Wilkerson Advisory Group LLC Reduces Position in Veralto Corporation $VLTO

Wilkerson Advisory Group LLC trimmed its holdings in Veralto Corporation (NYSE:VLTO) by 94.5% in the first quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 398 shares of the company’s stock after selling 6,825 shares during the period. Wilkerson Advisory Group LLC’s holdings in Veralto were worth $35,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the business. Norges Bank purchased a new stake in Veralto during the 4th quarter valued at about $261,340,000. FIL Ltd lifted its stake in Veralto by 263.8% in the 4th quarter. FIL Ltd now owns 1,798,310 shares of the company’s stock worth $179,435,000 after purchasing an additional 1,303,940 shares in the last quarter. First Trust Advisors LP lifted its stake in Veralto by 33.3% in the 4th quarter. First Trust Advisors LP now owns 4,678,084 shares of the company’s stock worth $466,779,000 after purchasing an additional 1,169,572 shares in the last quarter. AQR Capital Management LLC lifted its stake in Veralto by 86.1% in the 3rd quarter. AQR Capital Management LLC now owns 2,157,211 shares of the company’s stock worth $226,615,000 after purchasing an additional 997,778 shares in the last quarter. Finally, SG Americas Securities LLC boosted its holdings in shares of Veralto by 115.2% during the 1st quarter. SG Americas Securities LLC now owns 1,681,786 shares of the company’s stock worth $148,704,000 after purchasing an additional 900,135 shares during the last quarter. 91.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently issued reports on VLTO shares. Stifel Nicolaus upped their price target on Veralto from $110.00 to $111.00 and gave the company a “buy” rating in a research report on Monday. Barclays reduced their price objective on Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Robert W. Baird set a $103.00 price objective on Veralto in a research note on Thursday, April 30th. UBS Group upped their target price on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Finally, Royal Bank Of Canada raised their target price on Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research note 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. Based on data from MarketBeat.com, Veralto presently has an average rating of “Hold” and a consensus price target of $106.33.

Veralto Stock Performance

NYSE:VLTO opened at $90.06 on Wednesday. The company’s 50-day moving average is $87.28 and its two-hundred day moving average is $91.17. Veralto Corporation has a 1-year low of $80.03 and a 1-year high of $110.11. 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 firm has a market capitalization of $22.12 billion, a price-to-earnings ratio of 23.27, a PEG ratio of 2.62 and a beta of 0.63.

Veralto (NYSE:VLTO) last announced its quarterly 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. The business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The business’s revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.95 EPS. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Analysts forecast that Veralto Corporation will post 4.24 EPS for the current year.

Veralto Dividend Announcement

The firm 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. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.52 annualized dividend and a yield of 0.6%. Veralto’s dividend payout ratio (DPR) is 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.