Vontier Corporation (NYSE:VNT) Plans $0.03 Quarterly Dividend

Key Points

• Vontier declared a quarterly dividend of $0.025 per share, payable September 24 to shareholders of record on September 3. The dividend equates to $0.10 annually and a 0.3% yield.
• The dividend appears well covered, with a current payout ratio of 2.9% and an expected future payout ratio of 2.7% based on projected earnings of $3.75 per share.
• Vontier reported quarterly EPS of $0.89, exceeding the $0.80 analyst consensus, while revenue of $756.7 million also topped estimates but declined 2.2% year over year.

Vontier Corporation (NYSE:VNT - Get Free Report) announced a quarterly dividend on Thursday, August 13th. Shareholders of record on Thursday, September 3rd will be given a dividend of 0.025 per share on Thursday, September 24th. This represents a c) annualized dividend and a yield of 0.3%. The ex-dividend date is Thursday, September 3rd.

Vontier has a payout ratio of 2.9% indicating that its dividend is sufficiently covered by earnings. Research analysts expect Vontier to earn $3.75 per share next year, which means the company should continue to be able to cover its $0.10 annual dividend with an expected future payout ratio of 2.7%.

Vontier Price Performance

NYSE:VNT opened at $33.10 on Friday. Vontier has a 12-month low of $27.25 and a 12-month high of $48.20. The firm has a market capitalization of $4.48 billion, a price-to-earnings ratio of 13.74, a P/E/G ratio of 1.15 and a beta of 1.15. The stock's 50 day moving average price is $30.53 and its two-hundred day moving average price is $33.98. The company has a quick ratio of 0.94, a current ratio of 1.25 and a debt-to-equity ratio of 1.33.

Vontier (NYSE:VNT - Get Free Report) last issued its earnings results on Thursday, August 6th. The company reported $0.89 EPS for the quarter, topping the consensus estimate of $0.80 by $0.09. Vontier had a return on equity of 38.57% and a net margin of 11.34%.The company had revenue of $756.70 million during the quarter, compared to the consensus estimate of $747.12 million. During the same period in the previous year, the company posted $0.79 EPS. The firm's revenue for the quarter was down 2.2% compared to the same quarter last year. Vontier has set its FY 2026 guidance at 3.450-3.550 EPS and its Q3 2026 guidance at 0.820-0.860 EPS. On average, analysts anticipate that Vontier will post 3.49 earnings per share for the current year.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Lazard Asset Management LLC boosted its position in shares of Vontier by 7.7% in the second quarter. Lazard Asset Management LLC now owns 3,534 shares of the company's stock valued at $129,000 after acquiring an additional 253 shares during the period. Americana Partners LLC increased its position in Vontier by 4.9% during the fourth quarter. Americana Partners LLC now owns 6,217 shares of the company's stock worth $231,000 after acquiring an additional 289 shares during the period. Great Lakes Advisors LLC raised its stake in Vontier by 5.6% in the 4th quarter. Great Lakes Advisors LLC now owns 6,104 shares of the company's stock worth $227,000 after purchasing an additional 321 shares in the last quarter. HB Wealth Management LLC raised its stake in Vontier by 4.3% in the 4th quarter. HB Wealth Management LLC now owns 8,237 shares of the company's stock worth $306,000 after purchasing an additional 340 shares in the last quarter. Finally, Deutsche Bank AG boosted its holdings in Vontier by 2.2% in the 4th quarter. Deutsche Bank AG now owns 17,829 shares of the company's stock valued at $663,000 after purchasing an additional 390 shares during the period. Institutional investors own 95.83% of the company's stock.

Vontier Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Continue following MarketBeat

Add MarketBeat as your preferred source on Google to see our latest stories in your feed.

Add As Preferred Source