Victory Capital Management Inc. Grows Position in Veralto Corporation $VLTO

Victory Capital Management Inc. lifted its holdings in shares of Veralto Corporation (NYSE:VLTO) by 12.8% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,194,081 shares of the company’s stock after purchasing an additional 248,718 shares during the quarter. Victory Capital Management Inc. owned 0.88% of Veralto worth $237,738,000 at the end of the most recent quarter.

Several other institutional investors also recently modified their holdings of the stock. Root Financial Partners LLC purchased a new position in Veralto in the 3rd quarter worth approximately $27,000. Loomis Sayles & Co. L P purchased a new stake in shares of Veralto during the 2nd quarter valued at $28,000. True Wealth Design LLC lifted its holdings in shares of Veralto by 852.9% during the 3rd quarter. True Wealth Design LLC now owns 324 shares of the company’s stock worth $35,000 after acquiring an additional 290 shares during the last quarter. Headlands Technologies LLC purchased a new position in Veralto in the second quarter worth $44,000. Finally, Elevation Point Wealth Partners LLC purchased a new position in Veralto in the second quarter worth $50,000. 91.28% of the stock is currently owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on VLTO shares. UBS Group set a $102.00 price target on Veralto and gave the company a “neutral” rating in a research report on Friday, February 6th. Weiss Ratings lowered Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, December 31st. Citigroup dropped their target price on Veralto from $111.00 to $104.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Robert W. Baird set a $108.00 target price on Veralto in a research note on Thursday, February 5th. Finally, Stifel Nicolaus set a $118.00 price target on shares of Veralto in a research report on Thursday, February 5th. Five analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $108.22.

Veralto Price Performance

VLTO opened at $95.59 on Wednesday. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.67 and a quick ratio of 1.52. The stock’s 50 day simple moving average is $98.02 and its 200 day simple moving average is $101.28. The firm has a market cap of $23.69 billion, a price-to-earnings ratio of 25.49, a PEG ratio of 2.75 and a beta of 0.89. Veralto Corporation has a 1 year low of $83.86 and a 1 year high of $110.11.

Veralto (NYSE:VLTO) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.06. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The firm had revenue of $1.40 billion during the quarter, compared to analyst estimates of $1.41 billion. During the same quarter in the prior year, the firm posted $0.95 earnings per share. The business’s quarterly revenue was up 3.8% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. As a group, analysts predict that Veralto Corporation will post 3.66 earnings per share for the current year.

Veralto Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, December 31st were paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.5%. This is a positive change from Veralto’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Wednesday, December 31st. Veralto’s payout ratio is currently 13.87%.

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.