Veralto Corporation (NYSE:VLTO) Receives $110.90 Consensus Target Price from Brokerages

Veralto Corporation (NYSE:VLTO) has received a consensus rating of “Moderate Buy” from the eleven brokerages that are covering the firm, Marketbeat.com reports. Five investment analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $110.90.

VLTO has been the topic of a number of recent research reports. Royal Bank Of Canada increased their price objective on Veralto from $100.00 to $109.00 and gave the stock a “sector perform” rating in a report on Thursday, July 30th. Wolfe Research reaffirmed an “outperform” rating and set a $109.00 price target on shares of Veralto in a research note on Thursday, July 9th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th. Robert W. Baird set a $111.00 price target on Veralto in a research report on Thursday, July 30th. Finally, Citigroup boosted their price objective on shares of Veralto from $102.00 to $107.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th.

Insider Buying and Selling

In other Veralto news, CEO Jennifer Honeycutt sold 7,097 shares of Veralto stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $101.52, for a total transaction of $720,487.44. Following the sale, the chief executive officer directly owned 124,085 shares of the company’s stock, valued at approximately $12,597,109.20. The trade was a 5.41% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by company insiders.

Institutional Trading of Veralto

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Laurel Wealth Advisors LLC purchased a new stake in Veralto in the fourth quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Veralto by 82.2% during 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 last quarter. Creative Capital Management Investments LLC boosted its holdings in Veralto by 45.9% in the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after purchasing an additional 107 shares during the last quarter. DV Equities LLC bought a new stake in shares of Veralto in the fourth quarter worth $35,000. Finally, Elyxium Wealth LLC purchased a new stake in shares of Veralto during the 4th quarter valued at about $37,000. 91.28% of the stock is owned by hedge funds and other institutional investors.

Veralto Trading Up 0.6%

Shares of Veralto stock opened at $97.03 on Friday. The stock has a fifty day moving average price of $89.24 and a 200-day moving average price of $90.70. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.78 and a quick ratio of 1.61. Veralto has a 1 year low of $80.03 and a 1 year high of $110.11. The firm has a market cap of $23.65 billion, a PE ratio of 24.50, a P/E/G ratio of 2.62 and a beta of 0.60.

Veralto (NYSE:VLTO) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 EPS for the quarter, beating the consensus estimate of $1.01 by $0.10. Veralto had a return on equity of 34.76% and a net margin of 17.35%.The business had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.45 billion. During the same quarter in the prior year, the business earned $0.93 earnings per share. Veralto’s revenue for the quarter was up 7.5% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. Equities research analysts anticipate that Veralto will post 4.4 EPS for the current year.

Veralto Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th were issued a $0.13 dividend. The ex-dividend date was Tuesday, June 30th. This represents a $0.52 annualized dividend and a yield of 0.5%. Veralto’s dividend payout ratio is 13.13%.

Veralto Company 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.