Vontier Co. (NYSE:VNT) Receives $44.25 Consensus Target Price from Analysts

Shares of Vontier Co. (NYSE:VNT - Get Free Report) have earned an average recommendation of "Moderate Buy" from the eight brokerages that are covering the company, MarketBeat Ratings reports. Three research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12 month target price among brokers that have covered the stock in the last year is $44.25.

A number of analysts have issued reports on VNT shares. Evercore ISI decreased their price target on Vontier from $45.00 to $40.00 and set an "outperform" rating on the stock in a research note on Monday, August 19th. Argus cut shares of Vontier from a "buy" rating to a "hold" rating in a research report on Tuesday, August 20th. Barclays dropped their price target on shares of Vontier from $50.00 to $44.00 and set an "overweight" rating for the company in a research report on Monday, August 5th. Finally, Robert W. Baird decreased their price target on shares of Vontier from $44.00 to $42.00 and set a "neutral" rating on the stock in a report on Friday, August 2nd.

Vontier Price Performance

Shares of NYSE:VNT remained flat at $34.96 during trading on Tuesday. 703,467 shares of the stock were exchanged, compared to its average volume of 768,962. Vontier has a twelve month low of $28.84 and a twelve month high of $45.62. The firm's fifty day moving average is $37.22 and its two-hundred day moving average is $39.84. The firm has a market cap of $5.40 billion, a PE ratio of 12.58, a P/E/G ratio of 1.51 and a beta of 1.29. The company has a current ratio of 1.69, a quick ratio of 1.26 and a debt-to-equity ratio of 2.14.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings results on Thursday, August 1st. The company reported $0.63 earnings per share for the quarter, missing the consensus estimate of $0.71 by ($0.08). Vontier had a net margin of 13.43% and a return on equity of 49.17%. The business had revenue of $696.40 million during the quarter, compared to analyst estimates of $746.43 million. During the same quarter last year, the firm posted $0.67 earnings per share. The company's revenue was down 8.9% on a year-over-year basis. As a group, equities analysts forecast that Vontier will post 2.88 EPS for the current year.

Vontier Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 26th. Shareholders of record on Thursday, September 5th will be paid a dividend of $0.025 per share. The ex-dividend date of this dividend is Thursday, September 5th. This represents a $0.10 annualized dividend and a yield of 0.29%. Vontier's dividend payout ratio is currently 3.62%.

Hedge Funds Weigh In On Vontier

Hedge funds and other institutional investors have recently made changes to their positions in the business. KPP Advisory Services LLC grew its stake in shares of Vontier by 12.5% in the second quarter. KPP Advisory Services LLC now owns 15,345 shares of the company's stock valued at $586,000 after buying an additional 1,707 shares in the last quarter. Aristides Capital LLC purchased a new position in Vontier in the 2nd quarter worth approximately $250,000. Cetera Investment Advisers grew its position in Vontier by 4.4% in the second quarter. Cetera Investment Advisers now owns 44,010 shares of the company's stock valued at $1,681,000 after acquiring an additional 1,872 shares in the last quarter. IMS Capital Management raised its stake in shares of Vontier by 14.9% during the second quarter. IMS Capital Management now owns 15,410 shares of the company's stock valued at $589,000 after purchasing an additional 2,000 shares during the period. Finally, Truist Financial Corp lifted its position in shares of Vontier by 5.5% during the second quarter. Truist Financial Corp now owns 1,292,288 shares of the company's stock worth $49,365,000 after purchasing an additional 67,947 shares in the last quarter. Institutional investors and hedge funds own 95.83% of the company's stock.

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.