26,069 Shares in Veralto Corporation $VLTO Acquired by OP Asset Management Ltd

OP Asset Management Ltd bought a new stake in Veralto Corporation (NYSE:VLTO) in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 26,069 shares of the company’s stock, valued at approximately $2,305,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Brighton Jones LLC grew its stake in Veralto by 16.1% in 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 period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of Veralto by 5.3% in 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 buying an additional 1,306 shares during the period. Empowered Funds LLC raised its holdings in shares of Veralto by 20.4% during the first quarter. Empowered Funds LLC now owns 4,551 shares of the company’s stock worth $443,000 after acquiring an additional 770 shares during the period. Geneos Wealth Management Inc. raised its holdings in shares of Veralto by 102.4% during the first 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 bought a new stake in Veralto in the 2nd quarter valued at $201,000. Institutional investors and hedge funds own 91.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. Barclays reduced their target price on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. UBS Group boosted their price target on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Veralto in a research report on Wednesday. Robert W. Baird set a $103.00 price objective on Veralto in a report on Thursday, April 30th. Finally, Stifel Nicolaus dropped their target price on Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $105.88.

Veralto Stock Performance

Shares of VLTO opened at $89.80 on Friday. Veralto Corporation has a 12 month low of $80.03 and a 12 month high of $110.11. The firm has a fifty day simple moving average of $86.11 and a 200 day simple moving average of $92.25. The stock has a market capitalization of $22.06 billion, a price-to-earnings ratio of 23.20, a PEG ratio of 2.53 and a beta of 0.69. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65.

Veralto (NYSE:VLTO) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) 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 for the quarter, compared to analyst estimates of $1.40 billion. During the same period in the previous year, the business earned $0.95 EPS. The company’s revenue was up 6.8% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Research analysts forecast that Veralto Corporation will post 4.23 EPS for the current fiscal year.

Veralto Announces Dividend

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

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.