WealthPlan Investment Management LLC Has $1.61 Million Position in Veralto Corporation $VLTO

WealthPlan Investment Management LLC reduced its stake in shares of Veralto Corporation (NYSE:VLTO) by 43.3% in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 16,089 shares of the company’s stock after selling 12,276 shares during the quarter. WealthPlan Investment Management LLC’s holdings in Veralto were worth $1,605,000 as of its most recent filing with the SEC.

Several other institutional investors have also made changes to their positions in VLTO. Compass Wealth Management LLC purchased a new position in shares of Veralto during the third quarter valued at approximately $6,708,000. Robeco Institutional Asset Management B.V. increased its holdings in Veralto by 3.4% during the fourth 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 last quarter. LGT Capital Partners LTD. purchased a new stake in Veralto during the third quarter valued at approximately $2,068,000. First Trust Advisors LP increased its holdings in Veralto by 24.3% during the third 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 last quarter. Finally, Mirae Asset Global Investments Co. Ltd. boosted its position in shares of Veralto by 30.0% in the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 61,602 shares of the company’s stock worth $6,147,000 after purchasing an additional 14,219 shares during the period. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on VLTO shares. Jefferies Financial Group assumed coverage on shares of Veralto in a research note on Tuesday, March 31st. They issued a “buy” rating and a $110.00 target price on the stock. Robert W. Baird set a $103.00 price target on shares of Veralto in a research note on Thursday, April 30th. Citigroup reduced their price target on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Royal Bank Of Canada raised their price target on shares of Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. Finally, Stifel Nicolaus dropped their target price on shares of Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Five research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $105.88.

Veralto Stock Performance

VLTO opened at $84.76 on Monday. Veralto Corporation has a 12-month low of $84.45 and a 12-month high of $110.11. 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 $20.82 billion, a PE ratio of 21.90, a P/E/G ratio of 2.39 and a beta of 0.77. The firm has a 50 day moving average of $89.03 and a two-hundred day moving average of $95.35.

Veralto (NYSE:VLTO) last posted its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.05. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The firm had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.40 billion. During the same period in the previous year, the firm earned $0.95 EPS. The business’s quarterly revenue 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 Corporation will post 4.23 EPS for the current year.

Veralto Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Veralto’s dividend payout ratio (DPR) is 13.44%.

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.