London Co. of Virginia Sells 20,610 Shares of Vontier Corporation $VNT

London Co. of Virginia cut its holdings in Vontier Corporation (NYSE:VNT) by 2.4% in the 1st quarter, according to its most recent 13F filing with the SEC. The firm owned 826,573 shares of the company’s stock after selling 20,610 shares during the quarter. London Co. of Virginia owned about 0.59% of Vontier worth $29,319,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Royal Bank of Canada boosted its holdings in shares of Vontier by 2.9% in the first quarter. Royal Bank of Canada now owns 47,039 shares of the company’s stock valued at $1,545,000 after buying an additional 1,304 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Vontier by 42.8% during the first quarter. Goldman Sachs Group Inc. now owns 386,140 shares of the company’s stock worth $12,685,000 after acquiring an additional 115,740 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in shares of Vontier by 11.9% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 583,565 shares of the company’s stock worth $19,170,000 after acquiring an additional 62,040 shares during the period. Northwestern Mutual Wealth Management Co. lifted its position in Vontier by 19.5% in the 2nd quarter. Northwestern Mutual Wealth Management Co. now owns 3,486 shares of the company’s stock valued at $129,000 after acquiring an additional 568 shares in the last quarter. Finally, Quantbot Technologies LP bought a new stake in Vontier in the 2nd quarter valued at $188,000. 95.83% of the stock is owned by institutional investors.

Vontier Stock Performance

Shares of VNT opened at $30.78 on Friday. The stock has a market capitalization of $4.33 billion, a price-to-earnings ratio of 10.87, a PEG ratio of 1.16 and a beta of 1.16. Vontier Corporation has a 12 month low of $27.25 and a 12 month high of $48.20. The firm has a fifty day simple moving average of $29.23 and a 200 day simple moving average of $34.46. The company has a current ratio of 1.23, a quick ratio of 0.90 and a debt-to-equity ratio of 1.26.

Vontier (NYSE:VNT) last issued its quarterly earnings results on Thursday, May 7th. The company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.02). Vontier had a net margin of 13.37% and a return on equity of 37.88%. The business had revenue of $750.60 million during the quarter, compared to analyst estimates of $737.21 million. During the same quarter in the previous year, the firm posted $0.77 earnings per share. The firm’s quarterly revenue was up 1.3% on a year-over-year basis. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q2 2026 guidance at 0.780-0.810 EPS. Research analysts forecast that Vontier Corporation will post 3.39 EPS for the current fiscal year.

Vontier declared that its Board of Directors has approved a stock repurchase plan on Tuesday, May 19th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to purchase up to 25.4% of its shares through open market purchases. Shares buyback plans are usually a sign that the company’s board believes its stock is undervalued.

Vontier Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, June 25th. Investors of record on Thursday, June 4th were given a $0.025 dividend. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. Vontier’s payout ratio is currently 3.53%.

Analyst Ratings Changes

A number of brokerages recently weighed in on VNT. Citigroup reduced their target price on shares of Vontier from $50.00 to $44.00 and set a “buy” rating for the company in a research note on Friday, May 8th. Argus lowered Vontier from a “buy” rating to a “hold” rating in a report on Tuesday, May 26th. Wall Street Zen cut Vontier from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Barclays decreased their price objective on Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Finally, Weiss Ratings lowered Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research report on Tuesday, May 19th. Six analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $41.89.

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.