SEB Asset Management AB Purchases Shares of 345,643 Veralto Corporation $VLTO

SEB Asset Management AB acquired a new position in shares of Veralto Corporation (NYSE:VLTO) in the 1st quarter, Holdings Channel.com reports. The firm acquired 345,643 shares of the company’s stock, valued at approximately $30,562,000.

A number of other institutional investors also recently made changes to their positions in the company. Laurel Wealth Advisors LLC acquired a new position in shares of Veralto in the fourth quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of 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 purchasing an additional 129 shares during the period. Creative Capital Management Investments LLC lifted its holdings in Veralto by 45.9% during the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after purchasing an additional 107 shares during the last quarter. DV Equities LLC acquired a new stake in Veralto during the 4th quarter worth approximately $35,000. Finally, Elyxium Wealth LLC bought a new stake in Veralto in the 4th quarter valued at $37,000. Institutional investors own 91.28% of the company’s stock.

Veralto Trading Down 0.1%

Shares of NYSE:VLTO opened at $93.69 on Monday. The business’s 50 day simple moving average is $87.08 and its 200 day simple moving average is $91.30. Veralto Corporation has a 1 year low of $80.03 and a 1 year high of $110.11. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32. The company has a market capitalization of $23.01 billion, a P/E ratio of 24.21, a P/E/G ratio of 2.64 and a beta of 0.63.

Veralto (NYSE:VLTO) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.05. The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the firm 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. On average, research analysts anticipate that Veralto Corporation will post 4.24 EPS for the current fiscal year.

Veralto Dividend Announcement

The business also recently declared 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 is Tuesday, June 30th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. Veralto’s dividend payout ratio (DPR) is presently 13.44%.

Analyst Upgrades and Downgrades

VLTO has been the topic of a number of research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Veralto in a report on Wednesday, June 24th. Wolfe Research reissued an “outperform” rating and set a $109.00 target price on shares of Veralto in a report on Thursday, July 9th. Robert W. Baird set a $103.00 target price on shares of Veralto in a research report on Thursday, April 30th. Royal Bank Of Canada upped their price target on shares of Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research note on Thursday, April 30th. Finally, Jefferies Financial Group initiated coverage on shares of Veralto in a research note on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price target on the stock. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and an average price target of $106.22.

Veralto 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.