Allspring Global Investments Holdings LLC grew its position in Veralto Corporation (NYSE:VLTO – Free Report) by 144.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 87,632 shares of the company’s stock after purchasing an additional 51,758 shares during the quarter. Allspring Global Investments Holdings LLC’s holdings in Veralto were worth $8,632,000 at the end of the most recent reporting period.
A number of other large investors have also made changes to their positions in VLTO. PFG Investments LLC increased its position in Veralto by 2.7% during the 3rd quarter. PFG Investments LLC now owns 3,792 shares of the company’s stock valued at $404,000 after buying an additional 100 shares in the last quarter. Strategic Blueprint LLC lifted its stake in shares of Veralto by 4.3% during the third quarter. Strategic Blueprint LLC now owns 2,543 shares of the company’s stock worth $271,000 after buying an additional 105 shares during the period. IFP Advisors Inc grew its holdings in shares of Veralto by 14.0% during the third quarter. IFP Advisors Inc now owns 855 shares of the company’s stock valued at $91,000 after buying an additional 105 shares during the last quarter. Private Advisor Group LLC raised its stake in Veralto by 0.7% in the 3rd quarter. Private Advisor Group LLC now owns 15,777 shares of the company’s stock worth $1,682,000 after acquiring an additional 109 shares during the last quarter. Finally, City Holding Co. raised its stake in Veralto by 0.5% in the 3rd quarter. City Holding Co. now owns 21,345 shares of the company’s stock worth $2,276,000 after acquiring an additional 115 shares during the last quarter. 91.28% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of research analysts have recently weighed in on VLTO shares. Stifel Nicolaus set a $118.00 price objective on Veralto in a report on Thursday, February 5th. UBS Group set a $102.00 target price on Veralto and gave the company a “neutral” rating in a research report on Friday, February 6th. BMO Capital Markets reiterated an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Jefferies Financial Group initiated coverage on shares of Veralto in a research report on Tuesday, March 31st. They set a “buy” rating and a $110.00 price target for the company. Finally, Weiss Ratings lowered shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $108.78.
Veralto Stock Performance
VLTO opened at $88.10 on Monday. The company has a market cap of $21.63 billion, a price-to-earnings ratio of 23.49, a PEG ratio of 2.49 and a beta of 0.98. The firm’s fifty day simple moving average is $92.69 and its two-hundred day simple moving average is $98.49. The company has a quick ratio of 1.52, a current ratio of 1.67 and a debt-to-equity ratio of 0.64. Veralto Corporation has a 52-week low of $83.86 and a 52-week 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 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.06. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The company had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.41 billion. During the same period in the previous year, the firm posted $0.95 EPS. Veralto’s revenue was up 3.8% compared to the same quarter last year. 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 analysts anticipate that Veralto Corporation will post 3.66 earnings per share for the current fiscal year.
Veralto Dividend Announcement
The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st will be issued a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. Veralto’s dividend 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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