Engineers Gate Manager LP Has $7.77 Million Holdings in Vontier Corporation $VNT

Engineers Gate Manager LP lifted its holdings in shares of Vontier Corporation (NYSE:VNT) by 1,707.8% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 268,044 shares of the company’s stock after purchasing an additional 253,217 shares during the quarter. Engineers Gate Manager LP owned 0.20% of Vontier worth $7,773,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Lazard Asset Management LLC grew its position in Vontier by 7.7% during the second quarter. Lazard Asset Management LLC now owns 3,534 shares of the company’s stock worth $129,000 after buying an additional 253 shares in the last quarter. Americana Partners LLC raised its holdings in Vontier by 4.9% in the 4th quarter. Americana Partners LLC now owns 6,217 shares of the company’s stock valued at $231,000 after acquiring an additional 289 shares in the last quarter. Great Lakes Advisors LLC raised its holdings in Vontier by 5.6% in the 4th quarter. Great Lakes Advisors LLC now owns 6,104 shares of the company’s stock valued at $227,000 after acquiring an additional 321 shares in the last quarter. Deutsche Bank AG lifted its position in shares of Vontier by 2.2% during the 4th quarter. Deutsche Bank AG now owns 17,829 shares of the company’s stock valued at $663,000 after acquiring an additional 390 shares during the period. Finally, Advisory Services Network LLC lifted its position in shares of Vontier by 2.3% during the 3rd quarter. Advisory Services Network LLC now owns 17,474 shares of the company’s stock valued at $733,000 after acquiring an additional 400 shares during the period. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VNT has been the topic of a number of recent analyst reports. Robert W. Baird set a $39.00 price target on Vontier in a research report on Friday, August 7th. Argus cut shares of Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Weiss Ratings upgraded shares of Vontier from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, September 4th. Wolfe Research reissued an “outperform” rating and issued a $43.00 target price on shares of Vontier in a report on Thursday, July 9th. Finally, KeyCorp boosted their target price on shares of Vontier from $35.00 to $40.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Four 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. According to MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $41.00.

Vontier Price Performance

Vontier stock opened at $31.25 on Friday. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.94 and a current ratio of 1.25. Vontier Corporation has a 52 week low of $27.25 and a 52 week high of $48.20. The stock has a market capitalization of $4.23 billion, a P/E ratio of 12.97, a price-to-earnings-growth ratio of 1.09 and a beta of 1.13. The stock has a fifty day moving average of $31.89 and a 200-day moving average of $32.94.

Vontier (NYSE:VNT) last released its quarterly earnings data 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. Vontier had a return on equity of 38.57% and a net margin of 11.34%.The business had revenue of $756.70 million for the quarter, compared to analyst estimates of $747.12 million. During the same period last year, the firm posted $0.79 earnings per share. Vontier’s revenue was down 2.2% compared to the same quarter last year. Vontier has set its FY 2026 guidance at 3.450-3.550 EPS and its Q3 2026 guidance at 0.820-0.860 EPS. On average, sell-side analysts expect that Vontier Corporation will post 3.49 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd will be paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Thursday, September 3rd. Vontier’s dividend payout ratio (DPR) is presently 4.15%.

Vontier declared that its board has initiated a share buyback program on Tuesday, May 19th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to repurchase up to 25.4% of its stock through open market purchases. Stock buyback programs are often an indication that the company’s board of directors believes its shares are undervalued.

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.