Vontier Corp Stock Price, News & Analysis

Vontier Corporation (NYSE: VNT) has set a target to reduce its Scope 1 and 2 greenhouse gas (GHG) emissions by 45% by 2030, with a long-term goal of achieving Net Zero emissions by 2050. This initiative aligns with the Paris Climate Agreement and is based on the guidelines of the Science Based Target initiative (SBTi). The company plans to implement energy efficiency measures and increase the use of renewable energy. Vontier aims to add a Scope 3 reduction target in 2022 for independent validation.

Vontier Corporation (NYSE: VNT) has announced that David Naemura, Senior Vice President and Chief Financial Officer, will present at the Credit Suisse Annual Industrials Virtual Conference on Thursday, December 2, 2021, at 12:50 p.m. ET. The session will be available via a live webcast and archived on www.vontier.com. Vontier specializes in transportation and mobility solutions, with a commitment to innovation and customer success, serving over 90,000 intersections and 260,000 fueling sites globally.

Vontier Corporation (NYSE: VNT) announced a quarterly cash dividend of $0.025 per share, payable on December 23, 2021. The record date for stockholders is set for December 2, 2021. While Vontier aims to maintain quarterly dividends, future declarations will depend on the Board's discretion. The company, focusing on transportation and mobility solutions, serves over 260,000 customer fueling sites and monitors 480,000 commercial vehicles, indicating a strong market presence.

Vontier Corporation (NYSE: VNT) announced that President and CEO Mark Morelli and CFO David Naemura will present at the Baird 2021 Global Industrial Virtual Conference.

The event is scheduled for Thursday, November 11, 2021, at 12:50 p.m. ET, with a simultaneous audio webcast available at www.vontier.com.

Vontier focuses on transportation and mobility solutions, with a commitment to continuous improvement and customer success, serving numerous clients and monitoring a vast network of vehicles and fueling sites worldwide.

Vontier Corporation (NYSE: VNT) reported third-quarter 2021 results with net earnings of $127.3 million and adjusted net earnings of $136.6 million. Revenue increased by 2.9% year-over-year to $768.5 million, boosted by a 0.8% rise in core revenue. The company anticipates diluted net earnings per share for Q4 2021 between $0.65 and $0.69, and adjusted earnings per share between $0.77 and $0.81. Additionally, Vontier closed its acquisition of DRB, enhancing its digital expertise and portfolio diversification. The company aims for sustainable growth and profitability.

Vontier Corporation (NYSE: VNT) announced a virtual analyst and investor conference on November 19, 2021, from 10:30 a.m. ET to 12:00 p.m. ET. The event will be led by President and CEO Mark Morelli and CFO David Naemura, alongside presentations from Aaron Saak of Gilbarco Veeder-Root and Dan Pittman of DRB Systems. The conference aims to delve into Vontier's Retail Solutions businesses. Interested parties can participate via dial-in or access the webcast on the company’s website, with a replay available after the event.

Vontier Corporation (NYSE: VNT) has scheduled its earnings conference call for the third quarter of 2021 on November 4, 2021, at 8:00 a.m. ET. This call will be available on their website, including a slide presentation. The company is currently in a 'quiet period' leading up to this earnings release, during which they will not engage with the investment community. Vontier focuses on transportation and mobility solutions, boasting over 90,000 intersections and 260,000 fueling sites served globally.

Vontier Corporation (NYSE: VNT) announced that President of Gilbarco Veeder-Root, Aaron Saak, will present at the Bank of America Securities 2021 Industrial Software and Automation Summit on September 23, 2021, at 11:00 a.m. ET. The presentation will be webcast live and available for later access on www.vontier.com.

Vontier specializes in transportation and mobility technologies, including fueling systems and fleet management, serving over 260,000 fueling sites and monitoring 480,000 vehicles globally.

Vontier Corporation (NYSE: VNT) has successfully completed its acquisition of DRB Systems, LLC, effective September 13, 2021. DRB, known for its point of sale and workflow software for the car wash industry, will operate as a standalone entity within Vontier's Mobility Technologies platform. The acquisition is expected to generate approximately $170 million in revenue for 2021, with mid-20% operating margins. Additionally, it is projected to contribute $0.04 to $0.05 to adjusted net earnings per share for the same year, enhancing Vontier's growth and portfolio diversification.