Geode Capital Management LLC Increases Stake in Veralto Corporation $VLTO

Geode Capital Management LLC lifted its stake in shares of Veralto Corporation (NYSE:VLTO) by 1.8% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 7,249,875 shares of the company’s stock after buying an additional 126,814 shares during the quarter. Geode Capital Management LLC owned about 2.92% of Veralto worth $720,876,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently modified their holdings of the company. Laurel Wealth Advisors LLC purchased a new stake in Veralto in the fourth quarter worth about $25,000. Goodman Advisory Group LLC purchased a new stake in Veralto in the third quarter worth about $29,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Veralto by 82.2% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock worth $29,000 after purchasing an additional 129 shares during the period. Board of the Pension Protection Fund purchased a new stake in Veralto in the fourth quarter worth about $30,000. Finally, Creative Capital Management Investments LLC grew its holdings in Veralto by 45.9% in the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after purchasing an additional 107 shares during the period. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Wall Street Analyst Weigh In

VLTO has been the topic of a number of recent research reports. Royal Bank Of Canada upped their price objective on shares of Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a report on Thursday, April 30th. Robert W. Baird set a $103.00 price objective on shares of Veralto in a report on Thursday, April 30th. Stifel Nicolaus cut their price objective on shares of Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Jefferies Financial Group initiated coverage on shares of Veralto in a report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price objective on the stock. Finally, Barclays cut their price objective 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. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Veralto presently has a consensus rating of “Hold” and an average price target of $105.88.

Veralto Trading Down 1.4%

NYSE:VLTO opened at $82.29 on Friday. The company’s 50 day moving average price is $87.75 and its 200-day moving average price is $94.40. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $110.11. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. The stock has a market cap of $20.21 billion, a price-to-earnings ratio of 21.26, a PEG ratio of 2.32 and a beta of 0.77.

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

Veralto Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be given a dividend of $0.13 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. Veralto’s dividend payout ratio is 13.44%.

Veralto 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.