Capital International Investors lowered its position in Veralto Corporation (NYSE:VLTO – Free Report) by 2.6% during the third quarter, according to its most recent Form 13F filing with the SEC. The fund owned 233,985 shares of the company’s stock after selling 6,302 shares during the period. Capital International Investors owned 0.09% of Veralto worth $24,942,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Compass Wealth Management LLC acquired a new stake in shares of Veralto in the third quarter valued at about $6,708,000. Capital Advisors Inc. OK increased its position in shares of Veralto by 6.3% during the third quarter. Capital Advisors Inc. OK now owns 380,910 shares of the company’s stock valued at $40,609,000 after purchasing an additional 22,464 shares during the period. Spire Wealth Management increased its holdings in Veralto by 1,579.5% in the 3rd quarter. Spire Wealth Management now owns 12,311 shares of the company’s stock valued at $1,312,000 after buying an additional 11,578 shares during the period. Wolverine Asset Management LLC acquired a new position in Veralto in the third quarter worth about $1,919,000. Finally, Robeco Institutional Asset Management B.V. raised its holdings in shares of Veralto by 8.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,159,417 shares of the company’s stock worth $123,605,000 after buying an additional 94,607 shares in the last quarter. 91.28% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
Several equities analysts recently issued reports on the stock. Royal Bank Of Canada cut their price target on shares of Veralto from $111.00 to $102.00 and set a “sector perform” rating for the company in a report on Thursday, February 5th. Barclays restated an “overweight” rating and issued a $117.00 price objective on shares of Veralto in a research report on Thursday, February 5th. Weiss Ratings downgraded Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, December 31st. Stifel Nicolaus set a $118.00 price objective on shares of Veralto in a report on Thursday, February 5th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Veralto in a research note on Wednesday, February 11th. Five investment analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $108.22.
Veralto Stock Performance
Shares of NYSE VLTO opened at $89.78 on Friday. The stock has a market capitalization of $22.25 billion, a PE ratio of 23.94, a price-to-earnings-growth ratio of 2.59 and a beta of 0.89. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.52 and a current ratio of 1.67. Veralto Corporation has a 52 week low of $83.86 and a 52 week high of $110.11. The stock has a 50 day moving average price of $96.87 and a 200 day moving average price of $100.64.
Veralto (NYSE:VLTO – Get Free Report) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.06. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The business had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.41 billion. During the same quarter last year, the company posted $0.95 earnings per share. Veralto’s quarterly revenue was up 3.8% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. Analysts predict that Veralto Corporation will post 3.66 earnings per share for the current fiscal year.
Veralto Dividend Announcement
The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, March 31st. Veralto’s dividend payout ratio (DPR) is currently 13.87%.
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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