Veralto (NYSE:VLTO) Price Target Raised to $101.00 at UBS Group

Veralto (NYSE:VLTO) had its target price increased by equities research analysts at UBS Group from $99.00 to $101.00 in a research report issued on Friday,Benzinga reports. The firm currently has a “neutral” rating on the stock. UBS Group’s price target points to a potential upside of 15.23% from the stock’s previous close.

A number of other research analysts have also weighed in on VLTO. Robert W. Baird set a $103.00 target price on Veralto in a report on Thursday. Stifel Nicolaus reduced their target price on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Jefferies Financial Group initiated coverage on Veralto in a report on Tuesday, March 31st. They set a “buy” rating and a $110.00 target price for the company. BMO Capital Markets reaffirmed an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Finally, Citigroup decreased their target price on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a report on Thursday. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $106.33.

Veralto Stock Performance

Shares of Veralto stock traded down $0.55 during trading hours on Friday, reaching $87.65. The company had a trading volume of 1,587,116 shares, compared to its average volume of 1,974,866. Veralto has a one year low of $84.99 and a one year high of $110.11. The business has a fifty day simple moving average of $90.55 and a 200 day simple moving average of $96.50. The company has a debt-to-equity ratio of 0.64, a current ratio of 1.67 and a quick ratio of 1.52. The firm has a market cap of $21.52 billion, a PE ratio of 22.65, a price-to-earnings-growth ratio of 2.52 and a beta of 0.98.

Veralto (NYSE:VLTO) last posted its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. Veralto had a return on equity of 35.03% and a net margin of 17.33%.The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same period last year, the company earned $0.95 earnings per share. The business’s revenue for the quarter 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. On average, analysts anticipate that Veralto will post 4.23 earnings per share for the current fiscal year.

Hedge Funds Weigh In On Veralto

Hedge funds and other institutional investors have recently bought and sold shares of the stock. Azzad Asset Management Inc. ADV increased its holdings in Veralto by 0.7% during the fourth quarter. Azzad Asset Management Inc. ADV now owns 15,098 shares of the company’s stock valued at $1,506,000 after buying an additional 99 shares during the period. PFG Investments LLC increased its holdings in Veralto by 2.7% during the third quarter. PFG Investments LLC now owns 3,792 shares of the company’s stock valued at $404,000 after buying an additional 100 shares during the period. Strategic Blueprint LLC raised its position in shares of Veralto by 4.3% in the 3rd quarter. Strategic Blueprint LLC now owns 2,543 shares of the company’s stock worth $271,000 after acquiring an additional 105 shares in the last quarter. IFP Advisors Inc raised its position in shares of Veralto by 14.0% in the 3rd quarter. IFP Advisors Inc now owns 855 shares of the company’s stock worth $91,000 after acquiring an additional 105 shares in the last quarter. Finally, Creative Capital Management Investments LLC raised its position in shares of Veralto by 45.9% in the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after acquiring an additional 107 shares in the last quarter. Hedge funds and other 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.