MUFG Securities EMEA plc Raises Holdings in Veralto Corporation $VLTO

MUFG Securities EMEA plc lifted its holdings in shares of Veralto Corporation (NYSE:VLTO) by 2,219.7% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 110,185 shares of the company’s stock after acquiring an additional 105,435 shares during the period. MUFG Securities EMEA plc’s holdings in Veralto were worth $10,994,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Vanguard Group Inc. boosted its position in Veralto by 2.8% in the third quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock valued at $3,311,135,000 after buying an additional 852,276 shares during the last quarter. State Street Corp boosted its position in Veralto by 1.9% in the third quarter. State Street Corp now owns 10,449,828 shares of the company’s stock valued at $1,115,182,000 after buying an additional 191,872 shares during the last quarter. Geode Capital Management LLC boosted its position in Veralto by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company’s stock valued at $720,876,000 after buying an additional 126,814 shares during the last quarter. Impax Asset Management Group plc boosted its position in Veralto by 3.9% in the third quarter. Impax Asset Management Group plc now owns 3,839,722 shares of the company’s stock valued at $408,503,000 after buying an additional 144,044 shares during the last quarter. Finally, First Trust Advisors LP boosted its position in Veralto by 24.3% in the third quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock valued at $374,042,000 after buying an additional 685,614 shares during the last quarter. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Trading Up 0.1%

Shares of VLTO stock opened at $82.29 on Monday. 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 cap of $20.21 billion, a price-to-earnings ratio of 21.26, a PEG ratio of 2.32 and a beta of 0.70. The stock has a 50 day simple moving average of $87.75 and a 200-day simple moving average of $94.37. Veralto Corporation has a 1-year low of $80.03 and a 1-year high of $110.11.

Veralto (NYSE:VLTO) last announced its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, topping the consensus estimate of $1.02 by $0.05. The business had revenue of $1.42 billion during 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 business’s quarterly revenue was up 6.8% on a year-over-year basis. During the same period in the prior year, the company 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. On average, equities research analysts expect that Veralto Corporation will post 4.23 EPS for the current fiscal year.

Veralto Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be paid 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 presently 13.44%.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on VLTO. Citigroup dropped 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. UBS Group upped their target price on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Stifel Nicolaus dropped 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. BMO Capital Markets reiterated an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Finally, Barclays decreased their price target on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, Veralto has an average rating of “Hold” and an average target price of $105.88.

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.