Fideuram Intesa Sanpaolo Private Banking S.P.A. Acquires Shares of 37,867 Veralto Corporation $VLTO

Fideuram Intesa Sanpaolo Private Banking S.P.A. bought a new position in shares of Veralto Corporation (NYSE:VLTO) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 37,867 shares of the company’s stock, valued at approximately $3,778,000.

Other large investors have also recently modified their holdings of the company. Laurel Wealth Advisors LLC bought a new stake in shares of Veralto during the 4th quarter worth $25,000. Root Financial Partners LLC bought a new position in Veralto in the third quarter valued at about $27,000. Goodman Advisory Group LLC bought a new position in Veralto in the third quarter valued at about $29,000. Board of the Pension Protection Fund acquired a new position in Veralto during the fourth quarter worth about $30,000. Finally, Creative Capital Management Investments LLC lifted its holdings in shares of Veralto by 45.9% in the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after acquiring an additional 107 shares during the last quarter. Institutional investors and hedge funds own 91.28% of the company’s stock.

Veralto Trading Down 0.5%

Shares of NYSE VLTO opened at $86.07 on Thursday. The firm has a 50 day moving average price of $88.53 and a two-hundred day moving average price of $95.05. The stock has a market cap of $21.14 billion, a P/E ratio of 22.24, a price-to-earnings-growth ratio of 2.44 and a beta of 0.77. Veralto Corporation has a 52-week low of $84.45 and a 52-week high of $110.11. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48.

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

Veralto Announces Dividend

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 issued 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 payout ratio is presently 13.44%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on the stock. Robert W. Baird set a $103.00 price target on shares of Veralto in a research note on Thursday, April 30th. Jefferies Financial Group assumed coverage on shares of Veralto in a research report on Tuesday, March 31st. They set a “buy” rating and a $110.00 price objective for the company. Citigroup cut their target price on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Barclays decreased their target price on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Finally, UBS Group upped their price target on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $105.88.

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.