Veralto (VLTO) Projected to Post Earnings on Tuesday

Veralto (NYSE:VLTO) is projected to release its Q1 2025 earnings data after the market closes on Tuesday, April 29th. Analysts expect the company to announce earnings of $0.87 per share and revenue of $1.28 billion for the quarter. Veralto has set its FY 2025 guidance at 3.600-3.700 EPS and its Q1 2025 guidance at 0.840-0.880 EPS.

Veralto (NYSE:VLTO) last issued its quarterly earnings data on Tuesday, February 4th. The company reported $0.95 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.90 by $0.05. Veralto had a net margin of 16.04% and a return on equity of 49.29%. On average, analysts expect Veralto to post $4 EPS for the current fiscal year and $4 EPS for the next fiscal year.

Veralto Price Performance

VLTO opened at $92.40 on Monday. The stock has a market cap of $22.92 billion, a P/E ratio of 27.66, a P/E/G ratio of 4.24 and a beta of 0.97. Veralto has a 12 month low of $83.87 and a 12 month high of $115.00. The company has a quick ratio of 1.69, a current ratio of 1.92 and a debt-to-equity ratio of 1.27. The company has a fifty day simple moving average of $95.01 and a 200 day simple moving average of $100.91.

Veralto Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Monday, March 31st will be given a dividend of $0.11 per share. This represents a $0.44 dividend on an annualized basis and a dividend yield of 0.48%. The ex-dividend date is Monday, March 31st. Veralto’s dividend payout ratio is currently 13.17%.

Analyst Upgrades and Downgrades

VLTO has been the subject of a number of research reports. Stifel Nicolaus lowered their target price on Veralto from $110.00 to $102.00 and set a “buy” rating for the company in a research note on Wednesday, April 16th. Royal Bank of Canada reduced their price target on shares of Veralto from $111.00 to $110.00 and set a “sector perform” rating for the company in a report on Thursday, February 6th. Finally, Citigroup dropped their price objective on shares of Veralto from $116.00 to $100.00 and set a “neutral” rating on the stock in a report on Monday, April 14th. Six research analysts have rated the stock with a hold rating and four have given a buy rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $111.10.

Insider Buying and Selling at Veralto

In other Veralto news, SVP Melissa Aquino sold 463 shares of the company’s stock in a transaction that occurred on Tuesday, February 11th. The stock was sold at an average price of $99.60, for a total value of $46,114.80. Following the sale, the senior vice president now owns 20,761 shares in the company, valued at $2,067,795.60. This represents a 2.18 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Jennifer Honeycutt sold 10,414 shares of Veralto stock in a transaction that occurred on Tuesday, February 25th. The stock was sold at an average price of $100.35, for a total value of $1,045,044.90. Following the transaction, the chief executive officer now owns 104,496 shares of the company’s stock, valued at $10,486,173.60. This represents a 9.06 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 22,471 shares of company stock worth $2,234,030. Insiders own 0.36% of the company’s stock.

Hedge Funds Weigh In On Veralto

A hedge fund recently raised its stake in Veralto stock. Brighton Jones LLC grew its stake in shares of Veralto Co. (NYSE:VLTO) by 16.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The firm owned 3,459 shares of the company’s stock after acquiring an additional 479 shares during the quarter. Brighton Jones LLC’s holdings in Veralto were worth $352,000 as of its most recent SEC filing. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Company 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.