Vontier (NYSE:VNT) Price Target Lowered to $36.00 at Citigroup

Vontier (NYSE:VNT) had its price target cut by Citigroup from $45.00 to $36.00 in a research note issued to investors on Monday morning,Benzinga reports. They currently have a buy rating on the stock.

A number of other research analysts also recently weighed in on VNT. Barclays cut their price objective on Vontier from $46.00 to $45.00 and set an “overweight” rating on the stock in a research note on Wednesday, March 26th. Robert W. Baird raised their target price on shares of Vontier from $42.00 to $43.00 and gave the company a “neutral” rating in a research note on Tuesday, February 18th. Two equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $43.17.

Vontier Trading Up 1.1 %

NYSE:VNT opened at $30.27 on Monday. The stock’s 50-day moving average is $34.47 and its two-hundred day moving average is $36.14. The company has a debt-to-equity ratio of 1.97, a current ratio of 1.51 and a quick ratio of 1.14. The stock has a market cap of $4.50 billion, a PE ratio of 11.01, a price-to-earnings-growth ratio of 1.23 and a beta of 1.28. Vontier has a fifty-two week low of $27.22 and a fifty-two week high of $42.04.

Vontier (NYSE:VNT) last issued its earnings results on Thursday, February 13th. The company reported $0.80 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.79 by $0.01. Vontier had a net margin of 14.17% and a return on equity of 43.22%. The company had revenue of $776.80 million during the quarter. As a group, equities research analysts forecast that Vontier will post 3.13 earnings per share for the current fiscal year.

Vontier Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 27th. Shareholders of record on Thursday, March 6th were issued a $0.025 dividend. This represents a $0.10 annualized dividend and a yield of 0.33%. The ex-dividend date was Thursday, March 6th. Vontier’s dividend payout ratio (DPR) is presently 3.64%.

Institutional Trading of Vontier

Several institutional investors have recently made changes to their positions in the business. Benjamin Edwards Inc. raised its stake in shares of Vontier by 2.2% during the fourth quarter. Benjamin Edwards Inc. now owns 12,287 shares of the company’s stock worth $448,000 after buying an additional 270 shares during the last quarter. Foundry Partners LLC lifted its stake in shares of Vontier by 1.9% in the 4th quarter. Foundry Partners LLC now owns 17,304 shares of the company’s stock valued at $631,000 after purchasing an additional 324 shares during the period. Quadrant Capital Group LLC increased its holdings in Vontier by 5.0% in the fourth quarter. Quadrant Capital Group LLC now owns 7,049 shares of the company’s stock valued at $257,000 after purchasing an additional 338 shares during the last quarter. Bailard Inc. lifted its stake in Vontier by 0.6% in the fourth quarter. Bailard Inc. now owns 61,207 shares of the company’s stock valued at $2,232,000 after buying an additional 356 shares during the period. Finally, TD Private Client Wealth LLC grew its position in shares of Vontier by 9.7% during the 3rd quarter. TD Private Client Wealth LLC now owns 4,557 shares of the company’s stock worth $154,000 after buying an additional 404 shares during the period. 95.83% of the stock is currently owned by institutional investors and hedge funds.

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.