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

Vontier Co. (NYSE:VNT) has been given a consensus rating of “Moderate Buy” by the eight ratings firms that are covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year price objective among analysts that have updated their coverage on the stock in the last year is $44.50.

A number of research analysts have recently weighed in on the stock. Robert W. Baird dropped their price objective on shares of Vontier from $44.00 to $42.00 and set a “neutral” rating for the company in a research note on Friday, August 2nd. Argus cut Vontier from a “buy” rating to a “hold” rating in a report on Tuesday, August 20th. Evercore ISI decreased their price objective on Vontier from $45.00 to $40.00 and set an “outperform” rating on the stock in a research note on Monday, August 19th. Finally, Barclays boosted their target price on shares of Vontier from $44.00 to $46.00 and gave the company an “overweight” rating in a research note on Tuesday, November 5th.

Institutional Investors Weigh In On Vontier

A number of institutional investors have recently bought and sold shares of the stock. 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 valued at $49,000 after acquiring an additional 395 shares during the period. Blue Trust Inc. grew its holdings in shares of Vontier by 10.9% during the 3rd 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 period. Ritholtz Wealth Management increased its position in Vontier by 3.3% during the 2nd quarter. Ritholtz Wealth Management now owns 13,129 shares of the company’s stock worth $502,000 after purchasing an additional 420 shares in the last quarter. Benjamin Edwards Inc. raised its holdings in Vontier by 6.2% in the second quarter. Benjamin Edwards Inc. now owns 7,729 shares of the company’s stock valued at $295,000 after buying an additional 448 shares during the period. Finally, Creative Planning lifted its position in Vontier by 2.8% during the second quarter. Creative Planning now owns 17,918 shares of the company’s stock valued at $684,000 after buying an additional 491 shares in the last quarter. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

Vontier Stock Down 1.0 %

VNT opened at $40.05 on Friday. The company has a debt-to-equity ratio of 2.10, a quick ratio of 1.23 and a current ratio of 1.64. The company has a market cap of $6.02 billion, a price-to-earnings ratio of 15.34, a PEG ratio of 1.87 and a beta of 1.25. Vontier has a one year low of $31.22 and a one year high of $45.62. The business’s fifty day moving average is $34.37 and its two-hundred day moving average is $36.91.

Vontier (NYSE:VNT) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.73 EPS for the quarter, topping the consensus estimate of $0.69 by $0.04. The business had revenue of $750.00 million for the quarter, compared to analyst estimates of $729.23 million. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The business’s revenue for the quarter was down 2.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.73 EPS. Analysts anticipate that Vontier will post 2.89 EPS for the current fiscal year.

Vontier Announces Dividend

The business also recently disclosed 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. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.25%. The ex-dividend date of this dividend is Thursday, November 21st. Vontier’s dividend payout ratio is currently 3.83%.

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.