BNP Paribas Financial Markets Buys 225,505 Shares of Veralto Corporation $VLTO

BNP Paribas Financial Markets grew its stake in Veralto Corporation (NYSE:VLTO) by 22.1% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 1,243,589 shares of the company’s stock after purchasing an additional 225,505 shares during the quarter. BNP Paribas Financial Markets’ holdings in Veralto were worth $124,085,000 at the end of the most recent quarter.

Other institutional investors also recently modified their holdings of the company. Brighton Jones LLC grew its position in Veralto by 16.1% during the 4th quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock valued at $352,000 after purchasing an additional 479 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in Veralto by 5.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company’s stock valued at $2,529,000 after purchasing an additional 1,306 shares during the last quarter. Empowered Funds LLC grew its position in Veralto by 20.4% during the 1st quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock valued at $443,000 after purchasing an additional 770 shares during the last quarter. Geneos Wealth Management Inc. grew its position in Veralto by 102.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock valued at $81,000 after purchasing an additional 421 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in Veralto during the 2nd quarter valued at about $201,000. 91.28% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several brokerages recently commented on VLTO. Robert W. Baird set a $103.00 price objective on shares of Veralto in a research report on Thursday, April 30th. Citigroup cut their price objective on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Royal Bank Of Canada raised their price target on shares of Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. UBS Group raised their price target on shares of Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Finally, Barclays reduced their price objective on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, Veralto presently has an average rating of “Hold” and a consensus price target of $105.88.

Veralto Stock Performance

VLTO stock opened at $82.29 on Monday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32. The business has a 50-day moving average price of $87.75 and a 200 day moving average price of $94.37. The company has a market capitalization of $20.21 billion, a P/E ratio of 21.26, a PEG ratio of 2.32 and a beta of 0.70. Veralto Corporation has a 1-year low of $80.03 and a 1-year high of $110.11.

Veralto (NYSE:VLTO) last released its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.05. The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The firm’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the previous 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. As a group, equities research analysts forecast that Veralto Corporation will post 4.23 EPS for the current fiscal year.

Veralto Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be issued a $0.13 dividend. 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 payout ratio is currently 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.