Veralto (NYSE:VLTO) Announces Quarterly Earnings Results, Beats Estimates By $0.05 EPS

Veralto (NYSE:VLTO) released its quarterly earnings results on Tuesday. The company reported $1.07 earnings per share for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05, FiscalAI reports. Veralto had a net margin of 17.08% and a return on equity of 35.77%. The business had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same period last year, the business earned $0.95 EPS. The business’s revenue was up 6.8% on a year-over-year basis. Veralto updated its FY 2026 guidance to 4.200-4.280 EPS and its Q2 2026 guidance to 0.960-1.000 EPS.

Veralto Stock Performance

Shares of NYSE:VLTO traded down $0.41 during trading on Thursday, reaching $89.06. The stock had a trading volume of 527,360 shares, compared to its average volume of 1,948,612. Veralto has a 52 week low of $84.99 and a 52 week high of $110.11. The firm has a market capitalization of $21.87 billion, a price-to-earnings ratio of 23.79, a P/E/G ratio of 2.47 and a beta of 0.98. The company has a quick ratio of 1.52, a current ratio of 1.67 and a debt-to-equity ratio of 0.64. The stock has a fifty day simple moving average of $90.67 and a two-hundred day simple moving average of $96.55.

Veralto Dividend Announcement

The company 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 of this dividend 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 (DPR) is currently 13.87%.

Hedge Funds Weigh In On Veralto

A number of institutional investors and hedge funds have recently bought and sold shares of VLTO. Brighton Jones LLC increased its position in Veralto by 16.1% during the fourth quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock worth $352,000 after acquiring an additional 479 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in Veralto by 5.3% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company’s stock valued at $2,529,000 after buying an additional 1,306 shares during the period. Empowered Funds LLC raised its stake in shares of Veralto by 20.4% in the 1st quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock valued at $443,000 after buying an additional 770 shares in the last quarter. Geneos Wealth Management Inc. lifted its holdings in shares of Veralto by 102.4% during the 1st quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock worth $81,000 after acquiring an additional 421 shares during the period. Finally, Sivia Capital Partners LLC acquired a new stake in shares of Veralto during the 2nd quarter valued at about $201,000. Institutional investors own 91.28% of the company’s stock.

Wall Street Analyst Weigh In

VLTO has been the topic of a number of research analyst reports. Weiss Ratings downgraded shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st. Barclays set a $113.00 price objective on shares of Veralto in a research report on Thursday. Jefferies Financial Group initiated coverage on shares of Veralto in a report on Tuesday, March 31st. They set a “buy” rating and a $110.00 price target for the company. Royal Bank Of Canada decreased their price target on shares of Veralto from $111.00 to $102.00 and set a “sector perform” rating for the company in a report on Thursday, February 5th. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Veralto in a research note on Wednesday, February 11th. Six investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat.com, Veralto has a consensus rating of “Moderate Buy” and an average target price of $106.56.

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.