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Vontier Corporation $VNT Position Lifted by CX Institutional

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Key Points

  • CX Institutional significantly increased its Vontier position during the third quarter, acquiring 349,592 additional shares for a total holding of 349,632 shares worth about $11.0 million. Institutional investors collectively own 95.83% of the company.
  • Vontier reported quarterly EPS of $0.89, exceeding analysts’ $0.80 estimate, while revenue of $756.7 million also topped expectations; however, revenue declined 2.2% year over year.
  • Analysts maintain a consensus “Hold” rating with a $41.00 price target, compared with the stock’s recent price of $31.70. Vontier also declared a quarterly dividend of $0.025 per share, for a 0.3% annualized yield.
  • MarketBeat previews the top five stocks to own by November 1st.

CX Institutional lifted its holdings in shares of Vontier Corporation (NYSE:VNT - Free Report) by 873,980.0% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 349,632 shares of the company's stock after purchasing an additional 349,592 shares during the quarter. CX Institutional owned about 0.26% of Vontier worth $10,978,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also made changes to their positions in VNT. Versant Capital Management Inc lifted its position in Vontier by 1,394.8% during the third quarter. Versant Capital Management Inc now owns 4,051 shares of the company's stock worth $127,000 after buying an additional 3,780 shares during the period. Tidal Investments LLC grew its holdings in Vontier by 125.1% in the 2nd quarter. Tidal Investments LLC now owns 36,306 shares of the company's stock valued at $1,053,000 after buying an additional 20,180 shares during the period. WINTON GROUP Ltd purchased a new stake in Vontier in the 2nd quarter valued at about $4,911,000. Engineers Gate Manager LP increased its stake in shares of Vontier by 1,707.8% during the 2nd quarter. Engineers Gate Manager LP now owns 268,044 shares of the company's stock valued at $7,773,000 after acquiring an additional 253,217 shares during the last quarter. Finally, Integrated Wealth Concepts LLC acquired a new position in shares of Vontier during the 2nd quarter valued at about $39,000. Hedge funds and other institutional investors own 95.83% of the company's stock.

Vontier Trading Up 0.0%

Shares of Vontier stock traded up $0.01 during trading hours on Friday, reaching $31.70. The stock had a trading volume of 1,212,337 shares, compared to its average volume of 1,455,457. The firm has a market capitalization of $4.29 billion, a price-to-earnings ratio of 13.15, a P/E/G ratio of 1.08 and a beta of 1.13. Vontier Corporation has a 1 year low of $27.25 and a 1 year high of $48.20. The company has a current ratio of 1.25, a quick ratio of 0.94 and a debt-to-equity ratio of 1.33. The firm has a 50 day simple moving average of $32.50 and a two-hundred day simple moving average of $32.12.

Vontier (NYSE:VNT - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.89 earnings per share (EPS) for the quarter, topping 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 in the previous year, the business earned $0.79 EPS. The company'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. As a group, equities research analysts anticipate that Vontier Corporation will post 3.49 earnings per share for the current year.

Vontier Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd were given a $0.0250 dividend. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $0.10 annualized dividend and a dividend yield of 0.3%. Vontier's dividend payout ratio is presently 4.15%.

Analysts Set New Price Targets

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

Check Out Our Latest Analysis on VNT

Vontier Company Profile

(Free Report)

Vontier Corporation NYSE: VNT is a global technology company that provides solutions for mobility, transportation, and vehicle repair. Its products and services help businesses manage fueling and convenience-retail operations, monitor vehicle fleets, process transactions, and improve the efficiency and safety of automotive service facilities.

Vontier's portfolio includes well-known brands such as Gilbarco and Veeder-Root, which provide fuel dispensers, payment systems, automation technology, and fuel-management solutions; Teletrac Navman, which offers fleet-management and telematics services; and Matco Tools, which supplies professional tools, equipment, and related services to automotive technicians.

Read More

Want to see what other hedge funds are holding VNT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vontier Corporation (NYSE:VNT - Free Report).

Institutional Ownership by Quarter for Vontier (NYSE:VNT)

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

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