VIRGINIA RETIREMENT SYSTEMS ET Al Makes New $1.84 Million Investment in Vontier Corporation $VNT

VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of Vontier Corporation (NYSE:VNT) in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor bought 63,469 shares of the company’s stock, valued at approximately $1,841,000.

Several other large investors also recently modified their holdings of VNT. Scarborough Advisors LLC purchased a new stake in Vontier in the first quarter worth $57,000. Employees Retirement System of Texas purchased a new stake in shares of Vontier during the third quarter worth $58,000. Clearstead Advisors LLC boosted its holdings in shares of Vontier by 82.8% in the fourth quarter. Clearstead Advisors LLC now owns 1,665 shares of the company’s stock worth $62,000 after acquiring an additional 754 shares during the period. Quarry LP boosted its holdings in shares of Vontier by 5,897.1% in the third quarter. Quarry LP now owns 2,099 shares of the company’s stock worth $88,000 after acquiring an additional 2,064 shares during the period. Finally, Parkside Financial Bank & Trust grew its position in shares of Vontier by 152.5% in the fourth quarter. Parkside Financial Bank & Trust now owns 2,634 shares of the company’s stock valued at $98,000 after purchasing an additional 1,591 shares in the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Vontier Price Performance

Vontier stock opened at $32.19 on Friday. The stock has a market cap of $4.35 billion, a price-to-earnings ratio of 13.35, a PEG ratio of 1.07 and a beta of 1.13. The company has a quick ratio of 0.94, a current ratio of 1.25 and a debt-to-equity ratio of 1.33. The business has a 50-day simple moving average of $31.96 and a 200 day simple moving average of $32.94. Vontier Corporation has a 52 week low of $27.25 and a 52 week high of $48.20.

Vontier (NYSE:VNT) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.09. The firm had revenue of $756.70 million for the quarter, compared to analysts’ expectations of $747.12 million. Vontier had a return on equity of 38.57% and a net margin of 11.34%.The company’s revenue was down 2.2% compared to the same quarter last year. During the same quarter last year, the firm posted $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, research analysts forecast that Vontier Corporation will post 3.49 earnings per share for the current fiscal year.

Vontier announced that its board has authorized a stock buyback plan on Tuesday, May 19th that authorizes the company to buyback $1.00 billion in outstanding shares. This buyback authorization authorizes the company to buy up to 25.4% of its stock through open market purchases. Stock buyback plans are generally an indication that the company’s board believes its stock is undervalued.

Vontier Announces Dividend

The business 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 $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend is Thursday, September 3rd. Vontier’s payout ratio is currently 4.15%.

Wall Street Analysts Forecast Growth

A number of analysts recently issued reports on the company. Argus lowered Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, May 26th. KeyCorp lifted their target price on Vontier from $35.00 to $40.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Wolfe Research restated an “outperform” rating and issued a $43.00 price objective on shares of Vontier in a research report on Thursday, July 9th. Weiss Ratings raised shares of Vontier from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, September 4th. Finally, Robert W. Baird set a $39.00 target price on shares of Vontier in a report on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $41.00.

About Vontier

Vontier Corporation (NYSE: VNT) is a global technology company that provides solutions for mobility, transportation and vehicle service industries. Its products and software help businesses manage fueling, fleet operations, vehicle maintenance, payments and other aspects of transportation infrastructure.

Vontier’s portfolio includes fueling equipment and payment systems, fuel management and site-management technologies, electric vehicle charging solutions, fleet management and telematics software, and tools and equipment used in automotive repair.