- Heron Bay Doubles Down on Vontier, Buying 1.37 Million Shares
May 16, 2026
What happened
According to a Securities and Exchange Commission (SEC) filing dated May 13, 2026, Heron Bay Capital Management acquired an additional 1,370,006 shares of Vontier(NYSE:VNT), during the first quarter. The estimated transaction value is $52.76 million, calculated using the average quarterly closing price. The fund’s quarter-end position in Vontier stood at 2,179,193 shares, valued at $47.21 million, including both trading activity and price movements.
What else to know
Heron Bay added to its Vontier stake, which now comprises 7.13% of reported 13F assets. Top holdings after the quarter:
NASDAQ:LPLA: $74.97 million (6.9% of AUM) NASDAQ:GOOGL: $57.92 million (5.3% of AUM) NYSE:SCHW: $57.76 million (5.3% of AUM) NASDAQ:AMZN: $56.58 million (5.2% of AUM) NYSE:FDS: $49.76 million (4.6% of AUM) As of May 15, 2026, Vontier shares were priced at $28.03, down 23.89% over the past year, underperforming the S&P 500 by 49.1 percentage points. Trailing-12-month revenue was $3.09 billion; net income was $412.50 million. Five-year revenue CAGR was 2.6%; dividend yield stood at 0.35%.
Company Overview
Metric Value Revenue (TTM) $3.09 billion Net Income (TTM) $412.50 million Dividend Yield 0.35% Price (as of market close 2026-05-15) $28.03
Company Snapshot
Offers technical equipment, components, software, and services for mobility infrastructure, including fuel dispensing, environmental sensors, payment systems, vehicle diagnostics, and fleet management solutions. Generates revenue through the sale of products and recurring software and service contracts, leveraging a global distribution network and direct sales to commercial and public sector clients. Serves retail and commercial fueling operators, convenience stores, car wash operators, vehicle repair businesses, municipal governments, and fleet owners across North America, Asia Pacific, Europe, and Latin America.
Vontier is a technology company specializing in hardware, equipment, and software solutions for the global mobility infrastructure sector. With a broad portfolio spanning fueling systems, environmental compliance, fleet management, and automotive diagnostics, the company addresses critical operational needs for commercial and municipal customers. Its scale, diversified offerings, and established brands position it as a key provider in the evolving mobility and transportation technology landscape.
What this transaction means for investors
Investors often take note when an asset manager adds shares to a current holding, especially when that holding was already its No. 1 investment, and remains so. Vontier is Heron Bay’s largest holding in a portfolio focused mainly on technology, pharma, and fintech. Should individual investors follow its lead?
Story Continues
For one thing, Vontier recently sold its Teletrac Navman business for $220 million, with net cash proceeds of around $80 million. Management has announced plans to use much of that cash for share buybacks, which could increase shareholder value. The sale also simplifies Vontier’s portfolio and allows it to focus on its core businesses.
The company has also recently secured long-term contracts tied to the modernization of convenience stores’ fuel and payment systems. Those projects could give Vontier a steady boost to revenue and cash flow. The company beat revenue expectations, suggesting that its core business remains strong and resilient.
Even so, its share price has fallen significantly over the past year. Wall Street analysts believe it’s undervalued, targeting a price around $46.50. That potential upside likely makes the shares attractive to institutional investors, including Heron Bay.
Individual investors may find that Vontier fits their strategy as well if they believe the company’s intrinsic value exceeds its current share price. But keep in mind that value investing often requires patience, as there’s no way to predict when share prices might rise to meet those estimates.
Should you buy stock in Vontier right now?
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Charles Schwab is an advertising partner of Motley Fool Money. Pamela Kock has no position in any of the stocks mentioned. The Motley Fool has positions in and recommends Alphabet, Amazon, and FactSet Research Systems. The Motley Fool recommends Charles Schwab and recommends the following options: short June 2026 $97.50 calls on Charles Schwab. The Motley Fool has a disclosure policy.
Heron Bay Doubles Down on Vontier, Buying 1.37 Million Shares was originally published by The Motley Fool
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- Is FactSet Research Systems (FDS) Now Attractive After Share Price Slides 57% In One Year
May 15, 2026
Track your investments for FREE with Simply Wall St, the portfolio command center trusted by over 7 million individual investors worldwide.
