Aberdeen Group plc trimmed its holdings in shares of Veralto Corporation (NYSE:VLTO – Free Report) by 4.5% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 340,512 shares of the company’s stock after selling 15,999 shares during the period. Aberdeen Group plc owned about 0.14% of Veralto worth $33,976,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also recently modified their holdings of the company. Root Financial Partners LLC purchased a new stake in Veralto during the 3rd quarter valued at about $27,000. Goodman Advisory Group LLC purchased a new position in shares of Veralto in the third quarter worth $29,000. Board of the Pension Protection Fund purchased a new position in shares of Veralto in the fourth quarter worth $30,000. True Wealth Design LLC raised its holdings in Veralto by 852.9% during the 3rd quarter. True Wealth Design LLC now owns 324 shares of the company’s stock valued at $35,000 after buying an additional 290 shares during the last quarter. Finally, Hilltop National Bank raised its holdings in Veralto by 2,625.0% during the 4th quarter. Hilltop National Bank now owns 436 shares of the company’s stock valued at $44,000 after buying an additional 420 shares during the last quarter. 91.28% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of equities analysts have issued reports on the stock. Robert W. Baird set a $108.00 price objective on shares of Veralto in a research report on Thursday, February 5th. Weiss Ratings lowered shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, December 31st. Jefferies Financial Group assumed coverage on Veralto in a research note on Tuesday, March 31st. They issued a “buy” rating and a $110.00 target price on the stock. Barclays restated an “overweight” rating and set a $117.00 price target on shares of Veralto in a report on Thursday, February 5th. Finally, Stifel Nicolaus set a $118.00 price objective on Veralto in a report on Thursday, February 5th. Six research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $108.78.
Veralto Stock Up 0.1%
NYSE:VLTO opened at $88.10 on Friday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.67 and a quick ratio of 1.52. The firm’s 50-day moving average price is $92.69 and its 200-day moving average price is $98.55. The company has a market capitalization of $21.63 billion, a PE ratio of 23.49, a P/E/G ratio of 2.49 and a beta of 0.98. Veralto Corporation has a 1-year low of $83.86 and a 1-year high of $110.11.
Veralto (NYSE:VLTO – Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $1.04 EPS for the quarter, topping the consensus estimate of $0.98 by $0.06. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the previous year, the firm 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. On average, equities analysts predict that Veralto Corporation will post 3.66 EPS for the current fiscal year.
Veralto Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st will be paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, March 31st. Veralto’s dividend payout ratio 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.
Further Reading
Receive News & Ratings for Veralto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veralto and related companies with MarketBeat.com's FREE daily email newsletter.
