Generali Asset Management SPA SGR Cuts Stake in Veralto Corporation $VLTO

Generali Asset Management SPA SGR lessened its holdings in Veralto Corporation (NYSE:VLTO) by 20.8% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 30,147 shares of the company’s stock after selling 7,906 shares during the quarter. Generali Asset Management SPA SGR’s holdings in Veralto were worth $3,008,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Vanguard Group Inc. increased its holdings in shares of Veralto by 2.8% in the third quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock worth $3,311,135,000 after buying an additional 852,276 shares during the period. State Street Corp boosted its holdings in Veralto by 1.9% during the 3rd quarter. State Street Corp now owns 10,449,828 shares of the company’s stock valued at $1,115,182,000 after acquiring an additional 191,872 shares during the period. Impax Asset Management Group plc grew its position in Veralto by 3.9% during the 3rd quarter. Impax Asset Management Group plc now owns 3,839,722 shares of the company’s stock worth $408,503,000 after acquiring an additional 144,044 shares during the last quarter. First Trust Advisors LP grew its position in Veralto by 24.3% during the 3rd quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock worth $374,042,000 after acquiring an additional 685,614 shares during the last quarter. Finally, Victory Capital Management Inc. increased its stake in Veralto by 12.8% in the 3rd quarter. Victory Capital Management Inc. now owns 2,194,081 shares of the company’s stock worth $237,738,000 after purchasing an additional 248,718 shares during the period. 91.28% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

VLTO has been the subject of several recent research reports. Citigroup lowered their price objective on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Jefferies Financial Group initiated coverage on shares of Veralto in a research note on Tuesday, March 31st. They issued a “buy” rating and a $110.00 target price on the stock. Royal Bank Of Canada upped their price target on shares of Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Stifel Nicolaus dropped their price target on shares of Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $105.88.

Veralto Price Performance

Shares of VLTO stock opened at $86.89 on Friday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48. Veralto Corporation has a fifty-two week low of $84.99 and a fifty-two week high of $110.11. The firm has a market cap of $21.34 billion, a P/E ratio of 22.45, a P/E/G ratio of 2.45 and a beta of 0.77. The business’s 50 day moving average price is $90.25 and its 200-day moving average price is $96.12.

Veralto (NYSE:VLTO) last announced its earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the prior year, the company earned $0.95 earnings per share. The firm’s revenue for the quarter was up 6.8% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. On average, equities research analysts anticipate that Veralto Corporation will post 4.23 earnings per share for the current year.

Veralto Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st were issued a $0.13 dividend. The ex-dividend date was Tuesday, March 31st. This represents a $0.52 annualized dividend and a yield of 0.6%. Veralto’s dividend payout ratio is 13.44%.

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.