State of Michigan Retirement System Has $6.49 Million Holdings in Veralto Corporation $VLTO

State of Michigan Retirement System lessened its stake in shares of Veralto Corporation (NYSE:VLTO) by 8.2% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 65,048 shares of the company’s stock after selling 5,800 shares during the quarter. State of Michigan Retirement System’s holdings in Veralto were worth $6,490,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Mountain Pacific Investment Advisers LLC raised its stake in shares of Veralto by 0.7% in the 4th quarter. Mountain Pacific Investment Advisers LLC now owns 54,641 shares of the company’s stock valued at $5,452,000 after acquiring an additional 367 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new position in Veralto during the fourth quarter valued at approximately $301,000. Teacher Retirement System of Texas grew its holdings in Veralto by 14.6% during the fourth quarter. Teacher Retirement System of Texas now owns 593,907 shares of the company’s stock valued at $59,260,000 after purchasing an additional 75,664 shares during the last quarter. KLP Kapitalforvaltning AS raised its position in shares of Veralto by 0.4% in the fourth quarter. KLP Kapitalforvaltning AS now owns 146,049 shares of the company’s stock valued at $14,589,000 after purchasing an additional 600 shares during the period. Finally, Alphinity Investment Management Pty Ltd raised its position in shares of Veralto by 180.6% in the fourth quarter. Alphinity Investment Management Pty Ltd now owns 133,775 shares of the company’s stock valued at $13,348,000 after purchasing an additional 86,104 shares during the period. Institutional investors and hedge funds own 91.28% of the company’s stock.

Key Veralto News

Here are the key news stories impacting Veralto this week:

• Positive Sentiment: Q1 results beat consensus — Veralto reported $1.07 adjusted EPS (vs. $1.02 est.) and $1.422B revenue (vs. ~$1.40B est.), with year‑over‑year revenue growth ~6.8% and strong adjusted margins. This beat is the main catalyst for the rally. Veralto Reports First Quarter 2026 Results
• Positive Sentiment: Raised FY outlook and cash‑flow focus — management raised FY2026 adjusted EPS range to $4.20–$4.28 (up from prior $4.10–$4.20), increased free‑cash‑flow conversion target toward ~100% of GAAP net earnings, and outlined a cost‑optimization program and active buybacks — all supportive of valuation. Veralto jumps after Q1 results and higher full‑year EPS outlook
• Positive Sentiment: Segment and cash‑flow drivers — analysts and coverage note Water Quality strength and solid cash‑flow generation helped the beat and support margin durability. Zacks: Veralto Q1 Earnings & Revenues Beat Estimates
• Neutral Sentiment: Full earnings/management detail available — the earnings call transcript and slide deck were published (useful for deeper read on margin initiatives and M&A/capital allocation but not an immediate price driver). Yahoo Finance: Veralto Q1 2026 Earnings Transcript
• Negative Sentiment: Q2 guide came in light of consensus — Veralto set Q2 2026 EPS guidance of $0.960–1.000, below the street ~$1.02 estimate, which could temper near‑term expectations despite the strong full‑year raise. Press release / slide deck with guidance
• Negative Sentiment: Insider and institutional flows note — recent insider sales have been reported and some large institutional rebalances were highlighted, which investors may watch as a potential headwind for sentiment. QuiverQuant: insider & institutional activity

Veralto Trading Up 4.7%

Shares of Veralto stock opened at $89.59 on Thursday. Veralto Corporation has a 1 year low of $84.99 and a 1 year high of $110.11. The company’s fifty day simple moving average is $90.67 and its 200-day simple moving average is $96.55. The company has a market cap of $22.00 billion, a price-to-earnings ratio of 23.89, a PEG ratio of 2.47 and a beta of 0.98. The company has a current ratio of 1.67, a quick ratio of 1.52 and a debt-to-equity ratio of 0.64.

Veralto (NYSE:VLTO) last released its earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.02 by $0.05. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the prior year, the company earned $0.95 EPS. The business’s quarterly revenue 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. As a group, sell-side analysts expect that Veralto Corporation will post 4.21 EPS for the current year.

Veralto Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, March 31st. Veralto’s dividend payout ratio (DPR) is presently 13.87%.

Analyst Upgrades and Downgrades

Several research firms recently issued reports on VLTO. BMO Capital Markets reaffirmed an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. UBS Group dropped their target price on shares of Veralto from $102.00 to $99.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Citigroup decreased their price target on shares of Veralto from $111.00 to $104.00 and set a “neutral” rating for the company in a report on Thursday, February 5th. Jefferies Financial Group started coverage on Veralto in a research report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price target on the stock. Finally, Weiss Ratings lowered Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st. Six equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. Based on data from MarketBeat, Veralto has an average rating of “Moderate Buy” and an average price target of $107.56.

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.