Hsbc Holdings PLC Purchases 89,015 Shares of Veralto Corporation $VLTO

Hsbc Holdings PLC lifted its position in shares of Veralto Corporation (NYSE:VLTO) by 10.5% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 934,096 shares of the company’s stock after purchasing an additional 89,015 shares during the period. Hsbc Holdings PLC’s holdings in Veralto were worth $93,441,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of VLTO. Storen Legacy Partners LLC acquired a new position in Veralto during the fourth quarter worth approximately $435,000. Reflection Asset Management acquired a new stake in shares of Veralto in the fourth quarter valued at approximately $674,000. Pacer Advisors Inc. lifted its position in shares of Veralto by 53.2% in the fourth quarter. Pacer Advisors Inc. now owns 30,806 shares of the company’s stock valued at $3,074,000 after buying an additional 10,704 shares during the last quarter. Nolet Wealth Management LLC bought a new position in shares of Veralto during the 4th quarter worth approximately $1,503,000. Finally, Cambient Family Office LLC bought a new position in shares of Veralto during the 4th quarter worth approximately $260,000. 91.28% of the stock is owned by institutional investors.

Veralto Stock Down 0.2%

VLTO stock opened at $83.88 on Monday. 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 stock has a market capitalization of $20.60 billion, a price-to-earnings ratio of 21.67, a PEG ratio of 2.37 and a beta of 0.70. The business’s fifty day moving average price is $86.56 and its two-hundred day moving average price is $92.74. Veralto Corporation has a fifty-two week low of $80.03 and a fifty-two week high of $110.11.

Veralto (NYSE:VLTO) last released its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 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 business had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the prior year, the company posted $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. On average, equities analysts anticipate that Veralto Corporation will post 4.23 earnings per share for the current year.

Veralto Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders 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 dividend yield of 0.6%. Veralto’s dividend payout ratio (DPR) is currently 13.44%.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on VLTO. 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 note on Thursday, April 30th. Barclays decreased their price objective on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. UBS Group lifted their target price on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Jefferies Financial Group initiated coverage on shares of Veralto in a research note on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price target on the stock. Finally, Stifel Nicolaus lowered their price target 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 equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and a consensus price target 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.