London Co. of Virginia Decreases Position in Vontier Corporation $VNT

London Co. of Virginia cut its position in Vontier Corporation (NYSE:VNT) by 5.0% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 847,183 shares of the company’s stock after selling 44,605 shares during the period. London Co. of Virginia owned approximately 0.60% of Vontier worth $31,498,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Jupiter Asset Management Ltd. purchased a new position in Vontier in the third quarter worth about $2,201,000. JPMorgan Chase & Co. raised its holdings in shares of Vontier by 6.9% during the third quarter. JPMorgan Chase & Co. now owns 427,447 shares of the company’s stock valued at $17,941,000 after purchasing an additional 27,426 shares during the last quarter. Neo Ivy Capital Management purchased a new position in shares of Vontier during the third quarter valued at approximately $1,004,000. Crossmark Global Holdings Inc. raised its holdings in shares of Vontier by 618.5% during the third quarter. Crossmark Global Holdings Inc. now owns 76,009 shares of the company’s stock valued at $3,190,000 after purchasing an additional 65,430 shares during the last quarter. Finally, Northwestern Mutual Wealth Management Co. raised its holdings in shares of Vontier by 1,950.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 73,758 shares of the company’s stock valued at $2,742,000 after purchasing an additional 70,160 shares during the last quarter. 95.83% of the stock is owned by hedge funds and other institutional investors.

Vontier Stock Up 0.7%

VNT opened at $29.74 on Wednesday. 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 1-year low of $27.25 and a 1-year high of $48.20. The company has a market capitalization of $4.19 billion, a PE ratio of 10.51, a PEG ratio of 1.12 and a beta of 1.16. The firm’s 50 day simple moving average is $32.03 and its two-hundred day simple moving average is $35.91.

Vontier (NYSE:VNT) last released 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 business posted $0.77 earnings per share. The firm’s 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. As a group, equities analysts forecast that Vontier Corporation will post 3.39 EPS for the current year.

Vontier declared that its board has authorized a stock buyback program on Tuesday, May 19th that allows the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization allows the company to purchase up to 25.4% of its stock through open market purchases. Stock repurchase programs are usually a sign that the company’s management believes its shares are undervalued.

Vontier Dividend Announcement

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

Analyst Ratings Changes

Several research analysts have recently weighed in on the stock. Argus cut shares of Vontier from a “buy” rating to a “hold” rating in a report on Tuesday, May 26th. 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 report on Friday, May 8th. KeyCorp decreased their price objective on shares of Vontier from $50.00 to $40.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Evercore set a $36.00 price objective on shares of Vontier in a report on Monday, May 11th. Finally, Barclays decreased their price objective on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Five research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $42.38.

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.