Veralto Corporation (NYSE:VLTO) Receives Consensus Recommendation of “Hold” from Analysts

Veralto Corporation (NYSE:VLTO) has received a consensus recommendation of “Hold” from the eleven analysts that are covering the company, Marketbeat Ratings reports. Six equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 12-month price target among brokers that have issued ratings on the stock in the last year is $106.2222.

VLTO has been the subject of several research analyst reports. Barclays cut their price objective on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Royal Bank Of Canada increased their price objective on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Stifel Nicolaus decreased their price target on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Citigroup reduced their price objective on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Finally, Robert W. Baird set a $103.00 target price on shares of Veralto in a research note on Thursday, April 30th.

Institutional Trading of Veralto

Large investors have recently added to or reduced their stakes in the business. State Street Corp raised its stake in shares of Veralto by 2.6% in the 4th quarter. State Street Corp now owns 10,720,184 shares of the company’s stock valued at $1,071,035,000 after acquiring an additional 270,356 shares in the last quarter. Geode Capital Management LLC grew its holdings in Veralto by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company’s stock valued at $720,876,000 after buying an additional 126,814 shares during the last quarter. First Trust Advisors LP increased its position in Veralto by 31.5% in the 1st quarter. First Trust Advisors LP now owns 6,150,388 shares of the company’s stock worth $543,817,000 after buying an additional 1,472,304 shares during the period. Invesco Ltd. boosted its position in shares of Veralto by 6.3% in the fourth quarter. Invesco Ltd. now owns 4,595,043 shares of the company’s stock valued at $458,493,000 after acquiring an additional 272,036 shares during the period. Finally, Amundi grew its stake in shares of Veralto by 16.3% in the first quarter. Amundi now owns 3,797,526 shares of the company’s stock worth $335,785,000 after acquiring an additional 531,478 shares during the last quarter. 91.28% of the stock is owned by institutional investors.

Veralto Stock Performance

NYSE VLTO traded up $0.64 during trading hours on Tuesday, hitting $92.74. The company had a trading volume of 1,203,009 shares, compared to its average volume of 2,372,006. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. The firm has a market cap of $22.78 billion, a P/E ratio of 23.96, a price-to-earnings-growth ratio of 2.61 and a beta of 0.63. Veralto has a fifty-two week low of $80.03 and a fifty-two week high of $110.11. The business has a fifty day simple moving average of $86.59 and a 200-day simple moving average of $91.70.

Veralto (NYSE:VLTO) last released its quarterly earnings results 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 return on equity of 34.63% and a net margin of 17.33%.The company had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter in the previous year, the company posted $0.95 earnings per share. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Equities analysts predict that Veralto will post 4.24 EPS for the current year.

Veralto Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. Veralto’s dividend payout ratio (DPR) is 13.44%.

Veralto Company 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.