Veralto Corporation $VLTO Holdings Lifted by Handelsbanken Fonder AB

Handelsbanken Fonder AB lifted its holdings in Veralto Corporation (NYSE:VLTO) by 82.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 130,048 shares of the company’s stock after purchasing an additional 58,908 shares during the quarter. Handelsbanken Fonder AB’s holdings in Veralto were worth $13,864,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also made changes to their positions in VLTO. PFG Investments LLC grew its holdings in shares of Veralto by 2.7% in the 3rd quarter. PFG Investments LLC now owns 3,792 shares of the company’s stock worth $404,000 after acquiring an additional 100 shares during the last quarter. Strategic Blueprint LLC boosted its holdings in shares of Veralto by 4.3% during the third quarter. Strategic Blueprint LLC now owns 2,543 shares of the company’s stock worth $271,000 after purchasing an additional 105 shares during the period. Capital Counsel LLC NY increased its stake in shares of Veralto by 0.8% in the second quarter. Capital Counsel LLC NY now owns 15,010 shares of the company’s stock worth $1,515,000 after acquiring an additional 115 shares during the last quarter. City Holding Co. grew its stake in shares of Veralto by 0.5% in the 3rd quarter. City Holding Co. now owns 21,345 shares of the company’s stock valued at $2,276,000 after buying an additional 115 shares in the last quarter. Finally, Bailard Inc. lifted its stake in Veralto by 4.9% in the second quarter. Bailard Inc. now owns 3,655 shares of the company’s stock valued at $369,000 after acquiring an additional 171 shares during the last quarter. 91.28% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

VLTO has been the topic of a number of recent analyst reports. Weiss Ratings lowered shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, December 31st. Royal Bank Of Canada reduced their price objective on Veralto from $111.00 to $102.00 and set a “sector perform” rating for the company in a research report on Thursday, February 5th. Jefferies Financial Group reiterated a “hold” rating on shares of Veralto in a research report on Wednesday, February 4th. UBS Group set a $102.00 price objective on Veralto and gave the company a “neutral” rating in a report on Friday, February 6th. Finally, Barclays reiterated an “overweight” rating and issued a $117.00 price objective on shares of Veralto in a research note on Thursday, February 5th. Five equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $108.22.

Veralto Trading Down 0.7%

Shares of NYSE VLTO opened at $97.33 on Monday. Veralto Corporation has a 1-year low of $83.86 and a 1-year high of $110.11. The company has a 50-day moving average of $98.25 and a two-hundred day moving average of $101.44. The company has a market cap of $24.12 billion, a PE ratio of 25.95, a P/E/G ratio of 2.76 and a beta of 0.89. The company has a current ratio of 1.67, a quick ratio of 1.52 and a debt-to-equity ratio of 0.64.

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

Veralto Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.5%. This is a boost from Veralto’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Wednesday, December 31st. Veralto’s payout ratio is currently 13.87%.

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.