Investors may be wondering whether FactSet Research Systems at around US$199.86 is starting to look like a bargain, or if the recent slide is a warning sign for value focused investors. The stock has had a tough run, with the share price down 10.8% over the past week, 10.6% over the past month, 29.8% year to date, and 56.8% over the last year. Recent coverage has focused on how this extended share price weakness has sharpened the debate around whether FactSet is now priced for lower expectations or simply out of favour compared to other financial data and analytics stocks. At the same time, long term holders are assessing whether the current level reflects a reset in sentiment or a disconnect between price and business fundamentals. On Simply Wall St's valuation checklist, FactSet scores 5 out of 6 for being undervalued, which you can see in more detail in the valuation score. The rest of this article will walk through the main valuation approaches before finishing with a way to think about value that goes beyond any single model.
Find out why FactSet Research Systems's -56.8% return over the last year is lagging behind its peers.
Approach 1: FactSet Research Systems Excess Returns Analysis
The Excess Returns model looks at how much value a company may create after covering the return that shareholders require on their capital. Instead of focusing on cash flows, it starts with equity, earnings and the cost of equity to estimate what each share could reasonably be worth.
For FactSet Research Systems, the model uses a Book Value of $58.11 per share and a Stable EPS of $20.23 per share, based on weighted future Return on Equity estimates from 4 analysts. The Average Return on Equity is 29.47%, compared with a Cost of Equity of $5.65 per share. That gap leads to an Excess Return of $14.58 per share, which is then capitalised over time using a Stable Book Value of $68.67 per share, sourced from weighted future Book Value estimates from 4 analysts.
Running this through the Excess Returns framework produces an estimated intrinsic value of about $379.59 per share. Against the current share price of roughly $199.86, the model output suggests the stock is 47.3% undervalued based on these assumptions.
Result: UNDERVALUED
Our Excess Returns analysis suggests FactSet Research Systems is undervalued by 47.3%. Track this in your watchlist or portfolio, or discover 47 more high quality undervalued stocks.
Story Continues
FDS Discounted Cash Flow as at May 2026
Head to the Valuation section of our Company Report for more details on how we arrive at this Fair Value for FactSet Research Systems.
Approach 2: FactSet Research Systems Price vs Earnings
For a profitable company, the P/E ratio is a useful way to think about what you are paying for each dollar of earnings, which often lines up more closely with how many investors compare stocks day to day.
What counts as a “normal” P/E depends on how quickly earnings are expected to grow and how risky those earnings appear. Higher growth and lower perceived risk usually justify a higher multiple, while slower growth or higher risk tend to pull it down.
FactSet Research Systems currently trades on a P/E of 12.39x. This sits below the Capital Markets industry average P/E of 41.16x and below the peer group average of 25.77x. Simply Wall St’s Fair Ratio estimate for FactSet is 14.33x. This Fair Ratio is a proprietary figure that reflects factors such as earnings growth, profit margins, risk profile, market cap and industry, rather than a simple comparison with broad industry or peer averages that may not match FactSet’s specific characteristics.
Compared with this Fair Ratio of 14.33x, the current P/E of 12.39x suggests the stock is trading below what Simply Wall St’s framework indicates could be a more typical level.
Result: UNDERVALUEDNYSE:FDS P/E Ratio as at May 2026
P/E ratios tell one story, but what if the real opportunity lies elsewhere? Start investing in legacies, not executives. Discover our 19 top founder-led companies.
Upgrade Your Decision Making: Choose your FactSet Research Systems Narrative
Earlier it was mentioned that there is an even better way to understand valuation. Narratives take that next step by letting you spell out your story for FactSet Research Systems, link it to a forecast for revenue, earnings, margins and a Fair Value, and then compare that Fair Value with the current price, all inside Simply Wall St's Community page where the highest Fair Value on FactSet currently sits at US$430.00 and the lowest at US$200.00. This shows how one investor might focus on AI partnerships, product breadth and long term earnings power, while another worries more about competition, technology costs and margin pressure. Both Narratives update automatically as new earnings or news are added, so you can quickly see whether your chosen story still fits the numbers or whether it is time to rethink your view.
