MQS Management LLC Invests $629,000 in Veralto Corporation $VLTO

MQS Management LLC acquired a new position in Veralto Corporation (NYSE:VLTO) during the 1st quarter, according to its most recent filing with the SEC. The fund acquired 7,113 shares of the company’s stock, valued at approximately $629,000.

Other large investors have also recently added to or reduced their stakes in the company. Robeco Institutional Asset Management B.V. raised its position in shares of Veralto by 3.4% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,199,220 shares of the company’s stock worth $119,658,000 after purchasing an additional 39,803 shares during the last quarter. First Trust Advisors LP lifted its stake in Veralto by 24.3% in the 3rd quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock valued at $374,042,000 after buying an additional 685,614 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. grew its holdings in Veralto by 30.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 61,602 shares of the company’s stock valued at $6,147,000 after buying an additional 14,219 shares during the last quarter. Swiss Life Asset Management Ltd increased its position in Veralto by 18.0% during the third quarter. Swiss Life Asset Management Ltd now owns 78,343 shares of the company’s stock worth $8,352,000 after buying an additional 11,930 shares in the last quarter. Finally, Rathbones Group PLC raised its holdings in shares of Veralto by 88.7% in the third quarter. Rathbones Group PLC now owns 56,951 shares of the company’s stock worth $6,072,000 after acquiring an additional 26,776 shares during the last quarter. 91.28% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of analysts recently commented on the company. UBS Group lifted their price objective on Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Jefferies Financial Group initiated coverage on shares of Veralto in a research note on Tuesday, March 31st. They set a “buy” rating and a $110.00 price target on the stock. Citigroup lowered their price target on shares of 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 price objective on shares of 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 reduced their price objective on shares of Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat.com, Veralto has a consensus rating of “Hold” and an average price target of $105.88.

Veralto Stock Up 0.4%

VLTO opened at $88.71 on Wednesday. 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 stock has a market capitalization of $21.79 billion, a price-to-earnings ratio of 22.92, a price-to-earnings-growth ratio of 2.49 and a beta of 0.69. The business has a 50-day moving average of $86.02 and a two-hundred day moving average of $92.06. Veralto Corporation has a 12 month low of $80.03 and a 12 month high of $110.11.

Veralto (NYSE:VLTO) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the prior year, the company posted $0.95 EPS. The company’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. On average, research analysts expect that Veralto Corporation will post 4.23 earnings per share for the current 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 paid a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.52 dividend on an annualized basis 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.