Janus Henderson Group PLC Sells 195,376 Shares of Vontier Corporation $VNT

Janus Henderson Group PLC lessened its stake in shares of Vontier Corporation (NYSE:VNT) by 10.6% in the 1st quarter, according to its most recent disclosure with the SEC. The firm owned 1,652,081 shares of the company’s stock after selling 195,376 shares during the period. Janus Henderson Group PLC’s holdings in Vontier were worth $58,600,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Franklin Resources Inc. raised its stake in shares of Vontier by 11.1% in the fourth quarter. Franklin Resources Inc. now owns 5,803,510 shares of the company’s stock worth $215,774,000 after buying an additional 577,914 shares during the period. Corient Private Wealth LLC grew its stake in shares of Vontier by 104.6% during the 2nd quarter. Corient Private Wealth LLC now owns 4,793,944 shares of the company’s stock valued at $176,897,000 after acquiring an additional 2,450,723 shares during the period. Boston Partners purchased a new stake in Vontier in the 4th quarter worth approximately $132,438,000. River Road Asset Management LLC increased its holdings in Vontier by 6.7% in the 4th quarter. River Road Asset Management LLC now owns 3,298,671 shares of the company’s stock worth $122,645,000 after acquiring an additional 206,157 shares in the last quarter. Finally, Dimensional Fund Advisors LP raised its stake in Vontier by 6.8% during the 4th quarter. Dimensional Fund Advisors LP now owns 3,184,318 shares of the company’s stock worth $118,403,000 after acquiring an additional 201,548 shares during the period. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Vontier Stock Up 0.9%

Shares of VNT opened at $32.18 on Friday. The business’s 50 day moving average is $29.60 and its 200 day moving average is $34.25. 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 Corporation has a 12-month low of $27.25 and a 12-month high of $48.20. The company has a market capitalization of $4.53 billion, a PE ratio of 11.37, a price-to-earnings-growth ratio of 1.21 and a beta of 1.16.

Vontier (NYSE:VNT) last posted its quarterly 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 during the quarter, compared to the consensus estimate of $737.21 million. During the same quarter in the previous year, the company earned $0.77 earnings per share. The company’s revenue for the quarter 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. Research analysts expect that Vontier Corporation will post 3.39 earnings per share for the current fiscal year.

Vontier Dividend Announcement

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

Vontier declared that its board has authorized a stock buyback 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 typically a sign that the company’s board believes its stock is undervalued.

Wall Street Analyst Weigh In

VNT has been the topic of several analyst reports. Barclays lowered their price target on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating on the stock in a report on Friday, May 8th. Wolfe Research restated an “outperform” rating and set a $43.00 price objective on shares of Vontier in a research report on Thursday, July 9th. Robert W. Baird set a $37.00 price objective on shares of Vontier in a research report on Friday, May 8th. Wall Street Zen cut shares of Vontier from a “buy” rating to a “hold” rating in a research note on Saturday, May 9th. Finally, KeyCorp dropped their target price on shares of Vontier from $40.00 to $35.00 and set an “overweight” rating for the company in a report on Monday, July 13th. Six research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $41.89.

About Vontier

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.