Stanley Capital Management LLC acquired a new stake in Vontier Corporation (NYSE:VNT – Free Report) during the second quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 536,000 shares of the company’s stock, valued at approximately $15,544,000. Vontier comprises about 2.1% of Stanley Capital Management LLC’s investment portfolio, making the stock its 23rd biggest position. Stanley Capital Management LLC owned approximately 0.40% of Vontier as of its most recent filing with the SEC.
Other large investors also recently modified their holdings of the company. Bessemer Group Inc. grew its holdings in Vontier by 21.6% during the 1st quarter. Bessemer Group Inc. now owns 776,603 shares of the company’s stock worth $27,546,000 after acquiring an additional 137,750 shares during the period. Northwestern Mutual Wealth Management Co. boosted its position in shares of Vontier by 1,950.0% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 73,758 shares of the company’s stock valued at $2,742,000 after purchasing an additional 70,160 shares in the last quarter. ASO GROUP Ltd bought a new stake in shares of Vontier during the 4th quarter valued at about $4,390,000. Franklin Resources Inc. grew its stake in Vontier by 11.1% during the fourth quarter. Franklin Resources Inc. now owns 5,803,510 shares of the company’s stock worth $215,774,000 after purchasing an additional 577,914 shares during the period. Finally, First Trust Advisors LP grew its stake in Vontier by 14.2% during the first quarter. First Trust Advisors LP now owns 307,265 shares of the company’s stock worth $10,899,000 after purchasing an additional 38,152 shares during the period. 95.83% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several brokerages have issued reports on VNT. Weiss Ratings lowered Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 19th. Robert W. Baird set a $39.00 price objective on shares of Vontier in a research note on Friday, August 7th. Evercore set a $36.00 target price on shares of Vontier in a research report on Monday, May 11th. Wolfe Research reissued an “outperform” rating and set a $43.00 target price on shares of Vontier in a research note on Thursday, July 9th. Finally, Wall Street Zen downgraded shares of Vontier from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $41.00.
Vontier Stock Performance
NYSE VNT opened at $33.38 on Wednesday. The company has a market cap of $4.51 billion, a P/E ratio of 13.85, a PEG ratio of 1.14 and a beta of 1.15. The company has a fifty day simple moving average of $31.16 and a 200 day simple moving average of $33.69. The company has a current ratio of 1.25, a quick ratio of 0.94 and a debt-to-equity ratio of 1.33. Vontier Corporation has a 12-month low of $27.25 and a 12-month high of $48.20.
Vontier (NYSE:VNT – Get Free Report) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.09. Vontier had a net margin of 11.34% and a return on equity of 38.57%. The firm had revenue of $756.70 million for the quarter, compared to the consensus estimate of $747.12 million. During the same quarter in the prior year, the company posted $0.79 earnings per share. The business’s revenue was down 2.2% on a year-over-year basis. Vontier has set its FY 2026 guidance at 3.450-3.550 EPS and its Q3 2026 guidance at 0.820-0.860 EPS. Sell-side analysts predict that Vontier Corporation will post 3.49 earnings per share for the current fiscal year.
Vontier Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be issued a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Thursday, September 3rd. Vontier’s dividend payout ratio is currently 4.15%.
Vontier announced that its Board of Directors has approved a stock repurchase program on Tuesday, May 19th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the company to purchase up to 25.4% of its shares through open market purchases. Shares repurchase programs are typically an indication that the company’s leadership believes its stock is undervalued.
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.
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