Veralto Corporation (NYSE:VLTO) Receives Average Rating of “Hold” from Analysts

Shares of Veralto Corporation (NYSE:VLTO) have received a consensus recommendation of “Hold” from the eleven ratings firms that are currently covering the company, Marketbeat.com reports. Six equities research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average twelve-month price objective among analysts that have issued a report on the stock in the last year is $105.8750.

A number of brokerages have issued reports on VLTO. Jefferies Financial Group began coverage on shares of Veralto in a report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 target price on the stock. UBS Group raised their target price on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Barclays cut their target price on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Robert W. Baird set a $103.00 target price on shares of Veralto in a report on Thursday, April 30th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th.

Institutional Investors Weigh In On Veralto

Several large investors have recently made changes to their positions in the company. Quantinno Capital Management LP increased its stake in shares of Veralto by 18.2% in the first quarter. Quantinno Capital Management LP now owns 181,792 shares of the company’s stock valued at $16,074,000 after purchasing an additional 28,015 shares during the period. SummitTX Capital L.P. increased its stake in shares of Veralto by 40.7% in the first quarter. SummitTX Capital L.P. now owns 19,942 shares of the company’s stock valued at $1,763,000 after purchasing an additional 5,772 shares during the period. Lazard Asset Management LLC increased its stake in shares of Veralto by 0.6% in the first quarter. Lazard Asset Management LLC now owns 962,989 shares of the company’s stock valued at $85,147,000 after purchasing an additional 6,017 shares during the period. Weiss Asset Management LP increased its stake in shares of Veralto by 575.4% in the first quarter. Weiss Asset Management LP now owns 130,621 shares of the company’s stock valued at $11,550,000 after purchasing an additional 111,280 shares during the period. Finally, OMERS ADMINISTRATION Corp increased its stake in shares of Veralto by 29.3% in the first quarter. OMERS ADMINISTRATION Corp now owns 10,937 shares of the company’s stock valued at $967,000 after purchasing an additional 2,477 shares during the period. Institutional investors and hedge funds own 91.28% of the company’s stock.

Veralto Stock Performance

Shares of VLTO stock opened at $84.76 on Monday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48. Veralto has a one year low of $84.45 and a one year high of $110.11. The company’s 50-day simple moving average is $89.03 and its 200-day simple moving average is $95.35. The stock has a market capitalization of $20.82 billion, a price-to-earnings ratio of 21.90, a PEG ratio of 2.39 and a beta of 0.77.

Veralto (NYSE:VLTO) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.02 by $0.05. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The business had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter last year, the company posted $0.95 earnings per share. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Equities analysts anticipate that Veralto will post 4.23 earnings per share for the current fiscal year.

Veralto Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be paid a $0.13 dividend. The ex-dividend date is Tuesday, June 30th. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. Veralto’s dividend payout ratio (DPR) is presently 13.44%.

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.