Veralto Corporation $VLTO Holdings Reduced by Corus Family Wealth Advisors

Corus Family Wealth Advisors lowered its position in Veralto Corporation (NYSE:VLTO) by 48.1% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 7,711 shares of the company’s stock after selling 7,146 shares during the quarter. Corus Family Wealth Advisors’ holdings in Veralto were worth $682,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Brighton Jones LLC boosted its position in shares of Veralto by 16.1% during the fourth quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock worth $352,000 after buying an additional 479 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in Veralto by 5.3% in 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 period. 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 in the last quarter. Geneos Wealth Management Inc. boosted its position in Veralto by 102.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock worth $81,000 after acquiring an additional 421 shares during the period. Finally, Sivia Capital Partners LLC acquired a new position in Veralto during the 2nd quarter worth $201,000. Institutional investors own 91.28% of the company’s stock.

Analyst Ratings Changes

VLTO has been the subject of several recent analyst reports. Robert W. Baird set a $103.00 price target on Veralto in a research note on Thursday, April 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Veralto in a report on Wednesday, June 24th. Citigroup decreased their target price on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Jefferies Financial Group assumed coverage on shares of Veralto in a research note on Tuesday, March 31st. They set a “buy” rating and a $110.00 target price on the stock. Finally, UBS Group boosted 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. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, Veralto has an average rating of “Hold” and an average price target of $105.88.

Veralto Trading Up 0.7%

Shares of VLTO stock opened at $93.10 on Wednesday. The stock has a 50-day simple moving average of $86.30 and a 200 day simple moving average of $91.81. The stock has a market capitalization of $22.87 billion, a P/E ratio of 24.06, a P/E/G ratio of 2.60 and a beta of 0.63. Veralto Corporation has a fifty-two week low of $80.03 and a fifty-two week 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.

Veralto (NYSE:VLTO) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.02 by $0.05. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The firm had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the previous year, the business earned $0.95 earnings per share. Veralto’s revenue for the quarter was up 6.8% compared to the same quarter last year. 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, sell-side analysts expect that Veralto Corporation will post 4.24 earnings per share for the current fiscal year.

Veralto Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, June 30th. Veralto’s payout ratio is presently 13.44%.

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.