OVERSEA CHINESE BANKING Corp Ltd Reduces Stock Position in Veralto Corporation $VLTO

OVERSEA CHINESE BANKING Corp Ltd lowered its stake in shares of Veralto Corporation (NYSE:VLTO) by 17.3% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 315,325 shares of the company’s stock after selling 65,997 shares during the period. Veralto accounts for approximately 0.8% of OVERSEA CHINESE BANKING Corp Ltd’s portfolio, making the stock its 28th largest holding. OVERSEA CHINESE BANKING Corp Ltd’s holdings in Veralto were worth $31,463,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in VLTO. Root Financial Partners LLC purchased a new stake in shares of Veralto during the third quarter worth $27,000. Goodman Advisory Group LLC purchased a new stake in shares of Veralto during the third quarter worth $29,000. Board of the Pension Protection Fund purchased a new stake in shares of Veralto in the fourth quarter worth $30,000. Creative Capital Management Investments LLC raised its position in shares of Veralto by 45.9% in the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after buying an additional 107 shares in the last quarter. Finally, True Wealth Design LLC boosted its stake in Veralto by 852.9% during the third quarter. True Wealth Design LLC now owns 324 shares of the company’s stock valued at $35,000 after buying an additional 290 shares during the period. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Price Performance

NYSE:VLTO opened at $89.77 on Wednesday. The firm has a market capitalization of $22.04 billion, a price-to-earnings ratio of 23.94, a P/E/G ratio of 2.56 and a beta of 0.98. Veralto Corporation has a 52-week low of $84.99 and a 52-week high of $110.11. The stock has a fifty day moving average of $91.26 and a 200 day moving average of $97.17. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.52 and a current ratio of 1.67.

Veralto (NYSE:VLTO) last posted its quarterly earnings data 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 return on equity of 35.77% and a net margin of 17.08%.The company had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter last year, the company earned $0.95 earnings per share. 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. On average, research analysts expect that Veralto Corporation will post 4.21 EPS for the current fiscal year.

Veralto Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be given 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 (DPR) is presently 13.87%.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on VLTO shares. Weiss Ratings lowered Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st. Jefferies Financial Group started coverage on Veralto in a research note on Tuesday, March 31st. They set a “buy” rating and a $110.00 price objective for the company. BMO Capital Markets reissued an “outperform” rating on shares of Veralto in a research note on Wednesday, February 11th. UBS Group dropped their price objective on Veralto from $102.00 to $99.00 and set a “neutral” rating for the company in a research note on Thursday, April 9th. Finally, Citigroup dropped their price objective on Veralto from $111.00 to $104.00 and set a “neutral” rating for the company in a research note on Thursday, February 5th. Six analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $107.56.

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.