Veralto Corporation $VLTO Shares Purchased by Bank of New York Mellon Corp

Bank of New York Mellon Corp lifted its position in Veralto Corporation (NYSE:VLTO) by 2.2% in the fourth quarter, Holdings Channel reports. The firm owned 3,453,007 shares of the company’s stock after acquiring an additional 75,253 shares during the period. Bank of New York Mellon Corp’s holdings in Veralto were worth $344,541,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in the company. Brighton Jones LLC raised its stake in Veralto by 16.1% during the 4th quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock valued at $352,000 after acquiring an additional 479 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Veralto by 5.3% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company’s stock valued at $2,529,000 after acquiring an additional 1,306 shares during the last quarter. Empowered Funds LLC raised its stake in Veralto by 20.4% during the 1st quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock valued at $443,000 after acquiring an additional 770 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Veralto by 102.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock valued at $81,000 after acquiring an additional 421 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in Veralto during the 2nd quarter valued at approximately $201,000. 91.28% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several analysts have commented on VLTO shares. Royal Bank Of Canada upped their price objective on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research note on Thursday, April 30th. Robert W. Baird set a $103.00 price objective on Veralto in a research note on Thursday, April 30th. Barclays reduced their price objective on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Citigroup reduced their price objective on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Finally, UBS Group upped their price objective on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat.com, the company has an average rating of “Hold” and an average price target of $105.88.

Veralto Stock Performance

Shares of VLTO stock opened at $84.88 on Friday. The company has a market cap of $20.85 billion, a price-to-earnings ratio of 21.93, a price-to-earnings-growth ratio of 2.39 and a beta of 0.69. The stock has a 50 day simple moving average of $87.39 and a 200-day simple moving average of $93.97. Veralto Corporation has a 12-month low of $80.03 and a 12-month high of $110.11. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65.

Veralto (NYSE:VLTO) last issued its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the prior year, the business 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 analysts forecast that Veralto Corporation will post 4.23 EPS for the current year.

Veralto Dividend Announcement

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 dividend on an annualized basis 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.