Veralto Corporation (NYSE:VLTO) Given Consensus Recommendation of “Hold” by Analysts

Veralto Corporation (NYSE:VLTO) has been given an average recommendation of “Hold” by the eleven research firms that are presently covering the company, Marketbeat.com reports. Six research analysts have rated the stock with a hold rating and five have assigned a buy rating to the company. The average 1-year price objective among brokers that have covered the stock in the last year is $105.8750.

VLTO has been the subject of several recent research reports. Royal Bank Of Canada raised their price objective on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Citigroup lowered their price objective on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Robert W. Baird set a $103.00 price objective 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 stock a “neutral” rating in a research report on Friday, May 1st. Finally, Barclays lowered their price target on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th.

Hedge Funds Weigh In On Veralto

Large investors have recently modified their holdings of the stock. Compass Wealth Management LLC purchased a new stake in Veralto during the 3rd quarter valued at $6,708,000. Robeco Institutional Asset Management B.V. raised its holdings in Veralto by 3.4% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,199,220 shares of the company’s stock valued at $119,658,000 after buying an additional 39,803 shares during the period. LGT Capital Partners LTD. purchased a new stake in Veralto during the 3rd quarter valued at $2,068,000. First Trust Advisors LP raised its holdings in Veralto by 24.3% during the 3rd quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock valued at $374,042,000 after buying an additional 685,614 shares during the period. Finally, Mirae Asset Global Investments Co. Ltd. raised its holdings in Veralto by 30.0% during the 4th quarter. Mirae Asset Global Investments Co. Ltd. now owns 61,602 shares of the company’s stock valued at $6,147,000 after buying an additional 14,219 shares during the period. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Stock Performance

Shares of Veralto stock opened at $86.98 on Monday. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65. The firm has a market capitalization of $21.36 billion, a P/E ratio of 22.47, a P/E/G ratio of 2.45 and a beta of 0.77. The business has a fifty day simple moving average of $88.33 and a two-hundred day simple moving average of $94.88. Veralto has a 12 month low of $84.45 and a 12 month high of $110.11.

Veralto (NYSE:VLTO) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.02 by $0.05. The business had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.40 billion. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The company’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter last year, the firm posted $0.95 earnings per share. 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, equities analysts forecast that Veralto will post 4.23 earnings per share for the current fiscal year.

Veralto Announces Dividend

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