Meiji Yasuda Life Insurance Co Invests $704,000 in Veralto Corporation $VLTO

Meiji Yasuda Life Insurance Co purchased a new position in shares of Veralto Corporation (NYSE:VLTO) during the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund purchased 6,600 shares of the company’s stock, valued at approximately $704,000.

Several other large investors also recently bought and sold shares of VLTO. Brighton Jones LLC lifted its stake in Veralto by 16.1% in 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 in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings 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 last quarter. Empowered Funds LLC increased its holdings 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 last quarter. Geneos Wealth Management Inc. lifted its position 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 $201,000. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Price Performance

NYSE:VLTO opened at $94.41 on Monday. Veralto Corporation has a 52 week low of $83.86 and a 52 week high of $110.11. The stock’s fifty day moving average is $97.58 and its two-hundred day moving average is $101.01. The company has a market capitalization of $23.40 billion, a P/E ratio of 25.18, a P/E/G ratio of 2.67 and a beta of 0.89. The company has a quick ratio of 1.52, a current ratio of 1.67 and a debt-to-equity ratio of 0.64.

Veralto (NYSE:VLTO) last issued its quarterly earnings data on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.06. The firm had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.41 billion. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The company’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period last year, the company earned $0.95 EPS. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. Equities analysts expect that Veralto Corporation will post 3.66 EPS for the current year.

Veralto Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, March 31st. Veralto’s dividend payout ratio is currently 13.87%.

Wall Street Analysts Forecast Growth

Several analysts have issued reports on the company. Robert W. Baird set a $108.00 target price on Veralto in a report on Thursday, February 5th. Royal Bank Of Canada reduced their price target on Veralto from $111.00 to $102.00 and set a “sector perform” rating on the stock in a report on Thursday, February 5th. Weiss Ratings lowered shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, December 31st. BMO Capital Markets restated an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Finally, Jefferies Financial Group reaffirmed a “hold” rating on shares of Veralto in a research note on Wednesday, February 4th. Five analysts have rated the stock with a Buy rating and seven have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $108.22.

Veralto 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.