Arbejdsmarkedets Tillaegspension purchased a new stake in Veralto Corporation (NYSE:VLTO – Free Report) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 236,347 shares of the company’s stock, valued at approximately $23,583,000.
Several other large investors have also modified their holdings of the business. Brighton Jones LLC boosted its position in Veralto by 16.1% during the fourth quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock worth $352,000 after acquiring an additional 479 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its position 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 acquiring an additional 1,306 shares during the last quarter. Empowered Funds LLC boosted its position 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 acquiring an additional 770 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in 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 acquiring an additional 421 shares during the last quarter. Finally, Sivia Capital Partners LLC acquired a new stake in Veralto during the second quarter worth approximately $201,000. 91.28% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on VLTO shares. Royal Bank Of Canada lifted their price target on shares of Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Jefferies Financial Group initiated coverage on shares of Veralto in a report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price target on the stock. Barclays cut their target price on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. BMO Capital Markets reissued an “outperform” rating on shares of Veralto in a research note on Wednesday, February 11th. Finally, Citigroup cut 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 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, Veralto has a consensus rating of “Hold” and a consensus price target of $105.88.
Veralto Stock Performance
Veralto stock opened at $85.30 on Friday. Veralto Corporation has a 12-month low of $84.99 and a 12-month high of $110.11. The company has a market capitalization of $20.95 billion, a price-to-earnings ratio of 22.04, a price-to-earnings-growth ratio of 2.42 and a beta of 0.77. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32. The firm’s fifty day moving average price is $89.22 and its 200 day moving average price is $95.49.
Veralto (NYSE:VLTO – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, topping 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 firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the previous year, the firm posted $0.95 EPS. 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, research analysts forecast that Veralto Corporation will post 4.23 EPS for the current fiscal year.
Veralto Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors 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 annualized dividend and a yield of 0.6%. Veralto’s payout ratio 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.
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