Lombard Odier Asset Management Europe Ltd Sells 18,918,862 Shares of Veralto Corporation $VLTO

Lombard Odier Asset Management Europe Ltd lessened its stake in Veralto Corporation (NYSE:VLTO) by 99.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 147,769 shares of the company’s stock after selling 18,918,862 shares during the period. Lombard Odier Asset Management Europe Ltd owned about 0.06% of Veralto worth $14,744,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Laurel Wealth Advisors LLC bought a new stake in shares of Veralto in the fourth quarter valued at about $25,000. Goodman Advisory Group LLC bought a new stake in shares of Veralto in the third quarter valued at about $29,000. Annis Gardner Whiting Capital Advisors LLC lifted its stake in shares of Veralto by 82.2% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after buying an additional 129 shares during the period. Board of the Pension Protection Fund bought a new stake in shares of Veralto in the fourth quarter valued at about $30,000. Finally, Creative Capital Management Investments LLC lifted its stake in shares of Veralto by 45.9% in the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock valued at $34,000 after buying an additional 107 shares during the period. Institutional investors own 91.28% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on VLTO shares. Citigroup reduced their target price on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Robert W. Baird set a $103.00 price target on shares of Veralto in a research report on Thursday, April 30th. UBS Group increased their price target on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Stifel Nicolaus dropped their price target on shares of Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Finally, Barclays dropped their price target on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $105.88.

Veralto Stock Performance

NYSE:VLTO opened at $84.11 on Wednesday. Veralto Corporation has a 12-month low of $80.03 and a 12-month high of $110.11. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $20.66 billion, a PE ratio of 21.73, a price-to-earnings-growth ratio of 2.33 and a beta of 0.70. The firm has a 50-day moving average price of $86.91 and a 200 day moving average price of $93.11.

Veralto (NYSE:VLTO) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.05. The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.95 earnings per share. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Research analysts anticipate that Veralto Corporation will post 4.23 earnings per share for the current fiscal year.

Veralto Announces Dividend

The firm 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 dividend of $0.13 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. 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.