Goldman Sachs Group Inc. raised its holdings in Veralto Corporation (NYSE:VLTO – Free Report) by 0.6% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 2,888,690 shares of the company’s stock after acquiring an additional 16,279 shares during the quarter. Goldman Sachs Group Inc. owned 1.16% of Veralto worth $288,233,000 as of its most recent filing with the SEC.
A number of other hedge funds and other institutional investors also recently bought and sold shares of VLTO. Norges Bank acquired a new stake in Veralto in the fourth quarter valued at $261,340,000. AQR Capital Management LLC lifted its holdings in Veralto by 86.1% in the third quarter. AQR Capital Management LLC now owns 2,157,211 shares of the company’s stock valued at $226,615,000 after acquiring an additional 997,778 shares during the period. Vanguard Group Inc. lifted its holdings in Veralto by 2.8% in the third quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock valued at $3,311,135,000 after acquiring an additional 852,276 shares during the period. SG Americas Securities LLC lifted its holdings in Veralto by 10,317.8% in the fourth quarter. SG Americas Securities LLC now owns 781,651 shares of the company’s stock valued at $77,993,000 after acquiring an additional 774,148 shares during the period. Finally, First Trust Advisors LP lifted its holdings in Veralto by 24.3% in the third quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock valued at $374,042,000 after acquiring an additional 685,614 shares during the period. Institutional investors and hedge funds own 91.28% of the company’s stock.
Analysts Set New Price Targets
VLTO has been the subject of a number of recent analyst reports. BMO Capital Markets reissued an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Barclays reduced their target price on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Stifel Nicolaus dropped their price target on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. UBS Group raised their price target on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Finally, Jefferies Financial Group started coverage on Veralto in a research report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price target for the company. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $105.88.
Veralto Trading Up 1.7%
Shares of VLTO stock opened at $86.17 on Friday. Veralto Corporation has a fifty-two week low of $80.03 and a fifty-two 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 business has a fifty day simple moving average of $87.37 and a 200-day simple moving average of $93.91. The stock has a market cap of $21.16 billion, a P/E ratio of 22.27, a P/E/G ratio of 2.39 and a beta of 0.69.
Veralto (NYSE:VLTO – Get Free Report) last announced its 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. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The firm had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter in the prior year, the firm earned $0.95 EPS. Veralto’s quarterly revenue was up 6.8% on a year-over-year basis. 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, analysts forecast that Veralto Corporation will post 4.23 earnings per share for the current fiscal year.
Veralto Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be paid a $0.13 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.52 annualized dividend and a yield of 0.6%. Veralto’s payout ratio is presently 13.44%.
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.
Featured Articles
- Five stocks we like better than Veralto
- AI Server Earnings: Wall Street Sees One Clear Standout
- Navitas: NVIDIA’s AI Power Broker?
- A Lulu of a Miss Sends Lululemon to New Lows—Look Out Below
- NVIDIA’s New Power Play: Why Fluence Is Surging
Want to see what other hedge funds are holding VLTO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Veralto Corporation (NYSE:VLTO – Free Report).
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.
