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, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 809,819 shares of the company’s stock after selling 38,141 shares during the quarter. Vontier makes up 6.3% of Heron Bay Capital Management’s portfolio, making the stock its 2nd largest position. Heron Bay Capital Management owned about 0.56% of Vontier worth $33,988,000 as of its most recent SEC filing.

Other hedge funds also recently modified their holdings of the company. Vanguard Group Inc. raised its holdings in Vontier by 0.8% during the third quarter. Vanguard Group Inc. now owns 16,896,994 shares of the company’s stock worth $709,167,000 after acquiring an additional 135,780 shares in the last quarter. Corient Private Wealth LLC increased its position in shares of Vontier by 104.6% during the 2nd quarter. Corient Private Wealth LLC now owns 4,793,944 shares of the company’s stock worth $176,897,000 after purchasing an additional 2,450,723 shares during the last quarter. River Road Asset Management LLC raised its stake in shares of Vontier by 24.5% during the 2nd quarter. River Road Asset Management LLC now owns 3,115,850 shares of the company’s stock worth $114,975,000 after purchasing an additional 613,746 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Vontier by 3.8% during the 3rd quarter. Dimensional Fund Advisors LP now owns 2,982,770 shares of the company’s stock worth $125,184,000 after purchasing an additional 108,390 shares in the last quarter. Finally, Franklin Resources Inc. boosted its holdings in shares of Vontier by 81.6% in the 2nd quarter. Franklin Resources Inc. now owns 2,824,376 shares of the company’s stock valued at $104,219,000 after buying an additional 1,269,063 shares during the last quarter. Institutional investors own 95.83% of the company’s stock.

Vontier Trading Down 2.2%

Shares of NYSE:VNT opened at $39.63 on Friday. Vontier Corporation has a 12-month low of $27.22 and a 12-month high of $48.20. The business has a 50 day moving average of $39.25 and a 200-day moving average of $39.62. The company has a quick ratio of 0.90, a current ratio of 1.16 and a debt-to-equity ratio of 1.27. The stock has a market cap of $5.61 billion, a PE ratio of 14.36, a P/E/G ratio of 1.56 and a beta of 1.27.

Vontier (NYSE:VNT) last announced its earnings results on Thursday, February 12th. The company reported $0.86 earnings per share for the quarter, topping analysts’ consensus estimates of $0.85 by $0.01. The company had revenue of $808.50 million for the quarter, compared to analyst estimates of $765.12 million. Vontier had a return on equity of 39.25% and a net margin of 13.20%.The firm’s quarterly revenue was up 4.1% compared to the same quarter last year. During the same quarter 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. As a group, equities research analysts forecast that Vontier Corporation will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 26th. Stockholders 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 of this dividend is Thursday, March 5th. Vontier’s payout ratio is presently 3.62%.

Wall Street Analyst Weigh In

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

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.