Wealthfront Advisers LLC Increases Stock Holdings in Veralto Corporation $VLTO

Wealthfront Advisers LLC increased its stake in shares of Veralto Corporation (NYSE:VLTO) by 47.6% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 46,330 shares of the company’s stock after buying an additional 14,937 shares during the quarter. Wealthfront Advisers LLC’s holdings in Veralto were worth $4,096,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Laurel Wealth Advisors LLC bought a new position in Veralto during the 4th quarter valued at $25,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in shares of Veralto by 82.2% in the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock worth $29,000 after acquiring an additional 129 shares in the last quarter. Creative Capital Management Investments LLC raised its holdings 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 purchasing an additional 107 shares during the last quarter. DV Equities LLC purchased a new stake in shares of Veralto in the fourth quarter valued at about $35,000. Finally, Elyxium Wealth LLC bought a new position in shares of Veralto during the fourth quarter valued at about $37,000. 91.28% of the stock is owned by hedge funds and other institutional investors.

Veralto Price Performance

Shares of NYSE:VLTO opened at $93.69 on Monday. The company has a market capitalization of $23.01 billion, a P/E ratio of 24.21, a price-to-earnings-growth ratio of 2.64 and a beta of 0.63. The company’s 50-day moving average is $87.08 and its 200 day moving average is $91.30. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48. Veralto Corporation has a fifty-two week low of $80.03 and a fifty-two week high of $110.11.

Veralto (NYSE:VLTO) last posted its quarterly earnings data 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 net margin of 17.33% and a return on equity of 34.63%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the company 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. On average, equities research analysts forecast that Veralto Corporation will post 4.24 earnings per share for the current year.

Veralto Dividend Announcement

The business also recently declared 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. The ex-dividend date is Tuesday, June 30th. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. Veralto’s dividend payout ratio (DPR) is presently 13.44%.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. Barclays reduced their price objective 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. Jefferies Financial Group initiated coverage on shares of Veralto in a research report on Tuesday, March 31st. They set a “buy” rating and a $110.00 target price on the stock. Citigroup cut their target price on Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. UBS Group increased their price target on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Finally, Wolfe Research reaffirmed an “outperform” rating and set a $109.00 price target on shares of Veralto in a research report on Thursday, July 9th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $106.22.

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.