Do you think there's more to the story for FactSet Research Systems? Head over to our Community to see what others are saying!NYSE:FDS 1-Year Stock Price Chart
This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
Companies discussed in this article include FDS.
Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com
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- Should Value Investors Buy FactSet Research Systems (FDS) Stock?
May 15, 2026
Here at Zacks, we focus on our proven ranking system, which places an emphasis on earnings estimates and estimate revisions, to find winning stocks. But we also understand that investors develop their own strategies, so we are constantly looking at the latest trends in value, growth, and momentum to find strong companies for our readers.
Considering these trends, value investing is clearly one of the most preferred ways to find strong stocks in any type of market. Value investors rely on traditional forms of analysis on key valuation metrics to find stocks that they believe are undervalued, leaving room for profits.
Luckily, Zacks has developed its own Style Scores system in an effort to find stocks with specific traits. Value investors will be interested in the system's "Value" category. Stocks with both "A" grades in the Value category and high Zacks Ranks are among the strongest value stocks on the market right now.
One company value investors might notice is FactSet Research Systems (FDS). FDS is currently holding a Zacks Rank #2 (Buy) and a Value grade of A. The stock has a Forward P/E ratio of 15.56. This compares to its industry's average Forward P/E of 17.72. Over the last 12 months, FDS's Forward P/E has been as high as 28.30 and as low as 15.56, with a median of 25.38.
Finally, we should also recognize that FDS has a P/CF ratio of 14.04. This figure highlights a company's operating cash flow and can be used to find firms that are undervalued when considering their impressive cash outlook. This stock's P/CF looks attractive against its industry's average P/CF of 19.47. Over the past 52 weeks, FDS's P/CF has been as high as 27.56 and as low as 14.04, with a median of 24.72.
Value investors will likely look at more than just these metrics, but the above data helps show that FactSet Research Systems is likely undervalued currently. And when considering the strength of its earnings outlook, FDS sticks out as one of the market's strongest value stocks.
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
FactSet Research Systems Inc. (FDS) : Free Stock Analysis Report
This article originally published on Zacks Investment Research (zacks.com).
Zacks Investment Research
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- Chip Stocks Are Extended Amid AI Boom; One Hovers In Buy Zone
May 15, 2026
Chip stocks have surged to new highs in the stock market, showing that the artificial intelligence trade continues to lure buyers after massive gains in 2025. In the IBD 50, however, that means most chip stocks are extended. Analysts polled by FactSet had targeted earnings of $1.29 a share on $9.9 billion in revenue.
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- Should Value Investors Buy FactSet Research Systems (FDS) Stock?
May 15, 2026 · zacks.com
Here at Zacks, our focus is on the proven Zacks Rank system, which emphasizes earnings estimates and estimate revisions to find great stocks. Nevertheless, we are always paying attention to the latest value, growth, and momentum trends to underscore strong picks.
- Allied Gold Reports Higher Revenue and Adjusted Profit for the First Quarter
May 14, 2026
Allied Gold (AAUC.TO, AAUC) after trade Thursday said its first-quarter adjusted profit and revenue
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May 14, 2026
Electrovaya (ELVA.TO, ELVA) was last seen down 7.7% in after-hours Nasdaq trade after the company on
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- Update: Regenxbio Shares Fall After Q1 Swings to Loss, Revenue Declines; Phase 3 Study of RGX-202 Meets Primary Endpoint
May 14, 2026
(Updates with latest stock price movement in the headline and first paragraph, Q1 earnings in the se
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May 14, 2026
Prestige Consumer Healthcare's (PBH) officials said Thursday that weak eye care sales and a difficul
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- AI Data Center Power Equipment Supplier Surges As Growth Explodes
May 14, 2026
Forgent Power Solutions, a supplier of power equipment for AI data centers, gapped up to an all-time high Thursday after the company reported that quarterly revenue more than doubled and management raised guidance. The provider of electrical distribution equipment for AI data centers, power grids and industrial plants said adjusted net income rose 132% to $55 million. FactSet put EPS at 16 cents.
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