Veralto Corporation $VLTO Shares Acquired by Bank of Nova Scotia

Bank of Nova Scotia boosted its position in Veralto Corporation (NYSE:VLTO) by 32.2% during the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 265,116 shares of the company’s stock after purchasing an additional 64,581 shares during the quarter. Bank of Nova Scotia owned about 0.11% of Veralto worth $28,264,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Root Financial Partners LLC acquired a new stake in shares of Veralto in the third quarter valued at approximately $27,000. Loomis Sayles & Co. L P acquired a new position in shares of Veralto during the second quarter worth approximately $28,000. Goodman Advisory Group LLC bought a new position in Veralto in the 3rd quarter worth approximately $29,000. True Wealth Design LLC grew its holdings in Veralto by 852.9% in the 3rd quarter. True Wealth Design LLC now owns 324 shares of the company’s stock worth $35,000 after buying an additional 290 shares in the last quarter. Finally, Headlands Technologies LLC acquired a new stake in Veralto in the 2nd quarter valued at approximately $44,000. 91.28% of the stock is owned by institutional investors and hedge funds.

Veralto Stock Performance

VLTO opened at $91.23 on Tuesday. The company has a market capitalization of $22.61 billion, a price-to-earnings ratio of 24.33, a price-to-earnings-growth ratio of 2.56 and a beta of 0.89. 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 Corporation has a 1-year low of $83.86 and a 1-year high of $110.11. The business has a 50 day moving average price of $96.55 and a two-hundred day moving average price of $100.32.

Veralto (NYSE:VLTO) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same period last year, the company posted $0.95 EPS. The firm’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. Research analysts predict that Veralto Corporation will post 3.66 EPS for the current fiscal year.

Veralto Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.52 annualized dividend and a yield of 0.6%. Veralto’s dividend payout ratio (DPR) is currently 13.87%.

Wall Street Analysts Forecast Growth

VLTO has been the topic of several recent analyst reports. Weiss Ratings downgraded Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st. Stifel Nicolaus set a $118.00 price target on Veralto in a report on Thursday, February 5th. BMO Capital Markets restated an “outperform” rating on shares of Veralto in a research note on Wednesday, February 11th. Robert W. Baird set a $108.00 price objective on shares of Veralto in a report on Thursday, February 5th. Finally, Citigroup decreased their target price on shares of Veralto from $111.00 to $104.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Five analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat.com, Veralto presently has a consensus rating of “Hold” and an average target price of $108.22.

About Veralto

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.