Van Den Berg Management I Inc. Grows Stake in Vontier Corporation $VNT

Van Den Berg Management I Inc. increased its position in shares of Vontier Corporation (NYSE:VNT) by 24.6% in the 2nd quarter, according to the company in its most recent disclosure with the SEC. The fund owned 276,939 shares of the company’s stock after purchasing an additional 54,745 shares during the quarter. Vontier accounts for 1.7% of Van Den Berg Management I Inc.’s investment portfolio, making the stock its 24th biggest holding. Van Den Berg Management I Inc.’s holdings in Vontier were worth $8,031,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Royal Bank of Canada boosted its position 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 purchasing an additional 1,304 shares in the last quarter. Goldman Sachs Group Inc. increased its position in shares of Vontier by 42.8% in the first 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 raised its stake 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 buying an additional 62,040 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake 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 buying an additional 568 shares during the last quarter. Finally, Quantbot Technologies LP purchased a new stake in shares of Vontier in the 2nd quarter worth about $188,000. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities research analysts recently commented on VNT shares. Argus cut shares of Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, May 26th. KeyCorp upped their price target on shares of Vontier from $35.00 to $40.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Wall Street Zen lowered shares of Vontier from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Wolfe Research restated an “outperform” rating and set a $43.00 price objective on shares of Vontier in a research report on Thursday, July 9th. Finally, Barclays cut their price objective on Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Four analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $41.00.

Vontier Stock Performance

Shares of NYSE VNT opened at $32.78 on Friday. 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 debt-to-equity ratio of 1.33, a current ratio of 1.25 and a quick ratio of 0.94. The company has a market cap of $4.43 billion, a PE ratio of 13.60, a price-to-earnings-growth ratio of 1.12 and a beta of 1.15. Vontier Corporation has a 12 month low of $27.25 and a 12 month high of $48.20.

Vontier (NYSE:VNT) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.89 earnings per share (EPS) for the quarter, beating 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 business 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 firm posted $0.79 earnings per share. The company’s quarterly revenue was down 2.2% compared to the same quarter last year. 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, equities analysts anticipate that Vontier Corporation will post 3.49 earnings per share for the current year.

Vontier Dividend Announcement

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

Vontier announced that its Board of Directors has approved a share buyback plan on Tuesday, May 19th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to buy up to 25.4% of its shares through open market purchases. Shares repurchase plans are usually an indication that the company’s leadership believes its shares are 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.