Hillsdale Investment Management Inc. Has $2.74 Million Holdings in Vontier Corporation $VNT

Hillsdale Investment Management Inc. cut its position in shares of Vontier Corporation (NYSE:VNT) by 25.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 73,700 shares of the company’s stock after selling 25,600 shares during the quarter. Hillsdale Investment Management Inc. owned about 0.05% of Vontier worth $2,740,000 at the end of the most recent reporting period.

Several other large investors also recently modified their holdings of VNT. Corient Private Wealth LLC grew its holdings in Vontier by 104.6% in the second quarter. Corient Private Wealth LLC now owns 4,793,944 shares of the company’s stock worth $176,897,000 after purchasing an additional 2,450,723 shares during the period. Franklin Resources Inc. grew its holdings in Vontier by 85.0% in the third quarter. Franklin Resources Inc. now owns 5,225,596 shares of the company’s stock worth $219,318,000 after purchasing an additional 2,401,220 shares during the period. Victory Capital Management Inc. grew its holdings in 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 period. Arrowstreet Capital Limited Partnership grew its holdings in Vontier by 107.7% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,944,880 shares of the company’s stock worth $81,627,000 after purchasing an additional 1,008,340 shares during the period. Finally, AQR Capital Management LLC grew its holdings in Vontier by 128.0% in the second quarter. AQR Capital Management LLC now owns 821,363 shares of the company’s stock worth $30,308,000 after purchasing an additional 461,173 shares during the period. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Vontier Trading Up 0.1%

VNT opened at $28.40 on Monday. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.23 and a quick ratio of 0.90. 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 capitalization of $4.00 billion, a PE ratio of 10.04, a P/E/G ratio of 1.07 and a beta of 1.16. The company’s 50-day moving average is $33.70 and its 200 day moving average is $36.49.

Vontier (NYSE:VNT) last posted its earnings results on Thursday, May 7th. The company reported $0.80 earnings per share 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 business had revenue of $750.60 million during the quarter, compared to analyst estimates of $737.21 million. During the same quarter in the prior year, the company earned $0.77 EPS. The company’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. As a group, research analysts predict that Vontier Corporation will post 3.39 earnings per share for the current fiscal year.

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

Vontier Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Investors of record on Thursday, June 4th will be issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date is Thursday, June 4th. Vontier’s dividend payout ratio is currently 3.53%.

Wall Street Analysts Forecast Growth

VNT has been the subject of a number of research reports. KeyCorp reduced their price target on shares of Vontier from $50.00 to $40.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Robert W. Baird set a $37.00 price target on shares of Vontier in a report on Friday, May 8th. Citigroup reduced their price target 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. Argus cut shares of Vontier from a “buy” rating to a “hold” rating in a report on Tuesday, May 26th. Finally, Weiss Ratings cut shares of Vontier from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 19th. Five research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $42.38.

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.