Veralto Corporation (NYSE:VLTO) Stock Has Average Target Price of $112.50 According to Analysts

Shares of Veralto Corporation (NYSE:VLTO) have been assigned a consensus recommendation of “Moderate Buy” from the ten research firms that are covering the company, MarketBeat.com reports. Four analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is $112.50.

VLTO has been the subject of a number of analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Veralto in a report on Monday, September 21st. BNP Paribas Exane reaffirmed an “outperform” rating and set a $120.00 target price (up from $115.00) on shares of Veralto in a report on Thursday, July 30th. Royal Bank Of Canada boosted their target price on shares of Veralto from $100.00 to $109.00 and gave the company a “sector perform” rating in a research note on Thursday, July 30th. Wolfe Research reissued an “outperform” rating and set a $125.00 price target on shares of Veralto in a report on Tuesday, September 15th. Finally, Citigroup raised their price target on shares of Veralto from $102.00 to $107.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th.

Insider Transactions at Veralto

In other news, SVP Surekha Trivedi sold 986 shares of the firm’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $97.05, for a total transaction of $95,691.30. Following the sale, the senior vice president directly owned 8,565 shares in the company, valued at $831,233.25. This trade represents a 10.32% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jennifer Honeycutt sold 7,097 shares of Veralto stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $101.52, for a total value of $720,487.44. Following the completion of the transaction, the chief executive officer owned 124,085 shares of the company’s stock, valued at approximately $12,597,109.20. This represents a 5.41% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 15,180 shares of company stock worth $1,490,394 over the last 90 days. Insiders own 0.43% of the company’s stock.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. QRG Capital Management Inc. lifted its holdings in Veralto by 38.6% during the second quarter. QRG Capital Management Inc. now owns 9,586 shares of the company’s stock valued at $850,000 after purchasing an additional 2,672 shares in the last quarter. Security National Bank of Sioux City Iowa IA increased its stake in shares of Veralto by 33.8% during the second quarter. Security National Bank of Sioux City Iowa IA now owns 20,684 shares of the company’s stock worth $1,834,000 after purchasing an additional 5,229 shares in the last quarter. Tidal Investments LLC raised its position in shares of Veralto by 2.5% during the 2nd quarter. Tidal Investments LLC now owns 50,275 shares of the company’s stock worth $4,458,000 after purchasing an additional 1,218 shares during the last quarter. NewEdge Advisors LLC lifted its stake in Veralto by 123.0% in the 2nd quarter. NewEdge Advisors LLC now owns 9,662 shares of the company’s stock valued at $857,000 after buying an additional 5,329 shares in the last quarter. Finally, IFP Advisors Inc lifted its stake in Veralto by 35.5% in the 2nd quarter. IFP Advisors Inc now owns 1,221 shares of the company’s stock valued at $108,000 after buying an additional 320 shares in the last quarter. 91.28% of the stock is owned by institutional investors and hedge funds.

Veralto Price Performance

Shares of VLTO opened at $97.13 on Friday. The business’s 50-day moving average is $96.29 and its two-hundred day moving average is $90.92. The company has a market capitalization of $23.68 billion, a P/E ratio of 24.53, a P/E/G ratio of 2.76 and a beta of 0.60. Veralto has a fifty-two week low of $80.03 and a fifty-two week high of $107.90. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.61 and a current ratio of 1.78.

Veralto (NYSE:VLTO) last issued its earnings results on Tuesday, July 28th. The company reported $1.11 EPS for the quarter, topping analysts’ consensus estimates of $1.01 by $0.10. The firm had revenue of $1.47 billion for the quarter, compared to the consensus estimate of $1.45 billion. Veralto had a return on equity of 34.76% and a net margin of 17.35%.The company’s revenue was up 7.5% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.93 earnings per share. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. Research analysts predict that Veralto will post 4.41 earnings per share for the current year.

Veralto Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, September 30th will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.5%. The ex-dividend date of this dividend is Wednesday, September 30th. Veralto’s dividend payout ratio is presently 13.13%.

Veralto Company Profile

Veralto Corporation (NYSE: VLTO) is a global provider of technology, equipment, software and services focused on water quality and product quality. The company serves municipal, industrial, commercial and consumer markets, helping customers monitor and manage water systems while improving the production, packaging and identification of products.

Veralto operates through two primary segments. Its Water Quality businesses provide water analytics, testing and monitoring systems, treatment technologies, flow measurement equipment and related software and services.