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

Shares of Vontier Corporation (NYSE:VNT - Get Free Report) have received a consensus rating of "Moderate Buy" from the seven research firms that are presently covering the firm, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 12-month price objective among brokers that have covered the stock in the last year is $46.33.

Several research analysts recently commented on VNT shares. Evercore ISI raised their price target on shares of Vontier from $45.00 to $47.00 and gave the stock an "outperform" rating in a research note on Monday, May 19th. Barclays raised their target price on shares of Vontier from $45.00 to $48.00 and gave the company an "overweight" rating in a research report on Monday, May 5th. Finally, Citigroup reissued a "buy" rating and set a $45.00 target price (up previously from $37.00) on shares of Vontier in a research report on Monday, July 14th.

Vontier Stock Performance

VNT stock traded down $0.36 during midday trading on Friday, reaching $38.08. 621,107 shares of the company's stock traded hands, compared to its average volume of 937,600. Vontier has a 52-week low of $27.22 and a 52-week high of $40.99. The stock has a market cap of $5.63 billion, a P/E ratio of 15.48, a PEG ratio of 1.34 and a beta of 1.30. The company has a current ratio of 1.62, a quick ratio of 1.20 and a debt-to-equity ratio of 1.89. The stock's 50-day moving average is $36.80 and its 200 day moving average is $35.44.

Vontier (NYSE:VNT - Get Free Report) last posted its earnings results on Thursday, May 1st. The company reported $0.77 earnings per share for the quarter, beating the consensus estimate of $0.71 by $0.06. The company had revenue of $741.10 million during the quarter, compared to analysts' expectations of $723.06 million. Vontier had a net margin of 12.59% and a return on equity of 41.99%. Vontier's quarterly revenue was down 1.9% on a year-over-year basis. During the same period last year, the company posted $0.74 earnings per share. As a group, analysts anticipate that Vontier will post 3.13 EPS for the current year.

Vontier Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Thursday, June 26th. Shareholders of record on Thursday, June 5th were paid a dividend of $0.025 per share. This represents a $0.10 annualized dividend and a yield of 0.26%. The ex-dividend date of this dividend was Thursday, June 5th. Vontier's dividend payout ratio (DPR) is presently 4.07%.

Insider Activity at Vontier

In other news, SVP Kathryn K. Rowen sold 7,344 shares of the firm's stock in a transaction that occurred on Monday, May 12th. The shares were 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 owned 88,248 shares of the company's stock, valued at approximately $3,206,932.32. This trade represents a 7.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders own 0.97% of the company's stock.

Institutional Trading of Vontier

Several hedge funds have recently added to or reduced their stakes in VNT. Robeco Institutional Asset Management B.V. increased its holdings in shares of Vontier by 3.2% in the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 79,514 shares of the company's stock valued at $2,934,000 after acquiring an additional 2,432 shares during the period. Mountain Pacific Investment Advisers LLC increased its stake in Vontier by 3.3% in the 2nd quarter. Mountain Pacific Investment Advisers LLC now owns 40,343 shares of the company's stock valued at $1,489,000 after buying an additional 1,290 shares during the period. Greenleaf Trust increased its stake in Vontier by 1.8% in the 2nd quarter. Greenleaf Trust now owns 79,692 shares of the company's stock valued at $2,941,000 after buying an additional 1,389 shares during the period. Janney Montgomery Scott LLC increased its stake in Vontier by 1.6% in the 2nd quarter. Janney Montgomery Scott LLC now owns 41,649 shares of the company's stock valued at $1,537,000 after buying an additional 638 shares during the period. Finally, Signet Financial Management LLC acquired a new position in Vontier in the 2nd quarter valued at $2,239,000. Institutional investors and hedge funds 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.