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

Shares of Vontier Co. (NYSE:VNT - Get Free Report) have received an average recommendation of "Moderate Buy" from the seven ratings firms that are presently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $44.83.

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

Insider Activity

In related news, SVP Kathryn K. Rowen sold 7,344 shares of the firm's stock in a transaction dated Monday, May 12th. The stock was sold at an average price of $36.34, for a total transaction of $266,880.96. Following the sale, the senior vice president now directly owns 88,248 shares of the company's stock, valued at $3,206,932.32. This trade represents a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders own 0.97% of the company's stock.

Institutional Investors Weigh In On Vontier

Hedge funds have recently bought and sold shares of the stock. Benjamin Edwards Inc. lifted its stake in shares of Vontier by 2.2% in the 4th quarter. Benjamin Edwards Inc. now owns 12,287 shares of the company's stock valued at $448,000 after purchasing an additional 270 shares during the period. Klein Pavlis & Peasley Financial Inc. increased its holdings in Vontier by 0.8% in the first quarter. Klein Pavlis & Peasley Financial Inc. now owns 37,000 shares of the company's stock valued at $1,218,000 after buying an additional 300 shares in the last quarter. Foundry Partners LLC increased its holdings in Vontier by 1.9% in the fourth quarter. Foundry Partners LLC now owns 17,304 shares of the company's stock valued at $631,000 after buying an additional 324 shares in the last quarter. DekaBank Deutsche Girozentrale raised its position in shares of Vontier by 3.8% in the first quarter. DekaBank Deutsche Girozentrale now owns 9,287 shares of the company's stock worth $301,000 after acquiring an additional 337 shares during the period. Finally, Quadrant Capital Group LLC boosted its stake in shares of Vontier by 5.0% during the 4th quarter. Quadrant Capital Group LLC now owns 7,049 shares of the company's stock worth $257,000 after acquiring an additional 338 shares in the last quarter. Hedge funds and other institutional investors own 95.83% of the company's stock.

Vontier Stock Down 0.8%

Shares of VNT traded down $0.30 during mid-day trading on Thursday, hitting $35.79. 1,014,757 shares of the company traded hands, compared to its average volume of 914,649. The company has a market capitalization of $5.29 billion, a PE ratio of 13.01, a price-to-earnings-growth ratio of 1.23 and a beta of 1.29. The company has a quick ratio of 1.14, a current ratio of 1.51 and a debt-to-equity ratio of 1.97. The business has a 50 day moving average of $32.83 and a 200 day moving average of $35.76. Vontier has a 1-year low of $27.22 and a 1-year high of $41.61.

Vontier (NYSE:VNT - Get Free Report) last issued its quarterly earnings results on Thursday, May 1st. The company reported $0.77 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.71 by $0.06. The business had revenue of $741.10 million for the quarter, compared to analyst estimates of $723.06 million. Vontier had a net margin of 14.17% and a return on equity of 43.22%. Vontier's revenue for the quarter was down 1.9% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.74 EPS. Equities research analysts anticipate that Vontier will post 3.13 EPS for the current year.

Vontier Announces Dividend

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

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.