Brokerages Set Veralto Corporation (NYSE:VLTO) Target Price at $110.90

Veralto Corporation (NYSE:VLTO) has been given a consensus recommendation of “Moderate Buy” by the ten analysts that are presently covering the firm, Marketbeat reports. Four equities research analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price objective among brokerages that have issued ratings on the stock in the last year is $110.90.

Several equities research analysts have weighed in on VLTO shares. UBS Group upped their target price on Veralto from $98.00 to $104.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th. Royal Bank Of Canada raised their price target on Veralto from $100.00 to $109.00 and gave the company a “sector perform” rating in a research note on Thursday, July 30th. Stifel Nicolaus upped their price objective on shares of Veralto from $111.00 to $114.00 and gave the stock a “buy” rating in a research note on Thursday, July 30th. Wolfe Research reaffirmed an “outperform” rating and issued a $109.00 price objective on shares of Veralto in a research note on Thursday, July 9th. Finally, Citigroup increased their target price on shares of Veralto from $102.00 to $107.00 and gave the stock a “neutral” rating in a report on Thursday, July 30th.

Veralto Stock Performance

Shares of NYSE:VLTO opened at $98.45 on Wednesday. The firm’s 50 day simple moving average is $94.11 and its 200-day simple moving average is $90.66. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.61 and a current ratio of 1.78. Veralto has a one year low of $80.03 and a one year high of $109.86. The firm has a market cap of $24.00 billion, a PE ratio of 24.86 and a beta of 0.60.

Veralto (NYSE:VLTO) last announced its quarterly earnings results on Tuesday, July 28th. The company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.10. The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. Veralto had a return on equity of 34.76% and a net margin of 17.35%.Veralto’s quarterly revenue was up 7.5% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.93 earnings per share. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. As a group, equities analysts predict that Veralto will post 4.41 EPS for the current year.

Insider Activity at Veralto

In related news, CEO Jennifer Honeycutt sold 7,097 shares of Veralto stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $101.52, for a total transaction of $720,487.44. Following the transaction, the chief executive officer directly owned 124,085 shares of the company’s stock, valued at $12,597,109.20. This trade represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Surekha Trivedi sold 986 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $97.05, for a total transaction of $95,691.30. Following the completion of the transaction, the senior vice president directly owned 8,565 shares of the company’s stock, valued at $831,233.25. This trade represents a 10.32% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 15,180 shares of company stock valued at $1,490,394 in the last ninety days. Corporate insiders own 0.43% of the company’s stock.

Institutional Trading of Veralto

Several hedge funds and other institutional investors have recently bought and sold shares of VLTO. Laurel Wealth Advisors LLC purchased a new stake in shares of Veralto during the 4th quarter worth $25,000. Annis Gardner Whiting Capital Advisors LLC grew its stake in Veralto by 82.2% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after purchasing an additional 129 shares during the last quarter. Highland Investment Advisors LLC purchased a new position in Veralto in the second quarter valued at about $32,000. DV Equities LLC bought a new position in Veralto in the fourth quarter worth about $35,000. Finally, Elyxium Wealth LLC bought a new position in Veralto in the fourth quarter worth about $37,000. Institutional investors own 91.28% of the company’s stock.

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.