Brokerages Set Vontier Co. (NYSE:VNT) Price Target at $44.75

Shares of Vontier Co. (NYSE:VNT) have been assigned an average rating of “Moderate Buy” from the seven analysts that are currently covering the firm, MarketBeat Ratings reports. Two 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 brokerages that have issued a report on the stock in the last year is $45.43.

A number of analysts recently issued reports on VNT shares. Wolfe Research raised Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 target price on the stock in a research report on Thursday, December 12th. Barclays lifted their target price on Vontier from $45.00 to $46.00 and gave the company an “overweight” rating in a research report on Friday, February 14th. UBS Group began coverage on Vontier in a research report on Tuesday, December 10th. They issued a “buy” rating and a $47.00 target price on the stock. Citigroup lowered their price target on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a research report on Monday, January 13th. Finally, Robert W. Baird boosted their price target on Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research report on Tuesday, February 18th.

Institutional Investors Weigh In On Vontier

A number of institutional investors have recently made changes to their positions in VNT. Global X Japan Co. Ltd. boosted its holdings in shares of Vontier by 137.7% during the fourth quarter. Global X Japan Co. Ltd. now owns 744 shares of the company’s stock worth $27,000 after acquiring an additional 431 shares during the period. International Assets Investment Management LLC boosted its holdings in shares of Vontier by 2,976.5% during the third quarter. International Assets Investment Management LLC now owns 1,046 shares of the company’s stock worth $35,000 after acquiring an additional 1,012 shares during the period. Hazlett Burt & Watson Inc. bought a new stake in shares of Vontier during the third quarter worth approximately $37,000. Wilmington Savings Fund Society FSB bought a new stake in shares of Vontier during the third quarter worth approximately $40,000. Finally, Covestor Ltd boosted its holdings in shares of Vontier by 37.1% during the third quarter. Covestor Ltd now owns 1,461 shares of the company’s stock worth $49,000 after acquiring an additional 395 shares during the period. Institutional investors own 95.83% of the company’s stock.

Vontier Stock Performance

VNT opened at $37.93 on Tuesday. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. The business’s 50-day moving average price is $37.64 and its two-hundred day moving average price is $36.35. The company has a market capitalization of $5.64 billion, a price-to-earnings ratio of 13.79, a P/E/G ratio of 1.23 and a beta of 1.26. Vontier has a 1 year low of $31.22 and a 1 year high of $45.62.

Vontier (NYSE:VNT) last released its earnings results on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. The business 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%. Equities analysts expect that Vontier will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th will be given a dividend of $0.025 per share. This represents a $0.10 dividend on an annualized basis and a yield of 0.26%. The ex-dividend date of this dividend is Thursday, March 6th. Vontier’s dividend payout ratio (DPR) is presently 3.64%.

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.