Eurizon Capital SGR S.p.A. acquired a new position in shares of Veralto Corporation (NYSE:VLTO – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm acquired 364,598 shares of the company’s stock, valued at approximately $36,391,000. Eurizon Capital SGR S.p.A. owned 0.15% of Veralto as of its most recent filing with the SEC.
A number of other hedge funds have also recently made changes to their positions in VLTO. 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. boosted its position in shares of Veralto by 5.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company’s stock worth $2,529,000 after purchasing an additional 1,306 shares during the period. Empowered Funds LLC boosted its position in Veralto by 20.4% in the 1st quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock valued at $443,000 after buying an additional 770 shares during the period. Geneos Wealth Management Inc. boosted its position in Veralto by 102.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock valued at $81,000 after buying an additional 421 shares during the period. Finally, Sivia Capital Partners LLC purchased a new position in Veralto in the 2nd quarter valued at approximately $201,000. Hedge funds and other institutional investors own 91.28% of the company’s stock.
Analyst Ratings Changes
Several brokerages have commented on VLTO. Citigroup decreased their price target 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. Barclays decreased their price target on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Stifel Nicolaus decreased their price target on shares of Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. BMO Capital Markets reissued an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Finally, Jefferies Financial Group began coverage on shares of Veralto in a research report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price target for the company. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $105.88.
Veralto Price Performance
Veralto stock opened at $82.29 on Friday. The stock has a market cap of $20.21 billion, a P/E ratio of 21.26, a price-to-earnings-growth ratio of 2.32 and a beta of 0.77. The company has a fifty day simple moving average of $87.75 and a 200-day simple moving average of $94.40. Veralto Corporation has a 12-month low of $80.03 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.
Veralto (NYSE:VLTO – Get Free Report) last released its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.05. The business had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the previous year, the company earned $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. Equities analysts expect that Veralto Corporation will post 4.23 EPS for the current fiscal year.
Veralto Announces Dividend
The company also recently disclosed 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 of this dividend is Tuesday, June 30th. Veralto’s payout ratio is 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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