Veralto Corporation (NYSE:VLTO) Given Consensus Rating of “Hold” by Brokerages

Veralto Corporation (NYSE:VLTO) has been given a consensus recommendation of “Hold” by the eleven analysts that are currently covering the company, MarketBeat reports. Six research analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average twelve-month target price among brokers that have covered the stock in the last year is $105.8750.

A number of research firms recently issued reports on VLTO. Royal Bank Of Canada lifted their target price on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Jefferies Financial Group began coverage on Veralto in a research report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 target price on the stock. Robert W. Baird set a $103.00 target price on Veralto in a research report on Thursday, April 30th. Citigroup lowered their target price on Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Finally, Stifel Nicolaus lowered their target price on Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th.

Veralto Stock Performance

VLTO opened at $83.88 on Friday. The business’s 50-day moving average price is $86.69 and its two-hundred day moving average price is $92.86. Veralto has a 1 year low of $80.03 and a 1 year high of $110.11. The company has a market capitalization of $20.60 billion, a price-to-earnings ratio of 21.67, a P/E/G ratio of 2.34 and a beta of 0.69. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32.

Veralto (NYSE:VLTO) last released its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.05. The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.40 billion. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the business posted $0.95 EPS. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Equities analysts expect that Veralto will post 4.23 EPS for the current fiscal year.

Veralto Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be given a $0.13 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. Veralto’s payout ratio is currently 13.44%.

Institutional Trading of Veralto

A number of hedge funds and other institutional investors have recently modified their holdings of VLTO. Laurel Wealth Advisors LLC acquired a new position in Veralto during the fourth quarter worth approximately $25,000. Goodman Advisory Group LLC acquired a new position in Veralto during the third quarter worth approximately $29,000. Annis Gardner Whiting Capital Advisors LLC increased its position in Veralto by 82.2% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock worth $29,000 after buying an additional 129 shares during the last quarter. Board of the Pension Protection Fund acquired a new position in Veralto during the fourth quarter worth approximately $30,000. Finally, Creative Capital Management Investments LLC increased its position in Veralto by 45.9% during the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after buying an additional 107 shares during the last quarter. Institutional investors and hedge funds own 91.28% of the company’s stock.

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.