Vontier Corporation $VNT Shares Purchased by Northwestern Mutual Wealth Management Co.

Northwestern Mutual Wealth Management Co. boosted its holdings in Vontier Corporation (NYSE:VNT) by 1,950.0% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 73,758 shares of the company’s stock after purchasing an additional 70,160 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in Vontier were worth $2,742,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jupiter Asset Management Ltd. acquired a new stake in Vontier during the third quarter worth about $2,201,000. Allianz Asset Management GmbH boosted its position in shares of Vontier by 26.7% in the third quarter. Allianz Asset Management GmbH now owns 221,265 shares of the company’s stock worth $9,286,000 after buying an additional 46,600 shares during the period. JPMorgan Chase & Co. boosted its position in shares of Vontier by 6.9% in the third quarter. JPMorgan Chase & Co. now owns 427,447 shares of the company’s stock worth $17,941,000 after buying an additional 27,426 shares during the period. Bessemer Group Inc. boosted its position in shares of Vontier by 3.3% in the third quarter. Bessemer Group Inc. now owns 844,947 shares of the company’s stock worth $35,464,000 after buying an additional 27,051 shares during the period. Finally, Neo Ivy Capital Management purchased a new stake in shares of Vontier in the third quarter worth about $1,004,000. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Vontier Stock Up 0.1%

Shares of VNT stock opened at $29.65 on Tuesday. Vontier Corporation has a 1 year low of $27.25 and a 1 year high of $48.20. The stock 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 business’s fifty day moving average is $34.26 and its 200-day moving average is $36.74. 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 released 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). The company had revenue of $750.60 million for the quarter, compared to the consensus estimate of $737.21 million. Vontier had a return on equity of 37.88% and a net margin of 13.37%.The business’s revenue was up 1.3% compared to the same quarter last year. During the same period in the prior year, the business earned $0.77 earnings per share. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q2 2026 guidance at 0.780-0.810 EPS. Equities analysts expect that Vontier Corporation will post 3.41 earnings per share for the current fiscal year.

Vontier announced that its Board of Directors has initiated a stock buyback program on Tuesday, May 19th that permits the company to buyback $1.00 billion in shares. This buyback authorization permits the company to purchase up to 25.4% of its stock through open market purchases. Stock buyback programs are usually an indication that the company’s management believes its shares are undervalued.

Vontier Announces Dividend

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

Wall Street Analyst Weigh In

A number of research analysts recently commented on VNT shares. KeyCorp reduced their price target on Vontier from $50.00 to $40.00 and set an “overweight” rating for the company in a report 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. Wall Street Zen downgraded Vontier from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Barclays reduced their target price on Vontier from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Finally, Robert W. Baird set a $37.00 price target on Vontier in a research report on Friday, May 8th. Six equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of $42.38.

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.