Pacer Advisors Inc. Grows Stock Position in Veralto Corporation $VLTO

Pacer Advisors Inc. grew its holdings in shares of Veralto Corporation (NYSE:VLTO) by 53.2% in the 4th quarter, Holdings Channel.com reports. The firm owned 30,806 shares of the company’s stock after purchasing an additional 10,704 shares during the quarter. Pacer Advisors Inc.’s holdings in Veralto were worth $3,074,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently made changes to their positions in the business. Laurel Wealth Advisors LLC purchased a new stake in Veralto in the 4th quarter worth approximately $25,000. Root Financial Partners LLC purchased a new stake in Veralto in the 3rd quarter worth approximately $27,000. Goodman Advisory Group LLC purchased a new stake in Veralto in the 3rd quarter worth approximately $29,000. Board of the Pension Protection Fund purchased a new stake in Veralto in the 4th quarter worth approximately $30,000. Finally, Creative Capital Management Investments LLC increased its holdings in Veralto by 45.9% in the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after acquiring an additional 107 shares in the last quarter. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Stock Down 1.0%

NYSE VLTO opened at $85.88 on Thursday. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48. The company has a market capitalization of $21.09 billion, a P/E ratio of 22.19, a P/E/G ratio of 2.45 and a beta of 0.77. Veralto Corporation has a one year low of $84.99 and a one year high of $110.11. The stock has a 50 day moving average price of $89.43 and a 200-day moving average price of $95.63.

Veralto (NYSE:VLTO) last posted its earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05. The firm had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The company’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company earned $0.95 EPS. 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, equities analysts predict that Veralto Corporation will post 4.23 EPS for the current fiscal year.

Veralto Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date was Tuesday, March 31st. Veralto’s dividend payout ratio is currently 13.44%.

Wall Street Analysts Forecast Growth

Several equities research analysts recently issued reports on the stock. Barclays reduced their target price on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Robert W. Baird set a $103.00 target price on shares of Veralto in a report on Thursday, April 30th. Stifel Nicolaus dropped their price target on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. BMO Capital Markets restated an “outperform” rating on shares of Veralto in a research note on Wednesday, February 11th. Finally, Jefferies Financial Group began coverage on Veralto in a research note on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price target for the company. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $105.88.

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.