Vontobel Holding Ltd. Buys 61,096 Shares of Veralto Corporation $VLTO

Vontobel Holding Ltd. grew its stake in shares of Veralto Corporation (NYSE:VLTO) by 10.3% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 655,473 shares of the company’s stock after buying an additional 61,096 shares during the quarter. Vontobel Holding Ltd. owned approximately 0.26% of Veralto worth $65,403,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of VLTO. Cullen Capital Management LLC lifted its holdings in shares of Veralto by 13.7% during the fourth quarter. Cullen Capital Management LLC now owns 7,736 shares of the company’s stock worth $772,000 after purchasing an additional 932 shares during the period. Wealthspire Advisors LLC raised its position in Veralto by 204.7% during the 4th quarter. Wealthspire Advisors LLC now owns 2,925 shares of the company’s stock worth $292,000 after purchasing an additional 1,965 shares during the last quarter. Quadrant Capital Group LLC raised its position in Veralto by 68.3% during the 4th quarter. Quadrant Capital Group LLC now owns 8,052 shares of the company’s stock worth $803,000 after purchasing an additional 3,269 shares during the last quarter. CI Investments Inc. raised its position in Veralto by 463.4% during the 4th quarter. CI Investments Inc. now owns 3,707 shares of the company’s stock worth $370,000 after purchasing an additional 3,049 shares during the last quarter. Finally, HRT Financial LP raised its position in Veralto by 2,010.5% during the 4th quarter. HRT Financial LP now owns 41,767 shares of the company’s stock worth $4,167,000 after purchasing an additional 39,788 shares during the last quarter. Institutional investors own 91.28% of the company’s stock.

Analysts Set New Price Targets

VLTO has been the subject of several analyst reports. Stifel Nicolaus lowered their target price on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Jefferies Financial Group initiated coverage on Veralto in a research report on Tuesday, March 31st. They set a “buy” rating and a $110.00 target price for the company. 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 report on Thursday, April 30th. UBS Group raised their target price on Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Finally, Citigroup lowered their target price on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $105.88.

Veralto Price Performance

VLTO stock opened at $83.40 on Friday. The firm has a market cap of $20.48 billion, a price-to-earnings ratio of 21.55, a PEG ratio of 2.33 and a beta of 0.69. 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 12-month low of $80.03 and a 12-month high of $110.11. The company’s fifty day simple moving average is $87.10 and its 200 day simple moving average is $93.42.

Veralto (NYSE:VLTO) last released its earnings results 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. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. Veralto’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.95 earnings per share. 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, analysts expect that Veralto Corporation will post 4.23 earnings per share for the current year.

Veralto Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be issued a $0.13 dividend. The ex-dividend date 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%.

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.