Kennedy Capital Management LLC Increases Stock Position in Vontier Corporation $VNT

Kennedy Capital Management LLC lifted its holdings in shares of Vontier Corporation (NYSE:VNT) by 87.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 167,472 shares of the company’s stock after acquiring an additional 77,955 shares during the period. Kennedy Capital Management LLC owned 0.12% of Vontier worth $6,227,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of VNT. Boston Partners purchased a new position in shares of Vontier during the fourth quarter worth approximately $132,438,000. Corient Private Wealth LLC grew its position in shares of Vontier by 104.6% during the second quarter. Corient Private Wealth LLC now owns 4,793,944 shares of the company’s stock worth $176,897,000 after acquiring an additional 2,450,723 shares during the last quarter. Franklin Resources Inc. grew its position in shares of Vontier by 85.0% during the third quarter. Franklin Resources Inc. now owns 5,225,596 shares of the company’s stock worth $219,318,000 after acquiring an additional 2,401,220 shares during the last quarter. Victory Capital Management Inc. grew its position in shares of Vontier by 4,958.3% during the third quarter. Victory Capital Management Inc. now owns 2,151,517 shares of the company’s stock worth $90,299,000 after acquiring an additional 2,108,983 shares during the last quarter. Finally, Norges Bank purchased a new position in shares of Vontier during the fourth quarter worth approximately $68,526,000. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Vontier Stock Performance

NYSE:VNT opened at $29.48 on Tuesday. The firm’s fifty day moving average price is $32.14 and its 200 day moving average price is $35.95. Vontier Corporation has a 1-year low of $27.25 and a 1-year high of $48.20. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.23 and a quick ratio of 0.90. The firm has a market cap of $4.15 billion, a price-to-earnings ratio of 10.42, a price-to-earnings-growth ratio of 1.10 and a beta of 1.16.

Vontier (NYSE:VNT) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.80 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.02). Vontier had a net margin of 13.37% and a return on equity of 37.88%. The firm had revenue of $750.60 million during the quarter, compared to analysts’ expectations of $737.21 million. During the same quarter last year, the business earned $0.77 earnings per share. The business’s quarterly revenue was up 1.3% on a year-over-year basis. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q2 2026 guidance at 0.780-0.810 EPS. On average, sell-side analysts expect that Vontier Corporation will post 3.39 EPS for the current year.

Vontier announced that its board has approved a share repurchase plan on Tuesday, May 19th that allows the company to repurchase $1.00 billion in shares. This repurchase authorization allows the company to buy up to 25.4% of its shares through open market purchases. Shares repurchase plans are typically an indication that the company’s board believes its shares are undervalued.

Vontier Dividend Announcement

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

Analyst Ratings Changes

VNT has been the topic of a number of research reports. Barclays lowered their target price on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Robert W. Baird set a $37.00 price objective on shares of Vontier in a research report on Friday, May 8th. Weiss Ratings lowered shares of Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Wall Street Zen lowered shares of 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 shares of Vontier in a research report on Monday, May 11th. Five equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $42.38.

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.