Jefferies Financial Group Inc. acquired a new position in Veralto Corporation (NYSE:VLTO – Free Report) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 102,011 shares of the company’s stock, valued at approximately $10,179,000.
A number of other institutional investors and hedge funds have also made changes to their positions in VLTO. AQR Capital Management LLC grew its stake in shares of Veralto by 86.1% in the 3rd quarter. AQR Capital Management LLC now owns 2,157,211 shares of the company’s stock worth $226,615,000 after buying an additional 997,778 shares in the last quarter. Vanguard Group Inc. grew its stake in shares of Veralto by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock worth $3,311,135,000 after buying an additional 852,276 shares in the last quarter. SG Americas Securities LLC grew its stake in shares of Veralto by 10,317.8% in the 4th quarter. SG Americas Securities LLC now owns 781,651 shares of the company’s stock worth $77,993,000 after buying an additional 774,148 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Veralto by 24.3% in the 3rd quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock worth $374,042,000 after buying an additional 685,614 shares in the last quarter. Finally, Caisse de depot et placement du Quebec purchased a new position in shares of Veralto in the 3rd quarter worth $60,543,000. 91.28% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
A number of brokerages have commented on VLTO. BMO Capital Markets reissued an “outperform” rating on shares of Veralto in a research note on Wednesday, February 11th. Stifel Nicolaus dropped their price objective on shares of Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Citigroup dropped their price objective on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Royal Bank Of Canada lifted their price objective on shares of Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. Finally, Robert W. Baird set a $103.00 price objective on shares of Veralto in a research note on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $105.88.
Veralto Price Performance
VLTO stock opened at $86.98 on Monday. Veralto Corporation has a 12 month low of $84.45 and a 12 month high of $110.11. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65. The company has a 50-day moving average price of $88.33 and a 200 day moving average price of $94.88. The stock has a market cap of $21.36 billion, a PE ratio of 22.47, a P/E/G ratio of 2.45 and a beta of 0.77.
Veralto (NYSE:VLTO – Get Free Report) last released 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 net margin of 17.33% and a return on equity of 34.63%. The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the previous year, the company earned $0.95 EPS. The firm’s revenue for the quarter 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. Equities research analysts anticipate that Veralto Corporation will post 4.23 earnings per share for the current year.
Veralto Announces Dividend
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be given a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Veralto’s payout ratio 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.
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