Allianz Asset Management GmbH Grows Position in Veralto Corporation $VLTO

Allianz Asset Management GmbH raised its stake in Veralto Corporation (NYSE:VLTO) by 17.5% during the 4th quarter, HoldingsChannel.com reports. The firm owned 847,090 shares of the company’s stock after acquiring an additional 126,198 shares during the period. Allianz Asset Management GmbH’s holdings in Veralto were worth $84,523,000 as of its most recent SEC filing.

Several other hedge funds also recently added to or reduced their stakes in VLTO. Laurel Wealth Advisors LLC acquired a new position in shares of Veralto in the 4th quarter valued at $25,000. Goodman Advisory Group LLC acquired a new position in shares of Veralto in the 3rd quarter valued at $29,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of Veralto by 82.2% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after acquiring an additional 129 shares during the period. Board of the Pension Protection Fund acquired a new position in shares of Veralto in the 4th quarter valued at $30,000. Finally, Creative Capital Management Investments LLC increased its holdings in shares of Veralto by 45.9% in the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock valued at $34,000 after acquiring an additional 107 shares during the period. 91.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of brokerages have recently commented on VLTO. Citigroup cut their target price on shares of Veralto from $104.00 to $102.00 and set a “neutral” 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. Royal Bank Of Canada lifted their target price 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. 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. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $105.88.

Veralto Stock Performance

NYSE:VLTO opened at $82.41 on Thursday. The firm’s fifty day moving average price is $87.30 and its 200 day moving average price is $93.60. Veralto Corporation has a 1-year low of $80.03 and a 1-year high of $110.11. 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 firm has a market cap of $20.24 billion, a price-to-earnings ratio of 21.29, a price-to-earnings-growth ratio of 2.43 and a beta of 0.69.

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 analysts’ consensus estimates of $1.02 by $0.05. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same period last year, the firm posted $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, sell-side analysts expect that Veralto Corporation will post 4.23 EPS for the current year.

Veralto Announces Dividend

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