Loring Wolcott & Coolidge Fiduciary Advisors LLP MA Decreases Stake in Veralto Corporation $VLTO

Loring Wolcott & Coolidge Fiduciary Advisors LLP MA decreased its position in Veralto Corporation (NYSE:VLTO) by 1.5% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 441,718 shares of the company’s stock after selling 6,668 shares during the quarter. Loring Wolcott & Coolidge Fiduciary Advisors LLP MA’s holdings in Veralto were worth $44,419,000 at the end of the most recent quarter.

Other large investors also recently modified their holdings of the company. Root Financial Partners LLC purchased a new stake in Veralto in the third quarter valued at approximately $27,000. Goodman Advisory Group LLC acquired a new position in shares of Veralto in the 3rd quarter valued at $29,000. Board of the Pension Protection Fund acquired a new position in shares of Veralto in the 4th quarter valued at $30,000. Creative Capital Management Investments LLC raised its position in Veralto by 45.9% in the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock valued at $34,000 after purchasing an additional 107 shares during the last quarter. Finally, True Wealth Design LLC raised its position in Veralto by 852.9% in the 3rd quarter. True Wealth Design LLC now owns 324 shares of the company’s stock valued at $35,000 after purchasing an additional 290 shares during the last quarter. 91.28% of the stock is owned by hedge funds and other institutional investors.

Veralto Price Performance

Veralto stock opened at $89.12 on Thursday. The company has a market cap of $21.89 billion, a P/E ratio of 23.77, a price-to-earnings-growth ratio of 2.55 and a beta of 0.98. Veralto Corporation has a one year low of $84.99 and a one year high of $110.11. The business has a fifty day moving average of $91.14 and a two-hundred day moving average of $97.11. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.52 and a current ratio of 1.67.

Veralto (NYSE:VLTO) last posted its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.06. The business had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The business’s revenue for the quarter was up 3.8% on a year-over-year basis. During the same period in the prior year, the company posted $0.95 EPS. 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 Corporation will post 4.21 earnings per share for the current fiscal year.

Veralto Announces Dividend

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

Analyst Upgrades and Downgrades

VLTO has been the topic of several research reports. Robert W. Baird set a $108.00 price objective on shares of Veralto in a research report on Thursday, February 5th. Weiss Ratings downgraded shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st. Citigroup dropped their price target on Veralto from $111.00 to $104.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. Royal Bank Of Canada decreased their price objective on Veralto from $111.00 to $102.00 and set a “sector perform” rating for the company in a research report on Thursday, February 5th. Finally, UBS Group dropped their target price on Veralto from $102.00 to $99.00 and set a “neutral” rating on the stock in a report on Thursday, April 9th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Veralto presently has an average rating of “Moderate Buy” and a consensus price target of $107.56.

Veralto 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.