J. Safra Sarasin Holding AG lessened its holdings in Veralto Corporation (NYSE:VLTO – Free Report) by 86.6% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 4,068 shares of the company’s stock after selling 26,235 shares during the period. J. Safra Sarasin Holding AG’s holdings in Veralto were worth $406,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also added to or reduced their stakes in VLTO. Vanguard Group Inc. boosted its position in Veralto by 2.8% during the third quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock worth $3,311,135,000 after purchasing an additional 852,276 shares during the period. State Street Corp raised its position in shares of Veralto by 1.9% in the third quarter. State Street Corp now owns 10,449,828 shares of the company’s stock valued at $1,115,182,000 after purchasing an additional 191,872 shares during the period. Impax Asset Management Group plc lifted its stake in shares of Veralto by 3.9% during the 3rd quarter. Impax Asset Management Group plc now owns 3,839,722 shares of the company’s stock worth $408,503,000 after buying an additional 144,044 shares during the last quarter. First Trust Advisors LP lifted its stake in shares of Veralto by 24.3% during the 3rd quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock worth $374,042,000 after buying an additional 685,614 shares during the last quarter. Finally, Victory Capital Management Inc. boosted its holdings in shares of Veralto by 12.8% during the 3rd quarter. Victory Capital Management Inc. now owns 2,194,081 shares of the company’s stock worth $237,738,000 after buying an additional 248,718 shares during the period. Institutional investors and hedge funds own 91.28% of the company’s stock.
Wall Street Analyst Weigh In
Several research firms have weighed in on VLTO. UBS Group set a $102.00 price target on shares of Veralto and gave the company a “neutral” rating in a report on Friday, February 6th. 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 report on Thursday, February 5th. Barclays reaffirmed an “overweight” rating and issued a $117.00 target price on shares of Veralto in a research report on Thursday, February 5th. BMO Capital Markets reiterated an “outperform” rating on shares of Veralto in a research note on Wednesday, February 11th. Finally, Weiss Ratings downgraded Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat, Veralto currently has an average rating of “Moderate Buy” and a consensus target price of $108.78.
Veralto Price Performance
Shares of Veralto stock opened at $88.10 on Friday. Veralto Corporation has a twelve month low of $83.86 and a twelve month high of $110.11. The company has a quick ratio of 1.52, a current ratio of 1.67 and a debt-to-equity ratio of 0.64. The company has a 50-day simple moving average of $92.96 and a two-hundred day simple moving average of $98.74. The stock has a market capitalization of $21.63 billion, a price-to-earnings ratio of 23.49, a price-to-earnings-growth ratio of 2.49 and a beta of 0.98.
Veralto (NYSE:VLTO – Get Free Report) last announced its earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share (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 firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the prior year, the business posted $0.95 EPS. The business’s revenue 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. Analysts forecast that Veralto Corporation will post 3.66 EPS for the current year.
Veralto Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. Veralto’s dividend payout ratio is currently 13.87%.
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.
Further Reading
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