Arbejdsmarkedets Tillaegspension Purchases 55,348 Shares of Veralto Corporation $VLTO

Arbejdsmarkedets Tillaegspension lifted its holdings in Veralto Corporation (NYSE:VLTO) by 23.4% in the first quarter, HoldingsChannel.com reports. The fund owned 291,695 shares of the company’s stock after buying an additional 55,348 shares during the quarter. Veralto comprises 0.6% of Arbejdsmarkedets Tillaegspension’s portfolio, making the stock its 28th biggest holding. Arbejdsmarkedets Tillaegspension’s holdings in Veralto were worth $25,792,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Robeco Institutional Asset Management B.V. boosted its stake in Veralto by 3.4% during the fourth quarter. Robeco Institutional Asset Management B.V. now owns 1,199,220 shares of the company’s stock worth $119,658,000 after buying an additional 39,803 shares during the period. Mirae Asset Global Investments Co. Ltd. raised its stake in shares of Veralto by 30.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 61,602 shares of the company’s stock valued at $6,147,000 after acquiring an additional 14,219 shares in the last quarter. Swiss Life Asset Management Ltd lifted its holdings in shares of Veralto by 18.0% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 78,343 shares of the company’s stock worth $8,352,000 after buying an additional 11,930 shares during the period. Defender Capital LLC. purchased a new stake in Veralto in the fourth quarter worth about $20,266,000. Finally, Rathbones Group PLC lifted its position in shares of Veralto by 205.9% in the 4th quarter. Rathbones Group PLC now owns 174,223 shares of the company’s stock worth $17,384,000 after purchasing an additional 117,272 shares during the period. Institutional investors own 91.28% of the company’s stock.

Veralto Trading Up 0.0%

VLTO opened at $92.74 on Monday. The company’s 50 day simple moving average is $86.59 and its two-hundred day simple moving average is $91.62. The firm has a market capitalization of $22.78 billion, a price-to-earnings ratio of 23.96, a price-to-earnings-growth ratio of 2.61 and a beta of 0.63. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32. Veralto Corporation has a 1-year low of $80.03 and a 1-year high of $110.11.

Veralto (NYSE:VLTO) last issued its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) 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 business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same period last year, the company earned $0.95 EPS. The company’s revenue for the quarter 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. Analysts expect that Veralto Corporation will post 4.24 EPS for the current fiscal year.

Veralto Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be given a $0.13 dividend. 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 currently 13.44%.

Analyst Upgrades and Downgrades

Several equities analysts have issued reports on VLTO shares. Wolfe Research reiterated an “outperform” rating and issued a $109.00 target price on shares of Veralto in a research note on Thursday. Robert W. Baird set a $103.00 price objective on Veralto in a report on Thursday, April 30th. Barclays reduced their target price on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a 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 report on Tuesday, April 14th. Finally, Citigroup lowered their target price on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $106.22.

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.