Veralto (NYSE:VLTO) Posts Quarterly Earnings Results, Beats Estimates By $0.10 EPS

Veralto (NYSE:VLTO) released its quarterly earnings results on Tuesday. The company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.10, FiscalAI reports. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.45 billion. Veralto updated its FY 2026 guidance to 4.350-4.430 EPS and its Q3 2026 guidance to 1.060-1.090 EPS.

Veralto Price Performance

Shares of NYSE VLTO traded up $4.06 during mid-day trading on Tuesday, reaching $98.34. 3,126,666 shares of the company were exchanged, compared to its average volume of 2,102,408. Veralto has a 52 week low of $80.03 and a 52 week high of $110.11. The company’s 50 day moving average price is $87.81 and its 200 day moving average price is $90.97. The stock has a market capitalization of $24.15 billion, a PE ratio of 25.41, a PEG ratio of 2.59 and a beta of 0.63. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65.

Veralto Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Tuesday, June 30th. Veralto’s payout ratio is currently 13.44%.

Wall Street Analyst Weigh In

Several equities analysts recently commented on VLTO shares. Wolfe Research restated an “outperform” rating and set a $109.00 target price on shares of Veralto in a research report on Thursday, July 9th. UBS Group raised their price target on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Jefferies Financial Group began coverage on Veralto in a report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price target on the stock. Citigroup dropped their price target on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Finally, Robert W. Baird set a $103.00 price objective on Veralto in a report on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $106.33.

Insider Buying and Selling

In related news, CEO Jennifer Honeycutt sold 7,097 shares of the stock in a transaction on Friday, July 17th. The stock was sold at an average price of $95.00, for a total value of $674,215.00. Following the transaction, the chief executive officer owned 124,085 shares of the company’s stock, valued at $11,788,075. This represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Veralto

Several hedge funds have recently added to or reduced their stakes in VLTO. Brighton Jones LLC lifted its position 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 buying an additional 479 shares during the last quarter. Sivia Capital Partners LLC bought a new position in Veralto during the second quarter valued at approximately $201,000. Palisade Asset Management LLC bought a new position in Veralto during the third quarter valued at approximately $189,000. Ratan Capital Management LP purchased a new position in shares of Veralto during the fourth quarter worth approximately $186,000. Finally, Aster Capital Management DIFC Ltd purchased a new position in shares of Veralto during the fourth quarter worth approximately $127,000. Institutional investors own 91.28% of the company’s stock.

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.