WINTON GROUP Ltd Buys New Shares in Vontier Corporation $VNT

WINTON GROUP Ltd bought a new position in shares of Vontier Corporation (NYSE:VNT) during the second quarter, HoldingsChannel.com reports. The institutional investor bought 169,332 shares of the company’s stock, valued at approximately $4,911,000.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Integrated Wealth Concepts LLC acquired a new stake in Vontier in the 2nd quarter valued at about $39,000. Employees Retirement System of Texas acquired a new position in Vontier during the third quarter worth approximately $58,000. Scarborough Advisors LLC bought a new stake in Vontier in the first quarter valued at approximately $57,000. Clearstead Advisors LLC raised its stake in Vontier by 82.8% in the fourth quarter. Clearstead Advisors LLC now owns 1,665 shares of the company’s stock valued at $62,000 after buying an additional 754 shares during the period. Finally, Quarry LP lifted its position in shares of Vontier by 5,897.1% in the third quarter. Quarry LP now owns 2,099 shares of the company’s stock valued at $88,000 after buying an additional 2,064 shares during the last quarter. 95.83% of the stock is owned by institutional investors.

Vontier Price Performance

Vontier stock opened at $31.25 on Friday. The company has a market capitalization of $4.23 billion, a price-to-earnings ratio of 12.97, a PEG ratio of 1.09 and a beta of 1.13. The company has a current ratio of 1.25, a quick ratio of 0.94 and a debt-to-equity ratio of 1.33. Vontier Corporation has a 12 month low of $27.25 and a 12 month high of $48.20. The stock’s 50 day moving average is $31.89 and its 200-day moving average is $32.94.

Vontier (NYSE:VNT) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.09. The business had revenue of $756.70 million during 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 firm’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period 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. Equities research analysts expect that Vontier Corporation will post 3.49 EPS for the current year.

Vontier declared that its board has approved a share repurchase 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 shares through open market purchases. Shares buyback programs are usually an indication that the company’s board believes its shares are undervalued.

Vontier Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be given a $0.025 dividend. 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 payout ratio is presently 4.15%.

Analysts Set New Price Targets

VNT has been the subject of several research analyst reports. Wolfe Research reiterated an “outperform” rating and set a $43.00 target price on shares of Vontier in a research note on Thursday, July 9th. Weiss Ratings raised Vontier from a “hold (c-)” rating to a “hold (c)” rating in a report on Friday, September 4th. Robert W. Baird set a $39.00 price objective on shares of Vontier in a research report on Friday, August 7th. Argus downgraded shares of Vontier from a “buy” rating to a “hold” rating in a report on Tuesday, May 26th. Finally, KeyCorp increased their price objective on shares of Vontier from $35.00 to $40.00 and gave the company 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 given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $41.00.

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.