Vontier (NYSE:VNT) Board Announces Stock Buyback Program

Vontier (NYSE:VNT) declared that its Board of Directors has approved a share repurchase plan on Tuesday, May 19th, RTT News reports. The company plans to buyback $1.00 billion in shares. This buyback authorization permits the company to repurchase up to 25.4% of its shares through open market purchases. Shares buyback plans are typically an indication that the company’s management believes its shares are undervalued.

Analysts Set New Price Targets

VNT has been the subject of a number of research reports. Weiss Ratings lowered Vontier from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Monday, April 6th. Robert W. Baird set a $37.00 price target on Vontier in a research note on Friday, May 8th. Citigroup lowered their price objective on Vontier from $50.00 to $44.00 and set a “buy” rating for the company in a research note on Friday, May 8th. KeyCorp lowered their price objective on Vontier from $50.00 to $40.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Finally, Evercore set a $36.00 price objective on Vontier in a research note on Monday, May 11th. Six investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Vontier currently has a consensus rating of “Moderate Buy” and a consensus price target of $42.38.

Vontier Trading Down 0.7%

Shares of NYSE:VNT traded down $0.20 during trading on Tuesday, hitting $27.79. The company had a trading volume of 3,058,517 shares, compared to its average volume of 2,024,510. The stock has a market cap of $3.91 billion, a price-to-earnings ratio of 9.82, a price-to-earnings-growth ratio of 1.08 and a beta of 1.24. Vontier has a one year low of $27.74 and a one year high of $48.20. The company has a fifty day simple moving average of $34.94 and a two-hundred day simple moving average of $36.99. 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 (NYSE:VNT) last posted its quarterly earnings data 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 business had revenue of $750.60 million for the quarter, compared to analysts’ expectations of $737.21 million. Vontier had a net margin of 13.37% and a return on equity of 37.88%. Vontier’s revenue was up 1.3% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. As a group, equities analysts forecast that Vontier will post 3.41 earnings per share for the current year.

Vontier Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be given a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.4%. Vontier’s dividend payout ratio is presently 3.53%.

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.