Border to Coast Pensions Partnership Ltd Lowers Stock Position in Veralto Corporation $VLTO

Border to Coast Pensions Partnership Ltd cut its stake in shares of Veralto Corporation (NYSE:VLTO) by 13.3% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 334,835 shares of the company’s stock after selling 51,255 shares during the period. Border to Coast Pensions Partnership Ltd owned approximately 0.14% of Veralto worth $29,697,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Brighton Jones LLC boosted its position in shares of Veralto by 16.1% during 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 during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings 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 valued at $2,529,000 after purchasing an additional 1,306 shares during the last quarter. Empowered Funds LLC raised its position in Veralto by 20.4% in the first quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock valued at $443,000 after purchasing an additional 770 shares during the period. Geneos Wealth Management Inc. raised its position in Veralto by 102.4% in the first quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock valued at $81,000 after purchasing an additional 421 shares during the period. Finally, Sivia Capital Partners LLC acquired a new position in Veralto during the second quarter worth $201,000. 91.28% of the stock is owned by hedge funds and other institutional investors.

Veralto Stock Performance

NYSE:VLTO opened at $89.80 on Friday. The company has a fifty day simple moving average of $86.11 and a two-hundred day simple moving average of $92.25. The company has a market cap of $22.06 billion, a price-to-earnings ratio of 23.20, a price-to-earnings-growth ratio of 2.53 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.

Veralto (NYSE:VLTO) last announced 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. The business had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.40 billion. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period last year, the firm 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. As a group, equities analysts anticipate that Veralto Corporation will post 4.23 earnings per share for the current fiscal year.

Veralto Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.13 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.52 annualized dividend and a yield of 0.6%. Veralto’s dividend payout ratio is 13.44%.

Analyst Ratings Changes

VLTO has been the subject of several research analyst reports. Jefferies Financial Group started 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. Royal Bank Of Canada increased 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. Stifel Nicolaus lowered their target price on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Barclays dropped their target price on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Finally, Citigroup cut their price target on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research note 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. Based on data from MarketBeat, Veralto currently has a consensus rating of “Hold” and an average price target of $105.88.

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.