Vontier Corporation $VNT Stake Cut by Confluence Investment Management LLC

Confluence Investment Management LLC trimmed its holdings in Vontier Corporation (NYSE:VNT) by 8.6% in the third quarter, Holdings Channel.com reports. The institutional investor owned 333,994 shares of the company’s stock after selling 31,621 shares during the quarter. Confluence Investment Management LLC’s holdings in Vontier were worth $10,487,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the stock. BlackRock Inc. acquired a new position in Vontier in the 2nd quarter valued at about $388,315,000. Corient Private Wealth LP purchased a new stake in Vontier during the 2nd quarter valued at approximately $65,037,000. Heron Bay Capital Management acquired a new stake in Vontier during the 2nd quarter worth approximately $55,830,000. Norges Bank acquired a new stake in Vontier during the 4th quarter worth approximately $68,526,000. Finally, Jupiter Topco LLC purchased a new position in shares of Vontier in the 2nd quarter valued at approximately $41,904,000. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Vontier Price Performance

Shares of VNT traded up $0.12 during mid-day trading on Thursday, hitting $31.52. The company’s stock had a trading volume of 256,090 shares, compared to its average volume of 1,451,895. The company has a current ratio of 1.25, a quick ratio of 0.94 and a debt-to-equity ratio of 1.33. The firm has a 50-day simple moving average of $32.47 and a 200 day simple moving average of $32.15. The firm has a market capitalization of $4.26 billion, a P/E ratio of 13.04, a P/E/G ratio of 1.08 and a beta of 1.13. Vontier Corporation has a 1-year low of $27.25 and a 1-year high of $48.20.

Vontier (NYSE:VNT) last posted its quarterly earnings results on Thursday, August 6th. The company reported $0.89 earnings per share for the quarter, beating analysts’ consensus estimates of $0.80 by $0.09. The firm had revenue of $756.70 million for the quarter, compared to the consensus estimate of $747.12 million. Vontier had a return on equity of 38.57% and a net margin of 11.34%.The company’s revenue for the quarter was down 2.2% compared to the same quarter last year. During the same period in the previous year, the business earned $0.79 earnings per share. Vontier has set its FY 2026 guidance at 3.450-3.550 EPS and its Q3 2026 guidance at 0.820-0.860 EPS. Analysts predict that Vontier Corporation will post 3.49 EPS for the current fiscal year.

Vontier Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Stockholders of record on Thursday, September 3rd were paid a dividend of $0.0250 per share. The ex-dividend date of this dividend was Thursday, September 3rd. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. Vontier’s dividend payout ratio is 4.15%.

Analyst Ratings Changes

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

About Vontier

Vontier Corporation (NYSE: VNT) is a global technology company that provides solutions for mobility, transportation, and vehicle repair. Its products and services help businesses manage fueling and convenience-retail operations, monitor vehicle fleets, process transactions, and improve the efficiency and safety of automotive service facilities.

Vontier’s portfolio includes well-known brands such as Gilbarco and Veeder-Root, which provide fuel dispensers, payment systems, automation technology, and fuel-management solutions; Teletrac Navman, which offers fleet-management and telematics services; and Matco Tools, which supplies professional tools, equipment, and related services to automotive technicians.