Private Management Group Inc. Has $20.64 Million Holdings in Vontier Corporation $VNT

Private Management Group Inc. lifted its position in Vontier Corporation (NYSE:VNT) by 85.4% in the second quarter, HoldingsChannel.com reports. The firm owned 711,753 shares of the company’s stock after acquiring an additional 327,772 shares during the period. Private Management Group Inc.’s holdings in Vontier were worth $20,641,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently bought and sold shares of VNT. Royal Bank of Canada boosted its stake in Vontier by 2.9% during the first quarter. Royal Bank of Canada now owns 47,039 shares of the company’s stock worth $1,545,000 after buying an additional 1,304 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of Vontier by 42.8% in the 1st quarter. Goldman Sachs Group Inc. now owns 386,140 shares of the company’s stock valued at $12,685,000 after buying an additional 115,740 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in shares of Vontier by 11.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 583,565 shares of the company’s stock worth $19,170,000 after acquiring an additional 62,040 shares during the period. Northwestern Mutual Wealth Management Co. lifted its holdings in shares of Vontier by 19.5% during the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,486 shares of the company’s stock worth $129,000 after acquiring an additional 568 shares during the period. Finally, Quantbot Technologies LP bought a new position in shares of Vontier during the 2nd quarter worth about $188,000. 95.83% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently weighed in on the stock. Evercore set a $36.00 target price on shares of Vontier in a research note on Monday, May 11th. Weiss Ratings downgraded Vontier from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 19th. Citigroup lowered their price objective on Vontier from $50.00 to $44.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Wolfe Research reissued an “outperform” rating and issued a $43.00 target price on shares of Vontier in a report on Thursday, July 9th. Finally, KeyCorp raised their target price on Vontier from $35.00 to $40.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $41.00.

Vontier Trading Down 1.0%

Shares of Vontier stock opened at $32.78 on Friday. Vontier Corporation has a 12-month low of $27.25 and a 12-month high of $48.20. The stock has a market capitalization of $4.43 billion, a P/E ratio of 13.60, a price-to-earnings-growth ratio of 1.12 and a beta of 1.15. The company has a 50-day simple moving average of $31.37 and a 200 day simple moving average of $33.58. The company has a quick ratio of 0.94, a current ratio of 1.25 and a debt-to-equity ratio of 1.33.

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

Vontier Announces Dividend

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

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