Vontier Corporation $VNT Stock Sold by Skylands Capital LLC

Skylands Capital LLC trimmed its holdings in shares of Vontier Corporation (NYSE:VNT) by 17.4% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 109,525 shares of the company’s stock after selling 23,075 shares during the period. Skylands Capital LLC owned about 0.08% of Vontier worth $3,439,000 at the end of the most recent quarter.

A number of other large investors also recently modified their holdings of the business. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Vontier in the second quarter valued at approximately $1,841,000. CX Institutional increased its position in shares of Vontier by 873,980.0% during the 3rd quarter. CX Institutional now owns 349,632 shares of the company’s stock worth $10,978,000 after purchasing an additional 349,592 shares during the last quarter. Wellington Management Group LLP acquired a new position in shares of Vontier during the 2nd quarter worth approximately $20,935,000. Bessemer Group Inc. increased 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. Finally, First Trust Advisors LP raised its stake in shares of Vontier by 14.2% during the 1st 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. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

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

Vontier Stock Performance

VNT opened at $34.14 on Thursday. Vontier Corporation has a 12-month low of $27.25 and a 12-month high of $48.20. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of 14.17, a PEG ratio of 1.17 and a beta of 1.13. The business has a 50 day moving average of $32.36 and a 200-day moving average of $31.81. The company has a quick ratio of 0.94, a current ratio of 1.25 and a debt-to-equity ratio of 1.33.

Vontier (NYSE:VNT) last issued its earnings results on Thursday, August 6th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.80 by $0.09. Vontier had a return on equity of 38.57% and a net margin of 11.34%. The company had revenue of $756.70 million during the quarter, compared to the consensus estimate of $747.12 million. During the same period in the previous year, the company posted $0.79 EPS. The firm’s revenue for the quarter 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. On average, equities research analysts expect that Vontier Corporation will post 3.49 earnings per share for the current year.

Vontier Announces Dividend

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

Vontier 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.