UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC Has $11.12 Million Stock Holdings in Vontier Corporation $VNT

UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC decreased its position in Vontier Corporation (NYSE:VNT) by 5.5% during the 2nd quarter, Holdings Channel reports. The firm owned 383,633 shares of the company’s stock after selling 22,462 shares during the quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC’s holdings in Vontier were worth $11,125,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in VNT. Bessemer Group Inc. grew its stake in Vontier by 21.6% during the first quarter. Bessemer Group Inc. now owns 776,603 shares of the company’s stock worth $27,546,000 after buying an additional 137,750 shares during the last quarter. Northwestern Mutual Wealth Management Co. raised its stake in shares of Vontier by 1,950.0% in the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 73,758 shares of the company’s stock valued at $2,742,000 after acquiring an additional 70,160 shares during the last quarter. ASO GROUP Ltd acquired a new position in shares of Vontier in the 4th quarter worth approximately $4,390,000. First Trust Advisors LP grew its position in Vontier by 14.2% during the 1st quarter. First Trust Advisors LP now owns 307,265 shares of the company’s stock worth $10,899,000 after acquiring an additional 38,152 shares during the last quarter. Finally, Franklin Resources Inc. grew its position in Vontier by 11.1% during the 4th quarter. Franklin Resources Inc. now owns 5,803,510 shares of the company’s stock worth $215,774,000 after acquiring an additional 577,914 shares during the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Analyst Ratings Changes

Several brokerages have issued reports on VNT. Robert W. Baird set a $39.00 price objective on Vontier in a research report on Friday, August 7th. Wolfe Research restated an “outperform” rating and issued a $43.00 target price on shares of Vontier in a research note on Thursday, July 9th. Argus cut Vontier from a “buy” rating to a “hold” rating in a report on Tuesday, May 26th. KeyCorp increased their price objective on shares of Vontier from $35.00 to $40.00 and gave the stock an “overweight” rating in a report on Friday, August 7th. Finally, Evercore set a $36.00 price objective on shares of Vontier in a research report on Monday, May 11th. Four equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $41.00.

Vontier Trading Down 0.3%

VNT stock opened at $33.19 on Monday. The business has a fifty day moving average of $31.61 and a 200-day moving average of $33.19. The company has a market cap of $4.49 billion, a P/E ratio of 13.77, a PEG ratio of 1.14 and a beta of 1.13. Vontier Corporation has a twelve month low of $27.25 and a twelve month high of $48.20. 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 (NYSE:VNT) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. The firm had revenue of $756.70 million during 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 company’s revenue was down 2.2% on a year-over-year basis. During the same period last year, the company 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. As a group, equities research analysts expect that Vontier Corporation will post 3.49 EPS for the current year.

Vontier Announces Dividend

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 dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date of this dividend is Thursday, September 3rd. Vontier’s payout ratio is 4.15%.

Vontier announced that its board has approved a share repurchase program 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 programs are often a sign 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.