Veralto Corporation $VLTO Stake Boosted by Andra AP fonden

Andra AP fonden lifted its stake in Veralto Corporation (NYSE:VLTO) by 18.2% during the first quarter, HoldingsChannel reports. The fund owned 218,600 shares of the company’s stock after purchasing an additional 33,600 shares during the quarter. Andra AP fonden’s holdings in Veralto were worth $19,329,000 as of its most recent SEC filing.

A number of other institutional investors have also recently bought and sold shares of VLTO. Azzad Asset Management Inc. ADV grew its stake in Veralto by 0.7% in 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 in the last quarter. IFP Advisors Inc raised its stake in shares of Veralto by 14.0% during the 3rd quarter. IFP Advisors Inc now owns 855 shares of the company’s stock worth $91,000 after purchasing an additional 105 shares in the last quarter. Creative Capital Management Investments LLC raised its stake 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 worth $34,000 after purchasing an additional 107 shares in the last quarter. Private Advisor Group LLC lifted its holdings in shares of Veralto by 0.7% during the 3rd quarter. Private Advisor Group LLC now owns 15,777 shares of the company’s stock valued at $1,682,000 after buying an additional 109 shares during the last quarter. Finally, Larson Financial Group LLC lifted its holdings in shares of Veralto by 18.9% during the 3rd quarter. Larson Financial Group LLC now owns 735 shares of the company’s stock valued at $78,000 after buying an additional 117 shares during the last quarter. Institutional investors and hedge funds own 91.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on VLTO shares. UBS Group increased their price objective on Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Robert W. Baird set a $103.00 target price on shares of Veralto in a research note on Thursday, April 30th. Royal Bank Of Canada boosted their target price 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. Weiss Ratings restated a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th. Finally, Jefferies Financial Group assumed coverage on shares of Veralto in a report on Tuesday, March 31st. They set a “buy” rating and a $110.00 price target on the stock. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $106.33.

Veralto Stock Performance

VLTO opened at $93.21 on Tuesday. The company has a market cap of $22.89 billion, a PE ratio of 24.08, a price-to-earnings-growth ratio of 2.64 and a beta of 0.63. The stock has a 50-day moving average of $87.21 and a 200-day moving average of $91.24. Veralto Corporation has a 52-week low of $80.03 and a 52-week high of $110.11. 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) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates 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%.The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.95 EPS. 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 research analysts forecast that Veralto Corporation will post 4.24 earnings per share for the current fiscal year.

Veralto Announces Dividend

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 issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, June 30th. Veralto’s dividend payout ratio (DPR) is 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.