Welcome to our dedicated page for Vontier news (Ticker: VNT), a resource for investors and traders seeking the latest updates and insights on Vontier stock.
Vontier Corporation is a global industrial technology company serving the mobility ecosystem with productivity, automation and multi-energy technologies. News about VNT commonly covers operating results, portfolio actions, sustainability reporting and products from businesses such as Driivz, ANGI Energy, Gasboy, DRB and Teletrac Navman.
Company updates also address EV charging software, energy management, CNG and RNG compression and dispensing systems, fueling operations, fleet technology, car wash point-of-sale tools, material agreements, governance matters and capital-structure activity.
Vontier (NYSE: VNT) has been recognized on Newsweek's America's Most Responsible Companies 2025 list, marking its second consecutive year with a significant improvement to rank #240. The company has demonstrated notable achievements in sustainability, including:
- 36% reduction in Total Recordable Incident Rate and 47% reduction in Days Away Restricted Time
- Participation in the United Nations Global Compact 'Forward Faster' initiative
- 20% year-over-year reduction in absolute Scope 1 and 2 GHG emissions
- 40% cumulative reduction in absolute Scope 1 and 2 GHG emissions from 2020 base year
The company's efforts focus on creating a connected, sustainable mobility ecosystem through various energy solutions including compressed natural gas, renewable natural gas, hydrogen, and electrification.
Vontier (NYSE: VNT), a global provider of mobility ecosystem technologies, has announced upcoming investor conference participations. CFO Anshooman Aga will conduct a fireside chat at the Goldman Sachs Industrials and Materials Conference on December 4th at 11:20 a.m. ET, with one-on-one investor meetings. He will also host investor meetings at the UBS Industrials and Transportation Conference on December 5th. The Goldman Sachs presentation will be webcast live on Vontier's website investor relations section, with a replay available afterward.
Gilbarco Veeder-Root (GVR), a Vontier business, has secured a $15 million tender with Indian Oil (IOCL) for Red Jacket® submersible turbine pumps. The product delivery will span across IOCL's retail sites throughout India over the next 12 months. This follows a previous tender secured in September for retail fuel dispensers and services. GVR has maintained presence in India since 1955, with its main manufacturing facility in Coimbatore. Additionally, Invenco by GVR has recently opened a software development center in Bengaluru to support global and India software needs.
Vontier (NYSE: VNT) has announced its Board of Directors declared a regular quarterly cash dividend of $0.025 per share. The dividend will be paid on December 12, 2024, to stockholders of record as of November 21, 2024. While the company anticipates maintaining quarterly dividend payments, future declarations, amounts, record dates, and payment dates remain subject to Board discretion.
RaceTrac has selected Vontier's (NYSE: VNT) Invenco by GVR asset management cloud-based solution to remotely manage forecourt assets across its 800+ stores in 13 states. The system helps maximize operational efficiency through remote management, preventative maintenance, and automated work orders. RaceTrac reported avoiding 10,000 truck rolls last year, with 59% of work orders being created automatically. The cloud-based platform includes APIs for seamless integration with hardware, software, and services, enabling improved accuracy and faster issue resolution while reducing operational expenses.
Vontier (NYSE: VNT), a provider of critical technologies for the mobility ecosystem, has announced upcoming investor conference participations. CFO Anshooman Aga will conduct a fireside chat at the Baird 2024 Global Industrial Conference on November 12th at 2:10 p.m. ET and hold one-on-one investor meetings. He will also host investor meetings at the Scotia Bank 24th Annual Transportation & Industrials Conference on November 13th. The Baird presentation will be available via webcast on Vontier's website with replay access.
Vontier (VNT) reported Q3 2024 results with sales of $750 million, down 2% year-over-year, while core sales increased 2.8%. The company posted GAAP diluted EPS of $0.60 and adjusted EPS of $0.73. Operating profit declined 7.8% to $131.5 million, with margins decreasing 110 basis points to 17.5%. The Environmental & Fueling Solutions segment showed strong performance with 8.5% core sales growth, while Repair Solutions declined 5.1%. Vontier narrowed its full-year 2024 adjusted EPS guidance to a midpoint of $2.90 and initiated Q4 2024 adjusted EPS guidance of approximately $0.79.
Vontier (NYSE: VNT) announced that its Board Chair, Karen C. Francis, has been named to the 2024 NACD Directorship 100 by the National Association of Corporate Directors. This annual award recognizes influential directors and leaders in corporate governance who demonstrate excellence through innovation, courage, and integrity.
Karen has served as Vontier's Board Chair since its public debut in 2020, playing a important role in establishing the company and its board. She also serves on Vontier's Nominating & Governance Committee and on the board of Polestar Automotive. Karen's experience includes serving as an independent director for private-equity and venture-capital funded companies in Silicon Valley and as a Senior Advisor to TPG Capital.
The honorees will be recognized at the 2024 NACD Directorship 100 Gala in New York City on December 16 and featured in NACD Directorship® magazine's annual list of influential people in boardrooms and corporate governance.
Victor Capital Partners has successfully closed its oversubscribed Fund II with $310 million in capital commitments, exceeding fundraising targets. The fund, led by partners Douglas Korn, David Affinito, and Matthew McLain, will focus on private equity investments in branded businesses across the specialty consumer, industrial technology, and business services sectors.
Fund II aims to deploy $25 million to $100 million of equity capital per transaction, targeting lower middle market businesses with defensive characteristics and significant value potential. The firm's first investment from Fund II was the January 2024 acquisition of The Coats Company, a Nashville-based manufacturer of wheel service equipment, from Vontier (NYSE: VNT).
Vontier (NYSE: VNT) will showcase cutting-edge innovations at the National Association of Convenience Stores (NACS) Conference from October 7-10, 2024, in Las Vegas. The company's brands, including Gilbarco Veeder-Root, Invenco by GVR, and DRB, will present solutions addressing key challenges for convenience store owners and operators.
The exhibition will focus on four main themes:
- Unified Payment: Featuring Invenco by GVR's FlexPay® 6 payment terminals
- Remote Management and Connectivity: Cloud-based solutions for integrated device management
- Productivity: Enabling multi-channel ordering and Invenco by GVR's Passport system
- Energy Diversification: Gilbarco Veeder-Root's Konect™ EV charging solution
The event will include an in-booth speaker series, original research presentations, and opportunities for one-on-one meetings with company executives.