Livforsakringsbolaget Skandia Omsesidigt Makes New Investment in Vontier Corporation $VNT

Livforsakringsbolaget Skandia Omsesidigt bought a new position in Vontier Corporation (NYSE:VNT) in the 4th quarter, HoldingsChannel reports. The institutional investor bought 21,700 shares of the company’s stock, valued at approximately $807,000.

Several other large investors have also added to or reduced their stakes in VNT. Corient Private Wealth LLC boosted its stake in Vontier by 104.6% in the 2nd quarter. Corient Private Wealth LLC now owns 4,793,944 shares of the company’s stock worth $176,897,000 after purchasing an additional 2,450,723 shares during the period. Franklin Resources Inc. boosted its stake in Vontier by 85.0% in the 3rd quarter. Franklin Resources Inc. now owns 5,225,596 shares of the company’s stock worth $219,318,000 after purchasing an additional 2,401,220 shares during the period. Victory Capital Management Inc. boosted its position in shares of Vontier by 4,958.3% during the 3rd quarter. Victory Capital Management Inc. now owns 2,151,517 shares of the company’s stock valued at $90,299,000 after acquiring an additional 2,108,983 shares during the last quarter. Norges Bank bought a new stake in shares of Vontier during the 4th quarter valued at about $68,526,000. Finally, Arrowstreet Capital Limited Partnership boosted its position in shares of Vontier by 107.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,944,880 shares of the company’s stock valued at $81,627,000 after acquiring an additional 1,008,340 shares during the last quarter. Institutional investors own 95.83% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on the company. Barclays dropped their price target on Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. 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. 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. Robert W. Baird set a $37.00 price target on Vontier in a research report on Friday, May 8th. Finally, Wall Street Zen downgraded Vontier from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Vontier currently has a consensus rating of “Hold” and an average target price of $42.38.

Vontier Stock Performance

NYSE:VNT opened at $28.19 on Friday. The business has a 50 day moving average of $32.92 and a 200 day moving average of $36.20. The company has a market capitalization of $3.97 billion, a price-to-earnings ratio of 9.96, a PEG ratio of 1.07 and a beta of 1.16. Vontier Corporation has a 1-year low of $27.25 and a 1-year high of $48.20. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.23 and a quick ratio of 0.90.

Vontier (NYSE:VNT) last released its earnings results 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 firm had revenue of $750.60 million during the quarter, compared to the consensus estimate 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% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $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, sell-side analysts predict that Vontier Corporation will post 3.39 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, June 25th. Investors of record on Thursday, June 4th will be given a $0.025 dividend. The ex-dividend date 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 presently 3.53%.

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