118-site software transformation, highlighting continued demand for its automotive service technology and potentially supporting future revenue growth. Vontier's DRB Selected by Super Star Car Wash for 118-Site Software Transformation
• Positive Sentiment: Despite the quarter’s earnings miss, Vontier beat sales expectations, reporting $750.6 million in revenue versus estimates of $737.2 million, and reaffirmed full-year guidance, which may help reassure investors about underlying demand. Vontier earnings report
• Neutral Sentiment: Barclays and KeyCorp both cut their price targets on VNT but kept “overweight” ratings, indicating analysts still see upside even after lowering near-term expectations. Barclays and KeyCorp price target updates
• Negative Sentiment: Vontier’s Q1 EPS of $0.80 missed the $0.82 consensus, and management guided Q2 revenue and EPS below Wall Street expectations, a key reason the stock is trading lower today. Vontier earnings miss and guidance
• Negative Sentiment: Vontier also announced it will sell a majority of Teletrac Navman for $220 million, a strategic portfolio move that may signal a shift away from slower-growth assets, but can create uncertainty in the near term. Vontier announces agreement to sell Teletrac Navman

Vontier Price Performance

Shares of Vontier stock opened at $30.13 on Friday. The stock has a market cap of $4.25 billion, a price-to-earnings ratio of 10.65, a price-to-earnings-growth ratio of 1.18 and a beta of 1.24. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.90 and a current ratio of 1.23. The stock has a 50 day moving average price of $36.78 and a 200-day moving average price of $37.78. Vontier Corporation has a one year low of $30.01 and a one year high of $48.20.

Vontier (NYSE:VNT - Get Free Report) last released its quarterly earnings results on Thursday, May 7th. The company reported $0.80 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.02). The company had revenue of $750.60 million for the quarter, compared to analysts' expectations of $737.21 million. Vontier had a net margin of 13.37% and a return on equity of 37.88%. The business's quarterly revenue was up 1.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $0.77 EPS. 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 expect that Vontier Corporation will post 3.41 EPS for the current year.

Vontier Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th were issued a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Thursday, March 5th. Vontier's dividend payout ratio (DPR) is 3.53%.

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.

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