Analysts Set Vontier Corporation (NYSE:VNT) PT at $45.63

Vontier Corporation (NYSE:VNT) has received an average rating of “Moderate Buy” from the ten ratings firms that are covering the firm, Marketbeat reports. One analyst has rated the stock with a sell rating, three have given a hold rating and six have given a buy rating to the company. The average twelve-month price objective among brokerages that have issued ratings on the stock in the last year is $45.6250.

Several brokerages have commented on VNT. Robert W. Baird cut their price objective on Vontier from $45.00 to $44.00 and set a “neutral” rating on the stock in a research report on Monday, November 3rd. Bank of America restated an “underperform” rating and issued a $40.00 price target (down from $50.00) on shares of Vontier in a report on Friday, November 14th. Weiss Ratings lowered shares of Vontier from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday. Wall Street Zen cut shares of Vontier from a “buy” rating to a “hold” rating in a research report on Sunday, February 1st. Finally, KeyCorp dropped their target price on shares of Vontier from $50.00 to $45.00 and set an “overweight” rating on the stock in a research note on Friday, October 31st.

Institutional Investors Weigh In On Vontier

A number of institutional investors and hedge funds have recently bought and sold shares of VNT. Parkside Financial Bank & Trust grew its position in shares of Vontier by 39.0% during the 2nd quarter. Parkside Financial Bank & Trust now owns 973 shares of the company’s stock worth $36,000 after buying an additional 273 shares in the last quarter. Quent Capital LLC purchased a new stake in Vontier in the third quarter worth about $37,000. Allworth Financial LP lifted its stake in Vontier by 212.9% in the third quarter. Allworth Financial LP now owns 948 shares of the company’s stock worth $40,000 after acquiring an additional 645 shares during the period. Trust Co. of Toledo NA OH bought a new position in Vontier during the 2nd quarter worth about $53,000. Finally, Steward Partners Investment Advisory LLC increased its position in Vontier by 29.0% during the 2nd quarter. Steward Partners Investment Advisory LLC now owns 1,505 shares of the company’s stock valued at $56,000 after purchasing an additional 338 shares during the period. 95.83% of the stock is owned by institutional investors.

Vontier Stock Up 4.8%

Shares of NYSE:VNT opened at $42.18 on Tuesday. The firm has a market capitalization of $6.12 billion, a PE ratio of 15.45, a price-to-earnings-growth ratio of 1.75 and a beta of 1.28. The business has a 50 day simple moving average of $37.67 and a two-hundred day simple moving average of $39.56. Vontier has a 1 year low of $27.22 and a 1 year high of $43.88. The company has a debt-to-equity ratio of 1.29, a current ratio of 1.18 and a quick ratio of 0.90.

About Vontier

Vontier is a global industrial technology company focused on advancing mobility infrastructure and transportation solutions. Established as a standalone public company in October 2020 through the spin-off of Fortive’s mobility and transportation platforms, Vontier is headquartered in Raleigh, North Carolina. The company’s mission centers on delivering innovative products and services that help customers meet evolving demands in fuel retail, fleet management, and automotive service.

The company’s diversified portfolio spans several well-known brands.