Veralto Corporation $VLTO Shares Acquired by American Century Companies Inc.

American Century Companies Inc. lifted its holdings in Veralto Corporation (NYSE:VLTO) by 15.2% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 377,549 shares of the company’s stock after buying an additional 49,755 shares during the period. American Century Companies Inc. owned approximately 0.15% of Veralto worth $38,114,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in VLTO. Meiji Yasuda Asset Management Co Ltd. boosted its stake in Veralto by 3.6% during the first quarter. Meiji Yasuda Asset Management Co Ltd. now owns 3,883 shares of the company’s stock worth $378,000 after buying an additional 134 shares during the period. Huntleigh Advisors Inc. increased its position in shares of Veralto by 0.5% in the 2nd quarter. Huntleigh Advisors Inc. now owns 28,286 shares of the company’s stock valued at $2,856,000 after purchasing an additional 134 shares during the last quarter. Argent Trust Co increased its holdings in Veralto by 1.8% in the first quarter. Argent Trust Co now owns 8,096 shares of the company’s stock valued at $789,000 after buying an additional 140 shares during the last quarter. Strategic Blueprint LLC raised its position in shares of Veralto by 6.2% during the 2nd quarter. Strategic Blueprint LLC now owns 2,438 shares of the company’s stock worth $246,000 after acquiring an additional 143 shares in the last quarter. Finally, Mirador Capital Partners LP lifted its position in shares of Veralto by 2.1% during the 2nd quarter. Mirador Capital Partners LP now owns 7,579 shares of the company’s stock worth $765,000 after buying an additional 153 shares during the last quarter. Institutional investors and hedge funds own 91.28% of the company’s stock.

Veralto Trading Down 0.0%

NYSE VLTO opened at $101.22 on Friday. The firm has a market capitalization of $25.13 billion, a PE ratio of 27.73, a price-to-earnings-growth ratio of 3.16 and a beta of 0.89. The company has a 50-day simple moving average of $101.93 and a 200-day simple moving average of $102.90. Veralto Corporation has a one year low of $83.86 and a one year high of $110.11. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.40 and a current ratio of 1.57.

Veralto (NYSE:VLTO) last posted its earnings results on Tuesday, October 28th. The company reported $0.99 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.95 by $0.04. Veralto had a net margin of 16.75% and a return on equity of 38.69%. The firm had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same period in the previous year, the business posted $0.89 EPS. Veralto’s revenue was up 6.8% on a year-over-year basis. Veralto has set its FY 2025 guidance at 3.820-3.850 EPS. Q4 2025 guidance at 0.950-0.980 EPS. On average, equities analysts forecast that Veralto Corporation will post 3.66 earnings per share for the current year.

Veralto Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, October 31st. Investors of record on Tuesday, September 30th were paid a $0.11 dividend. The ex-dividend date of this dividend was Tuesday, September 30th. This represents a $0.44 dividend on an annualized basis and a yield of 0.4%. Veralto’s dividend payout ratio (DPR) is currently 12.05%.

Wall Street Analysts Forecast Growth

Several research firms have commented on VLTO. Barclays lifted their price target on Veralto from $119.00 to $121.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. UBS Group boosted their target price on shares of Veralto from $110.00 to $112.00 and gave the stock a “neutral” rating in a research report on Wednesday, November 5th. Weiss Ratings upgraded Veralto from a “hold (c+)” rating to a “buy (b-)” rating in a report on Wednesday, October 8th. Raymond James Financial began coverage on shares of Veralto in a report on Tuesday, August 26th. They set a “market perform” rating for the company. Finally, BMO Capital Markets dropped their price target on Veralto from $123.00 to $114.00 and set an “outperform” rating for the company in a research report on Tuesday, November 25th. Seven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $115.11.

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.