SG Americas Securities LLC Buys 900,135 Shares of Veralto Corporation $VLTO

SG Americas Securities LLC lifted its stake in shares of Veralto Corporation (NYSE:VLTO) by 115.2% in the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,681,786 shares of the company’s stock after purchasing an additional 900,135 shares during the period. SG Americas Securities LLC’s holdings in Veralto were worth $148,704,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of VLTO. Laurel Wealth Advisors LLC bought a new position in Veralto during the fourth quarter valued at $25,000. Goodman Advisory Group LLC bought a new stake in shares of Veralto in the third quarter valued at $29,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in shares of Veralto by 82.2% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after buying an additional 129 shares during the period. Board of the Pension Protection Fund purchased a new position in shares of Veralto during the 4th quarter valued at $30,000. Finally, Creative Capital Management Investments LLC lifted its position in shares of Veralto by 45.9% during the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock valued at $34,000 after buying an additional 107 shares during the last quarter. Institutional investors own 91.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the company. Royal Bank Of Canada increased their price target on Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. Citigroup dropped their price objective on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a report on Thursday, April 30th. UBS Group upped their price objective on shares of Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Barclays cut their target price on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Finally, Robert W. Baird set a $103.00 price target on shares of Veralto in a research report on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, Veralto presently has a consensus rating of “Hold” and a consensus price target of $105.88.

Veralto Trading Down 0.2%

NYSE:VLTO opened at $83.88 on Monday. Veralto Corporation has a 1 year low of $80.03 and a 1 year high of $110.11. The stock’s fifty day moving average price is $86.56 and its two-hundred day moving average price is $92.74. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32. The company has a market cap of $20.60 billion, a P/E ratio of 21.67, a P/E/G ratio of 2.37 and a beta of 0.70.

Veralto (NYSE:VLTO) last announced its quarterly 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. 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 analysts’ expectations of $1.40 billion. During the same period in the previous year, the business earned $0.95 earnings per share. The firm’s quarterly revenue 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. As a group, analysts expect that Veralto Corporation will post 4.23 EPS for the current year.

Veralto Dividend Announcement

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

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.