Natixis Advisors LLC trimmed its position in Veralto Corporation (NYSE:VLTO – Free Report) by 3.9% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 177,832 shares of the company’s stock after selling 7,252 shares during the period. Natixis Advisors LLC owned about 0.07% of Veralto worth $17,744,000 as of its most recent SEC filing.
A number of other institutional investors have also added to or reduced their stakes in the company. Azzad Asset Management Inc. ADV grew its position in Veralto by 0.7% in the 4th quarter. Azzad Asset Management Inc. ADV now owns 15,098 shares of the company’s stock worth $1,506,000 after purchasing an additional 99 shares in the last quarter. IFP Advisors Inc grew its position in Veralto by 14.0% in the 3rd quarter. IFP Advisors Inc now owns 855 shares of the company’s stock worth $91,000 after purchasing an additional 105 shares in the last quarter. Creative Capital Management Investments LLC grew its position 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 purchasing an additional 107 shares in the last quarter. Private Advisor Group LLC grew its position in Veralto by 0.7% in the 3rd quarter. Private Advisor Group LLC now owns 15,777 shares of the company’s stock worth $1,682,000 after purchasing an additional 109 shares in the last quarter. Finally, Larson Financial Group LLC grew its position in Veralto by 18.9% in the 3rd quarter. Larson Financial Group LLC now owns 735 shares of the company’s stock worth $78,000 after purchasing an additional 117 shares in the last quarter. 91.28% of the stock is owned by institutional investors.
Wall Street Analyst Weigh In
VLTO has been the topic of a number of research analyst reports. Barclays dropped their target price on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Citigroup dropped their target price on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Royal Bank Of Canada boosted their target price on shares of Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research note on Thursday, April 30th. Stifel Nicolaus dropped their target price on shares of Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a research note on Tuesday, April 14th. Finally, UBS Group boosted their target price on shares of Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Five research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $105.88.
Veralto Stock Up 1.7%
VLTO opened at $86.17 on Friday. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. The stock has a market cap of $21.16 billion, a price-to-earnings ratio of 22.27, a PEG ratio of 2.39 and a beta of 0.69. Veralto Corporation has a twelve month low of $80.03 and a twelve month high of $110.11. The company’s 50-day moving average price is $87.37 and its two-hundred day moving average price is $93.91.
Veralto (NYSE:VLTO – Get Free Report) last announced its quarterly 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 company had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. Veralto’s revenue was up 6.8% compared to the same quarter last year. During the same period in the prior year, the company posted $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 expect that Veralto Corporation will post 4.23 earnings per share for the current year.
Veralto Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be paid 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 is Tuesday, June 30th. Veralto’s dividend payout ratio is presently 13.44%.
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.
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