Vontier Co. (NYSE:VNT) Given Average Rating of "Moderate Buy" by Brokerages

Shares of Vontier Co. (NYSE:VNT - Get Free Report) have been given an average rating of "Moderate Buy" by the seven analysts that are presently covering the stock, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average twelve-month price target among brokerages that have covered the stock in the last year is $44.50.

Several brokerages have recently weighed in on VNT. Citigroup dropped their price target on shares of Vontier from $46.00 to $44.00 and set a "buy" rating on the stock in a research note on Monday, January 13th. Robert W. Baird lifted their price objective on shares of Vontier from $42.00 to $43.00 and gave the company a "neutral" rating in a research report on Tuesday, February 18th. Finally, Barclays decreased their target price on Vontier from $46.00 to $45.00 and set an "overweight" rating on the stock in a research report on Wednesday, March 26th.

Institutional Investors Weigh In On Vontier

A number of institutional investors and hedge funds have recently modified their holdings of VNT. Norges Bank bought a new position in Vontier in the fourth quarter worth approximately $64,869,000. Millennium Management LLC grew its stake in Vontier by 659.9% during the 4th quarter. Millennium Management LLC now owns 860,423 shares of the company's stock worth $31,380,000 after buying an additional 747,196 shares during the last quarter. J. Goldman & Co LP purchased a new stake in shares of Vontier during the fourth quarter worth about $17,478,000. Capital World Investors increased its stake in Vontier by 39.4% during the 4th quarter. Capital World Investors now owns 1,128,451 shares of the company's stock valued at $41,155,000 after purchasing an additional 318,775 shares in the last quarter. Finally, Point72 Asset Management L.P. increased its position in shares of Vontier by 821.7% in the 4th quarter. Point72 Asset Management L.P. now owns 321,674 shares of the company's stock valued at $11,731,000 after acquiring an additional 286,774 shares during the period. 95.83% of the stock is owned by institutional investors.

Remove Ads

Vontier Stock Performance

Shares of NYSE VNT traded up $0.19 during midday trading on Wednesday, hitting $29.92. 959,609 shares of the stock traded hands, compared to its average volume of 864,809. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51. Vontier has a one year low of $27.22 and a one year high of $42.04. The firm has a market capitalization of $4.45 billion, a P/E ratio of 10.88, a PEG ratio of 1.23 and a beta of 1.28. The firm has a 50-day moving average of $34.64 and a two-hundred day moving average of $36.17.

Vontier (NYSE:VNT - Get Free Report) last posted its earnings results on Thursday, February 13th. The company reported $0.80 earnings per share for the quarter, beating analysts' consensus estimates of $0.79 by $0.01. The company had revenue of $776.80 million for the quarter. Vontier had a return on equity of 43.22% and a net margin of 14.17%. On average, equities analysts forecast that Vontier will post 3.13 EPS for the current fiscal year.

Vontier Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were issued a dividend of $0.025 per share. The ex-dividend date of this dividend was Thursday, March 6th. This represents a $0.10 annualized dividend and a yield of 0.33%. Vontier's payout ratio is 3.64%.

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.