Brokerages Set Vontier Corporation (NYSE:VNT) PT at $47.50

Shares of Vontier Corporation (NYSE:VNT) have received a consensus recommendation of “Moderate Buy” from the ten analysts that are currently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold rating, six have issued a buy rating and one has issued a strong buy rating on the company. The average 12-month price objective among analysts that have covered the stock in the last year is $47.50.

A number of research firms have commented on VNT. Evercore ISI reaffirmed an “outperform” rating on shares of Vontier in a research report on Tuesday, August 19th. Citigroup reissued a “buy” rating and issued a $45.00 target price (up previously from $37.00) on shares of Vontier in a research report on Monday, July 14th. Wall Street Zen raised shares of Vontier from a “buy” rating to a “strong-buy” rating in a research report on Saturday, August 2nd. Argus raised shares of Vontier from a “hold” rating to a “buy” rating and set a $47.00 target price for the company in a research report on Tuesday, August 5th. Finally, Barclays reissued an “overweight” rating on shares of Vontier in a research report on Monday, August 4th.

Institutional Investors Weigh In On Vontier

Institutional investors and hedge funds have recently bought and sold shares of the company. New York State Teachers Retirement System lifted its position in Vontier by 4.5% during the first quarter. New York State Teachers Retirement System now owns 175,630 shares of the company’s stock worth $5,769,000 after purchasing an additional 7,547 shares during the period. Sequoia Financial Advisors LLC lifted its position in Vontier by 9.9% during the first quarter. Sequoia Financial Advisors LLC now owns 85,944 shares of the company’s stock worth $2,823,000 after purchasing an additional 7,743 shares during the period. Oppenheimer Asset Management Inc. lifted its position in Vontier by 23.8% during the first quarter. Oppenheimer Asset Management Inc. now owns 30,142 shares of the company’s stock worth $990,000 after purchasing an additional 5,800 shares during the period. Avantax Advisory Services Inc. bought a new stake in Vontier during the first quarter worth about $285,000. Finally, Hsbc Holdings PLC lifted its position in Vontier by 259.8% during the first quarter. Hsbc Holdings PLC now owns 48,391 shares of the company’s stock worth $1,586,000 after purchasing an additional 34,940 shares during the period. Institutional investors own 95.83% of the company’s stock.

Vontier Price Performance

Shares of VNT opened at $42.71 on Friday. The company has a market cap of $6.27 billion, a price-to-earnings ratio of 16.24, a PEG ratio of 1.42 and a beta of 1.30. Vontier has a 1-year low of $27.22 and a 1-year high of $43.88. The company’s fifty day simple moving average is $42.21 and its 200 day simple moving average is $38.53. The company has a current ratio of 1.08, a quick ratio of 0.80 and a debt-to-equity ratio of 1.32.

Vontier (NYSE:VNT) last issued its earnings results on Thursday, July 31st. The company reported $0.79 earnings per share for the quarter, topping 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 business had revenue of $773.50 million for the quarter, compared to the consensus estimate of $734.23 million. During the same period in the previous year, the company earned $0.63 earnings per share. The firm’s revenue for the quarter was up 11.1% on a year-over-year basis. Vontier has set its FY 2025 guidance at 3.100-3.200 EPS. Q3 2025 guidance at 0.740-0.780 EPS. On average, research analysts forecast that Vontier will post 3.13 earnings per share for the current fiscal year.

Vontier Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 25th. Stockholders of record on Thursday, September 4th were given a $0.025 dividend. This represents a $0.10 dividend on an annualized basis and a dividend yield of 0.2%. The ex-dividend date of this dividend was Thursday, September 4th. Vontier’s payout ratio is presently 3.80%.

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.