WealthPLAN Partners LLC Decreases Stake in Veralto Corporation $VLTO

WealthPLAN Partners LLC lessened its holdings in shares of Veralto Corporation (NYSE:VLTO) by 62.6% during the first quarter, HoldingsChannel reports. The fund owned 3,807 shares of the company’s stock after selling 6,362 shares during the period. WealthPLAN Partners LLC’s holdings in Veralto were worth $337,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of the business. Brighton Jones LLC grew its stake in shares of Veralto by 16.1% during the 4th quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock worth $352,000 after purchasing an additional 479 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Veralto by 5.3% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company’s stock valued at $2,529,000 after purchasing an additional 1,306 shares during the period. Empowered Funds LLC lifted its stake in shares of Veralto by 20.4% in the first quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock valued at $443,000 after purchasing an additional 770 shares during the period. Geneos Wealth Management Inc. boosted its holdings in Veralto by 102.4% during the first quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock worth $81,000 after buying an additional 421 shares in the last quarter. Finally, Sivia Capital Partners LLC acquired a new position in Veralto during the second quarter worth about $201,000. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Stock Performance

Shares of VLTO opened at $91.77 on Thursday. Veralto Corporation has a 12-month low of $80.03 and a 12-month high of $110.11. The stock has a market cap of $22.54 billion, a P/E ratio of 23.71, a PEG ratio of 2.62 and a beta of 0.63. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65. The company has a 50-day moving average of $86.40 and a two-hundred day moving average of $91.75.

Veralto (NYSE:VLTO) last released 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. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same period in the prior year, the business earned $0.95 earnings per share. The company’s quarterly revenue 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. As a group, research analysts predict that Veralto Corporation will post 4.24 EPS for the current fiscal year.

Veralto Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.52 annualized dividend and a yield of 0.6%. Veralto’s dividend payout ratio (DPR) is presently 13.44%.

Analysts Set New Price Targets

A number of research firms have recently issued reports on VLTO. Robert W. Baird set a $103.00 price target on shares of Veralto in a research report on Thursday, April 30th. Barclays lowered their price target on Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Citigroup reduced their price objective on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Royal Bank Of Canada boosted their target price on Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Finally, Jefferies Financial Group initiated coverage on Veralto in a report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 target price on the stock. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $105.88.

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.