Vontier Corporation (NYSE:VNT) Receives Consensus Rating of "Moderate Buy" from Brokerages

Vontier Corporation (NYSE:VNT - Get Free Report) has been assigned an average rating of "Moderate Buy" from the seven ratings firms that are covering the company, MarketBeat.com 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 brokers that have covered the stock in the last year is $44.83.

A number of equities research analysts have issued reports on VNT shares. Barclays raised their target price on Vontier from $45.00 to $48.00 and gave the company an "overweight" rating in a research note on Monday, May 5th. Evercore ISI lifted their price objective on shares of Vontier from $45.00 to $47.00 and gave the company an "outperform" rating in a research note on Monday, May 19th. Finally, Citigroup cut their price objective on shares of Vontier from $45.00 to $36.00 and set a "buy" rating on the stock in a research note on Monday, April 14th.

Vontier Stock Performance

VNT stock opened at $35.71 on Monday. The company has a debt-to-equity ratio of 1.89, a quick ratio of 1.20 and a current ratio of 1.62. The stock has a market capitalization of $5.28 billion, a price-to-earnings ratio of 14.52, a PEG ratio of 1.25 and a beta of 1.31. Vontier has a 1 year low of $27.22 and a 1 year high of $41.61. The stock's fifty day moving average is $34.36 and its two-hundred day moving average is $35.42.

Vontier (NYSE:VNT - Get Free Report) last posted its 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 company had revenue of $741.10 million for the quarter, compared to analysts' expectations of $723.06 million. Vontier had a return on equity of 41.99% and a net margin of 12.59%. The firm's quarterly revenue was down 1.9% compared to the same quarter last year. During the same period last year, the business posted $0.74 earnings per share. On average, research analysts predict that Vontier will post 3.13 EPS for the current year.

Vontier Dividend Announcement

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

Insider Activity at Vontier

In related 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 transaction of $266,880.96. Following the transaction, the senior vice president now directly owns 88,248 shares of the company's stock, valued at $3,206,932.32. The trade was 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 the SEC website. Company insiders own 0.97% of the company's stock.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the company. Dynamic Advisor Solutions LLC acquired a new position in Vontier during the first quarter worth about $975,000. Proficio Capital Partners LLC acquired a new position in Vontier during the fourth quarter worth about $508,000. Oppenheimer Asset Management Inc. grew its holdings in Vontier by 48.1% during the fourth quarter. Oppenheimer Asset Management Inc. now owns 24,342 shares of the company's stock worth $888,000 after acquiring an additional 7,909 shares during the period. Sequoia Financial Advisors LLC grew its holdings in Vontier by 14.4% during the fourth quarter. Sequoia Financial Advisors LLC now owns 78,201 shares of the company's stock worth $2,852,000 after acquiring an additional 9,833 shares during the period. Finally, GAMMA Investing LLC grew its holdings in Vontier by 5,158.4% during the first quarter. GAMMA Investing LLC now owns 72,566 shares of the company's stock worth $2,209,000 after acquiring an additional 71,186 shares during the period. 95.83% of the stock is owned by institutional investors and hedge funds.

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.

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