Daiwa Securities Group Inc. Reduces Stake in Veralto Corporation $VLTO

Daiwa Securities Group Inc. lowered its holdings in Veralto Corporation (NYSE:VLTO) by 45.8% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 69,344 shares of the company’s stock after selling 58,649 shares during the quarter. Daiwa Securities Group Inc.’s holdings in Veralto were worth $6,919,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in the company. TD Asset Management Inc lifted its stake in shares of Veralto by 32.3% in the 4th quarter. TD Asset Management Inc now owns 480,660 shares of the company’s stock valued at $47,960,000 after purchasing an additional 117,279 shares during the period. Sivia Capital Partners LLC lifted its stake in shares of Veralto by 114.4% in the 4th quarter. Sivia Capital Partners LLC now owns 6,699 shares of the company’s stock valued at $668,000 after purchasing an additional 3,575 shares during the period. Lido Advisors LLC lifted its stake in shares of Veralto by 0.9% in the 4th quarter. Lido Advisors LLC now owns 32,357 shares of the company’s stock valued at $3,384,000 after purchasing an additional 275 shares during the period. CIBC Asset Management Inc lifted its stake in shares of Veralto by 277.2% in the 4th quarter. CIBC Asset Management Inc now owns 129,053 shares of the company’s stock valued at $12,877,000 after purchasing an additional 94,839 shares during the period. Finally, Bank of New York Mellon Corp lifted its stake in shares of Veralto by 2.2% in the 4th quarter. Bank of New York Mellon Corp now owns 3,453,007 shares of the company’s stock valued at $344,541,000 after purchasing an additional 75,253 shares during the period. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently commented on the company. Royal Bank Of Canada raised their target price on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research note on Thursday, April 30th. Citigroup lowered their target price on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Robert W. Baird set a $103.00 target price on Veralto in a research note on Thursday, April 30th. Jefferies Financial Group assumed coverage on Veralto in a research note on Tuesday, March 31st. They issued a “buy” rating and a $110.00 target price for the company. Finally, Barclays lowered their target price on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, Veralto currently has a consensus rating of “Hold” and a consensus price target of $105.88.

Veralto Stock Up 0.1%

Shares of NYSE:VLTO opened at $86.17 on Monday. The stock has a fifty day simple moving average of $87.37 and a two-hundred day simple moving average of $93.88. The stock has a market capitalization of $21.16 billion, a price-to-earnings ratio of 22.27, a PEG ratio of 2.43 and a beta of 0.69. 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) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 return on equity of 34.63% and a net margin of 17.33%.The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the business earned $0.95 earnings per share. 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, research analysts anticipate that Veralto Corporation will post 4.23 earnings per share for the current fiscal year.

Veralto Dividend Announcement

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 paid a dividend of $0.13 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. Veralto’s payout ratio is presently 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.