Clearbridge Investments LLC cut its holdings in Veralto Corporation (NYSE:VLTO – Free Report) by 3.5% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 776,907 shares of the company’s stock after selling 28,164 shares during the period. Clearbridge Investments LLC’s holdings in Veralto were worth $77,520,000 at the end of the most recent reporting period.
A number of other large investors have also recently added to or reduced their stakes in VLTO. Norges Bank acquired a new position in Veralto in the fourth quarter valued at approximately $261,340,000. AQR Capital Management LLC lifted its holdings in Veralto by 86.1% in the third quarter. AQR Capital Management LLC now owns 2,157,211 shares of the company’s stock valued at $226,615,000 after acquiring an additional 997,778 shares during the last quarter. Vanguard Group Inc. lifted its holdings in Veralto by 2.8% in the third quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock valued at $3,311,135,000 after acquiring an additional 852,276 shares during the last quarter. SG Americas Securities LLC lifted its holdings in Veralto by 10,317.8% in the fourth quarter. SG Americas Securities LLC now owns 781,651 shares of the company’s stock valued at $77,993,000 after acquiring an additional 774,148 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in Veralto by 24.3% in the third quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock valued at $374,042,000 after acquiring an additional 685,614 shares during the last quarter. 91.28% of the stock is currently owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of research analysts recently commented on VLTO shares. Robert W. Baird set a $103.00 price objective on Veralto in a report on Thursday, April 30th. BMO Capital Markets reiterated an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Royal Bank Of Canada upped their price objective on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Stifel Nicolaus decreased their price objective on Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Finally, Barclays decreased their price target on Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average target price of $105.88.
Veralto Stock Down 1.2%
NYSE:VLTO opened at $85.05 on Tuesday. 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 stock’s fifty day moving average is $87.34 and its two-hundred day moving average is $93.79. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $110.11. The stock has a market capitalization of $20.89 billion, a price-to-earnings ratio of 21.98, a price-to-earnings-growth ratio of 2.43 and a beta of 0.70.
Veralto (NYSE:VLTO – Get Free Report) last released its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 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 company had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the prior year, the firm earned $0.95 earnings per share. The firm’s revenue 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. Research analysts anticipate that Veralto Corporation will post 4.23 EPS for the current year.
Veralto Dividend Announcement
The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders 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 dividend payout ratio (DPR) is presently 13.44%.
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.
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