Fideuram Asset Management Ireland dac Purchases New Holdings in Veralto Corporation $VLTO

Fideuram Asset Management Ireland dac purchased a new stake in shares of Veralto Corporation (NYSE:VLTO) in the fourth quarter, Holdings Channel reports. The firm purchased 20,985 shares of the company’s stock, valued at approximately $2,096,000.

A number of other institutional investors and hedge funds also recently modified their holdings of VLTO. Brighton Jones LLC increased its position in shares of Veralto by 16.1% during the fourth quarter. Brighton Jones LLC now owns 3,459 shares of the company’s stock valued at $352,000 after acquiring an additional 479 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its position in shares of Veralto by 5.3% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 25,947 shares of the company’s stock valued at $2,529,000 after acquiring an additional 1,306 shares during the last quarter. Empowered Funds LLC increased its position in shares of Veralto by 20.4% during the first quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock valued at $443,000 after acquiring an additional 770 shares during the last quarter. Geneos Wealth Management Inc. increased its position in shares of Veralto by 102.4% during the first quarter. Geneos Wealth Management Inc. now owns 832 shares of the company’s stock valued at $81,000 after acquiring an additional 421 shares during the last quarter. Finally, Sivia Capital Partners LLC purchased a new stake in shares of Veralto during the second quarter valued at approximately $201,000. 91.28% of the stock is owned by hedge funds and other institutional investors.

Veralto Stock Performance

NYSE:VLTO opened at $82.29 on Friday. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32. The business has a fifty day simple moving average of $87.75 and a two-hundred day simple moving average of $94.40. Veralto Corporation has a 1 year low of $80.03 and a 1 year high of $110.11. The company has a market capitalization of $20.21 billion, a P/E ratio of 21.26, a P/E/G ratio of 2.36 and a beta of 0.77.

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

Veralto Announces Dividend

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

Analyst Ratings Changes

A number of analysts recently commented on VLTO shares. Barclays decreased 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. Royal Bank Of Canada increased their price target on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Robert W. Baird set a $103.00 price target on Veralto in a research report on Thursday, April 30th. Stifel Nicolaus decreased their target price on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Finally, Citigroup decreased their target price on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $105.88.

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.