Vontier Co. (NYSE:VNT) Receives Consensus Rating of “Hold” from Analysts

Shares of Vontier Co. (NYSE:VNT) have earned a consensus rating of “Hold” from the seven research firms that are currently covering the firm, MarketBeat.com reports. Four analysts have rated the stock with a hold rating and three have given a buy rating to the company. The average 1-year price target among analysts that have updated their coverage on the stock in the last year is $31.00.

Several research firms have recently weighed in on VNT. UBS Group assumed coverage on Vontier in a research note on Wednesday, September 27th. They issued a “buy” rating and a $38.00 price objective on the stock. TheStreet upgraded Vontier from a “c+” rating to a “b” rating in a report on Monday, September 25th. Finally, Barclays boosted their price objective on Vontier from $35.00 to $40.00 and gave the company an “overweight” rating in a research report on Monday, August 7th.

Institutional Trading of Vontier

Hedge funds have recently bought and sold shares of the stock. US Bancorp DE grew its stake in shares of Vontier by 13.4% during the 1st quarter. US Bancorp DE now owns 11,389 shares of the company’s stock worth $289,000 after acquiring an additional 1,347 shares in the last quarter. Citigroup Inc. grew its stake in shares of Vontier by 15.0% in the first quarter. Citigroup Inc. now owns 41,549 shares of the company’s stock valued at $1,054,000 after buying an additional 5,420 shares in the last quarter. MetLife Investment Management LLC grew its stake in shares of Vontier by 38.4% in the first quarter. MetLife Investment Management LLC now owns 113,425 shares of the company’s stock valued at $2,880,000 after buying an additional 31,497 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its stake in shares of Vontier by 10.5% in the first quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 61,959 shares of the company’s stock valued at $1,573,000 after buying an additional 5,908 shares in the last quarter. Finally, BlackRock Inc. grew its stake in shares of Vontier by 1.6% in the first quarter. BlackRock Inc. now owns 14,668,635 shares of the company’s stock valued at $372,436,000 after buying an additional 228,497 shares in the last quarter. 94.77% of the stock is currently owned by institutional investors and hedge funds.

Vontier Stock Up 0.7 %

VNT opened at $33.75 on Thursday. The company has a quick ratio of 1.14, a current ratio of 1.50 and a debt-to-equity ratio of 3.07. The firm has a market cap of $5.21 billion, a P/E ratio of 15.63, a PEG ratio of 4.02 and a beta of 1.21. Vontier has a 52 week low of $18.13 and a 52 week high of $34.23. The business’s fifty day simple moving average is $30.84 and its 200 day simple moving average is $30.55.

Vontier Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 21st. Shareholders of record on Thursday, November 30th will be issued a dividend of $0.025 per share. The ex-dividend date is Wednesday, November 29th. This represents a $0.10 annualized dividend and a yield of 0.30%. Vontier’s dividend payout ratio (DPR) is currently 4.63%.

Vontier Company Profile

Vontier Corporation engages in the research and development, manufacture, sale, and distribution of technical equipment, components, software, and services for manufacturing, repairing, and servicing in the mobility ecosystem worldwide. The company offers a range of solutions, including environmental sensors; fueling equipment; field payment hardware; point-of sale, workflow, and monitoring software; vehicle tracking and fleet management; software solutions for traffic light control; and vehicle mechanics', and technicians' equipment.