Veralto Corporation (NYSE:VLTO – Get Free Report) has been given an average recommendation of “Hold” by the twelve ratings firms that are presently covering the firm, Marketbeat reports. Seven research analysts have rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average twelve-month target price among brokerages that have issued a report on the stock in the last year is $108.8889.
Several brokerages have recently issued reports on VLTO. BMO Capital Markets decreased their price objective on Veralto from $123.00 to $114.00 and set an “outperform” rating for the company in a research note on Tuesday, November 25th. UBS Group set a $102.00 target price on shares of Veralto and gave the company a “neutral” rating in a report on Friday. Barclays reiterated an “overweight” rating and set a $117.00 price target on shares of Veralto in a report on Thursday. Jefferies Financial Group restated a “hold” rating on shares of Veralto in a report on Wednesday. Finally, Robert W. Baird set a $108.00 target price on shares of Veralto in a research note on Thursday.
Read Our Latest Stock Report on Veralto
Veralto Stock Performance
Veralto (NYSE:VLTO – Get Free Report) last released its earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.06. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The firm had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same period last year, the business posted $0.95 earnings per share. Veralto’s revenue was up 3.8% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. As a group, equities analysts anticipate that Veralto will post 3.66 earnings per share for the current fiscal year.
Veralto Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, December 31st were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Wednesday, December 31st. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. This is an increase from Veralto’s previous quarterly dividend of $0.11. Veralto’s payout ratio is currently 13.87%.
Insider Buying and Selling at Veralto
In other news, SVP Mattias Bystrom sold 1,000 shares of the firm’s stock in a transaction dated Monday, December 1st. The stock was sold at an average price of $101.73, for a total transaction of $101,730.00. Following the sale, the senior vice president owned 31,430 shares of the company’s stock, valued at approximately $3,197,373.90. This trade represents a 3.08% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.36% of the company’s stock.
Hedge Funds Weigh In On Veralto
Hedge funds have recently added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC purchased a new stake in shares of Veralto during the 4th quarter worth approximately $25,000. Harbor Asset Planning Inc. purchased a new position in shares of Veralto in the 2nd quarter valued at $26,000. Root Financial Partners LLC acquired a new stake in Veralto during the 3rd quarter worth $27,000. Loomis Sayles & Co. L P purchased a new stake in Veralto in the second quarter valued at $28,000. Finally, Goodman Advisory Group LLC purchased a new stake in Veralto in the third quarter valued at $29,000. 91.28% of the stock is currently owned by hedge funds and other institutional investors.
Veralto Company Profile
Veralto Corporation provides water analytics, water treatment, marking and coding, and packaging and color services worldwide. It operates through two segments, Water Quality (WQ) and Product Quality & Innovation (PQI). The WQ segment offers precision instrumentation and water treatment technologies to measure, analyze, and treat water in residential, commercial, municipal, industrial, research, and natural resource applications through the Hach, Trojan Technologies, and ChemTreat brands. This segment provides water solutions, including chemical reagents, services, and digital solutions.
See Also
- Five stocks we like better than Veralto
- NEW LAW: Congress Approves Setup For Digital Dollar?
- The day the gold market broke
- What a Former CIA Agent Knows About the Coming Collapse
- Your Bank Account Is No Longer Safe
- He just nailed another gold prediction …
Receive News & Ratings for Veralto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veralto and related companies with MarketBeat.com's FREE daily email newsletter.
