Veralto Corporation (NYSE:VLTO) Receives $110.90 Consensus PT from Brokerages

Veralto Corporation (NYSE:VLTO) has been given an average rating of “Moderate Buy” by the eleven brokerages that are currently covering the firm, MarketBeat Ratings reports. Five investment analysts have rated the stock with a hold rating and six have assigned a buy rating to the company. The average twelve-month price target among brokers that have issued a report on the stock in the last year is $110.90.

Several research firms have recently weighed in on VLTO. UBS Group lifted their price objective on Veralto from $98.00 to $104.00 and gave the stock a “neutral” rating in a research report on Thursday. Stifel Nicolaus raised their target price on Veralto from $111.00 to $114.00 and gave the stock a “buy” rating in a research note on Thursday. Weiss Ratings reiterated a “hold (c)” rating on shares of Veralto in a report on Wednesday, June 24th. Wolfe Research restated an “outperform” rating and set a $109.00 price target on shares of Veralto in a report on Thursday, July 9th. Finally, BNP Paribas Exane reaffirmed an “outperform” rating and set a $120.00 price objective (up from $115.00) on shares of Veralto in a research report on Thursday, July 30th.

Insider Buying and Selling

In other Veralto news, CEO Jennifer Honeycutt sold 7,097 shares of the firm’s stock in a transaction 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 completion of the sale, the chief executive officer directly owned 124,085 shares in the company, valued at approximately $12,597,109.20. This trade represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.43% of the company’s stock.

Hedge Funds Weigh In On Veralto

A number of institutional investors and hedge funds have recently made changes to their positions in VLTO. Azzad Asset Management Inc. ADV increased its position in shares of Veralto by 0.7% during the 4th quarter. Azzad Asset Management Inc. ADV now owns 15,098 shares of the company’s stock valued at $1,506,000 after purchasing an additional 99 shares during the last quarter. Creative Capital Management Investments LLC raised its holdings in shares of Veralto by 45.9% during the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock valued at $34,000 after buying an additional 107 shares in the last quarter. Private Advisor Group LLC lifted its position in Veralto by 0.7% in the 3rd quarter. Private Advisor Group LLC now owns 15,777 shares of the company’s stock worth $1,682,000 after buying an additional 109 shares during the last quarter. Larson Financial Group LLC lifted its position in Veralto by 18.9% in the 3rd quarter. Larson Financial Group LLC now owns 735 shares of the company’s stock worth $78,000 after buying an additional 117 shares during the last quarter. Finally, Annis Gardner Whiting Capital Advisors LLC boosted 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 worth $29,000 after buying an additional 129 shares in the last quarter. Institutional investors own 91.28% of the company’s stock.

Veralto Stock Up 0.7%

Shares of NYSE VLTO opened at $94.81 on Friday. The company’s 50 day moving average price is $88.78 and its 200-day moving average price is $90.78. 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 52-week low of $80.03 and a 52-week high of $110.11. The company has a market capitalization of $23.11 billion, a P/E ratio of 23.94, a price-to-earnings-growth ratio of 2.55 and a beta of 0.60.

Veralto (NYSE:VLTO) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.10. The company had revenue of $1.47 billion during the quarter, compared to analysts’ expectations of $1.45 billion. Veralto had a net margin of 17.35% and a return on equity of 34.76%. Veralto’s revenue for the quarter was up 7.5% compared to the same quarter last year. During the same period in the prior year, the company posted $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. Equities analysts forecast that Veralto will post 4.41 earnings per share for the current year.

Veralto Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were given a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, June 30th. Veralto’s payout ratio is presently 13.13%.

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.