Vontier Corporation (NYSE:VNT) Given Average Rating of "Hold" by Analysts

Key Points

• Analysts maintain a “Hold” consensus on Vontier, with one sell, three hold and four buy ratings; the average 12-month price target is $41, above the reported share price of $32.94.
• Vontier exceeded quarterly expectations, reporting $0.89 in adjusted EPS versus an $0.80 estimate and $756.7 million in revenue, although revenue declined 2.2% year over year.
• The company authorized a $1 billion share-repurchase program covering up to 25.4% of shares and declared a quarterly dividend of $0.025, equivalent to a 0.3% annual yield.

Shares of Vontier Corporation (NYSE:VNT - Get Free Report) have been given a consensus rating of "Hold" by the eight analysts that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and four have assigned a buy recommendation to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is $41.00.

A number of research analysts have recently commented on VNT shares. KeyCorp upped their target price on Vontier from $35.00 to $40.00 and gave the company an "overweight" rating in a research note on Friday, August 7th. Wolfe Research reissued an "outperform" rating and set a $43.00 price target on shares of Vontier in a research note on Thursday, July 9th. Wall Street Zen cut Vontier from a "buy" rating to a "hold" rating in a report on Saturday, May 9th. Citigroup dropped their price objective on Vontier from $50.00 to $44.00 and set a "buy" rating for the company in a report on Friday, May 8th. Finally, Weiss Ratings downgraded Vontier from a "hold (c+)" rating to a "hold (c)" rating in a research report on Tuesday, May 19th.

Hedge Funds Weigh In On Vontier

Institutional investors have recently modified their holdings of the stock. Employees Retirement System of Texas purchased a new stake in shares of Vontier in the third quarter valued at approximately $58,000. Scarborough Advisors LLC purchased a new position in Vontier during the 1st quarter worth $57,000. Clearstead Advisors LLC increased its holdings 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 purchasing an additional 754 shares during the period. Quarry LP raised its position in Vontier by 5,897.1% during the 3rd quarter. Quarry LP now owns 2,099 shares of the company's stock valued at $88,000 after purchasing an additional 2,064 shares in the last quarter. Finally, Parkside Financial Bank & Trust raised its position in Vontier by 152.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,634 shares of the company's stock valued at $98,000 after purchasing an additional 1,591 shares in the last quarter. 95.83% of the stock is owned by hedge funds and other institutional investors.

Vontier Price Performance

Vontier stock opened at $32.94 on Friday. Vontier has a 12-month low of $27.25 and a 12-month 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 moving average price of $31.01 and a 200-day moving average price of $33.81. The firm has a market capitalization of $4.45 billion, a PE ratio of 13.67, a price-to-earnings-growth ratio of 1.13 and a beta of 1.15.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.89 EPS for the quarter, beating 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 company had revenue of $756.70 million for the quarter, compared to the consensus estimate of $747.12 million. During the same period in the prior year, the firm posted $0.79 EPS. The firm's 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, equities research analysts forecast that Vontier will post 3.49 EPS for the current year.

Vontier Announces Dividend

The business 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 $0.025 dividend. 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 4.15%.

Vontier announced that its board has initiated a stock repurchase plan on Tuesday, May 19th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the company to repurchase up to 25.4% of its shares through open market purchases. Shares repurchase plans are often an indication that the company's board of directors believes its shares are undervalued.

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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