Vontier Co. (NYSE:VNT) Receives Consensus Rating of "Moderate Buy" from Analysts

Vontier Co. (NYSE:VNT - Get Free Report) has been given an average rating of "Moderate Buy" by the seven brokerages that are covering the firm, Marketbeat reports. Two research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 1 year price target among brokerages that have issued ratings on the stock in the last year is $44.83.

A number of analysts recently issued reports on VNT shares. Barclays raised their price objective on Vontier from $45.00 to $48.00 and gave the stock an "overweight" rating in a research report on Monday, May 5th. Robert W. Baird raised their price objective on Vontier from $42.00 to $43.00 and gave the stock a "neutral" rating in a research report on Tuesday, February 18th. Evercore ISI raised their price objective on Vontier from $45.00 to $47.00 and gave the stock an "outperform" rating in a research report on Monday, May 19th. Finally, Citigroup cut their price objective on Vontier from $45.00 to $36.00 and set a "buy" rating for the company in a research report on Monday, April 14th.

Vontier Trading Down 0.3%

Shares of NYSE VNT traded down $0.12 during trading on Thursday, hitting $35.63. 762,275 shares of the company were exchanged, compared to its average volume of 913,593. Vontier has a 12-month low of $27.22 and a 12-month high of $41.61. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51. The company has a fifty day moving average price of $32.89 and a 200-day moving average price of $35.67. The firm has a market capitalization of $5.27 billion, a PE ratio of 12.96, a P/E/G ratio of 1.23 and a beta of 1.29.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The company reported $0.77 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.71 by $0.06. The firm had revenue of $741.10 million during the quarter, compared to the consensus estimate of $723.06 million. Vontier had a return on equity of 43.22% and a net margin of 14.17%. The company's quarterly revenue was down 1.9% on a year-over-year basis. During the same period last year, the company earned $0.74 EPS. As a group, equities research analysts expect that Vontier will post 3.13 EPS for the current year.

Vontier Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 26th. Shareholders of record on Thursday, June 5th will be given a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.28%. The ex-dividend date of this dividend is Thursday, June 5th. Vontier's dividend payout ratio is currently 4.07%.

Insider Buying and Selling at Vontier

In other news, SVP Kathryn K. Rowen sold 7,344 shares of Vontier stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $36.34, for a total value of $266,880.96. Following the completion of the transaction, the senior vice president now owns 88,248 shares in the company, valued at approximately $3,206,932.32. This trade represents a 7.68% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.97% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Vontier

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Global X Japan Co. Ltd. lifted its stake in 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 purchasing an additional 431 shares during the last quarter. Brooklyn Investment Group lifted its stake in Vontier by 586.2% during the first quarter. Brooklyn Investment Group now owns 844 shares of the company's stock worth $28,000 after purchasing an additional 721 shares during the last quarter. Olde Wealth Management LLC purchased a new stake in Vontier during the first quarter worth approximately $36,000. Summit Securities Group LLC purchased a new stake in Vontier during the first quarter worth approximately $64,000. Finally, Lazard Asset Management LLC purchased a new stake in Vontier during the fourth quarter worth approximately $73,000. Hedge funds and other institutional investors 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.