Analysts Set Veralto Corporation (NYSE:VLTO) PT at $105.88

Shares of Veralto Corporation (NYSE:VLTO) have been given a consensus rating of “Hold” by the eleven research firms that are presently covering the firm, Marketbeat reports. Six analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12 month price target among analysts that have updated their coverage on the stock in the last year is $105.8750.

Several brokerages have recently issued reports on VLTO. Barclays decreased their price target on Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. UBS Group raised their price objective on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Citigroup dropped their target price on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Royal Bank Of Canada increased their target price on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Finally, Stifel Nicolaus dropped their target price on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th.

Institutional Investors Weigh In On Veralto

A number of institutional investors have recently made changes to their positions in VLTO. Norges Bank bought a new stake in shares of Veralto in the 4th quarter valued at about $261,340,000. First Trust Advisors LP grew its position in shares of Veralto by 31.5% in the 1st quarter. First Trust Advisors LP now owns 6,150,388 shares of the company’s stock valued at $543,817,000 after buying an additional 1,472,304 shares during the last quarter. FIL Ltd grew its position in shares of Veralto by 263.8% in the 4th quarter. FIL Ltd now owns 1,798,310 shares of the company’s stock valued at $179,435,000 after buying an additional 1,303,940 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Veralto by 86.1% in the 3rd quarter. AQR Capital Management LLC now owns 2,157,211 shares of the company’s stock valued at $226,615,000 after buying an additional 997,778 shares during the last quarter. Finally, SG Americas Securities LLC grew its position in shares of Veralto by 115.2% in the 1st quarter. SG Americas Securities LLC now owns 1,681,786 shares of the company’s stock valued at $148,704,000 after buying an additional 900,135 shares during the last quarter. Institutional investors own 91.28% of the company’s stock.

Veralto Trading Up 1.7%

Shares of VLTO opened at $84.11 on Friday. Veralto has a 52-week low of $80.03 and a 52-week high of $110.11. The business’s fifty day moving average is $86.91 and its 200-day moving average is $93.11. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48. The firm has a market cap of $20.66 billion, a price-to-earnings ratio of 21.73, a PEG ratio of 2.33 and a beta of 0.70.

Veralto (NYSE:VLTO) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter last year, the company posted $0.95 EPS. The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. 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 analysts anticipate that Veralto will post 4.23 EPS for the current fiscal year.

Veralto Dividend Announcement

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