Argus Downgrades Vontier (NYSE:VNT) to Hold

Vontier (NYSE:VNT) was downgraded by research analysts at Argus from a “buy” rating to a “hold” rating in a note issued to investors on Tuesday.

A number of other equities research analysts have also recently weighed in on VNT. Wall Street Zen cut Vontier from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Citigroup dropped their price target on Vontier from $50.00 to $44.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Evercore set a $36.00 price target on Vontier in a research note on Monday, May 11th. Barclays dropped their price target on Vontier from $50.00 to $45.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Finally, Weiss Ratings cut Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research 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 assigned a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $42.38.

Vontier Trading Up 0.1%

NYSE VNT opened at $29.65 on Tuesday. The company has a market cap of $4.17 billion, a PE ratio of 10.48, a PEG ratio of 1.14 and a beta of 1.24. The company has a current ratio of 1.23, a quick ratio of 0.90 and a debt-to-equity ratio of 1.26. Vontier has a 12 month low of $27.25 and a 12 month high of $48.20. The stock has a 50 day moving average of $34.26 and a 200-day moving average of $36.74.

Vontier (NYSE:VNT) last posted its quarterly 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 net margin of 13.37% and a return on equity of 37.88%. The business had revenue of $750.60 million during the quarter, compared to the consensus estimate of $737.21 million. During the same quarter last year, the company posted $0.77 EPS. The firm’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 research analysts anticipate that Vontier will post 3.41 EPS for the current fiscal year.

Vontier announced that its board has initiated a stock repurchase program on Tuesday, May 19th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to repurchase up to 25.4% of its shares through open market purchases. Shares buyback programs are generally an indication that the company’s board believes its stock is undervalued.

Institutional Trading of Vontier

Several large investors have recently modified their holdings of VNT. Jupiter Asset Management Ltd. acquired a new stake in Vontier in the third quarter valued at about $2,201,000. Allianz Asset Management GmbH boosted its stake in Vontier by 26.7% in the third quarter. Allianz Asset Management GmbH now owns 221,265 shares of the company’s stock valued at $9,286,000 after buying an additional 46,600 shares in the last quarter. Bessemer Group Inc. boosted its stake in Vontier by 3.3% in the third quarter. Bessemer Group Inc. now owns 844,947 shares of the company’s stock valued at $35,464,000 after buying an additional 27,051 shares in the last quarter. JPMorgan Chase & Co. boosted its stake in Vontier by 6.9% in the third quarter. JPMorgan Chase & Co. now owns 427,447 shares of the company’s stock valued at $17,941,000 after buying an additional 27,426 shares in the last quarter. Finally, Neo Ivy Capital Management acquired a new stake in Vontier in the third quarter valued at about $1,004,000. 95.83% of the stock is owned by institutional investors and hedge funds.

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.