Veralto Corporation (NYSE:VLTO) Receives $110.90 Average PT from Brokerages

Veralto Corporation (NYSE:VLTOGet Free Report) has received an average rating of “Moderate Buy” from the ten research firms that are presently covering the company, Marketbeat reports. Four equities research analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued ratings on the stock in the last year is $110.90.

A number of equities analysts have recently commented on the company. BNP Paribas Exane reissued an “outperform” rating and set a $120.00 price target (up from $115.00) on shares of Veralto in a report on Thursday, July 30th. Royal Bank Of Canada lifted their target price on Veralto from $100.00 to $109.00 and gave the company a “sector perform” rating in a research report on Thursday, July 30th. Weiss Ratings reissued a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th. Citigroup increased their target price on shares of Veralto from $102.00 to $107.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Finally, Barclays lifted their price target on shares of Veralto from $113.00 to $117.00 and gave the company an “overweight” rating in a report on Thursday, July 30th.

Check Out Our Latest Stock Report on Veralto

Insider Buying and Selling

In other Veralto news, SVP Surekha Trivedi sold 986 shares of the firm’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $97.05, for a total value of $95,691.30. Following the sale, the senior vice president owned 8,565 shares in the company, valued at $831,233.25. This trade represents a 10.32% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jennifer Honeycutt sold 7,097 shares of the business’s stock in a transaction on Wednesday, July 29th. The stock was sold at an average price of $101.52, for a total transaction of $720,487.44. Following the sale, the chief executive officer directly owned 124,085 shares in the company, valued at approximately $12,597,109.20. The trade was a 5.41% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 15,180 shares of company stock worth $1,490,394 in the last 90 days. Company insiders own 0.43% of the company’s stock.

Hedge Funds Weigh In On Veralto

Institutional investors and hedge funds have recently bought and sold shares of the company. Brighton Jones LLC grew its holdings in shares of 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 purchasing an additional 479 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in Veralto by 5.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company’s stock valued at $2,529,000 after buying an additional 1,306 shares during the last quarter. Empowered Funds LLC raised its holdings in Veralto by 20.4% in the 1st quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock valued at $443,000 after buying an additional 770 shares during the last quarter. Geneos Wealth Management Inc. boosted its position in Veralto by 102.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock worth $81,000 after buying an additional 421 shares during the period. Finally, Sivia Capital Partners LLC acquired a new stake in Veralto during the 2nd quarter worth approximately $201,000. Institutional investors and hedge funds own 91.28% of the company’s stock.

Veralto Stock Performance

Shares of NYSE:VLTO opened at $98.45 on Wednesday. Veralto has a 1 year low of $80.03 and a 1 year high of $109.86. The stock has a market capitalization of $24.00 billion, a price-to-earnings ratio of 24.86, a price-to-earnings-growth ratio of 2.67 and a beta of 0.60. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.78 and a quick ratio of 1.61. The company’s 50 day simple moving average is $94.11 and its 200 day simple moving average is $90.67.

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

About Veralto

(Get Free Report)

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.

Further Reading

Analyst Recommendations for Veralto (NYSE:VLTO)

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