Brown Advisory Inc. Decreases Position in Veralto Corporation $VLTO

Brown Advisory Inc. cut its stake in Veralto Corporation (NYSE:VLTO) by 23.0% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 4,322,993 shares of the company’s stock after selling 1,293,447 shares during the quarter. Brown Advisory Inc. owned approximately 1.74% of Veralto worth $431,351,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Brighton Jones LLC lifted its stake in Veralto by 16.1% in the 4th quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock worth $352,000 after purchasing an additional 479 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Veralto by 5.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company’s stock worth $2,529,000 after purchasing an additional 1,306 shares in the last quarter. Empowered Funds LLC lifted its stake in Veralto by 20.4% in the 1st quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock worth $443,000 after purchasing an additional 770 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in Veralto by 102.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock worth $81,000 after purchasing an additional 421 shares in the last quarter. Finally, Sivia Capital Partners LLC purchased a new position in Veralto in the 2nd quarter worth approximately $201,000. 91.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

VLTO has been the topic of a number of research reports. UBS Group raised their target price on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Robert W. Baird set a $103.00 target price on shares of Veralto in a research note on Thursday, April 30th. Royal Bank Of Canada raised their price target 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. Stifel Nicolaus cut their price target on shares of Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Finally, Jefferies Financial Group started coverage on shares of Veralto in a report on Tuesday, March 31st. They set a “buy” rating and a $110.00 price target for the company. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, Veralto has an average rating of “Hold” and a consensus target price of $105.88.

Veralto Stock Up 0.9%

Shares of NYSE VLTO opened at $83.40 on Friday. The firm has a market cap of $20.48 billion, a price-to-earnings ratio of 21.55, a PEG ratio of 2.35 and a beta of 0.69. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. Veralto Corporation has a 52-week low of $80.03 and a 52-week high of $110.11. The business’s 50 day moving average is $87.10 and its two-hundred day moving average is $93.42.

Veralto (NYSE:VLTO) last announced its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05. The company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.40 billion. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company earned $0.95 earnings per share. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Research analysts predict that Veralto Corporation will post 4.23 EPS for the current year.

Veralto Dividend Announcement

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