Vontier Corporation $VNT Stake Decreased by Sequoia Financial Advisors LLC

Key Points

• Sequoia Financial Advisors cut its Vontier stake by 72% in the second quarter, selling 80,685 shares and retaining 31,410 shares valued at approximately $911,000. Institutional investors collectively own 95.83% of Vontier.
• Analyst sentiment is mixed, with four Buy, three Hold, and one Sell rating; the consensus rating is Hold with an average price target of $41, above the reported $31.80 share price.
• Vontier exceeded quarterly earnings expectations, reporting $0.89 EPS versus an $0.80 estimate and $756.7 million in revenue, though revenue declined 2.2% year over year. The company also announced a quarterly dividend of $0.025 per share.

Sequoia Financial Advisors LLC cut its holdings in shares of Vontier Corporation (NYSE:VNT - Free Report) by 72.0% in the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 31,410 shares of the company's stock after selling 80,685 shares during the period. Sequoia Financial Advisors LLC's holdings in Vontier were worth $911,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in the business. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in Vontier during the 2nd quarter worth $1,841,000. Bessemer Group Inc. increased its holdings in shares of Vontier by 21.6% during the first quarter. Bessemer Group Inc. now owns 776,603 shares of the company's stock valued at $27,546,000 after purchasing an additional 137,750 shares during the period. Northwestern Mutual Wealth Management Co. increased its holdings in shares of Vontier by 1,950.0% during the fourth quarter. Northwestern Mutual Wealth Management Co. now owns 73,758 shares of the company's stock valued at $2,742,000 after purchasing an additional 70,160 shares during the period. ASO GROUP Ltd bought a new stake in shares of Vontier during the fourth quarter valued at about $4,390,000. Finally, First Trust Advisors LP raised 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 valued at $10,899,000 after purchasing an additional 38,152 shares in the last quarter. 95.83% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on VNT. Argus downgraded shares of Vontier from a "buy" rating to a "hold" rating in a report on Tuesday, May 26th. Weiss Ratings raised shares of 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 shares of Vontier in a research report on Friday, August 7th. KeyCorp upped their price target on shares of Vontier from $35.00 to $40.00 and gave the stock an "overweight" rating in a research note on Friday, August 7th. Finally, Wolfe Research reiterated an "outperform" rating and issued a $43.00 price objective on shares of Vontier in a report on Thursday, July 9th. Four analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Hold" and an average price target of $41.00.

Vontier Price Performance

NYSE:VNT opened at $31.80 on Friday. 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 business's 50-day moving average price is $32.22 and its 200 day moving average price is $32.63. Vontier Corporation has a 52-week low of $27.25 and a 52-week high of $48.20. The firm has a market cap of $4.30 billion, a P/E ratio of 13.19, a PEG ratio of 1.08 and a beta of 1.13.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings results on Thursday, August 6th. The company reported $0.89 earnings per share for the quarter, beating analysts' consensus estimates of $0.80 by $0.09. The company had revenue of $756.70 million during the quarter, compared to the consensus estimate of $747.12 million. Vontier had a net margin of 11.34% and a return on equity of 38.57%. Vontier's revenue was down 2.2% on a year-over-year basis. During the same period in the prior year, the company earned $0.79 EPS. 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, sell-side analysts predict that Vontier Corporation will post 3.49 earnings per share for the current fiscal year.

Vontier Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 24th. Investors of record on Thursday, September 3rd will be issued a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.3%. The ex-dividend date is Thursday, September 3rd. Vontier's dividend payout ratio (DPR) is presently 4.15%.

About Vontier

Vontier Corporation NYSE: VNT is a global technology company that provides solutions for mobility, transportation and vehicle service industries. Its products and software help businesses manage fueling, fleet operations, vehicle maintenance, payments and other aspects of transportation infrastructure.

Vontier's portfolio includes fueling equipment and payment systems, fuel management and site-management technologies, electric vehicle charging solutions, fleet management and telematics software, and tools and equipment used in automotive repair.

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