Picton Mahoney Asset Management Purchases New Position in Vontier Corporation $VNT

Picton Mahoney Asset Management purchased a new position in Vontier Corporation (NYSE:VNT) in the third quarter, HoldingsChannel reports. The fund purchased 22,298 shares of the company’s stock, valued at approximately $935,000.

Other institutional investors and hedge funds have also bought and sold shares of the company. Vanguard Group Inc. boosted its position in Vontier by 0.8% during 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 in the last quarter. Corient Private Wealth LLC raised its position in shares of Vontier by 104.6% in the 2nd quarter. Corient Private Wealth LLC now owns 4,793,944 shares of the company’s stock worth $176,897,000 after acquiring an additional 2,450,723 shares in the last quarter. River Road Asset Management LLC lifted its stake in shares of Vontier by 24.5% in the 2nd quarter. River Road Asset Management LLC now owns 3,115,850 shares of the company’s stock valued at $114,975,000 after purchasing an additional 613,746 shares during the period. Franklin Resources Inc. lifted its stake in shares of Vontier by 81.6% in the 2nd quarter. Franklin Resources Inc. now owns 2,824,376 shares of the company’s stock valued at $104,219,000 after purchasing an additional 1,269,063 shares during the period. Finally, Victory Capital Management Inc. boosted its position in shares of Vontier by 4,958.3% during the third quarter. Victory Capital Management Inc. now owns 2,151,517 shares of the company’s stock valued at $90,299,000 after purchasing an additional 2,108,983 shares in the last quarter. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have issued reports on VNT shares. Wall Street Zen upgraded Vontier from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. Weiss Ratings upgraded shares of Vontier from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. KeyCorp upped their target price on shares of Vontier from $45.00 to $50.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Robert W. Baird set a $47.00 price target on shares of Vontier in a research note on Thursday, February 19th. Finally, Barclays lifted their price target on shares of Vontier from $47.00 to $55.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Seven research analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Vontier has an average rating of “Moderate Buy” and an average price target of $47.63.

Vontier Price Performance

Shares of VNT opened at $38.43 on Friday. Vontier Corporation has a twelve month low of $27.22 and a twelve month high of $48.20. The company has a market capitalization of $5.44 billion, a P/E ratio of 13.92, a price-to-earnings-growth ratio of 1.52 and a beta of 1.27. The firm has a 50 day moving average of $39.26 and a 200 day moving average of $39.59. The company has a quick ratio of 0.90, a current ratio of 1.16 and a debt-to-equity ratio of 1.27.

Vontier (NYSE:VNT) last issued its earnings results on Thursday, February 12th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.85 by $0.01. The business had revenue of $808.50 million for the quarter, compared to the consensus estimate of $765.12 million. Vontier had a return on equity of 39.25% and a net margin of 13.20%.The company’s revenue was up 4.1% compared to the same quarter last year. During the same period last year, the business posted $0.80 EPS. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q1 2026 guidance at 0.780-0.810 EPS. As a group, equities research analysts anticipate that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.3%. The ex-dividend date is Thursday, March 5th. Vontier’s dividend payout ratio (DPR) is presently 3.62%.

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.