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FPA Queens Road Small Cap Value Fund's Q2 2026 investor letter noted that Vontier (VNT) is undervalued, trading at approximately 9 times its current earnings.
FPA Queens Road Small Cap Value Fund, managed by First Pacific Advisors, stated in its Q2 2026 letter to investors that it has increased its position in Vontier (VNT). The fund believes the company benefits from the growing convenience store end market and that its stock is undervalued, trading at approximately 9 times earnings. Vontier provides technologies and solutions for the mobility, transportation, and industrial markets.
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Disclaimer: This content reflects the author's personal views only and does not constitute investment advice.
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