Teacher Retirement System of Texas Raises Position in Veralto Corporation $VLTO

Teacher Retirement System of Texas increased its holdings in Veralto Corporation (NYSE:VLTO) by 14.6% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 593,907 shares of the company’s stock after purchasing an additional 75,664 shares during the quarter. Teacher Retirement System of Texas’ holdings in Veralto were worth $59,260,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently modified their holdings of the company. KLP Kapitalforvaltning AS increased its position in shares of Veralto by 0.4% in the fourth quarter. KLP Kapitalforvaltning AS now owns 146,049 shares of the company’s stock valued at $14,589,000 after acquiring an additional 600 shares during the period. Alphinity Investment Management Pty Ltd boosted its stake in Veralto by 180.6% during the fourth quarter. Alphinity Investment Management Pty Ltd now owns 133,775 shares of the company’s stock worth $13,348,000 after acquiring an additional 86,104 shares in the last quarter. M&T Bank Corp boosted its stake in Veralto by 53.2% during the fourth quarter. M&T Bank Corp now owns 89,505 shares of the company’s stock worth $8,931,000 after acquiring an additional 31,079 shares in the last quarter. Evergreen Capital Management LLC bought a new stake in Veralto during the fourth quarter worth about $497,000. Finally, Autumn Glory Partners LLC raised its holdings in Veralto by 58.5% in the fourth quarter. Autumn Glory Partners LLC now owns 3,399 shares of the company’s stock worth $339,000 after buying an additional 1,255 shares during the last quarter. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Price Performance

VLTO stock opened at $89.12 on Thursday. Veralto Corporation has a 52 week low of $84.99 and a 52 week high of $110.11. The firm has a market capitalization of $21.89 billion, a P/E ratio of 23.77, a price-to-earnings-growth ratio of 2.55 and a beta of 0.98. The company has a quick ratio of 1.52, a current ratio of 1.67 and a debt-to-equity ratio of 0.64. The company has a fifty day simple moving average of $91.14 and a two-hundred day simple moving average of $97.11.

Veralto (NYSE:VLTO) last announced its earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share 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 business had revenue of $1.40 billion for the quarter, compared to the consensus estimate of $1.41 billion. During the same quarter in the prior year, the firm posted $0.95 earnings per share. The business’s revenue for the quarter 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. Analysts anticipate that Veralto Corporation will post 4.21 earnings per share for the current fiscal year.

Veralto Dividend Announcement

The business also recently declared 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 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, March 31st. Veralto’s dividend payout ratio (DPR) is currently 13.87%.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Stifel Nicolaus decreased their price objective on shares of Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. UBS Group reduced their target price on shares of Veralto from $102.00 to $99.00 and set a “neutral” rating for the company in a report on Thursday, April 9th. Citigroup dropped their price target 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. Weiss Ratings lowered shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, December 31st. Finally, Barclays restated an “overweight” rating and set a $117.00 target price on shares of Veralto in a research report on Thursday, February 5th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $107.56.

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.