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

Shares of Vontier Co. (NYSE:VNT) have received an average recommendation of “Moderate Buy” from the nine analysts that are presently covering the stock, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and six have issued a buy rating on the company. The average 12 month price target among analysts that have covered the stock in the last year is $44.44.

A number of analysts recently weighed in on VNT shares. Barclays increased their price objective on shares of Vontier from $44.00 to $46.00 and gave the stock an “overweight” rating in a research report on Tuesday, November 5th. UBS Group initiated coverage on Vontier in a research note on Tuesday, December 10th. They issued a “buy” rating and a $47.00 target price on the stock. Wolfe Research upgraded shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price target on the stock in a report on Thursday, December 12th. Finally, Citigroup boosted their price objective on shares of Vontier from $44.00 to $46.00 and gave the company a “buy” rating in a research report on Monday, December 9th.

Vontier Trading Up 1.8 %

Shares of VNT stock opened at $36.72 on Monday. The company has a market cap of $5.52 billion, a PE ratio of 14.07, a price-to-earnings-growth ratio of 1.85 and a beta of 1.26. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.64 and a quick ratio of 1.23. The stock’s 50 day simple moving average is $37.97 and its two-hundred day simple moving average is $36.38. Vontier has a 1 year low of $31.22 and a 1 year high of $45.62.

Vontier (NYSE:VNT) last posted 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. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The company had revenue of $750.00 million during the quarter, compared to analyst estimates of $729.23 million. During the same period in the previous year, the firm earned $0.73 earnings per share. Vontier’s quarterly revenue was down 2.0% compared to the same quarter last year. Research analysts predict that Vontier will post 2.89 earnings per share for the current year.

Vontier Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, December 12th. Investors of record on Thursday, November 21st were paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a yield of 0.27%. The ex-dividend date of this dividend was Thursday, November 21st. Vontier’s dividend payout ratio (DPR) is 3.83%.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Geode Capital Management LLC boosted its position in Vontier by 0.7% during the third quarter. Geode Capital Management LLC now owns 2,571,207 shares of the company’s stock valued at $86,776,000 after purchasing an additional 18,091 shares in the last quarter. Dimensional Fund Advisors LP raised its stake in shares of Vontier by 12.1% during the 2nd quarter. Dimensional Fund Advisors LP now owns 2,565,767 shares of the company’s stock worth $98,011,000 after acquiring an additional 277,389 shares in the last quarter. Mackenzie Financial Corp lifted its position in Vontier by 9.8% during the second quarter. Mackenzie Financial Corp now owns 2,541,319 shares of the company’s stock valued at $97,078,000 after acquiring an additional 227,388 shares during the last quarter. River Road Asset Management LLC boosted its stake in Vontier by 21.4% in the third quarter. River Road Asset Management LLC now owns 2,356,558 shares of the company’s stock valued at $79,510,000 after acquiring an additional 415,750 shares in the last quarter. Finally, Thompson Siegel & Walmsley LLC grew its holdings in Vontier by 2.3% in the second quarter. Thompson Siegel & Walmsley LLC now owns 1,943,778 shares of the company’s stock worth $74,252,000 after purchasing an additional 44,254 shares during the last quarter. 95.83% of the stock is currently owned by hedge funds and other institutional investors.

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.