Veralto Corporation (NYSE:VLTO) Receives Average Recommendation of “Moderate Buy” from Brokerages

Shares of Veralto Corporation (NYSE:VLTO) have earned a consensus rating of “Moderate Buy” from the ten research firms that are presently covering the company, MarketBeat reports. Four investment analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $110.90.

Several brokerages have issued reports on VLTO. Royal Bank Of Canada lifted their target price on shares of Veralto from $100.00 to $109.00 and gave the stock a “sector perform” rating in a report on Thursday, July 30th. BNP Paribas Exane reissued an “outperform” rating and set a $120.00 price target (up from $115.00) on shares of Veralto in a research report on Thursday, July 30th. Wolfe Research restated an “outperform” rating and issued a $109.00 price objective on shares of Veralto in a report on Thursday, July 9th. Robert W. Baird set a $111.00 price objective on Veralto in a research report on Thursday, July 30th. Finally, Citigroup increased their target price on Veralto from $102.00 to $107.00 and gave the company a “neutral” rating in a research note on Thursday, July 30th.

Veralto Trading Down 1.6%

Veralto stock opened at $96.98 on Wednesday. Veralto has a 12 month low of $80.03 and a 12 month high of $109.86. The company has a market capitalization of $23.64 billion, a price-to-earnings ratio of 24.49, a price-to-earnings-growth ratio of 2.80 and a beta of 0.60. The business’s fifty day simple moving average is $94.67 and its two-hundred day simple moving average is $90.71. The company has a current ratio of 1.78, a quick ratio of 1.61 and a debt-to-equity ratio of 0.86.

Veralto (NYSE:VLTO) last posted its quarterly earnings results on Tuesday, July 28th. The company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.10. The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. Veralto had a return on equity of 34.76% and a net margin of 17.35%.Veralto’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.93 EPS. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. As a group, equities analysts predict that Veralto will post 4.41 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Veralto news, CEO Jennifer Honeycutt sold 7,097 shares of the business’s stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $101.52, for a total value of $720,487.44. Following the completion of the transaction, the chief executive officer owned 124,085 shares of the company’s stock, valued at approximately $12,597,109.20. The trade was a 5.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Surekha Trivedi sold 986 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $97.05, for a total transaction of $95,691.30. Following the transaction, the senior vice president owned 8,565 shares in the company, valued at $831,233.25. This represents a 10.32% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 15,180 shares of company stock worth $1,490,394. Corporate insiders own 0.43% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently made changes to their positions in VLTO. Arbejdsmarkedets Tillaegspension grew its holdings in shares of Veralto by 23.4% in the first quarter. Arbejdsmarkedets Tillaegspension now owns 291,695 shares of the company’s stock worth $25,792,000 after acquiring an additional 55,348 shares during the period. Danske Bank A S lifted its holdings in Veralto by 18.8% in the fourth quarter. Danske Bank A S now owns 196,159 shares of the company’s stock valued at $19,573,000 after acquiring an additional 31,070 shares during the period. Handelsbanken Fonder AB lifted its holdings in Veralto by 9.1% in the second quarter. Handelsbanken Fonder AB now owns 219,254 shares of the company’s stock valued at $19,443,000 after acquiring an additional 18,277 shares during the period. WINTON GROUP Ltd purchased a new position in Veralto in the fourth quarter worth about $4,511,000. Finally, Mitsubishi UFJ Asset Management Co. Ltd. boosted its position in Veralto by 5.2% in the fourth quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 526,204 shares of the company’s stock worth $51,831,000 after purchasing an additional 25,999 shares during the last quarter. 91.28% of the stock is owned by hedge funds and other institutional investors.

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.