Capital International Ltd. CA raised its stake in shares of Veralto Corporation (NYSE:VLTO – Free Report) by 141.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,420 shares of the company’s stock after purchasing an additional 13,708 shares during the quarter. Capital International Ltd. CA’s holdings in Veralto were worth $2,337,000 at the end of the most recent reporting period.
A number of other hedge funds have also added to or reduced their stakes in VLTO. Brighton Jones LLC increased its position in Veralto by 16.1% during the 4th quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock valued at $352,000 after purchasing an additional 479 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Veralto by 5.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company’s stock worth $2,529,000 after buying an additional 1,306 shares during the period. Empowered Funds LLC grew its position in shares of Veralto by 20.4% in the 1st quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock worth $443,000 after buying an additional 770 shares during the period. Geneos Wealth Management Inc. grew its position in shares of Veralto by 102.4% in the 1st quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock worth $81,000 after buying an additional 421 shares during the period. Finally, Sivia Capital Partners LLC purchased a new stake in shares of Veralto in the 2nd quarter worth about $201,000. 91.28% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
A number of research firms have recently weighed in on VLTO. Robert W. Baird set a $103.00 target price on shares of Veralto in a research report on Thursday, April 30th. Royal Bank Of Canada upped 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. Citigroup reduced their target price on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. UBS Group upped their target price on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Finally, Stifel Nicolaus cut their price objective on shares of Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $105.88.
Veralto Price Performance
VLTO opened at $86.17 on Monday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48. The stock has a market capitalization of $21.16 billion, a P/E ratio of 22.27, a P/E/G ratio of 2.43 and a beta of 0.69. The company’s 50-day simple moving average is $87.37 and its two-hundred day simple moving average is $93.88. Veralto Corporation has a 52-week low of $80.03 and a 52-week high of $110.11.
Veralto (NYSE:VLTO – Get Free Report) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $1.40 billion. During the same quarter in the prior year, the business earned $0.95 EPS. The business’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. As a group, analysts predict that Veralto Corporation will post 4.23 EPS for the current year.
Veralto Dividend Announcement
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 of this dividend is Tuesday, June 30th. Veralto’s dividend payout ratio is currently 13.44%.
About Veralto
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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