Vontier Co. (NYSE:VNT) Receives $45.43 Consensus Target Price from Brokerages

Vontier Co. (NYSE:VNT) has earned an average rating of “Moderate Buy” from the seven analysts that are presently covering the stock, MarketBeat reports. Two research 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 brokers that have updated their coverage on the stock in the last year is $45.43.

VNT has been the subject of a number of research reports. Barclays boosted their target price on shares of Vontier from $45.00 to $46.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. Robert W. Baird boosted their price objective on Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a report on Tuesday, February 18th. Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price on the stock in a report on Thursday, December 12th. UBS Group began coverage on Vontier in a research report on Tuesday, December 10th. They set a “buy” rating and a $47.00 price target for the company. Finally, Citigroup lowered their price objective 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 large investors have recently made changes to their positions in the business. Global X Japan Co. Ltd. increased its holdings in Vontier by 137.7% in the 4th quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock worth $27,000 after acquiring an additional 431 shares in the last quarter. Wilmington Savings Fund Society FSB acquired a new stake in shares of Vontier in the third quarter valued at about $40,000. Covestor Ltd increased its stake in shares of Vontier by 37.1% during the third quarter. Covestor Ltd now owns 1,461 shares of the company’s stock worth $49,000 after purchasing an additional 395 shares in the last quarter. Lazard Asset Management LLC acquired a new position in shares of Vontier during the 4th quarter worth about $73,000. Finally, Farther Finance Advisors LLC lifted its stake in Vontier by 44.5% in the 4th quarter. Farther Finance Advisors LLC now owns 2,273 shares of the company’s stock valued at $83,000 after buying an additional 700 shares in the last quarter. 95.83% of the stock is owned by institutional investors and hedge funds.

Vontier Trading Up 1.0 %

Shares of NYSE:VNT opened at $33.47 on Friday. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97. Vontier has a 52-week low of $31.22 and a 52-week high of $45.62. The stock has a market cap of $4.98 billion, a price-to-earnings ratio of 12.17, a PEG ratio of 1.23 and a beta of 1.26. The business has a 50-day moving average price of $37.01 and a 200-day moving average price of $36.39.

Vontier (NYSE:VNT) last issued its quarterly earnings results on Thursday, February 13th. The company reported $0.80 earnings per share 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 company had revenue of $776.80 million for the quarter. Equities analysts predict that Vontier will post 3.13 EPS for the current year.

Vontier Dividend Announcement

The firm also recently disclosed 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 0.30%. The ex-dividend date of this dividend is Thursday, March 6th. Vontier’s 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.