ASO GROUP Ltd Invests $4.39 Million in Vontier Corporation $VNT

ASO GROUP Ltd bought a new position in shares of Vontier Corporation (NYSE:VNT) during the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 118,066 shares of the company’s stock, valued at approximately $4,390,000. Vontier makes up approximately 1.7% of ASO GROUP Ltd’s portfolio, making the stock its 9th largest position.

Several other hedge funds and other institutional investors have also made changes to their positions in VNT. Corient Private Wealth LLC raised its position in shares of Vontier by 104.6% during the 2nd 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 in the last quarter. Franklin Resources Inc. raised its position in shares of Vontier by 85.0% during the 3rd 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 in the last quarter. Victory Capital Management Inc. raised its position in shares of Vontier by 4,958.3% during the 3rd 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 in the last quarter. Norges Bank acquired a new stake in shares of Vontier during the 4th quarter worth about $68,526,000. Finally, Arrowstreet Capital Limited Partnership raised its position in shares of Vontier by 107.7% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,944,880 shares of the company’s stock worth $81,627,000 after acquiring an additional 1,008,340 shares in the last quarter. Institutional investors and hedge funds own 95.83% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently issued reports on VNT shares. KeyCorp dropped their price target on Vontier from $50.00 to $40.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Barclays dropped their price target on Vontier from $50.00 to $45.00 and set an “overweight” rating on the stock in a research note on Friday, May 8th. Wall Street Zen downgraded Vontier from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Argus downgraded Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Finally, Robert W. Baird set a $37.00 price target on Vontier in a research note on Friday, May 8th. Five equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Vontier currently has a consensus rating of “Hold” and an average price target of $42.38.

Vontier Trading Up 1.1%

Shares of VNT stock opened at $28.62 on Friday. The business’s 50 day moving average is $32.39 and its two-hundred day moving average is $36.04. Vontier Corporation has a twelve month low of $27.25 and a twelve month high of $48.20. The company has a market capitalization of $4.03 billion, a P/E ratio of 10.11, a price-to-earnings-growth ratio of 1.07 and a beta of 1.16. The company has a current ratio of 1.23, a quick ratio of 0.90 and a debt-to-equity ratio of 1.26.

Vontier (NYSE:VNT) last announced its earnings results 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 net margin of 13.37% and a return on equity of 37.88%. The company 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 posted $0.77 earnings per share. The company’s revenue for the quarter 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. Equities analysts forecast that Vontier Corporation will post 3.39 EPS for the current year.

Vontier declared that its Board of Directors has authorized a stock repurchase plan on Tuesday, May 19th that authorizes the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization authorizes the company to purchase up to 25.4% of its stock through open market purchases. Stock repurchase plans are often a sign that the company’s management believes its stock is undervalued.

Vontier Dividend Announcement

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. This represents a $0.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date is Thursday, June 4th. Vontier’s dividend payout ratio (DPR) is 3.53%.

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.