Veralto Corporation (NYSE:VLTO) Receives $112.50 Consensus Target Price from Analysts

Shares of Veralto Corporation (NYSE:VLTO) have earned an average rating of “Moderate Buy” from the ten research firms that are presently covering the firm, MarketBeat Ratings reports. Four equities research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is $112.50.

A number of equities analysts have recently issued reports on VLTO shares. Barclays upped their price target on Veralto from $113.00 to $117.00 and gave the stock an “overweight” rating in a research report on Thursday, July 30th. Stifel Nicolaus upped their price objective on shares of Veralto from $111.00 to $114.00 and gave the company a “buy” rating in a report on Thursday, July 30th. Citigroup lifted their target price on shares of Veralto from $102.00 to $107.00 and gave the stock a “neutral” rating in a research note on Thursday, July 30th. UBS Group boosted their target price on shares of Veralto from $98.00 to $104.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th.

Veralto Stock Performance

Shares of Veralto stock opened at $96.02 on Friday. The company has a market capitalization of $23.41 billion, a PE ratio of 24.25, a P/E/G ratio of 2.70 and a beta of 0.60. The company has a 50-day simple moving average of $96.09 and a two-hundred day simple moving average of $90.86. Veralto has a one year low of $80.03 and a one year high of $107.90. 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 (NYSE:VLTO) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 EPS for the quarter, topping the consensus estimate of $1.01 by $0.10. Veralto had a net margin of 17.35% and a return on equity of 34.76%. The firm had revenue of $1.47 billion during the quarter, compared to analyst estimates of $1.45 billion. During the same quarter in the previous year, the business posted $0.93 EPS. Veralto’s revenue was up 7.5% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. Research analysts expect that Veralto will post 4.41 EPS for the current fiscal year.

Insider Transactions at Veralto

In related news, CEO Jennifer Honeycutt sold 7,097 shares of the stock in a transaction that occurred on Wednesday, July 29th. The shares were sold at an average price of $101.52, for a total value of $720,487.44. Following the transaction, the chief executive officer owned 124,085 shares in the company, valued at approximately $12,597,109.20. This represents a 5.41% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed 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 company’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $97.05, for a total transaction of $95,691.30. Following the completion of the sale, the senior vice president directly owned 8,565 shares in the company, valued at $831,233.25. This trade represents a 10.32% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 15,180 shares of company stock worth $1,490,394 over the last three months. Corporate insiders own 0.43% of the company’s stock.

Institutional Investors Weigh In On Veralto

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Geode Capital Management LLC lifted its stake in shares of Veralto by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company’s stock worth $720,876,000 after buying an additional 126,814 shares in the last quarter. First Trust Advisors LP grew its holdings in shares of Veralto by 31.5% in the first quarter. First Trust Advisors LP now owns 6,150,388 shares of the company’s stock valued at $543,817,000 after purchasing an additional 1,472,304 shares in the last quarter. Bank of New York Mellon Corp increased its holdings in Veralto by 2.2% during the 4th quarter. Bank of New York Mellon Corp now owns 3,453,007 shares of the company’s stock worth $344,541,000 after purchasing an additional 75,253 shares during the period. Amundi raised its holdings in shares of Veralto by 16.3% in the 1st quarter. Amundi now owns 3,797,526 shares of the company’s stock valued at $335,785,000 after purchasing an additional 531,478 shares in the last quarter. Finally, Goldman Sachs Group Inc. lifted its stake in Veralto by 0.6% during the fourth quarter. Goldman Sachs Group Inc. now owns 2,888,690 shares of the company’s stock worth $288,233,000 after purchasing an additional 16,279 shares during the last quarter. Institutional investors and hedge funds own 91.28% of the company’s stock.

About Veralto

Veralto Corporation (NYSE: VLTO) is a global provider of technology, equipment, software and services focused on water quality and product quality. The company serves municipal, industrial, commercial and consumer markets, helping customers monitor and manage water systems while improving the production, packaging and identification of products.

Veralto operates through two primary segments. Its Water Quality businesses provide water analytics, testing and monitoring systems, treatment technologies, flow measurement equipment and related software and services.