Skylands Capital LLC lowered its stake in Vontier Corporation (NYSE:VNT – Free Report) by 17.4% during the third quarter, Holdings Channel reports. The institutional investor owned 109,525 shares of the company’s stock after selling 23,075 shares during the period. Skylands Capital LLC’s holdings in Vontier were worth $3,439,000 as of its most recent filing with the SEC.
Other large investors have also recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Vontier during the second quarter worth approximately $388,315,000. Corient Private Wealth LP bought a new stake in shares of Vontier during the second quarter worth approximately $65,037,000. Heron Bay Capital Management acquired a new position in shares of Vontier in the second quarter valued at approximately $55,830,000. Jupiter Topco LLC acquired a new position in shares of Vontier in the second quarter valued at approximately $41,904,000. Finally, Bank of New York Mellon Corp acquired a new position in shares of Vontier in the second quarter valued at approximately $30,220,000. 95.83% of the stock is owned by institutional investors.
Analysts Set New Price Targets
A number of equities analysts have recently weighed in on the company. Weiss Ratings upgraded Vontier from a “hold (c-)” rating to a “hold (c)” rating in a research note on Friday, September 4th. Robert W. Baird set a $39.00 price target on Vontier in a research note on Friday, August 7th. Wolfe Research restated an “outperform” rating and issued a $43.00 price target on shares of Vontier in a research note on Thursday, July 9th. Finally, KeyCorp upped their price objective on Vontier from $35.00 to $40.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Four 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’s stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $41.00.
Read Our Latest Stock Report on Vontier
Vontier Stock Performance
NYSE VNT opened at $34.14 on Thursday. The company has a quick ratio of 0.94, a current ratio of 1.25 and a debt-to-equity ratio of 1.33. The company has a market capitalization of $4.62 billion, a P/E ratio of 14.17, a P/E/G ratio of 1.17 and a beta of 1.13. Vontier Corporation has a 12-month low of $27.25 and a 12-month high of $48.20. The firm has a 50-day moving average price of $32.36 and a two-hundred day moving average price of $31.81.
Vontier (NYSE:VNT – Get Free Report) last announced its earnings results on Thursday, August 6th. The company reported $0.89 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. Vontier had a net margin of 11.34% and a return on equity of 38.57%. The firm had revenue of $756.70 million for the quarter, compared to analyst estimates of $747.12 million. During the same quarter in the prior year, the business posted $0.79 EPS. The business’s revenue was down 2.2% compared to the same quarter last year. 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 anticipate that Vontier Corporation will post 3.49 earnings per share for the current year.
Vontier Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, September 24th. Investors of record on Thursday, September 3rd were paid a $0.0250 dividend. This represents a $0.10 annualized dividend and a dividend yield of 0.3%. The ex-dividend date was Thursday, September 3rd. Vontier’s payout ratio is 4.15%.
Vontier Company Profile
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.
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