Veralto (NYSE:VLTO) Earns Buy Rating from Analysts at Jefferies Financial Group

Jefferies Financial Group started coverage on shares of Veralto (NYSE:VLTO) in a research note published on Tuesday, MarketBeat Ratings reports. The firm issued a buy rating and a $110.00 price objective on the stock.

Several other research analysts also recently commented on the company. Barclays reaffirmed an “overweight” rating and set a $117.00 target price on shares of Veralto in a report on Thursday, February 5th. UBS Group set a $102.00 price target on Veralto and gave the company a “neutral” rating in a research note on Friday, February 6th. Robert W. Baird set a $108.00 price objective on Veralto in a research report on Thursday, February 5th. Citigroup cut their price objective on Veralto from $111.00 to $104.00 and set a “neutral” rating on the stock in a research note on Thursday, February 5th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $108.78.

Veralto Stock Up 0.0%

NYSE:VLTO opened at $88.10 on Tuesday. Veralto has a one year low of $83.86 and a one year high of $110.11. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.67 and a quick ratio of 1.52. The company has a market cap of $21.63 billion, a PE ratio of 23.49, a P/E/G ratio of 2.49 and a beta of 0.98. The firm’s 50 day simple moving average is $92.96 and its 200 day simple moving average is $98.74.

Veralto (NYSE:VLTO) last announced its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.06. The firm had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The company’s revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.95 EPS. 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, research analysts anticipate that Veralto will post 3.66 earnings per share for the current year.

Veralto Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be paid 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 yield of 0.6%. Veralto’s dividend payout ratio (DPR) is currently 13.87%.

Hedge Funds Weigh In On Veralto

Institutional investors have recently added to or reduced their stakes in the business. Vanguard Group Inc. grew its position in shares of Veralto by 2.8% during the 3rd quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock worth $3,311,135,000 after buying an additional 852,276 shares during the period. State Street Corp increased its stake in shares of Veralto by 2.6% in the 4th quarter. State Street Corp now owns 10,720,184 shares of the company’s stock valued at $1,071,035,000 after acquiring an additional 270,356 shares in the last quarter. Geode Capital Management LLC lifted its position in shares of Veralto by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company’s stock valued at $720,876,000 after acquiring an additional 126,814 shares during the period. First Trust Advisors LP lifted its position in shares of Veralto by 33.3% during the 4th quarter. First Trust Advisors LP now owns 4,678,084 shares of the company’s stock valued at $466,779,000 after acquiring an additional 1,169,572 shares during the period. Finally, Invesco Ltd. boosted its stake in Veralto by 6.3% during the fourth quarter. Invesco Ltd. now owns 4,595,043 shares of the company’s stock worth $458,493,000 after acquiring an additional 272,036 shares in the last quarter. 91.28% of the stock is owned by institutional investors and hedge funds.

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.