1,843,092 Shares in Vontier Corporation $VNT Acquired by Norges Bank

Norges Bank purchased a new position in shares of Vontier Corporation (NYSE:VNT) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 1,843,092 shares of the company’s stock, valued at approximately $68,526,000. Norges Bank owned approximately 1.27% of Vontier as of its most recent filing with the Securities & Exchange Commission.

Several other large investors have also recently made changes to their positions in VNT. Allworth Financial LP increased its position in shares of Vontier by 212.9% during the third quarter. Allworth Financial LP now owns 948 shares of the company’s stock worth $40,000 after purchasing an additional 645 shares in the last quarter. Employees Retirement System of Texas purchased a new stake in shares of Vontier during the third quarter worth approximately $58,000. Clearstead Advisors LLC increased its position in shares of Vontier by 82.8% during the fourth quarter. Clearstead Advisors LLC now owns 1,665 shares of the company’s stock worth $62,000 after purchasing an additional 754 shares in the last quarter. Quarry LP increased its position in shares of Vontier by 5,897.1% during the third quarter. Quarry LP now owns 2,099 shares of the company’s stock worth $88,000 after purchasing an additional 2,064 shares in the last quarter. Finally, 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. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

VNT has been the subject of several research reports. KeyCorp dropped their price target on Vontier from $50.00 to $40.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Wall Street Zen cut Vontier from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Evercore set a $36.00 price target on Vontier in a research report on Monday, May 11th. Citigroup dropped their price target on Vontier from $50.00 to $44.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Finally, Robert W. Baird set a $37.00 price target on Vontier in a research report on Friday, May 8th. Five equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Vontier currently has an average rating of “Hold” and an average price target of $42.38.

Vontier Stock Performance

NYSE VNT opened at $28.19 on Friday. The stock’s fifty day moving average is $32.92 and its two-hundred day moving average is $36.20. The firm has a market capitalization of $3.97 billion, a P/E ratio of 9.96, a price-to-earnings-growth ratio of 1.06 and a beta of 1.16. 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 Corporation has a fifty-two week low of $27.25 and a fifty-two week high of $48.20.

Vontier (NYSE:VNT) last released its quarterly earnings data 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). The company had revenue of $750.60 million for the quarter, compared to analyst estimates 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% on a year-over-year basis. During the same period last year, the firm posted $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, research analysts anticipate that Vontier Corporation will post 3.39 earnings per share for the current year.

Vontier Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be paid 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 yield of 0.4%. Vontier’s payout ratio is 3.53%.

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

Vontier 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.