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 (VNT) delivers essential mobility infrastructure solutions through its industrial technology portfolio. This dedicated news hub provides investors and professionals with timely updates on corporate developments, strategic initiatives, and market positioning.
Access official press releases, earnings reports, and analysis of Vontier's innovations in fueling systems, telematics, and fleet management technologies. Our curated collection serves as a comprehensive resource for tracking the company's progress in shaping transportation infrastructure worldwide.
Key updates include product launches, strategic partnerships, and technology advancements across Vontier's mobility ecosystems. Users benefit from centralized access to operational updates while maintaining perspective on industry trends impacting the company's markets.
Bookmark this page for streamlined monitoring of Vontier's developments in environmental sensors, payment solutions, and diagnostic tools. Check regularly for verified information supporting informed decisions about this industrial technology innovator.
Vontier (NYSE: VNT) has published its 2024 Sustainability Report on World Environment Day, showcasing significant progress in safety, sustainability, and innovation. The report details key accomplishments over the past year across four main areas:
Better Team: Achieved a Total Recordable Incident Rate (TRIR) of 0.36, a 36% reduction year-over-year, and met its 2026 DART goal early with a rate of 0.21, a 47% reduction. Increased global leadership representation of women to 32% and U.S. ethnic/racial minorities to 27%.
Better Innovations: Supported decarbonization with multi-energy fueling solutions and drove safety innovations in payment security, underground leak prevention, and electric vehicle repair tools.
Better Planet: Joined the UN Global Compact's “Forward Faster” initiative and achieved a 20% reduction in Scope 1 and 2 GHG emissions year-over-year, totaling a 40% reduction from 2020 levels. Named a Finalist for the Reuters Global Energy Transition Awards.
Better Society: Contributed $1M in volunteer hours through the Vontier Day of Caring and achieved 100% employee participation in a psychological safety course.
Vontier (NYSE: VNT) showcased technological innovations at the Retail Technology Conference, UNITI Expo, and ACT Expo in May 2024. These innovations include the Konect EV charging infrastructure, FlexPay 6 Payment Terminals, the iNFX cloud-based software, and the Electric Vehicle Evaluator tool. These solutions aim to modernize the mobility ecosystem through seamless integration, scalability, and enhanced customer experience. Vontier's commitment to innovation has led to a significant increase in product launches, positioning the company to capitalize on the growing investments in mobility infrastructure.
Vontier (NYSE: VNT), a global provider of critical technologies for the mobility ecosystem, has declared a regular quarterly cash dividend of $0.025 per share. The dividend will be payable on June 27, 2024, to shareholders of record as of June 6, 2024. While Vontier plans to continue paying dividends on a quarterly basis, future declarations, amounts, record dates, and payment dates will be determined at the discretion of its Board of Directors.
Vontier (NYSE: VNT) appointed Darrell Thomas to its Board of Directors on June 4, 2024. Darrell brings extensive financial and regulatory experience from roles at companies like Harley-Davidson and PepsiCo. His addition is expected to enhance Vontier's strategic decision-making and governance.
Vontier (NYSE: VNT) will participate in investor conferences, with key executives engaging in fireside chats and one-on-one meetings with investors. The events include Bank of America 31st Annual Transportation, Airlines and Industrials Conference and Wolfe Research 17th Annual Global Transportation & Industrials Conference. The Bank of America presentation will be webcast live on Vontier's website.
Vontier (NYSE: VNT) reported sales of $755.8 million in Q1 2024, down 3% YoY due to divested businesses. Core sales increased by 4% driven by strong demand in various sectors. GAAP diluted net EPS was $0.88, exceeding guidance. Operating profit increased by 6% to $142.1 million. Adjusted diluted net EPS was $0.74. The company initiated Q2 2024 guidance with adjusted diluted net EPS of $0.67 to $0.71.
FAQ
What is the current stock price of Vontier (VNT)?
What is the market cap of Vontier (VNT)?
