Brokerages Set Veralto Corporation (NYSE:VLTO) Target Price at $108.22

Veralto Corporation (NYSE:VLTO) has been assigned an average rating of “Moderate Buy” from the twelve analysts that are currently covering the stock, MarketBeat Ratings reports. Six research analysts have rated the stock with a hold recommendation and six have given a buy recommendation to the company. The average twelve-month target price among brokerages that have covered the stock in the last year is $108.7778.

VLTO has been the topic of several recent research reports. Barclays reaffirmed an “overweight” rating and set a $117.00 target price on shares of Veralto in a research note on Thursday, February 5th. Royal Bank Of Canada decreased their price target on shares of Veralto from $111.00 to $102.00 and set a “sector perform” rating on the stock in a research note on Thursday, February 5th. UBS Group set a $102.00 price target on shares of Veralto and gave the stock a “neutral” rating in a research report on Friday, February 6th. Jefferies Financial Group assumed coverage on shares of Veralto in a research note on Tuesday. They set a “buy” rating and a $110.00 price objective for the company. Finally, Citigroup cut their price objective on shares of Veralto from $111.00 to $104.00 and set a “neutral” rating for the company in a report on Thursday, February 5th.

Hedge Funds Weigh In On Veralto

A number of institutional investors have recently added to or reduced their stakes in VLTO. Laurel Wealth Advisors LLC purchased a new stake in Veralto in the 4th quarter valued at $25,000. Root Financial Partners LLC purchased a new position in shares of Veralto during the 3rd quarter worth $27,000. Loomis Sayles & Co. L P purchased a new position in shares of Veralto during the 2nd quarter worth $28,000. Goodman Advisory Group LLC acquired a new position in shares of Veralto during the 3rd quarter valued at about $29,000. Finally, Annis Gardner Whiting Capital Advisors LLC boosted its position in shares of Veralto by 82.2% during the 4th 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 last quarter. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Price Performance

Shares of Veralto stock opened at $88.28 on Friday. The stock has a market capitalization of $21.68 billion, a P/E ratio of 23.54, a PEG ratio of 2.44 and a beta of 0.89. The business has a 50 day simple moving average of $93.50 and a two-hundred day simple moving average of $98.89. Veralto has a 12 month low of $83.86 and a 12 month high of $110.11. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.67 and a quick ratio of 1.52.

Veralto (NYSE:VLTO) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.06. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The firm had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same period in the previous year, the company posted $0.95 earnings per share. The business’s revenue was up 3.8% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. As a group, analysts predict that Veralto will post 3.66 EPS for the current fiscal year.

Veralto Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st will be given a $0.13 dividend. The ex-dividend date is Tuesday, March 31st. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. Veralto’s dividend payout ratio is 13.87%.

About Veralto

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.