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

Shares of Vontier Co. (NYSE:VNT) have been given an average rating of “Moderate Buy” by the eight analysts that are covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have issued a report on the stock in the last year is $44.50.

A number of equities research analysts recently weighed in on VNT shares. Argus cut shares of Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, August 20th. Barclays upped their target price on shares of Vontier from $44.00 to $46.00 and gave the company an “overweight” rating in a report on Tuesday, November 5th. Finally, Evercore ISI reduced their target price on shares of Vontier from $45.00 to $40.00 and set an “outperform” rating for the company in a report on Monday, August 19th.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently made changes to their positions in VNT. International Assets Investment Management LLC increased its stake in shares of Vontier by 2,976.5% during the third quarter. International Assets Investment Management LLC now owns 1,046 shares of the company’s stock worth $35,000 after acquiring an additional 1,012 shares during the period. Hazlett Burt & Watson Inc. acquired a new position in Vontier during the third quarter worth about $37,000. Wilmington Savings Fund Society FSB acquired a new position in Vontier during the third quarter worth about $40,000. Ashton Thomas Private Wealth LLC acquired a new position in Vontier during the second quarter worth about $44,000. Finally, Covestor Ltd grew its position in Vontier by 37.1% during the third quarter. Covestor Ltd now owns 1,461 shares of the company’s stock worth $49,000 after buying an additional 395 shares during the period. 95.83% of the stock is currently owned by institutional investors and hedge funds.

Vontier Stock Performance

Shares of VNT stock opened at $39.09 on Thursday. The company has a current ratio of 1.64, a quick ratio of 1.23 and a debt-to-equity ratio of 2.10. The firm has a fifty day moving average price of $36.40 and a 200 day moving average price of $36.67. The company has a market cap of $5.87 billion, a P/E ratio of 14.98, a PEG ratio of 1.84 and a beta of 1.24. Vontier has a 12 month low of $31.22 and a 12 month high of $45.62.

Vontier (NYSE:VNT) last announced its quarterly earnings results on Thursday, October 31st. The company reported $0.73 earnings per share for the quarter, beating analysts’ consensus estimates of $0.69 by $0.04. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The firm had revenue of $750.00 million during the quarter, compared to analysts’ expectations of $729.23 million. During the same period in the previous year, the company earned $0.73 earnings per share. Vontier’s quarterly revenue was down 2.0% compared to the same quarter last year. Sell-side analysts predict that Vontier will post 2.89 earnings per share for the current fiscal year.

Vontier Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 12th. Stockholders of record on Thursday, November 21st will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.26%. Vontier’s dividend payout ratio (DPR) is 3.83%.

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.