Veralto Corporation (NYSE:VLTO) Receives Consensus Recommendation of “Hold” from Analysts

Shares of Veralto Corporation (NYSE:VLTO) have received a consensus rating of “Hold” from the eleven ratings firms that are presently covering the company, Marketbeat Ratings reports. Six analysts have rated the stock with a hold rating and five have issued a buy rating on the company. The average 1-year price target among analysts that have covered the stock in the last year is $105.8750.

A number of equities analysts have recently weighed in on the company. Weiss Ratings reiterated a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th. Citigroup lowered their price objective on Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Royal Bank Of Canada lifted their target price on Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a report on Thursday, April 30th. Barclays decreased their price target on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Finally, Jefferies Financial Group assumed coverage on shares of Veralto in a research note on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price objective for the company.

Hedge Funds Weigh In On Veralto

Several hedge funds have recently bought and sold shares of the company. State Street Corp lifted its holdings in shares of Veralto by 2.6% during the 4th quarter. State Street Corp now owns 10,720,184 shares of the company’s stock worth $1,071,035,000 after acquiring an additional 270,356 shares during the period. Geode Capital Management LLC raised its position in Veralto by 1.8% during the fourth quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company’s stock valued at $720,876,000 after purchasing an additional 126,814 shares in the last quarter. First Trust Advisors LP lifted its stake in Veralto by 31.5% during the first quarter. First Trust Advisors LP now owns 6,150,388 shares of the company’s stock worth $543,817,000 after purchasing an additional 1,472,304 shares during the last quarter. Invesco Ltd. lifted 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 purchasing an additional 272,036 shares during the last quarter. Finally, Amundi boosted its holdings in shares of Veralto by 16.3% in the 1st quarter. Amundi now owns 3,797,526 shares of the company’s stock valued at $335,785,000 after purchasing an additional 531,478 shares in the last quarter. 91.28% of the stock is owned by institutional investors.

Veralto Stock Performance

Shares of VLTO traded up $0.10 during trading hours on Tuesday, hitting $92.58. The company had a trading volume of 87,445 shares, compared to its average volume of 2,131,460. The business has a fifty day moving average of $86.21 and a 200-day moving average of $91.86. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. The firm has a market cap of $22.74 billion, a price-to-earnings ratio of 24.00, a PEG ratio of 2.61 and a beta of 0.63. Veralto has a 12 month low of $80.03 and a 12 month high of $110.11.

Veralto (NYSE:VLTO) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. Veralto’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the business earned $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 anticipate that Veralto will post 4.24 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. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Veralto’s dividend payout ratio is 13.44%.

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.