Veralto Corporation $VLTO Shares Bought by M&T Bank Corp

M&T Bank Corp raised its position in Veralto Corporation (NYSE:VLTO) by 53.2% in the 4th quarter, HoldingsChannel.com reports. The fund owned 89,505 shares of the company’s stock after acquiring an additional 31,079 shares during the quarter. M&T Bank Corp’s holdings in Veralto were worth $8,931,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the company. Evergreen Capital Management LLC acquired a new position in Veralto in the 4th quarter valued at about $497,000. Autumn Glory Partners LLC grew its position in Veralto by 58.5% in the 4th quarter. Autumn Glory Partners LLC now owns 3,399 shares of the company’s stock valued at $339,000 after acquiring an additional 1,255 shares in the last quarter. Krilogy Financial LLC grew its position in Veralto by 7.2% in the 4th quarter. Krilogy Financial LLC now owns 7,379 shares of the company’s stock valued at $752,000 after acquiring an additional 496 shares in the last quarter. First Horizon Corp grew its position in Veralto by 46.2% in the 4th quarter. First Horizon Corp now owns 760 shares of the company’s stock valued at $76,000 after acquiring an additional 240 shares in the last quarter. Finally, Lecap Asset Management Ltd. grew its position in shares of Veralto by 48.7% during the fourth quarter. Lecap Asset Management Ltd. now owns 15,378 shares of the company’s stock worth $1,534,000 after buying an additional 5,035 shares in the last quarter. 91.28% of the stock is owned by institutional investors and hedge funds.

Veralto Stock Performance

Shares of Veralto stock opened at $88.67 on Friday. 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 Corporation has a one year low of $84.99 and a one year high of $110.11. The company has a market cap of $21.78 billion, a PE ratio of 23.65, a P/E/G ratio of 2.52 and a beta of 0.98. The business has a 50-day simple moving average of $91.00 and a 200-day simple moving average of $96.93.

Veralto (NYSE:VLTO) last issued its earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.06. The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.41 billion. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The business’s quarterly revenue was up 3.8% on a year-over-year basis. During the same quarter last year, the company earned $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, equities research analysts forecast that Veralto Corporation will post 4.21 EPS for the current fiscal year.

Veralto Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, March 31st. Veralto’s dividend payout ratio is 13.87%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on VLTO. Royal Bank Of Canada lowered 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. Citigroup lowered their price objective on Veralto from $111.00 to $104.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Barclays reissued an “overweight” rating and set a $117.00 price objective on shares of Veralto in a research report on Thursday, February 5th. Jefferies Financial Group began coverage on Veralto in a research report on Tuesday, March 31st. They set a “buy” rating and a $110.00 price objective for the company. Finally, Robert W. Baird set a $108.00 price objective on Veralto in a research report on Thursday, February 5th. Six equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $107.56.

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.