Alliancebernstein L.P. Reduces Stake in Veralto Corporation $VLTO

Alliancebernstein L.P. lessened its position in shares of Veralto Corporation (NYSE:VLTO) by 4.3% in the third quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 5,740,239 shares of the company’s stock after selling 259,154 shares during the quarter. Alliancebernstein L.P. owned 2.31% of Veralto worth $611,967,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Schonfeld Strategic Advisors LLC boosted its position in Veralto by 7,570.7% in the third quarter. Schonfeld Strategic Advisors LLC now owns 366,812 shares of the company’s stock worth $39,106,000 after purchasing an additional 362,030 shares during the last quarter. Creative Planning increased its position in shares of Veralto by 59.3% during the 3rd quarter. Creative Planning now owns 61,014 shares of the company’s stock valued at $6,505,000 after purchasing an additional 22,712 shares during the last quarter. Lazard Asset Management LLC lifted its stake in shares of Veralto by 84.9% in the 3rd quarter. Lazard Asset Management LLC now owns 567,713 shares of the company’s stock worth $60,524,000 after purchasing an additional 260,663 shares during the period. AQR Capital Management LLC lifted its stake in shares of Veralto by 86.1% in the 3rd quarter. AQR Capital Management LLC now owns 2,157,211 shares of the company’s stock worth $226,615,000 after purchasing an additional 997,778 shares during the period. Finally, Zacks Investment Management purchased a new position in shares of Veralto in the third quarter worth approximately $208,000. Institutional investors own 91.28% of the company’s stock.

Veralto Trading Up 0.5%

Shares of VLTO stock opened at $90.21 on Friday. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.52 and a current ratio of 1.67. The stock has a fifty day simple moving average of $96.71 and a two-hundred day simple moving average of $100.48. The firm has a market capitalization of $22.36 billion, a PE ratio of 24.05, a PEG ratio of 2.56 and a beta of 0.89. Veralto Corporation has a 52-week low of $83.86 and a 52-week high of $110.11.

Veralto (NYSE:VLTO) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $1.04 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to the consensus estimate of $1.41 billion. During the same period in the previous year, the business earned $0.95 earnings per share. The business’s 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. On average, analysts predict that Veralto Corporation will post 3.66 EPS for the current fiscal year.

Veralto Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be paid a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, March 31st. Veralto’s dividend payout ratio is presently 13.87%.

Analysts Set New Price Targets

Several brokerages recently issued reports on VLTO. Royal Bank Of Canada cut their target price on shares of Veralto from $111.00 to $102.00 and set a “sector perform” rating for the company in a research report on Thursday, February 5th. Citigroup decreased their price target on shares of Veralto from $111.00 to $104.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. Robert W. Baird set a $108.00 price target on shares of Veralto in a research note on Thursday, February 5th. Stifel Nicolaus set a $118.00 price objective on shares of Veralto in a research report on Thursday, February 5th. Finally, Barclays restated an “overweight” rating and issued a $117.00 price objective on shares of Veralto in a research note on Thursday, February 5th. Five analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $108.22.

Veralto Company 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.