California Public Employees Retirement System Has $10.13 Million Stake in Vontier Corporation $VNT

California Public Employees Retirement System lowered its stake in shares of Vontier Corporation (NYSE:VNT) by 6.9% during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 285,600 shares of the company’s stock after selling 21,014 shares during the period. California Public Employees Retirement System owned approximately 0.20% of Vontier worth $10,130,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of the stock. Bessemer Group Inc. increased its stake in shares of Vontier by 21.6% in the 1st quarter. Bessemer Group Inc. now owns 776,603 shares of the company’s stock valued at $27,546,000 after acquiring an additional 137,750 shares during the last quarter. Allspring Global Investments Holdings LLC bought a new position in Vontier during the 1st quarter worth approximately $3,017,000. Illinois Municipal Retirement Fund grew its holdings in Vontier by 42.4% during the first quarter. Illinois Municipal Retirement Fund now owns 98,780 shares of the company’s stock valued at $3,504,000 after purchasing an additional 29,412 shares during the period. Hillsdale Investment Management Inc. grew its holdings in Vontier by 6.4% during the first quarter. Hillsdale Investment Management Inc. now owns 78,400 shares of the company’s stock valued at $2,781,000 after purchasing an additional 4,700 shares during the period. Finally, Principal Financial Group Inc. increased its stake in Vontier by 1.4% in the first quarter. Principal Financial Group Inc. now owns 316,416 shares of the company’s stock valued at $11,223,000 after purchasing an additional 4,237 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Vontier Stock Up 1.7%

Vontier stock opened at $30.78 on Friday. The stock has a market capitalization of $4.33 billion, a PE ratio of 10.87, a price-to-earnings-growth ratio of 1.16 and a beta of 1.16. Vontier Corporation has a twelve month low of $27.25 and a twelve month high of $48.20. The company has a quick ratio of 0.90, a current ratio of 1.23 and a debt-to-equity ratio of 1.26. The company has a 50 day moving average of $29.23 and a 200-day moving average of $34.46.

Vontier (NYSE:VNT) last issued its quarterly earnings data on Thursday, May 7th. The company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.02). Vontier had a return on equity of 37.88% and a net margin of 13.37%.The company had revenue of $750.60 million for the quarter, compared to the consensus estimate of $737.21 million. During the same period in the prior year, the company earned $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 Corporation will post 3.39 EPS for the current fiscal year.

Vontier Dividend Announcement

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

Vontier declared that its board has authorized a stock repurchase program on Tuesday, May 19th that permits the company 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 programs are usually a sign that the company’s board of directors believes its shares are undervalued.

Analyst Ratings Changes

Several equities research analysts have weighed in on VNT shares. Weiss Ratings lowered shares of Vontier from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 19th. Barclays lowered their price objective on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Evercore set a $36.00 price objective on Vontier in a research note on Monday, May 11th. KeyCorp reduced their target price on Vontier from $40.00 to $35.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Finally, Wall Street Zen cut Vontier from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Six 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. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target 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.