Vontier Co. (NYSE:VNT) Given Consensus Recommendation of "Moderate Buy" by Brokerages

Vontier Co. (NYSE:VNT - Get Free Report) has received an average recommendation of "Moderate Buy" from the eight analysts that are presently covering the company, Marketbeat Ratings reports. Three analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 12-month target price among brokerages that have issued a report on the stock in the last year is $44.25.

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

Hedge Funds Weigh In On Vontier

A number of hedge funds have recently made changes to their positions in the business. Ritholtz Wealth Management raised its stake in shares of Vontier by 3.3% in the 2nd quarter. Ritholtz Wealth Management now owns 13,129 shares of the company's stock valued at $502,000 after acquiring an additional 420 shares during the period. Benjamin Edwards Inc. raised its stake in shares of Vontier by 6.2% in the 2nd quarter. Benjamin Edwards Inc. now owns 7,729 shares of the company's stock valued at $295,000 after acquiring an additional 448 shares during the period. Creative Planning raised its stake in shares of Vontier by 2.8% in the 2nd quarter. Creative Planning now owns 17,918 shares of the company's stock valued at $684,000 after acquiring an additional 491 shares during the period. Blue Trust Inc. raised its stake in shares of Vontier by 15.8% in the 2nd quarter. Blue Trust Inc. now owns 3,761 shares of the company's stock valued at $144,000 after acquiring an additional 513 shares during the period. Finally, Rise Advisors LLC purchased a new stake in Vontier during the 1st quarter worth $27,000. Hedge funds and other institutional investors own 95.83% of the company's stock.

Vontier Price Performance

Shares of VNT stock traded up $0.12 during trading hours on Wednesday, hitting $34.46. The company's stock had a trading volume of 443,346 shares, compared to its average volume of 792,210. The business has a fifty day moving average of $33.74 and a 200-day moving average of $37.58. The stock has a market cap of $5.30 billion, a price-to-earnings ratio of 13.31, a P/E/G ratio of 1.51 and a beta of 1.27. Vontier has a twelve month low of $28.84 and a twelve month high of $45.62. 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 released its quarterly earnings results on Thursday, August 1st. The company reported $0.63 EPS 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 in the prior year, the company earned $0.67 earnings per share. The firm's revenue for the quarter was down 8.9% compared to the same quarter last year. As a group, equities research analysts anticipate that Vontier will post 2.88 EPS for the current year.

Vontier Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 26th. Stockholders of record on Thursday, September 5th were paid a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.29%. The ex-dividend date of this dividend was Thursday, September 5th. Vontier's dividend payout ratio is presently 3.86%.

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.