Citigroup Lowers Veralto (NYSE:VLTO) Price Target to $104.00

Veralto (NYSE:VLTO) had its price target decreased by equities research analysts at Citigroup from $111.00 to $104.00 in a research note issued to investors on Thursday,Benzinga reports. The firm presently has a “neutral” rating on the stock. Citigroup’s target price would indicate a potential upside of 14.78% from the company’s current price.

VLTO has been the topic of a number of other reports. Jefferies Financial Group reaffirmed a “hold” rating on shares of Veralto in a research note on Wednesday. Stifel Nicolaus set a $118.00 price target on Veralto in a research note on Thursday. Barclays reiterated an “overweight” rating and issued a $117.00 price objective on shares of Veralto in a research report on Thursday. Robert W. Baird set a $108.00 target price on shares of Veralto in a report on Thursday. Finally, Weiss Ratings downgraded shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st. Five research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the company. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $110.00.

Veralto Price Performance

NYSE VLTO traded down $0.80 on Thursday, reaching $90.61. 3,690,458 shares of the company’s stock traded hands, compared to its average volume of 1,662,464. The stock has a market cap of $22.50 billion, a PE ratio of 24.16, a P/E/G ratio of 2.77 and a beta of 0.89. Veralto has a 12 month low of $83.86 and a 12 month high of $110.11. The stock has a 50-day simple moving average of $100.62 and a 200 day simple moving average of $102.89. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.57 and a quick ratio of 1.40.

Veralto (NYSE:VLTO) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.06. The company had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Veralto had a net margin of 17.08% and a return on equity of 37.49%. The firm’s revenue was up 3.8% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.95 EPS. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. As a group, research analysts predict that Veralto will post 3.66 earnings per share for the current year.

Insider Buying and Selling at Veralto

In other news, SVP Mattias Bystrom sold 1,000 shares of the firm’s stock in a transaction on Monday, December 1st. The stock was sold at an average price of $101.73, for a total transaction of $101,730.00. Following the completion of the transaction, the senior vice president directly owned 31,430 shares in the company, valued at $3,197,373.90. This trade represents a 3.08% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.36% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in VLTO. Laurel Wealth Advisors LLC purchased a new position in shares of Veralto in the 4th quarter worth $25,000. Root Financial Partners LLC purchased a new stake in Veralto during the third quarter valued at $27,000. Harbor Asset Planning Inc. bought a new position in Veralto in the second quarter valued at about $26,000. Loomis Sayles & Co. L P purchased a new position in Veralto in the second quarter worth about $28,000. Finally, Goodman Advisory Group LLC bought a new stake in shares of Veralto during the 3rd quarter valued at about $29,000. Institutional investors own 91.28% of the company’s stock.

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.