Barclays Has Lowered Expectations for Vontier (NYSE:VNT) Stock Price

Vontier (NYSE:VNT) had its target price lowered by Barclays from $46.00 to $45.00 in a research report sent to investors on Wednesday morning,Benzinga reports. The firm currently has an overweight rating on the stock.

Several other research firms have also recently issued reports on VNT. Robert W. Baird increased their target price on shares of Vontier from $42.00 to $43.00 and gave the stock a “neutral” rating in a research note on Tuesday, February 18th. Wolfe Research upgraded Vontier from a “peer perform” rating to an “outperform” rating and set a $48.00 price objective on the stock in a research report on Thursday, December 12th. UBS Group started coverage on Vontier in a research report on Tuesday, December 10th. They set a “buy” rating and a $47.00 target price for the company. Finally, Citigroup lowered their price target on Vontier from $46.00 to $44.00 and set a “buy” rating on the stock in a report on Monday, January 13th. Two equities research analysts have rated the stock with a hold rating and five have assigned a buy rating to the stock. According to MarketBeat.com, Vontier has an average rating of “Moderate Buy” and an average price target of $44.50.

Vontier Stock Performance

NYSE:VNT opened at $32.77 on Wednesday. The business’s fifty day moving average is $36.53 and its 200 day moving average is $36.37. The firm has a market cap of $4.87 billion, a price-to-earnings ratio of 11.92, a PEG ratio of 1.23 and a beta of 1.26. The company has a debt-to-equity ratio of 1.97, a quick ratio of 1.14 and a current ratio of 1.51. Vontier has a 52-week low of $31.22 and a 52-week high of $45.62.

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

Vontier Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, March 27th. Investors of record on Thursday, March 6th were paid a $0.025 dividend. The ex-dividend date was Thursday, March 6th. This represents a $0.10 dividend on an annualized basis and a yield of 0.31%. Vontier’s dividend payout ratio is presently 3.64%.

Institutional Investors Weigh In On Vontier

Several hedge funds have recently added to or reduced their stakes in the company. 111 Capital bought a new stake in shares of Vontier in the 4th quarter worth approximately $576,000. Wealth Enhancement Advisory Services LLC raised its position in Vontier by 13.4% in the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 6,760 shares of the company’s stock worth $247,000 after purchasing an additional 801 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Vontier during the fourth quarter valued at about $3,386,000. Mackenzie Financial Corp grew its stake in shares of Vontier by 0.8% during the fourth quarter. Mackenzie Financial Corp now owns 2,540,329 shares of the company’s stock valued at $92,646,000 after buying an additional 20,649 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its holdings in shares of Vontier by 13.4% in the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 521,525 shares of the company’s stock worth $19,020,000 after buying an additional 61,690 shares during the period. Institutional investors 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.