Isthmus Partners LLC Buys Shares of 130,583 Veralto Corporation $VLTO

Isthmus Partners LLC bought a new position in Veralto Corporation (NYSE:VLTO) in the first quarter, according to its most recent disclosure with the SEC. The firm bought 130,583 shares of the company’s stock, valued at approximately $11,546,000.

Other institutional investors have also modified their holdings of the company. Laurel Wealth Advisors LLC purchased a new stake in shares of Veralto in the fourth quarter valued at about $25,000. Annis Gardner Whiting Capital Advisors LLC raised its stake in Veralto by 82.2% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock worth $29,000 after purchasing an additional 129 shares during the period. Board of the Pension Protection Fund acquired a new position in Veralto in the 4th quarter valued at about $30,000. Creative Capital Management Investments LLC boosted 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 valued at $34,000 after purchasing an additional 107 shares during the last quarter. Finally, DV Equities LLC purchased a new stake in shares of Veralto in the 4th quarter valued at approximately $35,000. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Price Performance

Veralto stock opened at $91.77 on Thursday. The company’s 50 day simple moving average is $86.40 and its 200-day simple moving average is $91.75. 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 1 year low of $80.03 and a 1 year high of $110.11. The company has a market capitalization of $22.54 billion, a price-to-earnings ratio of 23.71, a price-to-earnings-growth ratio of 2.62 and a beta of 0.63.

Veralto (NYSE:VLTO) last posted its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same quarter last year, the company posted $0.95 EPS. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. 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 research analysts expect that Veralto Corporation will post 4.24 earnings per share for the current year.

Veralto Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders 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 yield of 0.6%. The ex-dividend date is Tuesday, June 30th. Veralto’s dividend payout ratio is 13.44%.

Analysts Set New Price Targets

VLTO has been the subject of a number of recent analyst reports. Robert W. Baird set a $103.00 price target on shares of Veralto in a report on Thursday, April 30th. Weiss Ratings reiterated a “hold (c)” rating on shares of Veralto in a research report on Wednesday, June 24th. UBS Group increased their price objective on Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Citigroup cut their target price on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Finally, Barclays decreased their price target on Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat, Veralto currently has a consensus rating of “Hold” and an average target price of $105.88.

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.