Hsbc Holdings PLC Has $93.44 Million Holdings in Veralto Corporation $VLTO

Hsbc Holdings PLC lifted its stake in shares of Veralto Corporation (NYSE:VLTO) by 10.5% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 934,096 shares of the company’s stock after acquiring an additional 89,015 shares during the period. Hsbc Holdings PLC owned approximately 0.38% of Veralto worth $93,441,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in VLTO. Laurel Wealth Advisors LLC acquired a new position in Veralto in the 4th quarter worth $25,000. Goodman Advisory Group LLC acquired a new stake in shares of Veralto in the 3rd quarter valued at about $29,000. Annis Gardner Whiting Capital Advisors LLC raised its stake 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 purchasing an additional 129 shares during the period. Board of the Pension Protection Fund bought a new stake in shares of Veralto in the fourth quarter valued at about $30,000. Finally, Creative Capital Management Investments LLC lifted its holdings in shares of Veralto by 45.9% in the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock valued at $34,000 after purchasing an additional 107 shares in the last quarter. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Veralto Price Performance

Shares of NYSE VLTO opened at $83.88 on Monday. 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 business has a 50-day moving average of $86.56 and a 200-day moving average of $92.74. The stock has a market capitalization of $20.60 billion, a price-to-earnings ratio of 21.67, a PEG ratio of 2.37 and a beta of 0.70. Veralto Corporation has a fifty-two week low of $80.03 and a fifty-two week high of $110.11.

Veralto (NYSE:VLTO) last released its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.05. The business 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%.Veralto’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the company posted $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. As a group, sell-side analysts predict that Veralto Corporation will post 4.23 earnings per share for the current fiscal year.

Veralto Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be issued 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 presently 13.44%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the company. UBS Group lifted their target price on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Jefferies Financial Group began coverage on Veralto in a research report on Tuesday, March 31st. They set a “buy” rating and a $110.00 price target for the company. Robert W. Baird set a $103.00 price target on shares of Veralto in a research note on Thursday, April 30th. Barclays lowered their price objective on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Finally, Royal Bank Of Canada boosted their price objective on shares of Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. 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, Veralto presently has an average rating of “Hold” and a consensus price target of $105.88.

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.