Front Street Capital Management Inc. Takes Position in Vontier Corporation $VNT

Front Street Capital Management Inc. bought a new position in Vontier Corporation (NYSE:VNT) in the second quarter, according to its most recent filing with the SEC. The firm bought 175,070 shares of the company’s stock, valued at approximately $5,077,000. Vontier makes up 0.6% of Front Street Capital Management Inc.’s investment portfolio, making the stock its 28th largest position. Front Street Capital Management Inc. owned 0.13% of Vontier as of its most recent filing with the SEC.

Several other large investors also recently bought and sold shares of VNT. Lazard Asset Management LLC lifted its stake in shares of Vontier by 7.7% during the second quarter. Lazard Asset Management LLC now owns 3,534 shares of the company’s stock worth $129,000 after buying an additional 253 shares during the period. Americana Partners LLC grew its holdings in shares of Vontier by 4.9% during the fourth quarter. Americana Partners LLC now owns 6,217 shares of the company’s stock valued at $231,000 after buying an additional 289 shares during the last quarter. Great Lakes Advisors LLC increased its position in shares of Vontier by 5.6% in the 4th quarter. Great Lakes Advisors LLC now owns 6,104 shares of the company’s stock valued at $227,000 after acquiring an additional 321 shares during the period. HB Wealth Management LLC increased its position in shares of Vontier by 4.3% in the 4th quarter. HB Wealth Management LLC now owns 8,237 shares of the company’s stock valued at $306,000 after acquiring an additional 340 shares during the period. Finally, Deutsche Bank AG raised its stake in Vontier by 2.2% in the 4th quarter. Deutsche Bank AG now owns 17,829 shares of the company’s stock worth $663,000 after acquiring an additional 390 shares during the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Wall Street Analysts Forecast Growth

VNT has been the topic of several research analyst reports. Citigroup dropped their price target on Vontier from $50.00 to $44.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Barclays reduced their price objective on Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Weiss Ratings downgraded Vontier from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 19th. Argus lowered Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Finally, Robert W. Baird set a $39.00 price target on shares of Vontier in a report on Friday, August 7th. Four 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. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $41.00.

Vontier Trading Up 0.7%

Shares of NYSE:VNT opened at $33.20 on Tuesday. Vontier Corporation has a 12-month low of $27.25 and a 12-month high of $48.20. The company has a market capitalization of $4.49 billion, a PE ratio of 13.78, a PEG ratio of 1.13 and a beta of 1.15. The business has a 50 day moving average of $31.09 and a two-hundred day moving average of $33.74. The company has a current ratio of 1.25, a quick ratio of 0.94 and a debt-to-equity ratio of 1.33.

Vontier (NYSE:VNT) last released its quarterly earnings data on Thursday, August 6th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.80 by $0.09. The business had revenue of $756.70 million for the quarter, compared to analyst estimates of $747.12 million. Vontier had a return on equity of 38.57% and a net margin of 11.34%.The business’s quarterly revenue was down 2.2% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.79 EPS. 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 forecast that Vontier Corporation will post 3.49 EPS for the current year.

Vontier Dividend Announcement

The company also recently declared 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 dividend payout ratio is 4.15%.

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

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.