Livforsakringsbolaget Skandia Omsesidigt Purchases New Shares in Vontier Corporation $VNT

Livforsakringsbolaget Skandia Omsesidigt purchased a new stake in Vontier Corporation (NYSE:VNT) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor purchased 21,700 shares of the company’s stock, valued at approximately $807,000.

A number of other institutional investors and hedge funds have also bought and sold shares of VNT. Vise Technologies Inc. increased its position in shares of Vontier by 7.8% during the 4th quarter. Vise Technologies Inc. now owns 6,375 shares of the company’s stock valued at $237,000 after purchasing an additional 464 shares during the last quarter. State of Wyoming increased its position in shares of Vontier by 92.6% during the 4th quarter. State of Wyoming now owns 8,501 shares of the company’s stock valued at $316,000 after purchasing an additional 4,087 shares during the last quarter. Goldman Sachs Group Inc. increased its position in shares of Vontier by 14.7% during the 4th quarter. Goldman Sachs Group Inc. now owns 598,082 shares of the company’s stock valued at $22,237,000 after purchasing an additional 76,829 shares during the last quarter. Thompson Siegel & Walmsley LLC increased its position in shares of Vontier by 1.9% during the 4th quarter. Thompson Siegel & Walmsley LLC now owns 1,763,550 shares of the company’s stock valued at $65,569,000 after purchasing an additional 33,612 shares during the last quarter. Finally, AdvisorShares Investments LLC increased its position in shares of Vontier by 17.7% during the 4th quarter. AdvisorShares Investments LLC now owns 13,155 shares of the company’s stock valued at $489,000 after purchasing an additional 1,974 shares during the last quarter. 95.83% of the stock is owned by hedge funds and other institutional investors.

Vontier Trading Down 0.5%

Shares of VNT opened at $28.19 on Friday. The business has a 50-day moving average of $32.92 and a 200 day moving average of $36.20. Vontier Corporation has a fifty-two week low of $27.25 and a fifty-two week high of $48.20. The firm has a market cap of $3.97 billion, a P/E ratio of 9.96, a price-to-earnings-growth ratio of 1.07 and a beta of 1.16. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.90 and a current ratio of 1.23.

Vontier (NYSE:VNT) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.80 earnings per share 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 firm had revenue of $750.60 million during the quarter, compared to analysts’ expectations of $737.21 million. During the same period last year, the business posted $0.77 EPS. The company’s revenue was up 1.3% compared to the same quarter last year. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q2 2026 guidance at 0.780-0.810 EPS. As a group, research analysts forecast that Vontier Corporation will post 3.39 EPS for the current year.

Vontier declared that its Board of Directors has approved a stock repurchase program on Tuesday, May 19th that authorizes the company to repurchase $1.00 billion in shares. This repurchase authorization authorizes the company to buy up to 25.4% of its stock through open market purchases. Stock repurchase programs are generally an indication that the company’s leadership believes its shares are undervalued.

Vontier Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th will be paid a $0.025 dividend. The ex-dividend date is Thursday, June 4th. This represents a $0.10 annualized dividend and a yield of 0.4%. Vontier’s dividend payout ratio (DPR) is currently 3.53%.

Analysts Set New Price Targets

Several equities research analysts have recently issued reports on the company. 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. Citigroup decreased their target price on Vontier from $50.00 to $44.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Weiss Ratings lowered Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Wall Street Zen lowered Vontier from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Finally, Evercore set a $36.00 price objective on Vontier in a report on Monday, May 11th. Five analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” 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.