Neo Ivy Capital Management Purchases Shares of 23,930 Vontier Corporation $VNT

Neo Ivy Capital Management acquired a new stake in Vontier Corporation (NYSE:VNT) in the third quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 23,930 shares of the company’s stock, valued at approximately $1,004,000.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Corient Private Wealth LLC boosted 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 in the last quarter. Victory Capital Management Inc. increased its stake in Vontier by 4,958.3% in the third quarter. Victory Capital Management Inc. now owns 2,151,517 shares of the company’s stock valued at $90,299,000 after acquiring an additional 2,108,983 shares during the period. Norges Bank acquired a new position in Vontier in the second quarter worth about $66,535,000. Franklin Resources Inc. raised its position in Vontier by 81.6% in the second quarter. Franklin Resources Inc. now owns 2,824,376 shares of the company’s stock worth $104,219,000 after purchasing an additional 1,269,063 shares in the last quarter. Finally, Ceredex Value Advisors LLC lifted its stake in Vontier by 195.2% during the second quarter. Ceredex Value Advisors LLC now owns 1,023,750 shares of the company’s stock worth $37,776,000 after purchasing an additional 677,000 shares during the period. 95.83% of the stock is owned by institutional investors.

Vontier Price Performance

Shares of Vontier stock opened at $38.43 on Friday. The stock has a market capitalization of $5.44 billion, a price-to-earnings ratio of 13.92, a P/E/G ratio of 1.47 and a beta of 1.27. The firm’s 50-day moving average price is $39.26 and its two-hundred day moving average price is $39.57. The company has a current ratio of 1.16, a quick ratio of 0.90 and a debt-to-equity ratio of 1.27. Vontier Corporation has a 1-year low of $27.22 and a 1-year high of $48.20.

Vontier (NYSE:VNT) last posted its earnings results on Thursday, February 12th. The company reported $0.86 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.85 by $0.01. The company had revenue of $808.50 million during the quarter, compared to analysts’ expectations of $765.12 million. Vontier had a net margin of 13.20% and a return on equity of 39.25%. Vontier’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.80 earnings per share. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q1 2026 guidance at 0.780-0.810 EPS. On average, equities analysts predict that Vontier Corporation will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Investors of record on Thursday, March 5th will be 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 is Thursday, March 5th. Vontier’s dividend payout ratio (DPR) is currently 3.62%.

Analyst Upgrades and Downgrades

Several equities research analysts have recently weighed in on the company. Weiss Ratings upgraded Vontier from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd. Barclays raised their target price on Vontier from $47.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, February 13th. Bank of America reaffirmed an “underperform” rating and issued a $40.00 price target (down from $50.00) on shares of Vontier in a research note on Friday, November 14th. Wall Street Zen upgraded Vontier from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Finally, Robert W. Baird set a $47.00 price objective on Vontier in a research note on Thursday, February 19th. Seven investment analysts have rated the stock with a Buy rating, two have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $47.63.

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.