Fjarde AP Fonden Fourth Swedish National Pension Fund lifted its holdings in shares of Veralto Corporation (NYSE:VLTO – Free Report) by 57.9% in the first quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 118,061 shares of the company’s stock after buying an additional 43,304 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Veralto were worth $10,439,000 at the end of the most recent reporting period.
Several other institutional investors and hedge funds have also recently bought and sold shares of VLTO. Laurel Wealth Advisors LLC bought a new position in shares of Veralto during the fourth quarter valued at approximately $25,000. Goodman Advisory Group LLC bought a new stake in shares of Veralto in the 3rd quarter worth approximately $29,000. Annis Gardner Whiting Capital Advisors LLC boosted its position in Veralto by 82.2% during 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 position in Veralto during the 4th quarter worth $30,000. Finally, Creative Capital Management Investments LLC increased its position in Veralto by 45.9% in the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after buying an additional 107 shares during the period. Institutional investors and hedge funds own 91.28% of the company’s stock.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the stock. Robert W. Baird set a $103.00 price target on shares of Veralto in a report on Thursday, April 30th. Barclays cut their price objective on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. UBS Group boosted their target price on shares of Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Citigroup decreased their target price on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Finally, Royal Bank Of Canada raised their price target on shares of Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research note on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $105.88.
Veralto Trading Down 0.1%
Shares of VLTO stock opened at $92.46 on Friday. Veralto Corporation has a 1 year low of $80.03 and a 1 year high of $110.11. The firm has a market capitalization of $22.71 billion, a PE ratio of 23.89, a price-to-earnings-growth ratio of 2.61 and a beta of 0.63. The stock has a fifty day moving average of $86.14 and a two-hundred day moving average of $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 (NYSE:VLTO – Get Free Report) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, beating 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 company had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same period last year, the company earned $0.95 earnings per share. The company’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. As a group, research analysts expect that Veralto Corporation will post 4.24 EPS for the current year.
Veralto Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, June 30th. Veralto’s dividend payout ratio is currently 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.
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