Bridgefront Capital LLC Invests $1.01 Million in Veralto Corporation $VLTO

Bridgefront Capital LLC purchased a new stake in shares of Veralto Corporation (NYSE:VLTOFree Report) during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 9,505 shares of the company’s stock, valued at approximately $1,013,000.

Other large investors also recently bought and sold shares of the company. Root Financial Partners LLC bought a new position in Veralto during the 3rd quarter valued at about $27,000. Loomis Sayles & Co. L P purchased a new stake in shares of Veralto during the 2nd quarter valued at about $28,000. Goodman Advisory Group LLC bought a new stake in shares of Veralto in the third quarter worth approximately $29,000. True Wealth Design LLC grew its stake in shares of Veralto by 852.9% in the third quarter. True Wealth Design LLC now owns 324 shares of the company’s stock worth $35,000 after acquiring an additional 290 shares during the period. Finally, Headlands Technologies LLC purchased a new position in shares of Veralto during the second quarter valued at approximately $44,000. 91.28% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the stock. UBS Group set a $102.00 price objective on shares of Veralto and gave the company a “neutral” rating in a research report on Friday, February 6th. Stifel Nicolaus set a $118.00 target price on shares of Veralto in a research note on Thursday, February 5th. Citigroup lowered their price target on Veralto from $111.00 to $104.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Robert W. Baird set a $108.00 price target on Veralto in a research note on Thursday, February 5th. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Five equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, Veralto presently has a consensus rating of “Hold” and a consensus price target of $108.22.

Read Our Latest Research Report on Veralto

Veralto Stock Performance

Shares of VLTO opened at $90.21 on Friday. The business has a 50-day simple moving average of $96.71 and a two-hundred day simple moving average of $100.48. The company has a quick ratio of 1.52, a current ratio of 1.67 and a debt-to-equity ratio of 0.64. Veralto Corporation has a 52 week low of $83.86 and a 52 week high of $110.11. The stock has a market cap of $22.36 billion, a price-to-earnings ratio of 24.05, a PEG ratio of 2.56 and a beta of 0.89.

Veralto (NYSE:VLTOGet Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $1.04 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.06. The firm had revenue of $1.40 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The business’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the firm 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. On average, analysts expect that Veralto Corporation will post 3.66 EPS for the current year.

Veralto Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. The ex-dividend date is Tuesday, March 31st. Veralto’s dividend payout ratio is presently 13.87%.

About Veralto

(Free Report)

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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Institutional Ownership by Quarter for Veralto (NYSE:VLTO)

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