Dimensional Fund Advisors LP Buys 252,267 Shares of Veralto Corporation $VLTO

Dimensional Fund Advisors LP increased its stake in Veralto Corporation (NYSE:VLTO) by 16.4% in the first quarter, Holdings Channel reports. The institutional investor owned 1,788,026 shares of the company’s stock after acquiring an additional 252,267 shares during the period. Dimensional Fund Advisors LP’s holdings in Veralto were worth $158,063,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of the company. Norges Bank bought a new stake in shares of Veralto in the 4th quarter worth about $261,340,000. FIL Ltd raised its position in Veralto by 263.8% in the 4th quarter. FIL Ltd now owns 1,798,310 shares of the company’s stock worth $179,435,000 after purchasing an additional 1,303,940 shares during the period. First Trust Advisors LP lifted its stake in Veralto by 33.3% in the fourth quarter. First Trust Advisors LP now owns 4,678,084 shares of the company’s stock worth $466,779,000 after purchasing an additional 1,169,572 shares during the last quarter. AQR Capital Management LLC lifted its stake in Veralto by 86.1% in the third quarter. AQR Capital Management LLC now owns 2,157,211 shares of the company’s stock worth $226,615,000 after purchasing an additional 997,778 shares during the last quarter. Finally, SG Americas Securities LLC boosted its position in shares of Veralto by 115.2% during the first quarter. SG Americas Securities LLC now owns 1,681,786 shares of the company’s stock valued at $148,704,000 after buying an additional 900,135 shares during the period. Institutional investors own 91.28% of the company’s stock.

Veralto Price Performance

Shares of NYSE:VLTO opened at $92.02 on Monday. The business’s 50 day moving average is $87.66 and its 200 day moving average is $91.01. The stock has a market cap of $22.60 billion, a P/E ratio of 23.78, a price-to-earnings-growth ratio of 2.59 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 quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65.

Veralto (NYSE:VLTO) last issued its earnings results 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 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 analysts’ expectations of $1.40 billion. During the same period in the prior year, the business earned $0.95 EPS. 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. Sell-side analysts predict that Veralto Corporation will post 4.24 EPS for the current year.

Veralto Dividend Announcement

The company also recently disclosed 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 dividend yield of 0.6%. The ex-dividend date is Tuesday, June 30th. Veralto’s payout ratio is presently 13.44%.

Analyst Ratings Changes

A number of research firms have recently commented on VLTO. Jefferies Financial Group initiated coverage on Veralto in a research note on Tuesday, March 31st. They set a “buy” rating and a $110.00 target price on the stock. Robert W. Baird set a $103.00 price target on Veralto in a research note on Thursday, April 30th. Stifel Nicolaus boosted their price objective on Veralto from $110.00 to $111.00 and gave the company a “buy” rating in a report on Monday, July 20th. Wolfe Research reiterated an “outperform” rating and issued a $109.00 target price on shares of Veralto in a research note on Thursday, July 9th. Finally, Royal Bank Of Canada lifted their target price on Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $106.33.

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.