Andra AP fonden increased its stake in shares of Veralto Corporation (NYSE:VLTO – Free Report) by 16.8% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 185,000 shares of the company’s stock after buying an additional 26,600 shares during the quarter. Andra AP fonden owned 0.07% of Veralto worth $18,459,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors have also modified their holdings of the company. Laurel Wealth Advisors LLC bought a new position in shares of Veralto during the 4th quarter worth approximately $25,000. Goodman Advisory Group LLC bought a new position in shares of Veralto during the 3rd quarter worth approximately $29,000. Annis Gardner Whiting Capital Advisors LLC lifted its position in shares of Veralto by 82.2% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock worth $29,000 after buying an additional 129 shares during the period. Board of the Pension Protection Fund bought a new position in shares of Veralto during the 4th quarter worth approximately $30,000. Finally, Creative Capital Management Investments LLC lifted its position in shares of Veralto by 45.9% during the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after buying an additional 107 shares during the period. Institutional investors own 91.28% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on VLTO shares. Citigroup cut their target price on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Jefferies Financial Group assumed 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. Barclays dropped their price target on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Robert W. Baird set a $103.00 price target on Veralto in a report on Thursday, April 30th. Finally, UBS Group raised their price target on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Five investment 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, the company presently has a consensus rating of “Hold” and a consensus price target of $105.88.
Veralto Trading Up 0.3%
VLTO stock opened at $82.88 on Friday. The business has a fifty day moving average price of $87.19 and a 200 day moving average price of $93.49. Veralto Corporation has a fifty-two week low of $80.03 and a fifty-two week high of $110.11. The stock has a market capitalization of $20.36 billion, a price-to-earnings ratio of 21.42, a P/E/G ratio of 2.33 and a beta of 0.69. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32.
Veralto (NYSE:VLTO – Get Free Report) last released its quarterly earnings results 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 return on equity of 34.63% and a net margin of 17.33%.The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same period last year, the firm posted $0.95 EPS. The business’s 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. Analysts expect that Veralto Corporation will post 4.23 EPS for the current fiscal year.
Veralto Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be paid 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 (DPR) is 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.
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