Vontier Corporation $VNT Shares Sold by Confluence Investment Management LLC

Confluence Investment Management LLC lowered its stake in shares of Vontier Corporation (NYSE:VNT) by 4.9% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 365,615 shares of the company’s stock after selling 18,679 shares during the quarter. Confluence Investment Management LLC’s holdings in Vontier were worth $10,603,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also made changes to their positions in the stock. Redwood Investment Management LLC increased its stake in shares of Vontier by 1.8% during the first quarter. Redwood Investment Management LLC now owns 29,867 shares of the company’s stock worth $1,059,000 after buying an additional 540 shares during the period. Empowered Funds LLC raised its holdings in Vontier by 185.6% in the first quarter. Empowered Funds LLC now owns 15,671 shares of the company’s stock valued at $556,000 after acquiring an additional 10,183 shares in the last quarter. Turtle Creek Asset Management Inc. lifted its stake in Vontier by 17.5% in the first quarter. Turtle Creek Asset Management Inc. now owns 2,114,615 shares of the company’s stock worth $75,005,000 after acquiring an additional 314,211 shares during the last quarter. EverSource Wealth Advisors LLC lifted its stake in Vontier by 69.1% in the first quarter. EverSource Wealth Advisors LLC now owns 5,971 shares of the company’s stock worth $212,000 after acquiring an additional 2,440 shares during the last quarter. Finally, California State Teachers Retirement System grew its holdings in Vontier by 20.8% during the 1st quarter. California State Teachers Retirement System now owns 169,722 shares of the company’s stock worth $6,020,000 after acquiring an additional 29,281 shares in the last quarter. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Vontier Trading Up 2.2%

Shares of Vontier stock opened at $32.83 on Tuesday. The company has a fifty day simple moving average of $29.66 and a 200-day simple moving average of $34.18. Vontier Corporation has a 12-month low of $27.25 and a 12-month high of $48.20. The company has a current ratio of 1.23, a quick ratio of 0.90 and a debt-to-equity ratio of 1.26. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of 11.60, a PEG ratio of 1.21 and a beta of 1.15.

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

Vontier announced that its board has authorized a stock buyback plan on Tuesday, May 19th that permits the company to repurchase $1.00 billion in shares. This repurchase authorization permits the company to repurchase up to 25.4% of its shares through open market purchases. Shares repurchase plans are often a sign that the company’s board believes its shares are undervalued.

Vontier Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th were issued a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, June 4th. This represents a $0.10 annualized dividend and a dividend yield of 0.3%. Vontier’s dividend payout ratio (DPR) is presently 3.53%.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on the stock. Barclays dropped their price objective on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating on the stock in a research report on Friday, May 8th. Citigroup decreased their price objective on shares of Vontier from $50.00 to $44.00 and set a “buy” rating for the company in a research report on Friday, May 8th. Wall Street Zen downgraded shares of Vontier from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. KeyCorp dropped their target price on Vontier from $40.00 to $35.00 and set an “overweight” rating on the stock in a report on Monday, July 13th. Finally, Weiss Ratings cut Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 19th. Six research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, Vontier presently has an average rating of “Moderate Buy” and a consensus target price 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.