Veralto (NYSE:VLTO) Now Covered by Analysts at Jefferies Financial Group

Jefferies Financial Group started coverage on shares of Veralto (NYSE:VLTO) in a research note released on Tuesday morning, MarketBeat.com reports. The firm issued a buy rating and a $110.00 price target on the stock.

VLTO has been the subject of several other reports. Stifel Nicolaus set a $118.00 price objective on Veralto in a research report on Thursday, February 5th. Barclays reaffirmed an “overweight” rating and set a $117.00 target price on shares of Veralto in a research report on Thursday, February 5th. Citigroup cut their target price on shares of Veralto from $111.00 to $104.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. BMO Capital Markets reissued an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Finally, Robert W. Baird set a $108.00 price target on shares of Veralto in a research report on Thursday, February 5th. Six research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $108.78.

Veralto Trading Up 2.6%

Shares of NYSE:VLTO opened at $88.28 on Tuesday. 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’s 50-day moving average is $93.50 and its 200-day moving average is $98.89. The company has a market cap of $21.68 billion, a P/E ratio of 23.54, a P/E/G ratio of 2.44 and a beta of 0.89. Veralto has a 52-week low of $83.86 and a 52-week high of $110.11.

Veralto (NYSE:VLTO) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.06. The business had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The firm’s revenue was up 3.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.95 EPS. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. Equities research analysts predict that Veralto will post 3.66 earnings per share for the current year.

Veralto Announces Dividend

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 $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, March 31st. Veralto’s dividend payout ratio is presently 13.87%.

Institutional Investors Weigh In On Veralto

A number of institutional investors have recently bought and sold shares of the business. Compass Wealth Management LLC bought a new position in Veralto during the third quarter worth about $6,708,000. Capital Advisors Inc. OK grew its stake in shares of Veralto by 6.3% in the 3rd quarter. Capital Advisors Inc. OK now owns 380,910 shares of the company’s stock valued at $40,609,000 after purchasing an additional 22,464 shares during the period. Spire Wealth Management grew its stake in shares of Veralto by 1,579.5% in the 3rd quarter. Spire Wealth Management now owns 12,311 shares of the company’s stock valued at $1,312,000 after purchasing an additional 11,578 shares during the period. Wolverine Asset Management LLC acquired a new position in shares of Veralto in the 3rd quarter worth approximately $1,919,000. Finally, LGT Capital Partners LTD. acquired a new position in shares of Veralto in the 3rd quarter worth approximately $2,068,000. Institutional investors and hedge funds own 91.28% of the company’s stock.

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.