Van Den Berg Management I Inc. Raises Holdings in Vontier Corporation $VNT

Key Points

• Van Den Berg Management I increased its Vontier stake by 24.6% in the second quarter, adding 54,745 shares to own 276,939 shares valued at approximately $8.0 million. Institutional investors collectively hold 95.83% of Vontier’s stock.
• Vontier beat quarterly earnings expectations, reporting $0.89 EPS versus the $0.80 consensus and revenue of $756.7 million, although revenue declined 2.2% year over year. The company projects fiscal 2026 EPS of $3.45–$3.55.
• The board authorized a $1 billion share repurchase program, covering up to 25.4% of outstanding shares, while the company declared a quarterly dividend of $0.025 per share. Analysts have a consensus “Hold” rating and an average price target of $41.

Van Den Berg Management I Inc. increased its position in Vontier Corporation (NYSE:VNT - Free Report) by 24.6% in the 2nd quarter, according to its most recent filing with the SEC. The fund owned 276,939 shares of the company's stock after purchasing an additional 54,745 shares during the period. Vontier accounts for about 1.7% of Van Den Berg Management I Inc.'s holdings, making the stock its 24th biggest holding. Van Den Berg Management I Inc. owned 0.20% of Vontier worth $8,031,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in VNT. Bessemer Group Inc. boosted its stake in Vontier by 21.6% during the 1st quarter. Bessemer Group Inc. now owns 776,603 shares of the company's stock worth $27,546,000 after purchasing an additional 137,750 shares during the period. Northwestern Mutual Wealth Management Co. boosted its stake in shares of Vontier by 1,950.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 73,758 shares of the company's stock worth $2,742,000 after buying an additional 70,160 shares during the period. ASO GROUP Ltd purchased a new position in shares of Vontier during the fourth quarter worth about $4,390,000. Franklin Resources Inc. grew its holdings in shares of Vontier by 11.1% during the fourth quarter. Franklin Resources Inc. now owns 5,803,510 shares of the company's stock worth $215,774,000 after buying an additional 577,914 shares during the last quarter. Finally, First Trust Advisors LP increased its position in Vontier by 14.2% in the 1st quarter. First Trust Advisors LP now owns 307,265 shares of the company's stock valued at $10,899,000 after acquiring an additional 38,152 shares during the period. Hedge funds and other institutional investors own 95.83% of the company's stock.

Vontier Price Performance

Vontier stock 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 company has a debt-to-equity ratio of 1.33, a quick ratio of 0.94 and a current ratio of 1.25. The business has a fifty day moving average of $31.37 and a two-hundred day moving average of $33.58. The company has a market cap of $4.43 billion, a P/E ratio of 13.60, a price-to-earnings-growth ratio of 1.12 and a beta of 1.15.

Vontier (NYSE:VNT - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.80 by $0.09. Vontier had a net margin of 11.34% and a return on equity of 38.57%. The company had revenue of $756.70 million for the quarter, compared to analyst estimates of $747.12 million. During the same period in the previous year, the firm earned $0.79 EPS. The business's revenue was down 2.2% on a year-over-year basis. Vontier has set its FY 2026 guidance at 3.450-3.550 EPS and its Q3 2026 guidance at 0.820-0.860 EPS. As a group, analysts predict that Vontier Corporation will post 3.49 earnings per share for the current fiscal year.

Vontier declared that its Board of Directors has initiated a share buyback plan on Tuesday, May 19th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the company to repurchase up to 25.4% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company's management believes its stock is undervalued.

Vontier Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be issued a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. Vontier's payout ratio is currently 4.15%.

Wall Street Analysts Forecast Growth

Several analysts have commented on the company. Evercore set a $36.00 price objective on Vontier in a research note on Monday, May 11th. Weiss Ratings cut Vontier from a "hold (c+)" rating to a "hold (c)" rating in a research note on Tuesday, May 19th. Robert W. Baird set a $39.00 price target on Vontier in a report on Friday, August 7th. Wolfe Research reiterated an "outperform" rating and issued a $43.00 price objective on shares of Vontier in a research report on Thursday, July 9th. Finally, Wall Street Zen downgraded shares of Vontier from a "buy" rating to a "hold" rating in a research report on Saturday, May 9th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the company's stock. According to MarketBeat, the company currently has an average rating of "Hold" and a consensus 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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