Neo Ivy Capital Management Acquires New Shares in Vontier Corporation $VNT

Neo Ivy Capital Management acquired a new position in Vontier Corporation (NYSE:VNT) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 23,930 shares of the company’s stock, valued at approximately $1,004,000.

Other hedge funds have also recently bought and sold shares of the company. Nordea Investment Management AB grew its stake in Vontier by 45.5% in the 3rd quarter. Nordea Investment Management AB now owns 261,430 shares of the company’s stock valued at $10,862,000 after buying an additional 81,692 shares during the last quarter. Allianz Asset Management GmbH lifted its position in Vontier by 26.7% during the 3rd quarter. Allianz Asset Management GmbH now owns 221,265 shares of the company’s stock worth $9,286,000 after acquiring an additional 46,600 shares during the last quarter. Private Management Group Inc. lifted its position in Vontier by 1.5% during the 2nd quarter. Private Management Group Inc. now owns 501,342 shares of the company’s stock worth $18,500,000 after acquiring an additional 7,562 shares during the last quarter. Bessemer Group Inc. boosted its holdings in Vontier by 3.3% during the third quarter. Bessemer Group Inc. now owns 844,947 shares of the company’s stock valued at $35,464,000 after acquiring an additional 27,051 shares during the period. Finally, SG Americas Securities LLC boosted its holdings in Vontier by 1,304.6% during the third quarter. SG Americas Securities LLC now owns 99,419 shares of the company’s stock valued at $4,173,000 after acquiring an additional 92,341 shares during the period. 95.83% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on VNT. Weiss Ratings upgraded Vontier from a “hold (c+)” rating to a “buy (b-)” rating in a research note on Monday, February 23rd. Barclays raised their target price on Vontier from $47.00 to $55.00 and gave the company an “overweight” rating in a report on Friday, February 13th. Wall Street Zen raised Vontier from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. Bank of America reiterated an “underperform” rating and set a $40.00 price target (down from $50.00) on shares of Vontier in a report on Friday, November 14th. Finally, Robert W. Baird set a $47.00 price objective on Vontier in a research report on Thursday, February 19th. Seven equities research analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of $47.63.

Vontier Stock Down 2.9%

NYSE VNT opened at $38.43 on Friday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.90 and a current ratio of 1.16. The firm has a 50-day simple moving average of $39.26 and a 200 day simple moving average of $39.57. Vontier Corporation has a twelve month low of $27.22 and a twelve month high of $48.20. The stock has a market cap of $5.44 billion, a PE ratio of 13.92, a PEG ratio of 1.47 and a beta of 1.27.

Vontier (NYSE:VNT) last issued its quarterly earnings results on Thursday, February 12th. The company reported $0.86 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.85 by $0.01. The firm had revenue of $808.50 million for the quarter, compared to analyst estimates of $765.12 million. Vontier had a return on equity of 39.25% and a net margin of 13.20%.The company’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same period in the previous year, the company posted $0.80 earnings per share. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q1 2026 guidance at 0.780-0.810 EPS. On average, research analysts forecast that Vontier Corporation will post 3.13 EPS for the current year.

Vontier Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders of record on Thursday, March 5th will be given a dividend of $0.025 per share. The ex-dividend date is Thursday, March 5th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. Vontier’s payout ratio is currently 3.62%.

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.