Vontier Co. (NYSE:VNT) Receives Average Recommendation of “Moderate Buy” from Analysts

Shares of Vontier Co. (NYSE:VNT) have received a consensus recommendation of “Moderate Buy” from the seven research firms that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $45.43.

Several equities research analysts have recently commented on VNT shares. Robert W. Baird lifted their target price on Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research note on Tuesday, February 18th. UBS Group started coverage on Vontier in a research report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price target on the stock. Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price target on the stock in a research report on Thursday, December 12th. Barclays raised their price target on Vontier from $45.00 to $46.00 and gave the stock an “overweight” rating in a research report on Friday, February 14th. Finally, Citigroup reduced their price target on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Monday, January 13th.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Benjamin Edwards Inc. lifted its holdings in Vontier by 2.2% during the fourth quarter. Benjamin Edwards Inc. now owns 12,287 shares of the company’s stock worth $448,000 after acquiring an additional 270 shares in the last quarter. Foundry Partners LLC lifted its holdings in Vontier by 1.9% during the fourth quarter. Foundry Partners LLC now owns 17,304 shares of the company’s stock worth $631,000 after acquiring an additional 324 shares in the last quarter. Quadrant Capital Group LLC raised its stake in shares of Vontier by 5.0% in the 4th quarter. Quadrant Capital Group LLC now owns 7,049 shares of the company’s stock valued at $257,000 after purchasing an additional 338 shares during the period. Bailard Inc. raised its stake in shares of Vontier by 0.6% in the 4th quarter. Bailard Inc. now owns 61,207 shares of the company’s stock valued at $2,232,000 after purchasing an additional 356 shares during the period. Finally, Covestor Ltd raised its stake in shares of Vontier by 37.1% in the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company’s stock valued at $49,000 after purchasing an additional 395 shares during the period. 95.83% of the stock is currently owned by institutional investors.

Vontier Stock Up 0.6 %

NYSE VNT opened at $37.93 on Tuesday. The stock has a fifty day moving average of $37.64 and a 200-day moving average of $36.35. The stock has a market capitalization of $5.64 billion, a P/E ratio of 13.79, a price-to-earnings-growth ratio of 1.23 and a beta of 1.26. Vontier has a 52 week low of $31.22 and a 52 week high of $45.62. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51.

Vontier (NYSE:VNT) last released its earnings results on Thursday, February 13th. The company reported $0.80 EPS for the quarter, beating the consensus estimate of $0.79 by $0.01. The company had revenue of $776.80 million during the quarter. Vontier had a return on equity of 43.22% and a net margin of 14.17%. On average, equities research analysts forecast that Vontier will post 3.13 EPS for the current year.

Vontier Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be issued a dividend of $0.025 per share. The ex-dividend date is Thursday, March 6th. This represents a $0.10 annualized dividend and a yield of 0.26%. Vontier’s dividend payout ratio is presently 3.64%.

About Vontier

Vontier Corporation provides mobility ecosystem solutions worldwide. The company operates through Mobility Technologies, Repair Solutions, and Environmental and Fueling Solutions segments. The Mobility Technologies segment provides digitally equipment solutions for mobility ecosystem, such as point-of-sale and payment systems, workflow automation, telematics, data analytics, software platform, and integrated solutions for alternative fuel dispensing.