Segment Wealth Management LLC trimmed its position in Vontier Corporation (NYSE:VNT – Free Report) by 62.1% during the third quarter, Holdings Channel reports. The institutional investor owned 9,884 shares of the company’s stock after selling 16,176 shares during the quarter. Segment Wealth Management LLC’s holdings in Vontier were worth $310,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors also recently made changes to their positions in the company. Integrated Wealth Concepts LLC bought a new stake in shares of Vontier during the second quarter worth $39,000. Scarborough Advisors LLC acquired a new position in shares of Vontier during the first quarter valued at $57,000. Global Retirement Partners LLC bought a new position in Vontier in the second quarter valued at about $103,000. IFP Advisors Inc boosted its holdings in Vontier by 131.1% in the second quarter. IFP Advisors Inc now owns 3,628 shares of the company’s stock valued at $105,000 after acquiring an additional 2,058 shares during the last quarter. Finally, State of Wyoming bought a new position in Vontier in the second quarter valued at about $110,000. 95.83% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
VNT has been the subject of a number of research reports. Robert W. Baird set a $39.00 price objective on Vontier in a research report on Friday, August 7th. Weiss Ratings upgraded shares of Vontier from a “hold (c-)” rating to a “hold (c)” rating in a research 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 report on Thursday, July 9th. Finally, KeyCorp increased their price objective on shares of Vontier from $35.00 to $40.00 and gave the company an “overweight” rating in a report on Friday, August 7th. Four equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average target price of $41.00.
Get Our Latest Research Report on VNT
Vontier Stock Performance
NYSE:VNT opened at $34.76 on Wednesday. Vontier Corporation has a 12-month low of $27.25 and a 12-month high of $48.20. The stock’s fifty day simple moving average is $32.50 and its 200-day simple moving average is $33.84.
Vontier (NYSE:VNT – Get Free Report) last announced its quarterly earnings data on Thursday, August 6th. The company reported $0.89 EPS for the quarter, topping analysts’ consensus estimates of $0.80 by $0.09. The company had revenue of $756.70 million for the quarter, compared to analyst estimates of $747.12 million. The firm’s revenue for the quarter was down 2.2% on a year-over-year basis. During the same period last 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. On average, equities analysts anticipate that Vontier Corporation will post 3.49 EPS for the current fiscal year.
Vontier Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, September 24th. Shareholders of record on Thursday, September 3rd were issued a dividend of $0.0250 per share. 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 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.
See Also
- Five stocks we like better than Vontier
- Coca-Cola Stock Is Everything AI Isn’t—And That’s Its Biggest Strength
- Apple’s Foldable iPhone Sold Out in Minutes, But Wall Street Has Questions
- Netflix Is Making Big Changes, But Can It Fix What’s Really Hurting Growth?
- Charging Ahead: Solid Power’s Pilot Line Leaves the Lab
Want to see what other hedge funds are holding VNT? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Vontier Corporation (NYSE:VNT – Free Report).
Receive News & Ratings for Vontier Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Vontier and related companies with MarketBeat.com's FREE daily email newsletter.
