Heron Bay Capital Management Sells 38,141 Shares of Vontier Corporation $VNT

Heron Bay Capital Management cut its holdings in shares of Vontier Corporation (NYSE:VNT) by 4.5% during the 3rd quarter, Holdings Channel reports. The firm owned 809,819 shares of the company’s stock after selling 38,141 shares during the period. Vontier makes up 6.3% of Heron Bay Capital Management’s holdings, making the stock its 2nd largest holding. Heron Bay Capital Management’s holdings in Vontier were worth $33,988,000 at the end of the most recent quarter.

Several other institutional investors have also made changes to their positions in the stock. Lazard Asset Management LLC increased its stake in Vontier by 7.7% during the 2nd quarter. Lazard Asset Management LLC now owns 3,534 shares of the company’s stock worth $129,000 after acquiring an additional 253 shares during the period. Vanguard Personalized Indexing Management LLC lifted its position in shares of Vontier by 0.7% during the 3rd quarter. Vanguard Personalized Indexing Management LLC now owns 38,681 shares of the company’s stock valued at $1,629,000 after acquiring an additional 268 shares during the period. Parkside Financial Bank & Trust grew its holdings in shares of Vontier by 39.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 973 shares of the company’s stock worth $36,000 after purchasing an additional 273 shares in the last quarter. Versant Capital Management Inc increased its position in shares of Vontier by 15.4% in the third quarter. Versant Capital Management Inc now owns 2,235 shares of the company’s stock worth $94,000 after purchasing an additional 299 shares during the period. Finally, Blue Trust Inc. raised its stake in Vontier by 5.8% in the third quarter. Blue Trust Inc. now owns 5,702 shares of the company’s stock valued at $239,000 after purchasing an additional 315 shares in the last quarter. 95.83% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on VNT shares. Bank of America reiterated an “underperform” rating and set a $40.00 price objective (down from $50.00) on shares of Vontier in a research note on Friday, November 14th. Weiss Ratings raised shares of Vontier from a “hold (c+)” rating to a “buy (b-)” rating in a report on Monday, February 23rd. Wall Street Zen upgraded shares of Vontier from a “hold” rating to a “buy” rating in a research report on Saturday, February 14th. KeyCorp boosted their price objective on shares of Vontier from $45.00 to $50.00 and gave the company an “overweight” rating in a research report on Friday, February 13th. Finally, Robert W. Baird set a $47.00 target price on Vontier in a report on Thursday, February 19th. Seven research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $47.63.

Vontier Stock Down 2.2%

Shares of NYSE:VNT opened at $39.63 on Friday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.90 and a current ratio of 1.16. Vontier Corporation has a 52-week low of $27.22 and a 52-week high of $48.20. The company has a market capitalization of $5.61 billion, a PE ratio of 14.36, a price-to-earnings-growth ratio of 1.56 and a beta of 1.27. The company has a fifty day moving average of $39.25 and a 200-day moving average of $39.62.

Vontier (NYSE:VNT) last posted its earnings results on Thursday, February 12th. The company reported $0.86 EPS for the quarter, beating the consensus estimate of $0.85 by $0.01. The firm had revenue of $808.50 million during the quarter, compared to the consensus estimate of $765.12 million. Vontier had a return on equity of 39.25% and a net margin of 13.20%.The business’s quarterly revenue was up 4.1% on a year-over-year basis. During the same period last year, the company earned $0.80 earnings per share. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q1 2026 guidance at 0.780-0.810 EPS. On average, equities analysts predict that Vontier Corporation will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 26th. Shareholders of record on Thursday, March 5th will be given a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.3%. The ex-dividend date is Thursday, March 5th. Vontier’s payout ratio is 3.62%.

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.