Vontier (NYSE:VNT) Stock Price Expected to Rise, Barclays Analyst Says

Vontier (NYSE:VNT - Free Report) had its price objective raised by Barclays from $45.00 to $46.00 in a research report released on Friday morning,Benzinga reports. The brokerage currently has an overweight rating on the stock.

Several other equities research analysts have also issued reports on VNT. Citigroup lowered their price objective on Vontier from $46.00 to $44.00 and set a "buy" rating for the company in a research note on Monday, January 13th. Wolfe Research raised shares of Vontier from a "peer perform" rating to an "outperform" rating and set a $48.00 price objective for the company in a research note on Thursday, December 12th. Finally, UBS Group began coverage on shares of Vontier in a research report on Tuesday, December 10th. They set a "buy" rating and a $47.00 price objective on the stock. Three research analysts have rated the stock with a hold rating and five have issued a buy rating to the company's stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus price target of $44.88.

Vontier Price Performance

VNT traded up $0.90 during trading hours on Friday, hitting $40.17. The company's stock had a trading volume of 974,735 shares, compared to its average volume of 653,130. Vontier has a 12 month low of $31.22 and a 12 month high of $45.62. 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 business's 50-day moving average price is $37.71 and its 200-day moving average price is $36.19. The stock has a market cap of $6.03 billion, a price-to-earnings ratio of 15.39, a P/E/G ratio of 1.75 and a beta of 1.26.

Vontier (NYSE:VNT - Get Free Report) last announced its earnings results on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.79 by $0.01. Vontier had a net margin of 13.54% and a return on equity of 45.48%. The firm had revenue of $776.80 million for the quarter. Sell-side analysts expect that Vontier will post 2.88 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Stockholders of record on Thursday, March 6th will be issued a $0.025 dividend. 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, March 6th. Vontier's payout ratio is presently 3.83%.

Institutional Investors Weigh In On Vontier

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Benjamin Edwards Inc. increased its position in shares of Vontier by 2.2% during the fourth quarter. Benjamin Edwards Inc. now owns 12,287 shares of the company's stock worth $448,000 after acquiring an additional 270 shares during the period. Foundry Partners LLC grew its stake in Vontier by 1.9% in the fourth quarter. Foundry Partners LLC now owns 17,304 shares of the company's stock worth $631,000 after purchasing an additional 324 shares in the last quarter. Quadrant Capital Group LLC increased its holdings in Vontier by 5.0% during the 4th quarter. Quadrant Capital Group LLC now owns 7,049 shares of the company's stock worth $257,000 after purchasing an additional 338 shares during the period. Bailard Inc. raised its position in Vontier by 0.6% during the 4th quarter. Bailard Inc. now owns 61,207 shares of the company's stock valued at $2,232,000 after purchasing an additional 356 shares in the last quarter. Finally, Covestor Ltd lifted its holdings in shares of Vontier by 37.1% in the 3rd 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. Institutional investors own 95.83% of the company's stock.

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.