Vontier Corporation (NYSE:VNT – Get Free Report) announced a quarterly dividend on Thursday, August 13th. Investors 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 of this dividend is Thursday, September 3rd.
Vontier has a dividend 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 Stock Performance
Shares of NYSE VNT opened at $32.85 on Friday. The stock’s fifty day moving average price is $30.62 and its two-hundred day moving average price is $33.97. The firm has a market cap of $4.44 billion, a price-to-earnings ratio of 13.63, a P/E/G ratio of 1.14 and a beta of 1.15. Vontier has a one year low of $27.25 and a one year high of $48.20. The company has a debt-to-equity ratio of 1.33, a current ratio of 1.25 and a quick ratio of 0.94.
Analysts Set New Price Targets
VNT has been the topic of a number of analyst reports. Argus downgraded Vontier from a “buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Wolfe Research reaffirmed an “outperform” rating and issued a $43.00 price objective on shares of Vontier in a report on Thursday, July 9th. KeyCorp upped their target price on Vontier from $35.00 to $40.00 and gave the company an “overweight” rating in a research report on Friday, August 7th. Wall Street Zen lowered Vontier from a “buy” rating to a “hold” rating in a report on Saturday, May 9th. Finally, Evercore set a $36.00 price target on Vontier in a research report on Monday, May 11th. Five investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $41.00.
View Our Latest Report on Vontier
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.
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