Vontier Set to Join S&P 500
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Overall Analyst Rating:
NEUTRAL ( Up)
Dividend Yield: 0.2%
Revenue Growth %: -2.8%
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NEW YORK, Oct. 5, 2020 /PRNewswire/ -- Vontier Corp. (NYSE: VNT) will be added to the S&P 500 effective prior to the opening of trading on Friday, October 9, replacing Noble Energy Inc. (NASD: NBL), which will be removed from the S&P 500 effective prior to the open of trading on Monday, October 12. S&P 500 & 100 constituent Chevron Corp. (NYSE: CVX) acquired Noble Energy in a deal that was completed today. Vontier will be added to the S&P 500 following its spin-off from S&P 500 constituent Fortive Corp. (NYSE: FTV). Post spin-off, Fortive will remain in the S&P 500.
Following is a summary of the changes that will take place prior to the open of trading on the effective date:
Effective Date | Index Name | Action | Company Name | Ticker | GICS Sector |
October 9, 2020 | S&P 500 | Addition | Vontier | VNT | Information Technology |
October 12, 2020 | S&P 500 | Deletion | Noble Energy | NBL | Energy |
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View original content:http://www.prnewswire.com/news-releases/vontier-set-to-join-sp-500-301146042.html
SOURCE S&P Dow Jones Indices
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