Forsta AP Fonden lowered its stake in shares of Veralto Corporation (NYSE:VLTO – Free Report) by 17.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 55,808 shares of the company’s stock after selling 12,100 shares during the quarter. Forsta AP Fonden’s holdings in Veralto were worth $5,569,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in VLTO. Brighton Jones LLC raised its holdings in Veralto by 16.1% during the fourth quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock worth $352,000 after purchasing an additional 479 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Veralto by 5.3% during the first 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 in the last quarter. Empowered Funds LLC raised its holdings in Veralto by 20.4% during the first quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock worth $443,000 after purchasing an additional 770 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in Veralto by 102.4% during the first quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock worth $81,000 after purchasing an additional 421 shares in the last quarter. Finally, Sivia Capital Partners LLC acquired a new stake in Veralto during the second quarter worth approximately $201,000. Institutional investors and hedge funds own 91.28% of the company’s stock.
Analysts Set New Price Targets
A number of research firms have weighed in on VLTO. Royal Bank Of Canada raised their price objective on shares of Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating 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 report on Thursday, April 30th. UBS Group lifted their target price on shares of Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. BMO Capital Markets reaffirmed an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Finally, Jefferies Financial Group initiated coverage on shares of Veralto in a report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 target price on the stock. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Veralto presently has an average rating of “Hold” and a consensus price target of $105.88.
Veralto Stock Performance
NYSE:VLTO opened at $83.72 on Tuesday. The firm’s fifty day moving average price is $87.63 and its 200 day moving average price is $94.27. Veralto Corporation has a 1-year low of $80.03 and a 1-year high of $110.11. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32. The firm has a market cap of $20.56 billion, a price-to-earnings ratio of 21.63, a price-to-earnings-growth ratio of 2.32 and a beta of 0.77.
Veralto (NYSE:VLTO – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, beating 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 for the quarter, compared to analyst estimates of $1.40 billion. During the same period last year, the firm posted $0.95 EPS. Veralto’s quarterly revenue was up 6.8% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. On average, sell-side analysts expect that Veralto Corporation will post 4.23 EPS for the current year.
Veralto Dividend Announcement
The company also recently disclosed 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 (DPR) 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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