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

Vontier Corporation (NYSE:VNT) announced a quarterly dividend on Tuesday, May 19th. Stockholders of record on Thursday, June 4th will be paid a dividend of 0.025 per share on Thursday, June 25th. This represents a c) dividend on an annualized basis and a dividend yield of 0.4%. The ex-dividend date of this dividend is Thursday, June 4th.

Vontier has a dividend payout ratio of 2.9% indicating that its dividend is sufficiently covered by earnings. Equities research analysts expect Vontier to earn $3.70 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 Trading Down 0.7%

Shares of NYSE:VNT traded down $0.20 during trading on Tuesday, reaching $27.79. 3,058,517 shares of the stock were exchanged, compared to its average volume of 1,318,137. The firm has a market cap of $3.91 billion, a price-to-earnings ratio of 9.82, a price-to-earnings-growth ratio of 1.08 and a beta of 1.24. Vontier has a 12-month low of $27.74 and a 12-month high of $48.20. The firm’s 50-day moving average price is $35.16 and its 200 day moving average price is $37.09. The company has a debt-to-equity ratio of 1.26, a quick ratio of 0.90 and a current ratio of 1.23.

Vontier (NYSE:VNT) last posted its quarterly earnings data on Thursday, May 7th. The company reported $0.80 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.82 by ($0.02). Vontier had a net margin of 13.37% and a return on equity of 37.88%. The firm had revenue of $750.60 million for the quarter, compared to analysts’ expectations of $737.21 million. During the same quarter in the prior year, the business earned $0.77 EPS. The company’s revenue for the quarter was up 1.3% on a year-over-year basis. Vontier has set its FY 2026 guidance at 3.350-3.500 EPS and its Q2 2026 guidance at 0.780-0.810 EPS. On average, sell-side analysts anticipate that Vontier will post 3.41 earnings per share for the current fiscal year.

Institutional Trading of Vontier

A number of hedge funds have recently made changes to their positions in VNT. Allworth Financial LP increased its position 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 buying an additional 645 shares during the period. Employees Retirement System of Texas acquired a new stake in Vontier in the third quarter worth $58,000. Scarborough Advisors LLC acquired a new stake in Vontier in the first quarter worth $57,000. Clearstead Advisors LLC increased its holdings in shares of Vontier by 82.8% during the fourth quarter. Clearstead Advisors LLC now owns 1,665 shares of the company’s stock valued at $62,000 after purchasing an additional 754 shares during the period. Finally, Quarry LP increased its holdings in shares of Vontier by 5,897.1% during the third quarter. Quarry LP now owns 2,099 shares of the company’s stock valued at $88,000 after purchasing an additional 2,064 shares during the period. Institutional investors and hedge funds own 95.83% of the company’s stock.

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.