Hsbc Holdings PLC Boosts Stock Holdings in Veralto Corporation $VLTO

Hsbc Holdings PLC raised its holdings in shares of Veralto Corporation (NYSE:VLTO) by 10.5% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 934,096 shares of the company’s stock after purchasing an additional 89,015 shares during the period. Hsbc Holdings PLC’s holdings in Veralto were worth $93,441,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also modified their holdings of the company. Azzad Asset Management Inc. ADV raised its holdings in shares of Veralto by 0.7% during the fourth quarter. Azzad Asset Management Inc. ADV now owns 15,098 shares of the company’s stock valued at $1,506,000 after purchasing an additional 99 shares during the last quarter. IFP Advisors Inc raised its holdings in Veralto by 14.0% in the 3rd quarter. IFP Advisors Inc now owns 855 shares of the company’s stock worth $91,000 after purchasing an additional 105 shares during the period. Creative Capital Management Investments LLC raised its holdings in Veralto by 45.9% in the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after purchasing an additional 107 shares during the period. Private Advisor Group LLC lifted its position in Veralto by 0.7% during the third quarter. Private Advisor Group LLC now owns 15,777 shares of the company’s stock valued at $1,682,000 after purchasing an additional 109 shares in the last quarter. Finally, Larson Financial Group LLC lifted its position in Veralto by 18.9% during the third quarter. Larson Financial Group LLC now owns 735 shares of the company’s stock valued at $78,000 after purchasing an additional 117 shares in the last quarter. Institutional investors own 91.28% of the company’s stock.

Analyst Upgrades and Downgrades

VLTO has been the subject of a number of analyst reports. UBS Group upped their price target on Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Royal Bank Of Canada lifted their price objective on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th. Robert W. Baird set a $103.00 price target on Veralto in a research note on Thursday, April 30th. Finally, Barclays decreased their price target on Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, Veralto currently has an average rating of “Hold” and a consensus price target of $105.88.

Veralto Trading Down 0.1%

Shares of VLTO opened at $92.46 on Friday. The stock has a market capitalization of $22.71 billion, a PE ratio of 23.89, a P/E/G ratio of 2.61 and a beta of 0.63. The company’s fifty day moving average is $86.14 and its 200 day moving average is $91.97. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48. 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 quarterly earnings data on Tuesday, April 28th. The company reported $1.07 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 last year, the business earned $0.95 earnings per share. 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 expect that Veralto Corporation will post 4.24 earnings per share for the current fiscal year.

Veralto Announces Dividend

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

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.