Veralto Corporation $VLTO Shares Bought by Kovitz Investment Group Partners LLC

Kovitz Investment Group Partners LLC grew its position in Veralto Corporation (NYSE:VLTO) by 642.9% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 52,438 shares of the company’s stock after buying an additional 45,379 shares during the quarter. Kovitz Investment Group Partners LLC’s holdings in Veralto were worth $5,232,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Robeco Institutional Asset Management B.V. grew its position in shares of Veralto by 3.4% in the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,199,220 shares of the company’s stock valued at $119,658,000 after purchasing an additional 39,803 shares during the last quarter. LGT Capital Partners LTD. purchased a new stake in Veralto in the 3rd quarter valued at approximately $2,068,000. First Trust Advisors LP grew its holdings in Veralto by 24.3% during the 3rd quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock valued at $374,042,000 after buying an additional 685,614 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. increased its position in Veralto by 30.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 61,602 shares of the company’s stock worth $6,147,000 after buying an additional 14,219 shares in the last quarter. Finally, HighTower Advisors LLC raised its holdings in shares of Veralto by 58.9% in the third quarter. HighTower Advisors LLC now owns 63,856 shares of the company’s stock worth $6,808,000 after acquiring an additional 23,669 shares during the last quarter. Institutional investors and hedge funds own 91.28% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the company. Jefferies Financial Group assumed coverage on Veralto in a research note on Tuesday, March 31st. They set a “buy” rating and a $110.00 price objective on the stock. Robert W. Baird set a $103.00 price target on shares of Veralto in a research note on Thursday, April 30th. Citigroup cut their price objective 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. Stifel Nicolaus lowered their target price 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. Finally, UBS Group upped their target price on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $105.88.

Veralto Price Performance

VLTO opened at $83.88 on Friday. Veralto Corporation has a 52-week low of $80.03 and a 52-week high of $110.11. The company has a 50 day moving average of $86.56 and a two-hundred day moving average of $92.80. The company has a market cap of $20.60 billion, a P/E ratio of 21.67, a P/E/G ratio of 2.37 and a beta of 0.69. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65.

Veralto (NYSE:VLTO) last posted its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, beating 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 business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the previous year, the business posted $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. On average, analysts expect that Veralto Corporation will post 4.23 earnings per share for the current year.

Veralto Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be given a $0.13 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. Veralto’s dividend payout ratio is presently 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.