Foster & Motley Inc. Boosts Stock Holdings in Vontier Corporation $VNT

Foster & Motley Inc. lifted its position in Vontier Corporation (NYSE:VNT) by 13.3% in the 1st quarter, HoldingsChannel.com reports. The fund owned 173,642 shares of the company’s stock after acquiring an additional 20,368 shares during the quarter. Foster & Motley Inc.’s holdings in Vontier were worth $6,159,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Royal Bank of Canada lifted its position in shares of Vontier by 2.9% during the 1st 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. grew its holdings 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 acquiring an additional 115,740 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in shares of Vontier by 11.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 583,565 shares of the company’s stock valued at $19,170,000 after acquiring an additional 62,040 shares during the last quarter. Northwestern Mutual Wealth Management Co. lifted its holdings in Vontier by 19.5% during the second 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 stake in Vontier during the second quarter worth $188,000. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Analyst Ratings Changes

VNT has been the subject of a number of recent analyst reports. Citigroup reduced their price objective on Vontier from $50.00 to $44.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Robert W. Baird set a $37.00 price target on shares of Vontier in a report on Friday, May 8th. Weiss Ratings lowered shares of Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Evercore set a $36.00 price objective on shares of Vontier in a research report on Monday, May 11th. Finally, Argus cut shares of Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Five investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned 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 price target of $42.38.

Vontier Stock Up 0.5%

Shares of NYSE VNT opened at $30.41 on Friday. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.23 and a quick ratio of 0.90. The stock has a market capitalization of $4.28 billion, a PE ratio of 10.75, a P/E/G ratio of 1.14 and a beta of 1.16. 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 price is $31.10 and its 200-day moving average price is $35.62.

Vontier (NYSE:VNT) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.80 earnings per share for the quarter, missing the consensus estimate of $0.82 by ($0.02). Vontier had a return on equity of 37.88% and a net margin of 13.37%.The firm had revenue of $750.60 million during the quarter, compared to analysts’ expectations of $737.21 million. During the same period last year, the business posted $0.77 EPS. The company’s revenue was up 1.3% compared to the same quarter last year. 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, equities research analysts anticipate that Vontier Corporation will post 3.39 EPS for the current year.

Vontier declared that its board has authorized a share repurchase plan on Tuesday, May 19th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to purchase up to 25.4% of its stock through open market purchases. Stock repurchase plans are generally a sign that the company’s management believes its shares are undervalued.

Vontier Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th were given a $0.025 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $0.10 annualized dividend and a dividend yield of 0.3%. Vontier’s payout ratio is 3.53%.

About Vontier

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.