Oppenheimer Asset Management Inc. Purchases New Stake in Vontier Corporation $VNT

Oppenheimer Asset Management Inc. purchased a new position in Vontier Corporation (NYSE:VNT) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 25,712 shares of the company’s stock, valued at approximately $746,000.

Other large investors have also added to or reduced their stakes in the company. Bessemer Group Inc. increased its holdings in Vontier by 21.6% during the 1st quarter. Bessemer Group Inc. now owns 776,603 shares of the company’s stock valued at $27,546,000 after purchasing an additional 137,750 shares during the period. Northwestern Mutual Wealth Management Co. grew its position in shares of Vontier by 1,950.0% in the 4th 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 last quarter. ASO GROUP Ltd bought a new stake in shares of Vontier in the 4th quarter worth approximately $4,390,000. Franklin Resources Inc. increased its stake 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 valued at $215,774,000 after buying an additional 577,914 shares during the period. Finally, Brandywine Global Investment Management LLC increased its stake in shares of Vontier by 8.1% during the fourth quarter. Brandywine Global Investment Management LLC now owns 1,495,686 shares of the company’s stock valued at $55,610,000 after buying an additional 111,465 shares during the period. Institutional investors own 95.83% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts recently commented on VNT shares. Argus lowered Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Evercore set a $36.00 price objective on shares of Vontier in a research report on Monday, May 11th. 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. Citigroup dropped their target price on shares of Vontier from $50.00 to $44.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Finally, Robert W. Baird set a $39.00 target price on shares of Vontier in a research note on Friday, August 7th. Five 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’s stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus price target of $41.00.

Vontier Trading Down 1.6%

VNT opened at $32.33 on Tuesday. The company has a quick ratio of 0.94, a current ratio of 1.25 and a debt-to-equity ratio of 1.33. Vontier Corporation has a 52 week low of $27.25 and a 52 week high of $48.20. The stock has a market cap of $4.37 billion, a PE ratio of 13.41, a PEG ratio of 1.13 and a beta of 1.15. The business has a 50 day moving average of $30.70 and a 200-day moving average of $33.91.

Vontier (NYSE:VNT) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.89 earnings per share for the quarter, topping the consensus estimate of $0.80 by $0.09. The company had revenue of $756.70 million for the quarter, compared to analysts’ expectations of $747.12 million. Vontier had a return on equity of 38.57% and a net margin of 11.34%.The firm’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same period in the prior year, the firm earned $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. Equities research analysts predict that Vontier Corporation will post 3.49 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Investors 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 presently 4.15%.

Vontier announced that its Board of Directors has authorized a share buyback program on Tuesday, May 19th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to buy up to 25.4% of its stock through open market purchases. Stock repurchase programs are typically an indication that the company’s board believes its shares are undervalued.

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.