Vontier Corporation $VNT Shares Purchased by Sei Investments Co.

Sei Investments Co. grew its holdings in shares of Vontier Corporation (NYSE:VNT) by 4.6% during the first quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 429,535 shares of the company’s stock after buying an additional 18,753 shares during the period. Sei Investments Co. owned 0.31% of Vontier worth $15,235,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. First Trust Advisors LP increased its position 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 acquiring an additional 38,152 shares during the period. Scarborough Advisors LLC acquired a new position in Vontier during the 1st quarter worth $57,000. Bessemer Group Inc. grew its stake in shares of Vontier by 21.6% in the first 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. Allspring Global Investments Holdings LLC bought a new position in shares of Vontier in the first quarter worth $3,017,000. Finally, Illinois Municipal Retirement Fund increased its holdings in shares of Vontier by 42.4% during the first quarter. Illinois Municipal Retirement Fund now owns 98,780 shares of the company’s stock valued at $3,504,000 after purchasing an additional 29,412 shares during the period. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Vontier Trading Down 0.9%

Shares of Vontier stock opened at $31.95 on Friday. The business has a fifty day simple moving average of $29.55 and a 200-day simple moving average of $34.26. Vontier Corporation has a fifty-two week low of $27.25 and a fifty-two week high of $48.20. The firm has a market cap of $4.50 billion, a price-to-earnings ratio of 11.29, a price-to-earnings-growth ratio of 1.22 and a beta of 1.16. The company has a quick ratio of 0.90, a current ratio of 1.23 and a debt-to-equity ratio of 1.26.

Vontier (NYSE:VNT) last released its earnings results on Thursday, May 7th. The company reported $0.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.02). Vontier had a return on equity of 37.88% and a net margin of 13.37%.The firm had revenue of $750.60 million for the quarter, compared to analyst estimates of $737.21 million. During the same period in the previous year, the firm earned $0.77 earnings per share. Vontier’s revenue was up 1.3% on a year-over-year basis. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q2 2026 guidance at 0.780-0.810 EPS. On average, equities analysts forecast that Vontier Corporation will post 3.39 EPS for the current fiscal year.

Vontier Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 4th were issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Thursday, June 4th. Vontier’s payout ratio is presently 3.53%.

Vontier announced that its Board of Directors has authorized a share buyback program on Tuesday, May 19th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the company to purchase up to 25.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company’s board believes its stock is undervalued.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on the stock. Argus cut shares of Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, May 26th. KeyCorp dropped their price target on shares of Vontier from $40.00 to $35.00 and set an “overweight” rating on the stock in a research report on Monday, July 13th. Evercore set a $36.00 price target on shares of Vontier in a research note on Monday, May 11th. Weiss Ratings lowered shares of Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 19th. Finally, Citigroup decreased their price objective on shares of Vontier from $50.00 to $44.00 and set a “buy” rating for the company in a report on Friday, May 8th. Six research analysts have rated the stock with a Buy rating, three have issued 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 target price of $41.89.

Vontier Company Profile

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.