Vontier Corporation $VNT Shares Acquired by Fifth Third Bancorp

Fifth Third Bancorp lifted its stake in Vontier Corporation (NYSE:VNT) by 7,840.2% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 166,744 shares of the company’s stock after buying an additional 164,644 shares during the period. Fifth Third Bancorp’s holdings in Vontier were worth $5,914,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Lazard Asset Management LLC boosted its stake in Vontier by 7.7% in the second quarter. Lazard Asset Management LLC now owns 3,534 shares of the company’s stock valued at $129,000 after acquiring an additional 253 shares in the last quarter. Americana Partners LLC grew its holdings in shares of Vontier by 4.9% during the fourth quarter. Americana Partners LLC now owns 6,217 shares of the company’s stock worth $231,000 after purchasing an additional 289 shares during the last quarter. GAMMA Investing LLC increased its position in shares of Vontier by 12.7% during the fourth quarter. GAMMA Investing LLC now owns 2,702 shares of the company’s stock worth $100,000 after purchasing an additional 304 shares in the last quarter. Great Lakes Advisors LLC increased its position in shares of Vontier by 5.6% during the fourth quarter. Great Lakes Advisors LLC now owns 6,104 shares of the company’s stock worth $227,000 after purchasing an additional 321 shares in the last quarter. Finally, HB Wealth Management LLC lifted its holdings in shares of Vontier by 4.3% in the 4th quarter. HB Wealth Management LLC now owns 8,237 shares of the company’s stock valued at $306,000 after purchasing an additional 340 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Vontier Price Performance

Shares of NYSE:VNT opened at $30.57 on Friday. Vontier Corporation has a one year low of $27.25 and a one year high of $48.20. The stock has a market capitalization of $4.30 billion, a price-to-earnings ratio of 10.80, a PEG ratio of 1.12 and a beta of 1.16. The company has a 50-day simple moving average of $29.10 and a 200-day simple moving average of $34.75. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.90 and a current ratio of 1.23.

Vontier (NYSE:VNT) last released its quarterly 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). The company had revenue of $750.60 million for the quarter, compared to analysts’ expectations of $737.21 million. Vontier had a return on equity of 37.88% and a net margin of 13.37%.The business’s quarterly revenue was up 1.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.77 EPS. 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, analysts predict that Vontier Corporation will post 3.39 EPS for the current year.

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

Vontier Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th were paid a $0.025 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Thursday, June 4th. Vontier’s dividend payout ratio (DPR) is 3.53%.

Wall Street Analyst Weigh In

A number of brokerages recently issued reports on VNT. Argus cut Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Citigroup cut their price target on Vontier from $50.00 to $44.00 and set a “buy” rating on the stock in a research report on Friday, May 8th. Barclays reduced their price objective on Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Evercore set a $36.00 price objective on Vontier in a report on Monday, May 11th. Finally, KeyCorp lowered their target price on shares of Vontier from $40.00 to $35.00 and set an “overweight” rating on the stock in a research report on Monday. Six research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $41.89.

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.