25,712 Shares in Vontier Corporation $VNT Acquired by Oppenheimer Asset Management Inc.

Oppenheimer Asset Management Inc. acquired a new stake in shares of Vontier Corporation (NYSE:VNT) in the second quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 25,712 shares of the company’s stock, valued at approximately $746,000.

A number of other large investors have also added to or reduced their stakes in the stock. Lazard Asset Management LLC boosted its holdings in Vontier by 7.7% in the second quarter. Lazard Asset Management LLC now owns 3,534 shares of the company’s stock worth $129,000 after acquiring an additional 253 shares in the last quarter. Americana Partners LLC increased its holdings in shares of Vontier by 4.9% during the fourth quarter. Americana Partners LLC now owns 6,217 shares of the company’s stock valued at $231,000 after acquiring an additional 289 shares in the last quarter. Great Lakes Advisors LLC increased its holdings in shares of Vontier by 5.6% during the fourth quarter. Great Lakes Advisors LLC now owns 6,104 shares of the company’s stock valued at $227,000 after acquiring an additional 321 shares in the last quarter. HB Wealth Management LLC raised its position in shares of Vontier by 4.3% in the 4th quarter. HB Wealth Management LLC now owns 8,237 shares of the company’s stock worth $306,000 after purchasing an additional 340 shares during the last quarter. Finally, Deutsche Bank AG raised its position in shares of Vontier by 2.2% in the 4th quarter. Deutsche Bank AG now owns 17,829 shares of the company’s stock worth $663,000 after purchasing an additional 390 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Vontier Trading Down 1.6%

Vontier stock opened at $32.33 on Tuesday. Vontier Corporation has a one year low of $27.25 and a one year high of $48.20. The business’s fifty day moving average is $30.70 and its 200 day moving average is $33.91. The stock has a market capitalization of $4.37 billion, a PE ratio of 13.41, a price-to-earnings-growth ratio of 1.13 and a beta of 1.15. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.25 and a quick ratio of 0.94.

Vontier (NYSE:VNT) last issued its earnings results on Thursday, August 6th. The company reported $0.89 earnings per share for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. The business had revenue of $756.70 million during the quarter, compared to analyst estimates of $747.12 million. Vontier had a return on equity of 38.57% and a net margin of 11.34%.Vontier’s revenue was down 2.2% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.79 EPS. Vontier has set its FY 2026 guidance at 3.450-3.550 EPS and its Q3 2026 guidance at 0.820-0.860 EPS. On average, sell-side analysts predict that Vontier Corporation will post 3.49 EPS for the current year.

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

Vontier Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be given a dividend of $0.025 per share. The ex-dividend date is Thursday, September 3rd. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. Vontier’s dividend payout ratio is 4.15%.

Analyst Upgrades and Downgrades

Several analysts recently commented on VNT shares. Argus downgraded shares of Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Evercore set a $36.00 target price on shares of Vontier in a report on Monday, May 11th. Barclays dropped their target price on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Wall Street Zen cut shares of Vontier from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, KeyCorp raised their price target on shares of Vontier from $35.00 to $40.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Five research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $41.00.

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.