Analysts Set Vontier Co. (NYSE:VNT) Target Price at $44.63

Vontier Co. (NYSE:VNT) has received an average rating of “Moderate Buy” from the eight analysts that are covering the stock, Marketbeat reports. Three equities research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 12-month target price among analysts that have covered the stock in the last year is $44.63.

VNT has been the topic of a number of research reports. Barclays decreased their price target on shares of Vontier from $46.00 to $45.00 and set an “overweight” rating on the stock in a research note on Wednesday, January 8th. Wolfe Research raised shares of Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price for the company in a research report on Thursday, December 12th. UBS Group assumed coverage on shares of Vontier in a research note on Tuesday, December 10th. They issued a “buy” rating and a $47.00 price objective for the company. Finally, Citigroup cut their price target on Vontier from $46.00 to $44.00 and set a “buy” rating for the company in a research note on Monday, January 13th.

Hedge Funds Weigh In On Vontier

Large investors have recently modified their holdings of the business. International Assets Investment Management LLC grew its position in shares of Vontier by 2,976.5% in the 3rd quarter. International Assets Investment Management LLC now owns 1,046 shares of the company’s stock valued at $35,000 after buying an additional 1,012 shares during the last quarter. Hazlett Burt & Watson Inc. acquired a new position in Vontier in the third quarter valued at $37,000. Wilmington Savings Fund Society FSB bought a new stake in Vontier during the third quarter valued at $40,000. Covestor Ltd boosted its position in shares of Vontier by 37.1% during the 3rd quarter. Covestor Ltd now owns 1,461 shares of the company’s stock valued at $49,000 after purchasing an additional 395 shares in the last quarter. Finally, Blue Trust Inc. grew its stake in Vontier by 10.9% during the third quarter. Blue Trust Inc. now owns 4,171 shares of the company’s stock worth $141,000 after purchasing an additional 410 shares during the period. Institutional investors own 95.83% of the company’s stock.

Vontier Stock Performance

Shares of VNT opened at $38.57 on Friday. The company has a market cap of $5.79 billion, a PE ratio of 14.78, a price-to-earnings-growth ratio of 1.73 and a beta of 1.26. The firm has a 50-day moving average of $37.76 and a 200-day moving average of $36.26. Vontier has a one year low of $31.22 and a one year high of $45.62. The company has a debt-to-equity ratio of 2.10, a current ratio of 1.64 and a quick ratio of 1.23.

Vontier (NYSE:VNT) last released its quarterly earnings data on Thursday, October 31st. The company reported $0.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.69 by $0.04. Vontier had a return on equity of 45.48% and a net margin of 13.54%. The company had revenue of $750.00 million during the quarter, compared to analysts’ expectations of $729.23 million. During the same period last year, the firm posted $0.73 earnings per share. The business’s revenue was down 2.0% on a year-over-year basis. As a group, equities analysts forecast that Vontier will post 2.88 earnings per share for the current year.

Vontier Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Thursday, December 12th. Shareholders of record on Thursday, November 21st were given a $0.025 dividend. The ex-dividend date of this dividend was Thursday, November 21st. This represents a $0.10 dividend on an annualized basis and a yield of 0.26%. Vontier’s dividend payout ratio is currently 3.83%.

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.