The Manufacturers Life Insurance Company Makes New Investment in Vontier Corporation $VNT

Key Points

• The Manufacturers Life Insurance Company acquired 361,510 Vontier shares worth approximately $10.5 million, representing about 0.27% of the company. Institutional investors collectively own 95.83% of Vontier.
• Vontier exceeded quarterly expectations, reporting $0.89 EPS versus the $0.80 consensus and revenue of $756.7 million, though revenue declined 2.2% year over year. Management guided to fiscal 2026 EPS of $3.45–$3.55.
• The board authorized a $1 billion share buyback, allowing repurchases of up to 25.4% of outstanding shares. Analysts maintain a consensus “Hold” rating with an average price target of $41, compared with a recent share price of $32.78.

The Manufacturers Life Insurance Company acquired a new position in shares of Vontier Corporation (NYSE:VNT - Free Report) in the 2nd quarter, according to the company in its most recent 13F filing with the SEC. The fund acquired 361,510 shares of the company's stock, valued at approximately $10,484,000. The Manufacturers Life Insurance Company owned about 0.27% of Vontier at the end of the most recent quarter.

Several other large investors have also modified their holdings of VNT. Scarborough Advisors LLC acquired a new stake in Vontier during the 1st quarter worth $57,000. Employees Retirement System of Texas purchased a new stake in Vontier in the third quarter valued at $58,000. Clearstead Advisors LLC boosted 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 acquiring an additional 754 shares in the last quarter. Quarry LP boosted its stake in 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 acquiring an additional 2,064 shares in the last quarter. Finally, Parkside Financial Bank & Trust grew its holdings in shares of Vontier by 152.5% during the fourth quarter. Parkside Financial Bank & Trust now owns 2,634 shares of the company's stock worth $98,000 after purchasing an additional 1,591 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company's stock.

Vontier Price Performance

Shares of NYSE:VNT opened at $32.78 on Friday. Vontier Corporation has a one year low of $27.25 and a one year high of $48.20. The stock has a market capitalization of $4.43 billion, a price-to-earnings ratio of 13.60, a PEG ratio of 1.12 and a beta of 1.15. 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 quick ratio of 0.94 and a current ratio of 1.25.

Vontier (NYSE:VNT - Get Free Report) last released its quarterly earnings results on Thursday, August 6th. The company reported $0.89 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.80 by $0.09. The firm had revenue of $756.70 million for the quarter, compared to analyst estimates of $747.12 million. Vontier had a return on equity of 38.57% and a net margin of 11.34%.The business's revenue was down 2.2% on a year-over-year basis. During the same quarter last year, the company posted $0.79 earnings per share. 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, analysts predict that Vontier Corporation will post 3.49 EPS for the current year.

Vontier announced that its board has approved a stock buyback program on Tuesday, May 19th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to reacquire up to 25.4% of its stock through open market purchases. Stock buyback programs are usually a sign that the company's board of directors believes its shares are undervalued.

Vontier Announces Dividend

The business also recently announced 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 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Thursday, September 3rd. Vontier's dividend payout ratio (DPR) is 4.15%.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the company. Weiss Ratings downgraded Vontier from a "hold (c+)" rating to a "hold (c)" rating in a report on Tuesday, May 19th. Wolfe Research restated an "outperform" rating and set a $43.00 price target on shares of Vontier in a research note on Thursday, July 9th. Barclays cut their price target on Vontier from $50.00 to $45.00 and set an "overweight" rating on the stock in a research report on Friday, May 8th. Evercore set a $36.00 price objective on Vontier in a research note on Monday, May 11th. Finally, Robert W. Baird set a $39.00 price objective on Vontier in a report on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average price target 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.

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