Vontier Corporation $VNT Shares Sold by Segment Wealth Management LLC

Segment Wealth Management LLC decreased its position in Vontier Corporation (NYSE:VNT – Free Report) by 62.1% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 9,884 shares of the company’s stock after selling 16,176 shares during the quarter. Segment Wealth Management LLC’s holdings in Vontier were worth $310,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in VNT. BlackRock Inc. acquired a new position in Vontier in the second quarter valued at about $388,315,000. Corient Private Wealth LP bought a new stake in Vontier during the second quarter worth about $65,037,000. Turtle Creek Asset Management Inc. increased its holdings in shares of Vontier by 17.5% during the first quarter. Turtle Creek Asset Management Inc. now owns 2,114,615 shares of the company’s stock worth $75,005,000 after buying an additional 314,211 shares in the last quarter. Heron Bay Capital Management acquired a new stake in shares of Vontier during the second quarter worth approximately $55,830,000. Finally, Jupiter Topco LLC acquired a new stake in shares of Vontier during the second quarter worth approximately $41,904,000. Institutional investors and hedge funds own 95.83% of the company’s stock.

Vontier Stock Up 0.5%

Vontier stock opened at $34.76 on Wednesday. The stock has a 50-day simple moving average of $32.50 and a 200 day simple moving average of $33.84. Vontier Corporation has a 12-month low of $27.25 and a 12-month high of $48.20.

Vontier (NYSE:VNT – Get Free Report) last issued its quarterly earnings data on Thursday, August 6th. The company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. The company had revenue of $756.70 million for the quarter, compared to the consensus estimate of $747.12 million. The firm’s revenue was down 2.2% compared to the same quarter last year. During the same period in the prior year, the company earned $0.79 EPS. Vontier has set its FY 2026 guidance at 3.450-3.550 EPS and its Q3 2026 guidance at 0.820-0.860 EPS. Sell-side analysts anticipate that Vontier Corporation will post 3.49 EPS for the current year.

Vontier Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd were given a dividend of $0.0250 per share. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date was Thursday, September 3rd.

Analysts Set New Price Targets

A number of research analysts have recently issued reports on the stock. Robert W. Baird set a $39.00 target price on shares of Vontier in a research note on Friday, August 7th. Weiss Ratings upgraded Vontier from a “hold (c-)” rating to a “hold (c)” rating in a research report on Friday, September 4th. KeyCorp increased their price target on Vontier from $35.00 to $40.00 and gave the stock an “overweight” rating in a research report on Friday, August 7th. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $43.00 price target on shares of Vontier in a report on Thursday, July 9th. Four 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 company. Based on data from MarketBeat, Vontier currently has an average rating of “Hold” and a consensus price target of $41.00.

Get Our Latest Stock Report on VNT

Vontier Profile

(Free Report)

Vontier Corporation (NYSE:VNT) is a global industrial technology company that develops and provides solutions for the mobility, transportation and connected infrastructure markets. Its products and services help businesses manage fueling, fleet operations, vehicle maintenance, repair and diagnostics, and related workflows.

Vontier’s portfolio includes technologies for retail and commercial fueling, fuel measurement and environmental compliance, fleet tracking and telematics, automotive repair equipment, diagnostic tools and aftermarket services.

See Also

Institutional Ownership by Quarter for Vontier (NYSE:VNT)

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