London Co. of Virginia Sells 20,610 Shares of Vontier Corporation $VNT

London Co. of Virginia cut its position in Vontier Corporation (NYSE:VNT) by 2.4% in the 1st quarter, Holdings Channel.com reports. The institutional investor owned 826,573 shares of the company’s stock after selling 20,610 shares during the period. London Co. of Virginia’s holdings in Vontier were worth $29,319,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in VNT. Franklin Resources Inc. lifted its stake in Vontier by 11.1% in the fourth quarter. Franklin Resources Inc. now owns 5,803,510 shares of the company’s stock valued at $215,774,000 after acquiring an additional 577,914 shares during the last quarter. Corient Private Wealth LLC increased its stake 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 worth $176,897,000 after purchasing an additional 2,450,723 shares during the last quarter. Boston Partners bought a new stake in shares of Vontier in the 4th quarter valued at about $132,438,000. River Road Asset Management LLC raised its holdings in shares of Vontier by 6.7% in the 4th quarter. River Road Asset Management LLC now owns 3,298,671 shares of the company’s stock valued at $122,645,000 after purchasing an additional 206,157 shares during the period. Finally, Dimensional Fund Advisors LP lifted its stake in Vontier by 6.8% in the 4th quarter. Dimensional Fund Advisors LP now owns 3,184,318 shares of the company’s stock valued at $118,403,000 after purchasing an additional 201,548 shares during the last quarter. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Vontier Price Performance

Vontier stock opened at $30.78 on Friday. Vontier Corporation has a 12 month low of $27.25 and a 12 month high of $48.20. The stock’s 50 day moving average is $29.23 and its 200-day moving average is $34.46. The company has a current ratio of 1.23, a quick ratio of 0.90 and a debt-to-equity ratio of 1.26. The company has a market capitalization of $4.33 billion, a price-to-earnings ratio of 10.87, a PEG ratio of 1.16 and a beta of 1.16.

Vontier (NYSE:VNT) last announced its earnings results on Thursday, May 7th. The company reported $0.80 earnings per share for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.02). The firm had revenue of $750.60 million for the quarter, compared to the consensus estimate of $737.21 million. Vontier had a return on equity of 37.88% and a net margin of 13.37%.Vontier’s revenue for the quarter was up 1.3% on a year-over-year basis. During the same quarter last year, the business posted $0.77 EPS. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q2 2026 guidance at 0.780-0.810 EPS. Equities research analysts expect that Vontier Corporation will post 3.39 EPS for the current year.

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

Vontier Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, June 25th. Shareholders of record on Thursday, June 4th were given a dividend of $0.025 per share. The ex-dividend date was 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%.

Wall Street Analyst Weigh In

A number of research firms recently commented on VNT. Barclays reduced their price target on Vontier from $50.00 to $45.00 and set an “overweight” rating for the company in a report on Friday, May 8th. Weiss Ratings downgraded Vontier from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 19th. Evercore set a $36.00 price objective on shares of Vontier in a research report on Monday, May 11th. Robert W. Baird set a $37.00 price objective on shares of Vontier in a report on Friday, May 8th. Finally, Wall Street Zen lowered shares of Vontier from a “buy” rating to a “hold” rating in a research report on Saturday, May 9th. Six equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $41.89.

Vontier Profile

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.