Vontier Co. (NYSE:VNT) Given Average Rating of “Moderate Buy” by Analysts

Shares of Vontier Co. (NYSE:VNT) have received an average rating of “Moderate Buy” from the seven analysts that are presently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $45.43.

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

Hedge Funds Weigh In On Vontier

Several institutional investors and hedge funds have recently bought and sold shares of VNT. Blue Trust Inc. grew its holdings in Vontier by 10.9% in the third quarter. Blue Trust Inc. now owns 4,171 shares of the company’s stock worth $141,000 after purchasing an additional 410 shares during the last quarter. Raymond James & Associates grew its holdings in Vontier by 15.7% in the third quarter. Raymond James & Associates now owns 234,891 shares of the company’s stock worth $7,925,000 after purchasing an additional 31,952 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in Vontier by 18.2% in the third quarter. Sequoia Financial Advisors LLC now owns 68,368 shares of the company’s stock worth $2,307,000 after purchasing an additional 10,511 shares during the last quarter. Greenleaf Trust purchased a new position in Vontier in the third quarter worth $2,678,000. Finally, International Assets Investment Management LLC grew its holdings in Vontier by 2,976.5% in the third quarter. International Assets Investment Management LLC now owns 1,046 shares of the company’s stock worth $35,000 after purchasing an additional 1,012 shares during the last quarter. 95.83% of the stock is owned by hedge funds and other institutional investors.

Vontier Stock Down 2.2 %

Shares of NYSE VNT opened at $37.76 on Tuesday. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. The company has a market cap of $5.61 billion, a P/E ratio of 13.73, a PEG ratio of 1.23 and a beta of 1.26. Vontier has a 1 year low of $31.22 and a 1 year high of $45.62. The firm has a 50-day simple moving average of $37.67 and a two-hundred day simple moving average of $36.30.

Vontier (NYSE:VNT) last announced its quarterly earnings data on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.79 by $0.01. Vontier had a net margin of 14.17% and a return on equity of 43.22%. The business had revenue of $776.80 million during the quarter. Research analysts anticipate that Vontier will post 3.13 earnings per share for the current year.

Vontier Announces Dividend

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

Vontier Company Profile

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.