First Trust Advisors LP Boosts Stake in Veralto Corporation $VLTO

First Trust Advisors LP boosted its position in Veralto Corporation (NYSE:VLTO) by 24.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 3,508,512 shares of the company’s stock after purchasing an additional 685,614 shares during the period. First Trust Advisors LP owned approximately 1.41% of Veralto worth $374,042,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also modified their holdings of the business. Root Financial Partners LLC purchased a new stake in shares of Veralto in the third quarter worth approximately $27,000. Loomis Sayles & Co. L P bought a new stake in shares of Veralto during the 2nd quarter worth approximately $28,000. True Wealth Design LLC boosted 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 acquiring an additional 290 shares during the period. Headlands Technologies LLC bought a new position in Veralto in the 2nd quarter valued at $44,000. Finally, Elevation Point Wealth Partners LLC purchased a new stake in Veralto in the second quarter worth $50,000. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on VLTO. Robert W. Baird set a $108.00 target price on Veralto in a research report on Thursday, February 5th. UBS Group set a $102.00 price target on shares of Veralto and gave the stock a “neutral” rating in a research note on Friday, February 6th. Barclays reiterated an “overweight” rating and set a $117.00 price objective on shares of Veralto in a report on Thursday, February 5th. Royal Bank Of Canada lowered their price objective 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. Finally, Weiss Ratings downgraded shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st. Five research analysts have rated the stock with a Buy rating and seven have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $108.22.

Veralto Stock Performance

Shares of Veralto stock opened at $94.41 on Friday. The company has a current ratio of 1.67, a quick ratio of 1.52 and a debt-to-equity ratio of 0.64. Veralto Corporation has a 12 month low of $83.86 and a 12 month high of $110.11. The stock’s fifty day moving average price is $97.58 and its 200-day moving average price is $101.11. The firm has a market cap of $23.40 billion, a P/E ratio of 25.18, a P/E/G ratio of 2.70 and a beta of 0.89.

Veralto (NYSE:VLTO) last posted its earnings results on Tuesday, February 3rd. The company reported $1.04 EPS for the quarter, beating analysts’ consensus estimates 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 the consensus estimate of $1.41 billion. During the same quarter last year, the firm posted $0.95 EPS. The company’s revenue for the quarter 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 research analysts expect that Veralto Corporation will post 3.66 earnings per share for the current fiscal year.

Veralto Dividend Announcement

The business 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 dividend of $0.13 per share. The ex-dividend date is Tuesday, March 31st. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. 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.