Jefferies Financial Group Initiates Coverage on Veralto (NYSE:VLTO)

Equities researchers at Jefferies Financial Group began coverage on shares of Veralto (NYSE:VLTO) in a note issued to investors on Tuesday, Marketbeat reports. The firm set a “buy” rating and a $110.00 price target on the stock. Jefferies Financial Group’s price objective would suggest a potential upside of 25.03% from the stock’s previous close.

A number of other equities research analysts have also recently commented on the stock. UBS Group set a $102.00 price target on shares of Veralto and gave the stock a “neutral” rating in a report on Friday, February 6th. Robert W. Baird set a $108.00 price objective on Veralto in a report on Thursday, February 5th. Royal Bank Of Canada lowered their target price on Veralto from $111.00 to $102.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 5th. Barclays reaffirmed an “overweight” rating and set a $117.00 price target on shares of Veralto in a research report on Thursday, February 5th. Finally, Weiss Ratings downgraded Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $108.78.

Veralto Trading Down 0.5%

Shares of Veralto stock opened at $87.98 on Tuesday. The firm has a market cap of $21.61 billion, a PE ratio of 23.46, a P/E/G ratio of 2.50 and a beta of 0.89. Veralto has a 1 year low of $83.86 and a 1 year high of $110.11. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.67 and a quick ratio of 1.52. The stock has a fifty day moving average price of $93.22 and a 200-day moving average price of $98.81.

Veralto (NYSE:VLTO) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.06. The company had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.41 billion. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The firm’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $0.95 earnings per share. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. Equities research analysts anticipate that Veralto will post 3.66 EPS for the current year.

Hedge Funds Weigh In On Veralto

Hedge funds have recently made changes to their positions in the stock. Brighton Jones LLC boosted its stake in Veralto by 16.1% in the 4th quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock worth $352,000 after purchasing an additional 479 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Veralto by 5.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company’s stock valued at $2,529,000 after buying an additional 1,306 shares during the period. Empowered Funds LLC increased its position in shares of Veralto by 20.4% during the first quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock valued at $443,000 after buying an additional 770 shares during the period. Geneos Wealth Management Inc. lifted its holdings in shares of Veralto by 102.4% in the first quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock worth $81,000 after buying an additional 421 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in shares of Veralto in the second quarter worth about $201,000. 91.28% of the stock is currently owned by hedge funds and other institutional investors.

About Veralto

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.