364,598 Shares in Veralto Corporation $VLTO Bought by Eurizon Capital SGR S.p.A.

Eurizon Capital SGR S.p.A. purchased a new position in shares of Veralto Corporation (NYSE:VLTO) during the 4th quarter, Holdings Channel.com reports. The firm purchased 364,598 shares of the company’s stock, valued at approximately $36,391,000.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. raised its stake in Veralto by 2.8% during the 3rd quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock worth $3,311,135,000 after acquiring an additional 852,276 shares in the last quarter. State Street Corp raised its stake in Veralto by 1.9% during the 3rd quarter. State Street Corp now owns 10,449,828 shares of the company’s stock worth $1,115,182,000 after acquiring an additional 191,872 shares in the last quarter. Geode Capital Management LLC raised its stake in Veralto by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company’s stock worth $720,876,000 after acquiring an additional 126,814 shares in the last quarter. Impax Asset Management Group plc raised its stake 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 in the last quarter. Finally, First Trust Advisors LP raised its stake 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 in the last quarter. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

VLTO has been the topic of several research analyst reports. Robert W. Baird set a $103.00 price target on shares of Veralto in a research note on Thursday, April 30th. Jefferies Financial Group initiated coverage on shares of Veralto in a research note on Tuesday, March 31st. They set a “buy” rating and a $110.00 price target on the stock. UBS Group lifted their price target on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research note on Friday, May 1st. Stifel Nicolaus cut their price target on shares of Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Finally, Barclays dropped their price objective on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $105.88.

Veralto Stock Down 1.4%

Shares of NYSE:VLTO opened at $82.29 on Friday. The company has a market cap of $20.21 billion, a price-to-earnings ratio of 21.26, a PEG ratio of 2.32 and a beta of 0.77. The firm’s 50-day simple moving average is $87.75 and its 200-day simple moving average is $94.40. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. Veralto Corporation has a fifty-two week low of $80.03 and a fifty-two week high of $110.11.

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

Veralto Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be issued a $0.13 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. Veralto’s payout ratio is presently 13.44%.

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.