Pacer Advisors Inc. Boosts Stake in Veralto Corporation $VLTO

Pacer Advisors Inc. lifted its stake in shares of Veralto Corporation (NYSE:VLTO) by 53.2% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 30,806 shares of the company’s stock after acquiring an additional 10,704 shares during the period. Pacer Advisors Inc.’s holdings in Veralto were worth $3,074,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC purchased a new stake in Veralto during the fourth quarter valued at about $25,000. Goodman Advisory Group LLC bought a new stake in Veralto during the third quarter worth about $29,000. Annis Gardner Whiting Capital Advisors LLC boosted 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 worth $29,000 after purchasing an additional 129 shares in the last quarter. Board of the Pension Protection Fund purchased a new position in shares of Veralto in the 4th quarter worth about $30,000. Finally, Creative Capital Management Investments LLC increased 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 valued at $34,000 after purchasing an additional 107 shares during the last quarter. 91.28% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on VLTO. Citigroup decreased their price objective on Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a report on Thursday, April 30th. Royal Bank Of Canada upped their target price on Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. UBS Group increased their price target on shares of Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Stifel Nicolaus decreased their price target on shares of Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Finally, Robert W. Baird set a $103.00 price objective on shares of Veralto in a report on Thursday, April 30th. Five 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 has a consensus rating of “Hold” and an average price target of $105.88.

Veralto Trading Up 2.2%

Shares of VLTO stock opened at $84.76 on Wednesday. The business has a 50-day moving average of $86.33 and a 200 day moving average of $92.49. 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 Corporation has a 1-year low of $80.03 and a 1-year high of $110.11. The stock has a market capitalization of $20.82 billion, a PE ratio of 21.90, a P/E/G ratio of 2.34 and a beta of 0.69.

Veralto (NYSE:VLTO) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, topping 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 business had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the previous year, the firm earned $0.95 EPS. The business’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. As a group, sell-side analysts anticipate that Veralto Corporation will post 4.23 earnings per share for the current year.

Veralto Dividend Announcement

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 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 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.