Vontier Corporation (NYSE:VNT) Declares Quarterly Dividend of $0.03

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

Vontier has a payout ratio of 2.9% meaning its dividend is sufficiently covered by earnings. 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%

VNT stock opened at $27.79 on Wednesday. The company has a current ratio of 1.23, a quick ratio of 0.90 and a debt-to-equity ratio of 1.26. Vontier has a 12-month low of $27.74 and a 12-month high of $48.20. The stock has a market cap of $3.91 billion, a price-to-earnings ratio of 9.82, a PEG ratio of 1.08 and a beta of 1.24. The business’s 50-day moving average is $34.94 and its 200 day moving average is $36.99.

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 the consensus estimate of $0.82 by ($0.02). Vontier had a return on equity of 37.88% and a net margin of 13.37%.The firm had revenue of $750.60 million during the quarter, compared to analyst estimates of $737.21 million. During the same quarter in the previous year, the firm posted $0.77 earnings per share. The company’s quarterly revenue 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 EPS for the current fiscal year.

Vontier announced that its board has initiated a stock buyback program on Tuesday, May 19th that permits the company to repurchase $1.00 billion in outstanding shares. This repurchase authorization permits the company to repurchase up to 25.4% of its stock through open market purchases. Stock repurchase programs are often an indication that the company’s management believes its stock is undervalued.

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.