Foster & Motley Inc. Acquires 20,368 Shares of Vontier Corporation $VNT

Foster & Motley Inc. increased its holdings in shares of Vontier Corporation (NYSE:VNT) by 13.3% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 173,642 shares of the company’s stock after purchasing an additional 20,368 shares during the period. Foster & Motley Inc. owned approximately 0.12% of Vontier worth $6,159,000 at the end of the most recent quarter.

Several other institutional investors have also recently added to or reduced their stakes in VNT. Boston Partners acquired a new stake in shares of Vontier during the 4th quarter worth approximately $132,438,000. Corient Private Wealth LLC lifted its position in shares of Vontier by 104.6% during the 2nd quarter. Corient Private Wealth LLC now owns 4,793,944 shares of the company’s stock valued at $176,897,000 after acquiring an additional 2,450,723 shares during the period. Franklin Resources Inc. boosted its stake in Vontier by 85.0% during the third quarter. Franklin Resources Inc. now owns 5,225,596 shares of the company’s stock worth $219,318,000 after acquiring an additional 2,401,220 shares in the last quarter. Victory Capital Management Inc. boosted its stake in Vontier by 4,958.3% during the third quarter. Victory Capital Management Inc. now owns 2,151,517 shares of the company’s stock worth $90,299,000 after acquiring an additional 2,108,983 shares in the last quarter. Finally, Norges Bank acquired a new stake in Vontier in the fourth quarter worth $68,526,000. 95.83% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on VNT shares. Wall Street Zen downgraded shares of Vontier from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Robert W. Baird set a $37.00 target price on Vontier in a research note on Friday, May 8th. KeyCorp decreased their target price on Vontier from $50.00 to $40.00 and set an “overweight” rating for the company in a research report on Friday, May 8th. Argus downgraded Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Finally, Citigroup cut their price target on Vontier from $50.00 to $44.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Vontier currently has a consensus rating of “Hold” and an average price target of $42.38.

Vontier Stock Performance

VNT opened at $30.41 on Friday. Vontier Corporation has a 1-year low of $27.25 and a 1-year high of $48.20. The company has a market cap of $4.28 billion, a price-to-earnings ratio of 10.75, a PEG ratio of 1.14 and a beta of 1.16. The company’s fifty day moving average price is $31.10 and its two-hundred day moving average price is $35.62. The company has a current ratio of 1.23, a quick ratio of 0.90 and a debt-to-equity ratio of 1.26.

Vontier (NYSE:VNT) last posted its earnings results on Thursday, May 7th. The company reported $0.80 EPS 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 business had revenue of $750.60 million for the quarter, compared to the consensus estimate of $737.21 million. During the same period in the previous year, the firm earned $0.77 earnings per share. The company’s revenue was up 1.3% on a year-over-year basis. 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, analysts expect that Vontier Corporation will post 3.39 EPS for the current fiscal year.

Vontier Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th were issued a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date of this dividend was Thursday, June 4th. Vontier’s payout ratio is currently 3.53%.

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

Vontier 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.