Veralto Corporation $VLTO Stake Boosted by Capital International Investors

Capital International Investors increased its stake in Veralto Corporation (NYSE:VLTOFree Report) by 20.0% during the fourth quarter, HoldingsChannel reports. The firm owned 280,862 shares of the company’s stock after acquiring an additional 46,877 shares during the period. Capital International Investors’ holdings in Veralto were worth $28,025,000 at the end of the most recent quarter.

Other institutional investors have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new position in Veralto in the 4th quarter worth about $25,000. Goodman Advisory Group LLC purchased a new position in Veralto during the 3rd quarter valued at about $29,000. Annis Gardner Whiting Capital Advisors LLC increased its holdings in shares of Veralto by 82.2% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after purchasing an additional 129 shares during the period. Board of the Pension Protection Fund acquired a new position in shares of Veralto in the 4th quarter valued at about $30,000. Finally, Creative Capital Management Investments LLC increased its holdings in shares of Veralto by 45.9% in the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock valued at $34,000 after purchasing an additional 107 shares during the period. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on VLTO. Royal Bank Of Canada upped their target price on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Barclays dropped their target price on Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. UBS Group upped their target price on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. BMO Capital Markets reiterated an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Finally, Stifel Nicolaus dropped their target price on Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $105.88.

Check Out Our Latest Analysis on VLTO

Veralto Price Performance

Shares of VLTO opened at $86.17 on Wednesday. The company has a market capitalization of $21.16 billion, a price-to-earnings ratio of 22.27, a P/E/G ratio of 2.40 and a beta of 0.69. The business’s 50-day moving average is $87.37 and its 200-day moving average is $93.71. Veralto Corporation has a fifty-two week low of $80.03 and a fifty-two week high of $110.11. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32.

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

Veralto Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be paid 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%.

About Veralto

(Free Report)

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.

Recommended Stories

Want to see what other hedge funds are holding VLTO? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Veralto Corporation (NYSE:VLTOFree Report).

Institutional Ownership by Quarter for Veralto (NYSE:VLTO)

Receive News & Ratings for Veralto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veralto and related companies with MarketBeat.com's FREE daily email newsletter.