Veralto Corporation (NYSE:VLTO) Given Average Recommendation of “Hold” by Brokerages

Shares of Veralto Corporation (NYSE:VLTO) have earned a consensus rating of “Hold” from the eleven analysts that are covering the stock, Marketbeat reports. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average twelve-month price target among brokerages that have issued ratings on the stock in the last year is $105.8750.

Several research firms recently issued reports on VLTO. UBS Group lifted their price objective on shares of Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Robert W. Baird set a $103.00 price objective on shares of Veralto in a research note 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 stock 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, Citigroup dropped 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.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of VLTO. Norges Bank bought a new position in Veralto in the 4th quarter worth $261,340,000. First Trust Advisors LP raised its holdings in Veralto by 31.5% in the 1st quarter. First Trust Advisors LP now owns 6,150,388 shares of the company’s stock worth $543,817,000 after acquiring an additional 1,472,304 shares during the period. FIL Ltd raised its holdings in Veralto by 263.8% in the 4th quarter. FIL Ltd now owns 1,798,310 shares of the company’s stock worth $179,435,000 after acquiring an additional 1,303,940 shares during the period. AQR Capital Management LLC raised its holdings in Veralto by 86.1% in the 3rd quarter. AQR Capital Management LLC now owns 2,157,211 shares of the company’s stock worth $226,615,000 after acquiring an additional 997,778 shares during the period. Finally, SG Americas Securities LLC raised its holdings in Veralto by 115.2% in the 1st quarter. SG Americas Securities LLC now owns 1,681,786 shares of the company’s stock worth $148,704,000 after acquiring an additional 900,135 shares during the period. Institutional investors own 91.28% of the company’s stock.

Veralto Stock Up 0.3%

VLTO stock opened at $82.88 on Friday. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65. Veralto has a 1 year low of $80.03 and a 1 year high of $110.11. The company has a fifty day simple moving average of $87.19 and a 200 day simple moving average of $93.49. The firm has a market cap of $20.36 billion, a PE ratio of 21.42, a PEG ratio of 2.33 and a beta of 0.69.

Veralto (NYSE:VLTO) last released its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.05. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The business had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the previous year, the business earned $0.95 EPS. Veralto’s quarterly revenue 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. Sell-side analysts anticipate that Veralto 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. Investors of record on Tuesday, June 30th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 0.6%. The ex-dividend date 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.