Vontier Corporation $VNT Stock Sold by Confluence Investment Management LLC

Confluence Investment Management LLC decreased its stake in shares of Vontier Corporation (NYSE:VNT) by 8.6% during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 333,994 shares of the company’s stock after selling 31,621 shares during the quarter. Confluence Investment Management LLC owned approximately 0.25% of Vontier worth $10,487,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in VNT. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in Vontier in the second quarter valued at approximately $1,841,000. Bessemer Group Inc. lifted its position in shares of Vontier by 21.6% during the 1st quarter. Bessemer Group Inc. now owns 776,603 shares of the company’s stock worth $27,546,000 after purchasing an additional 137,750 shares during the last quarter. ASO GROUP Ltd acquired a new position in shares of Vontier during the fourth quarter worth $4,390,000. First Trust Advisors LP grew its stake in shares of Vontier by 14.2% during the first quarter. First Trust Advisors LP now owns 307,265 shares of the company’s stock worth $10,899,000 after purchasing an additional 38,152 shares in the last quarter. Finally, Wellington Management Group LLP purchased a new position in Vontier in the second quarter valued at $20,935,000. Hedge funds and other institutional investors own 95.83% of the company’s stock.

Wall Street Analysts Forecast Growth

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

Vontier Stock Performance

NYSE VNT traded up $0.12 during trading hours on Thursday, hitting $31.52. The company had a trading volume of 256,090 shares, compared to its average volume of 1,451,895. The business has a 50 day moving average of $32.47 and a 200-day moving average of $32.15. The company has a market cap of $4.26 billion, a PE ratio of 13.04, a price-to-earnings-growth 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. The company has a debt-to-equity ratio of 1.33, a quick ratio of 0.94 and a current ratio of 1.25.

Vontier (NYSE:VNT) last posted its earnings results on Thursday, August 6th. The company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. The business had revenue of $756.70 million for the quarter, compared to analysts’ expectations of $747.12 million. Vontier had a return on equity of 38.57% and a net margin of 11.34%.The business’s revenue was down 2.2% compared to the same quarter last year. During the same quarter in the previous year, the firm 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. As a group, equities research analysts expect that Vontier Corporation will post 3.49 EPS for the current year.

Vontier Announces Dividend

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

Vontier Profile

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.