LSV Asset Management Purchases 240,400 Shares of Vontier Corporation $VNT

LSV Asset Management increased its position in Vontier Corporation (NYSE:VNT) by 14.4% in the fourth quarter, Holdings Channel.com reports. The fund owned 1,910,586 shares of the company’s stock after purchasing an additional 240,400 shares during the period. LSV Asset Management’s holdings in Vontier were worth $71,036,000 as of its most recent SEC filing.

Other hedge funds also recently added to or reduced their stakes in the company. Allworth Financial LP raised its holdings in Vontier by 212.9% in the 3rd quarter. Allworth Financial LP now owns 948 shares of the company’s stock worth $40,000 after acquiring an additional 645 shares during the last quarter. Employees Retirement System of Texas purchased a new position in Vontier in the 3rd quarter worth approximately $58,000. Quarry LP raised its holdings in Vontier by 5,897.1% in the 3rd quarter. Quarry LP now owns 2,099 shares of the company’s stock worth $88,000 after acquiring an additional 2,064 shares during the last quarter. GAMMA Investing LLC raised its holdings in Vontier by 12.7% in the 4th quarter. GAMMA Investing LLC now owns 2,702 shares of the company’s stock worth $100,000 after acquiring an additional 304 shares during the last quarter. Finally, Global Retirement Partners LLC raised its holdings in Vontier by 3,928.6% in the 4th quarter. Global Retirement Partners LLC now owns 3,384 shares of the company’s stock worth $126,000 after acquiring an additional 3,300 shares during the last quarter. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Vontier Trading Up 2.5%

NYSE:VNT opened at $29.65 on Friday. 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 Corporation has a 12 month low of $27.25 and a 12 month high of $48.20. The company has a market cap of $4.17 billion, a PE ratio of 10.48, a price-to-earnings-growth ratio of 1.14 and a beta of 1.24. The company has a 50 day simple moving average of $34.39 and a two-hundred day simple moving average of $36.80.

Vontier (NYSE:VNT) last posted its earnings results on Thursday, May 7th. The company reported $0.80 EPS for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.02). Vontier had a return on equity of 37.88% and a net margin of 13.37%.The company had revenue of $750.60 million during the quarter, compared to the consensus estimate of $737.21 million. During the same period last year, the firm posted $0.77 EPS. The company’s revenue for the quarter 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. Research analysts forecast that Vontier Corporation will post 3.41 earnings per share for the current year.

Vontier announced that its Board of Directors has initiated a share repurchase plan on Tuesday, May 19th that allows the company to buyback $1.00 billion in shares. This buyback authorization allows the company to reacquire up to 25.4% of its shares through open market purchases. Shares buyback plans are generally an indication that the company’s board of directors believes its stock is undervalued.

Vontier Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, June 25th. Stockholders of record on Thursday, June 4th will be given a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, June 4th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. Vontier’s payout ratio is presently 3.53%.

Wall Street Analyst Weigh In

A number of equities analysts recently weighed in on VNT shares. Evercore set a $36.00 price objective on shares of Vontier in a report on Monday, May 11th. Wall Street Zen lowered shares of Vontier from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Barclays decreased their price objective on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Robert W. Baird set a $37.00 price objective on shares of Vontier in a report on Friday, May 8th. Finally, Weiss Ratings lowered shares of Vontier from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday. Six 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. Based on data from MarketBeat, Vontier currently has an average rating of “Moderate Buy” and an average target price of $42.38.

About Vontier

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.