Vontier Corporation (NYSE:VNT) Receives Average Recommendation of "Moderate Buy" from Brokerages

Key Points

• Vontier Corporation (NYSE:VNT) has received a consensus recommendation of "Moderate Buy" from nine brokerages, with price targets averaging $47.50.
• Vontier's recent earnings report showed an EPS of $0.79, surpassing expectations, and the company expects to achieve 3.100-3.200 EPS for FY 2025.
• The company declared a quarterly dividend of $0.025 per share, translating to an annual yield of 0.2%, set to be paid on September 25th.

Vontier Corporation (NYSE:VNT - Get Free Report) has been assigned a consensus recommendation of "Moderate Buy" from the nine ratings firms that are currently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, six have assigned a buy rating and one has issued a strong buy rating on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $47.50.

A number of analysts have recently weighed in on VNT shares. Barclays reissued an "overweight" rating on shares of Vontier in a research report on Monday, August 4th. Robert W. Baird raised their price target on Vontier from $40.00 to $45.00 and gave the stock a "neutral" rating in a report on Monday, August 4th. Wall Street Zen upgraded Vontier from a "buy" rating to a "strong-buy" rating in a research note on Saturday, August 2nd. The Goldman Sachs Group restated a "neutral" rating on shares of Vontier in a report on Thursday, July 31st. Finally, Citigroup reiterated a "buy" rating and issued a $45.00 target price (up from $37.00) on shares of Vontier in a research note on Monday, July 14th.

Hedge Funds Weigh In On Vontier

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the company. Corient Private Wealth LLC grew its stake in Vontier by 104.6% during the 2nd quarter. Corient Private Wealth LLC now owns 4,793,944 shares of the company's stock valued at $176,897,000 after purchasing an additional 2,450,723 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in shares of Vontier by 39.7% during the first quarter. Ameriprise Financial Inc. now owns 3,515,334 shares of the company's stock worth $115,479,000 after purchasing an additional 999,755 shares during the period. Fuller & Thaler Asset Management Inc. lifted its holdings in shares of Vontier by 2.0% during the first quarter. Fuller & Thaler Asset Management Inc. now owns 3,390,111 shares of the company's stock worth $111,365,000 after purchasing an additional 66,620 shares during the period. River Road Asset Management LLC boosted its position in Vontier by 24.5% in the second quarter. River Road Asset Management LLC now owns 3,115,850 shares of the company's stock valued at $114,975,000 after buying an additional 613,746 shares during the last quarter. Finally, Franklin Resources Inc. increased its holdings in Vontier by 81.6% in the 2nd quarter. Franklin Resources Inc. now owns 2,824,376 shares of the company's stock worth $104,219,000 after buying an additional 1,269,063 shares during the period. Hedge funds and other institutional investors own 95.83% of the company's stock.

Vontier Stock Up 0.2%

Shares of Vontier stock opened at $43.39 on Friday. The company has a quick ratio of 0.80, a current ratio of 1.08 and a debt-to-equity ratio of 1.32. The company has a market cap of $6.37 billion, a P/E ratio of 16.50, a PEG ratio of 1.43 and a beta of 1.31. The firm's 50 day moving average price is $40.52 and its 200-day moving average price is $36.37. Vontier has a 52-week low of $27.22 and a 52-week high of $43.78.

Vontier (NYSE:VNT - Get Free Report) last posted its earnings results on Thursday, July 31st. The company reported $0.79 EPS for the quarter, beating analysts' consensus estimates of $0.72 by $0.07. Vontier had a net margin of 12.99% and a return on equity of 41.96%. The company had revenue of $773.50 million during the quarter, compared to analysts' expectations of $734.23 million. During the same quarter in the prior year, the company posted $0.63 earnings per share. Vontier's revenue for the quarter was up 11.1% compared to the same quarter last year. Vontier has set its FY 2025 guidance at 3.100-3.200 EPS. Q3 2025 guidance at 0.740-0.780 EPS. On average, sell-side analysts predict that Vontier will post 3.13 EPS for the current fiscal year.

Vontier Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th will be paid a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a dividend yield of 0.2%. The ex-dividend date is Thursday, September 4th. Vontier's payout ratio is presently 3.80%.

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.

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