Vontier Corporation $VNT Shares Sold by Janney Montgomery Scott LLC

Janney Montgomery Scott LLC lessened its holdings in Vontier Corporation (NYSE:VNT) by 54.5% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 18,143 shares of the company’s stock after selling 21,736 shares during the quarter. Janney Montgomery Scott LLC’s holdings in Vontier were worth $644,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently bought and sold shares of VNT. Allworth Financial LP lifted its stake in Vontier by 212.9% during the third quarter. Allworth Financial LP now owns 948 shares of the company’s stock worth $40,000 after purchasing an additional 645 shares during the last quarter. Employees Retirement System of Texas acquired a new stake in Vontier during the third quarter worth approximately $58,000. Clearstead Advisors LLC raised its holdings in Vontier by 82.8% during the fourth quarter. Clearstead Advisors LLC now owns 1,665 shares of the company’s stock worth $62,000 after purchasing an additional 754 shares in the last quarter. Quarry LP lifted its position in shares of Vontier by 5,897.1% during the 3rd quarter. Quarry LP now owns 2,099 shares of the company’s stock worth $88,000 after buying an additional 2,064 shares during the last quarter. Finally, Parkside Financial Bank & Trust lifted its position in shares of Vontier by 152.5% during the 4th quarter. Parkside Financial Bank & Trust now owns 2,634 shares of the company’s stock worth $98,000 after buying an additional 1,591 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Vontier Price Performance

Shares of NYSE:VNT opened at $29.32 on Wednesday. The company has a 50-day simple moving average of $29.21 and a 200-day simple moving average of $34.86. Vontier Corporation has a one year low of $27.25 and a one year high of $48.20. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.90 and a current ratio of 1.23. The stock has a market capitalization of $4.13 billion, a price-to-earnings ratio of 10.36, a PEG ratio of 1.11 and a beta of 1.16.

Vontier (NYSE:VNT) last announced its earnings results on Thursday, May 7th. The company reported $0.80 earnings per share 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 business had revenue of $750.60 million for the quarter, compared to analyst estimates of $737.21 million. During the same quarter last year, the company posted $0.77 EPS. Vontier’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. On average, analysts predict that Vontier Corporation will post 3.39 EPS for the current year.

Vontier announced that its Board of Directors has authorized a stock buyback program on Tuesday, May 19th that authorizes the company to buyback $1.00 billion in shares. This buyback authorization authorizes the company to repurchase up to 25.4% of its shares through open market purchases. Shares buyback programs are typically an indication that the company’s board of directors believes its shares are undervalued.

Vontier Announces Dividend

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

Wall Street Analyst Weigh In

Several brokerages recently commented on VNT. Argus lowered shares of Vontier from a “buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Evercore set a $36.00 price objective on Vontier in a report on Monday, May 11th. KeyCorp cut their target price on Vontier from $40.00 to $35.00 and set an “overweight” rating on the stock in a research report on Monday. Robert W. Baird set a $37.00 target price on Vontier in a research report on Friday, May 8th. Finally, Citigroup dropped their price target on Vontier from $50.00 to $44.00 and set a “buy” rating on the stock in a research note on Friday, May 8th. Six research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Vontier 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.