Janney Montgomery Scott LLC Lowers Holdings in Vontier Corporation $VNT

Janney Montgomery Scott LLC reduced its stake in shares of Vontier Corporation (NYSE:VNT) by 54.5% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. 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 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of VNT. Boston Partners acquired a new stake in shares of Vontier during the 4th quarter worth approximately $132,438,000. Corient Private Wealth LLC increased its holdings 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 purchasing an additional 2,450,723 shares in the last quarter. Norges Bank acquired a new position in shares of Vontier in the 4th quarter valued at $68,526,000. Arrowstreet Capital Limited Partnership lifted its stake in shares of Vontier by 107.7% in the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 1,944,880 shares of the company’s stock valued at $81,627,000 after purchasing an additional 1,008,340 shares during the period. Finally, Franklin Resources Inc. boosted its holdings in Vontier by 11.1% during 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 in the last quarter. 95.83% of the stock is owned by institutional investors and hedge funds.

Vontier Stock Performance

Vontier stock opened at $29.32 on Wednesday. The firm has a 50 day simple moving average of $29.21 and a 200-day simple moving average of $34.86. The stock has a market cap of $4.13 billion, a price-to-earnings ratio of 10.36, a price-to-earnings-growth ratio of 1.11 and a beta of 1.16. The company has a debt-to-equity ratio of 1.26, a current ratio of 1.23 and a quick ratio of 0.90. Vontier Corporation has a 1-year low of $27.25 and a 1-year high of $48.20.

Vontier (NYSE:VNT) last announced its quarterly earnings data on Thursday, May 7th. The company reported $0.80 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.82 by ($0.02). Vontier had a net margin of 13.37% and a return on equity of 37.88%. The company had revenue of $750.60 million during the quarter, compared to analyst estimates 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. On average, analysts expect that Vontier Corporation will post 3.39 EPS for the current year.

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

Vontier Announces Dividend

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

Wall Street Analyst Weigh In

VNT has been the subject of a number of recent analyst reports. Citigroup cut 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. Weiss Ratings lowered shares of Vontier from a “hold (c+)” rating to a “hold (c)” rating in a research note on Tuesday, May 19th. Argus cut Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Barclays cut their price target on Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a research note on Friday, May 8th. Finally, Evercore set a $36.00 price target on Vontier in a report on Monday, May 11th. Six investment analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target 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.