Russell Investments Group Ltd. Acquires 90,186 Shares of Veralto Corporation $VLTO

Russell Investments Group Ltd. grew its holdings in Veralto Corporation (NYSE:VLTO) by 20.7% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 525,304 shares of the company’s stock after buying an additional 90,186 shares during the period. Russell Investments Group Ltd.’s holdings in Veralto were worth $55,951,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Root Financial Partners LLC acquired a new position in shares of Veralto during the 3rd quarter worth approximately $27,000. Loomis Sayles & Co. L P acquired a new stake in Veralto during the 2nd quarter valued at $28,000. Goodman Advisory Group LLC acquired a new stake in Veralto during the 3rd quarter valued at $29,000. True Wealth Design LLC boosted its position in Veralto by 852.9% during the third quarter. True Wealth Design LLC now owns 324 shares of the company’s stock worth $35,000 after purchasing an additional 290 shares during the period. Finally, Headlands Technologies LLC bought a new position in Veralto during the second quarter worth $44,000. 91.28% of the stock is currently owned by institutional investors.

Veralto Stock Down 2.5%

VLTO opened at $91.72 on Wednesday. The stock has a fifty day moving average of $97.24 and a 200-day moving average of $100.78. The company has a market capitalization of $22.73 billion, a P/E ratio of 24.46, a P/E/G ratio of 2.66 and a beta of 0.89. Veralto Corporation has a fifty-two week low of $83.86 and a fifty-two week high of $110.11. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.52 and a current ratio of 1.67.

Veralto (NYSE:VLTO) last released its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $1.41 billion. During the same period last year, the firm earned $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. On average, equities analysts expect that Veralto Corporation will post 3.66 EPS for the current year.

Veralto Dividend Announcement

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

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on the stock. Stifel Nicolaus set a $118.00 price objective on shares of Veralto in a research report on Thursday, February 5th. Citigroup reduced their target price on shares of Veralto from $111.00 to $104.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Jefferies Financial Group reiterated a “hold” rating on shares of Veralto in a research note on Wednesday, February 4th. Barclays reissued an “overweight” rating and issued a $117.00 price target on shares of Veralto in a report on Thursday, February 5th. Finally, Weiss Ratings cut Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, December 31st. Five analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average target price of $108.22.

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.