Fjarde AP Fonden Fourth Swedish National Pension Fund decreased its holdings in Veralto Corporation (NYSE:VLTO – Free Report) by 11.3% in the 4th quarter, Holdings Channel.com reports. The firm owned 74,757 shares of the company’s stock after selling 9,500 shares during the period. Fjarde AP Fonden Fourth Swedish National Pension Fund’s holdings in Veralto were worth $7,459,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors have also recently modified their holdings of the company. Robeco Institutional Asset Management B.V. boosted its stake in shares of 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 valued at $119,658,000 after purchasing an additional 39,803 shares during the period. LGT Capital Partners LTD. purchased a new stake in shares of Veralto during the third quarter valued at $2,068,000. First Trust Advisors LP boosted its stake in shares of Veralto by 24.3% during the third quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock valued at $374,042,000 after purchasing an additional 685,614 shares during the period. Mirae Asset Global Investments Co. Ltd. boosted 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 purchasing an additional 14,219 shares during the period. Finally, Swiss Life Asset Management Ltd boosted its stake in shares of Veralto by 18.0% during the third quarter. Swiss Life Asset Management Ltd now owns 78,343 shares of the company’s stock valued at $8,352,000 after purchasing an additional 11,930 shares during the period. Hedge funds and other institutional investors own 91.28% of the company’s stock.
Analyst Ratings Changes
A number of research firms recently weighed in on VLTO. Barclays lowered their price objective on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. UBS Group upped their price objective on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Citigroup lowered 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. Robert W. Baird set a $103.00 price objective on shares of Veralto in a research note on Thursday, April 30th. Finally, Jefferies Financial Group began coverage on shares of Veralto in a research note on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price objective for the company. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $105.88.
Veralto Stock Performance
VLTO opened at $86.17 on Monday. 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. The company has a market cap of $21.16 billion, a P/E ratio of 22.27, a price-to-earnings-growth ratio of 2.43 and a beta of 0.69. The firm’s 50-day moving average price is $87.37 and its 200-day moving average price is $93.88.
Veralto (NYSE:VLTO – Get Free Report) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.05. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.95 earnings per share. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. As a group, equities analysts anticipate that Veralto Corporation will post 4.23 EPS for the current fiscal year.
Veralto Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be paid 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 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.
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