Veralto Corporation $VLTO Stake Boosted by KBC Group NV

KBC Group NV boosted its stake in shares of Veralto Corporation (NYSE:VLTO) by 2.0% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 831,035 shares of the company’s stock after purchasing an additional 16,447 shares during the quarter. KBC Group NV’s holdings in Veralto were worth $73,480,000 at the end of the most recent quarter.

Other hedge funds also recently bought and sold shares of the company. Laurel Wealth Advisors LLC acquired a new position in shares of Veralto in the fourth quarter worth about $25,000. Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Veralto by 82.2% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after acquiring an additional 129 shares during the period. Creative Capital Management Investments LLC raised its holdings in shares of Veralto by 45.9% during the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock valued at $34,000 after acquiring an additional 107 shares during the period. DV Equities LLC purchased a new stake in shares of Veralto in the 4th quarter valued at approximately $35,000. Finally, Elyxium Wealth LLC purchased a new stake in shares of Veralto in the 4th quarter valued at approximately $37,000. 91.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

VLTO has been the subject of a number of recent analyst reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th. Barclays reduced their target price on 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 Veralto in a research report on Thursday, April 30th. UBS Group lifted their price target on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Finally, Wolfe Research reissued an “outperform” rating and set a $109.00 price target on shares of Veralto in a research report on Thursday, July 9th. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, Veralto currently has an average rating of “Hold” and an average target price of $106.33.

Veralto Stock Performance

Shares of VLTO opened at $93.21 on Tuesday. The company’s 50 day moving average price is $87.21 and its 200 day moving average price is $91.24. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $110.11. The company has a market capitalization of $22.89 billion, a PE ratio of 24.08, a PEG ratio of 2.64 and a beta of 0.63. 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 (NYSE:VLTO) last released its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The company’s revenue was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the firm 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. Research analysts expect that Veralto Corporation will post 4.24 EPS for the current fiscal year.

Veralto Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be issued a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, June 30th. Veralto’s dividend payout ratio (DPR) is currently 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.