Mar Vista Investment Partners LLC decreased its position in Veralto Corporation (NYSE:VLTO – Free Report) by 64.2% during the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 100,434 shares of the company’s stock after selling 180,143 shares during the period. Mar Vista Investment Partners LLC’s holdings in Veralto were worth $10,021,000 at the end of the most recent reporting period.
Several other large investors also recently bought and sold shares of VLTO. Laurel Wealth Advisors LLC acquired a new stake in Veralto in the fourth quarter valued at $25,000. Goodman Advisory Group LLC acquired a new stake in Veralto in the third quarter valued at $29,000. Annis Gardner Whiting Capital Advisors LLC grew its holdings in Veralto by 82.2% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after purchasing an additional 129 shares during the last quarter. Board of the Pension Protection Fund acquired a new stake in Veralto in the fourth quarter valued at $30,000. Finally, Creative Capital Management Investments LLC grew its holdings in Veralto by 45.9% in the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock valued at $34,000 after purchasing an additional 107 shares during the last quarter. Institutional investors and hedge funds own 91.28% of the company’s stock.
Analysts Set New Price Targets
Several research firms have weighed in on VLTO. 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. Barclays lowered their target price on Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Royal Bank Of Canada upped their target price on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Citigroup reduced their price objective on Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Finally, Stifel Nicolaus reduced their price objective 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 given a Hold rating to the company. According to data from MarketBeat, Veralto presently has a consensus rating of “Hold” and an average price target of $105.88.
Veralto Stock Up 1.7%
Shares of NYSE:VLTO opened at $84.11 on Wednesday. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. Veralto Corporation has a 52-week low of $80.03 and a 52-week high of $110.11. The stock’s fifty day simple moving average is $86.91 and its 200-day simple moving average is $93.11. The company has a market capitalization of $20.66 billion, a P/E ratio of 21.73, a P/E/G ratio of 2.33 and a beta of 0.70.
Veralto (NYSE:VLTO – Get Free Report) last issued its quarterly earnings data 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 return on equity of 34.63% and a net margin of 17.33%.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 business earned $0.95 earnings per share. The business’s revenue 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. As a group, equities research analysts forecast that Veralto Corporation will post 4.23 earnings per share for the current fiscal year.
Veralto Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be given a dividend of $0.13 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.52 annualized dividend and a yield of 0.6%. Veralto’s dividend payout ratio is 13.44%.
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.
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