Dimensional Fund Advisors LP increased its stake in Veralto Corporation (NYSE:VLTO – Free Report) by 10.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,381,997 shares of the company’s stock after purchasing an additional 130,657 shares during the quarter. Dimensional Fund Advisors LP owned approximately 0.56% of Veralto worth $147,314,000 as of its most recent filing with the Securities and Exchange Commission.
Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Norges Bank purchased a new stake in shares of Veralto in the 2nd quarter valued at approximately $264,150,000. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in shares of Veralto by 6,015.1% during the 2nd quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 1,347,647 shares of the company’s stock valued at $136,045,000 after buying an additional 1,325,609 shares during the last quarter. Vanguard Group Inc. lifted its stake in Veralto by 2.8% in the third quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock valued at $3,311,135,000 after acquiring an additional 852,276 shares during the last quarter. AQR Capital Management LLC boosted its holdings in Veralto by 154.7% in the second quarter. AQR Capital Management LLC now owns 1,159,433 shares of the company’s stock worth $117,045,000 after purchasing an additional 704,213 shares in the last quarter. Finally, Westwood Holdings Group Inc. bought a new stake in shares of Veralto during the 2nd quarter worth about $69,839,000. Institutional investors and hedge funds own 91.28% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on VLTO shares. Jefferies Financial Group reaffirmed a “hold” rating on shares of Veralto in a report on Wednesday, February 4th. Royal Bank Of Canada lowered their target price on shares of Veralto from $111.00 to $102.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 5th. UBS Group set a $102.00 target price on shares of Veralto and gave the company a “neutral” rating in a research note on Friday, February 6th. Robert W. Baird set a $108.00 price target on Veralto in a report on Thursday, February 5th. Finally, BMO Capital Markets restated an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Five analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $108.22.
Veralto Stock Performance
Shares of NYSE:VLTO opened at $91.72 on Wednesday. The firm’s 50 day simple moving average is $97.24 and its 200 day simple moving average is $100.78. The company has a market capitalization of $22.73 billion, a price-to-earnings ratio of 24.46, a P/E/G ratio of 2.66 and a beta of 0.89. Veralto Corporation has a fifty-two week low of $83.86 and a fifty-two week high of $110.11. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.67 and a quick ratio of 1.52.
Veralto (NYSE:VLTO – Get Free Report) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, beating 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 company had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the previous year, the business earned $0.95 EPS. The firm’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. As a group, sell-side analysts forecast that Veralto Corporation will post 3.66 earnings per share for the current year.
Veralto Announces Dividend
The business 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. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. Veralto’s payout ratio is presently 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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