Louisiana State Employees Retirement System Makes New Investment in Veralto Corporation $VLTO

Louisiana State Employees Retirement System acquired a new stake in shares of Veralto Corporation (NYSE:VLTO) in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm acquired 12,700 shares of the company’s stock, valued at approximately $1,123,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC lifted its holdings 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 last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its stake 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 buying an additional 1,306 shares during the last quarter. Empowered Funds LLC grew its stake 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 buying an additional 770 shares during the last quarter. Geneos Wealth Management Inc. increased its holdings in shares of 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 buying an additional 421 shares in the last quarter. Finally, Sivia Capital Partners LLC bought a new position in shares of Veralto in the second quarter valued at approximately $201,000. Institutional investors and hedge funds own 91.28% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on VLTO shares. Robert W. Baird set a $103.00 price target on Veralto in a research report on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Veralto in a research report on Wednesday, June 24th. Stifel Nicolaus reduced their price objective on Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Jefferies Financial Group initiated coverage on Veralto in a report on Tuesday, March 31st. They set a “buy” rating and a $110.00 target price on the stock. 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 given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $105.88.

Veralto Stock Down 0.1%

Shares of VLTO opened at $92.46 on Friday. The business’s fifty day moving average price is $86.14 and its two-hundred day moving average price is $91.97. The firm has a market capitalization of $22.71 billion, a price-to-earnings ratio of 23.89, a PEG ratio of 2.61 and a beta of 0.63. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $110.11. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48.

Veralto (NYSE:VLTO) last released its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the previous year, the company posted $0.95 earnings per share. The firm’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 predict that Veralto Corporation will post 4.24 earnings per share for the current year.

Veralto Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be issued a dividend of $0.13 per share. 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 payout ratio is currently 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.