Man Group plc Acquires Shares of 51,099 Vontier Corporation $VNT

Man Group plc bought a new stake in Vontier Corporation (NYSE:VNT) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor bought 51,099 shares of the company’s stock, valued at approximately $1,482,000.

Several other institutional investors have also recently made changes to their positions in VNT. BlackRock Inc. bought a new position in Vontier during the 2nd quarter valued at about $388,315,000. Franklin Resources Inc. raised its position in Vontier by 11.1% in the 4th quarter. Franklin Resources Inc. now owns 5,803,510 shares of the company’s stock worth $215,774,000 after purchasing an additional 577,914 shares during the period. Corient Private Wealth LLC lifted its stake in Vontier by 104.6% in the second quarter. Corient Private Wealth LLC now owns 4,793,944 shares of the company’s stock worth $176,897,000 after purchasing an additional 2,450,723 shares during the last quarter. Boston Partners purchased a new position in shares of Vontier during the fourth quarter valued at approximately $132,438,000. Finally, River Road Asset Management LLC boosted its position in shares of Vontier by 6.7% during the fourth quarter. River Road Asset Management LLC now owns 3,298,671 shares of the company’s stock valued at $122,645,000 after buying an additional 206,157 shares during the period. Institutional investors own 95.83% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on VNT shares. Citigroup reduced their price target on Vontier from $50.00 to $44.00 and set a “buy” rating on the stock in a report on Friday, May 8th. Weiss Ratings cut Vontier from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 19th. Barclays cut their price objective on Vontier from $50.00 to $45.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Argus lowered Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Finally, Wall Street Zen downgraded Vontier from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Four investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $41.00.

Vontier Price Performance

Shares of VNT stock opened at $32.53 on Thursday. The company has a market capitalization of $4.40 billion, a P/E ratio of 13.50, a P/E/G ratio of 1.09 and a beta of 1.13. The company’s 50-day simple moving average is $31.49 and its two-hundred day simple moving average is $33.31. Vontier Corporation has a one year low of $27.25 and a one year high of $48.20. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.25 and a quick ratio of 0.94.

Vontier (NYSE:VNT) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.89 earnings per share for the quarter, beating the consensus estimate of $0.80 by $0.09. The firm had revenue of $756.70 million during the quarter, compared to the consensus estimate of $747.12 million. Vontier had a net margin of 11.34% and a return on equity of 38.57%. During the same quarter in the previous year, the firm posted $0.79 earnings per share. The company’s revenue was down 2.2% on a year-over-year basis. 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 analysts anticipate that Vontier Corporation will post 3.49 EPS for the current year.

Vontier Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd will be given a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, September 3rd. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. Vontier’s payout ratio is 4.15%.

Vontier declared that its Board of Directors has approved a stock repurchase plan on Tuesday, May 19th that permits the company to buyback $1.00 billion in outstanding shares. This buyback authorization permits the company to reacquire up to 25.4% of its stock through open market purchases. Stock buyback plans are typically an indication that the company’s management believes its stock is 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.