Veralto Corporation (NYSE:VLTO) Stock Now Rated “Moderate Buy” by Sell-Side Brokerages

Veralto Corporation (NYSE:VLTO – Get Free Report) has been assigned a consensus rating of “Moderate Buy” from the ten research firms that are presently covering the company, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $112.50.

Several research firms recently commented on VLTO. Barclays boosted their price objective on shares of Veralto from $113.00 to $117.00 and gave the stock an “overweight” rating in a research note on Thursday, July 30th. UBS Group lifted their target price on shares of Veralto from $98.00 to $104.00 and gave the company a “neutral” rating in a report on Thursday, July 30th. Robert W. Baird set a $111.00 price target on Veralto in a research report on Thursday, July 30th. Weiss Ratings restated a “hold (c)” rating on shares of Veralto in a research note on Monday. Finally, Citigroup raised their price objective on Veralto from $102.00 to $107.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th.

Get Our Latest Analysis on Veralto

Insider Buying and Selling at Veralto

In other news, CEO Jennifer Honeycutt sold 7,097 shares of Veralto stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $101.52, for a total value of $720,487.44. Following the completion of the transaction, the chief executive officer owned 124,085 shares of the company’s stock, valued at $12,597,109.20. The trade was a 5.41% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Surekha Trivedi sold 986 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $97.05, for a total transaction of $95,691.30. Following the completion of the transaction, the senior vice president owned 8,565 shares in the company, valued at approximately $831,233.25. The trade was a 10.32% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 15,180 shares of company stock valued at $1,490,394 over the last 90 days. Corporate insiders own 0.43% of the company’s stock.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the company. Annis Gardner Whiting Capital Advisors LLC increased its position in shares of Veralto by 82.2% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after acquiring an additional 129 shares in the last quarter. Highland Investment Advisors LLC bought a new position in Veralto in the 2nd quarter valued at approximately $32,000. Hantz Financial Services Inc. boosted its stake in Veralto by 175.1% during the 4th quarter. Hantz Financial Services Inc. now owns 597 shares of the company’s stock valued at $60,000 after purchasing an additional 380 shares during the last quarter. International Assets Investment Management LLC purchased a new stake in Veralto during the 1st quarter valued at $66,000. Finally, Western Wealth Management LLC bought a new stake in shares of Veralto in the 1st quarter worth $83,000. Institutional investors own 91.28% of the company’s stock.

Veralto Price Performance

VLTO opened at $96.15 on Friday. The stock has a fifty day simple moving average of $96.22 and a two-hundred day simple moving average of $90.87. The company has a current ratio of 1.78, a quick ratio of 1.61 and a debt-to-equity ratio of 0.86. The company has a market cap of $23.44 billion, a price-to-earnings ratio of 24.28, a price-to-earnings-growth ratio of 2.72 and a beta of 0.60. Veralto has a 12-month low of $80.03 and a 12-month high of $107.90.

Veralto (NYSE:VLTO – Get Free Report) last announced its earnings results on Tuesday, July 28th. The company reported $1.11 EPS for the quarter, beating analysts’ consensus estimates of $1.01 by $0.10. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.45 billion. Veralto had a net margin of 17.35% and a return on equity of 34.76%. The company’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.93 EPS. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. Research analysts predict that Veralto will post 4.41 earnings per share for the current fiscal year.

Veralto Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, September 30th will be paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Wednesday, September 30th. Veralto’s dividend payout ratio is currently 13.13%.

About Veralto

(Get Free Report)

Veralto Corporation (NYSE: VLTO) is a global provider of technology, equipment, software and services focused on water quality and product quality. The company serves municipal, industrial, commercial and consumer markets, helping customers monitor and manage water systems while improving the production, packaging and identification of products.

Veralto operates through two primary segments. Its Water Quality businesses provide water analytics, testing and monitoring systems, treatment technologies, flow measurement equipment and related software and services.

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Analyst Recommendations for Veralto (NYSE:VLTO)

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