Erste Asset Management GmbH Purchases 7,727 Shares of Veralto Corporation $VLTO

Erste Asset Management GmbH lifted its position in Veralto Corporation (NYSE:VLTO) by 35.1% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 29,727 shares of the company’s stock after buying an additional 7,727 shares during the quarter. Erste Asset Management GmbH’s holdings in Veralto were worth $3,017,000 as of its most recent filing with the SEC.

Several other large investors have also made changes to their positions in the company. Syon Capital LLC grew its stake in shares of Veralto by 25.4% in the 4th quarter. Syon Capital LLC now owns 3,350 shares of the company’s stock valued at $334,000 after buying an additional 679 shares in the last quarter. Capital International Sarl boosted its position in Veralto by 18.4% during the fourth quarter. Capital International Sarl now owns 11,080 shares of the company’s stock worth $1,106,000 after purchasing an additional 1,724 shares during the period. Capital International Ltd. CA boosted its position in Veralto by 141.1% during the fourth quarter. Capital International Ltd. CA now owns 23,420 shares of the company’s stock worth $2,337,000 after purchasing an additional 13,708 shares during the period. Capital International Inc. CA boosted its position in Veralto by 7.8% during the fourth quarter. Capital International Inc. CA now owns 3,124 shares of the company’s stock worth $312,000 after purchasing an additional 227 shares during the period. Finally, Capital International Investors boosted its position in Veralto by 20.0% during the fourth quarter. Capital International Investors now owns 280,862 shares of the company’s stock worth $28,025,000 after purchasing an additional 46,877 shares during the period. Institutional investors own 91.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on VLTO. UBS Group upped their target price on Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Royal Bank Of Canada upped their target price on Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. BMO Capital Markets reaffirmed an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Barclays decreased their target price on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Finally, Jefferies Financial Group began coverage on Veralto in a research report on Tuesday, March 31st. They set a “buy” rating and a $110.00 target price for the company. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat.com, Veralto has a consensus rating of “Hold” and an average price target of $105.88.

Veralto Stock Up 1.5%

VLTO opened at $86.17 on Wednesday. Veralto Corporation has a 1-year low of $80.03 and a 1-year high of $110.11. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65. The stock has a market capitalization of $21.16 billion, a price-to-earnings ratio of 22.27, a P/E/G ratio of 2.40 and a beta of 0.69. The business has a 50 day moving average of $87.37 and a 200-day moving average of $93.71.

Veralto (NYSE:VLTO) last posted 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. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the prior year, the business earned $0.95 earnings per share. Veralto’s revenue for the quarter 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. As a group, sell-side analysts anticipate that Veralto Corporation will post 4.23 earnings per share for the current year.

Veralto Announces Dividend

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