Spire Wealth Management Trims Stake in Veralto Corporation $VLTO

Spire Wealth Management lowered its position in Veralto Corporation (NYSE:VLTO) by 80.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,426 shares of the company’s stock after selling 9,885 shares during the period. Spire Wealth Management’s holdings in Veralto were worth $242,000 as of its most recent SEC filing.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Root Financial Partners LLC purchased a new stake in Veralto in the third quarter worth $27,000. Loomis Sayles & Co. L P purchased a new position in Veralto during the second quarter valued at $28,000. Goodman Advisory Group LLC purchased a new position in Veralto during the third quarter valued at $29,000. Board of the Pension Protection Fund bought a new stake in shares of Veralto during the 4th quarter valued at $30,000. Finally, True Wealth Design LLC boosted its holdings in shares of Veralto by 852.9% during the 3rd quarter. True Wealth Design LLC now owns 324 shares of the company’s stock valued at $35,000 after buying an additional 290 shares in the last quarter. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Price Performance

Shares of VLTO opened at $88.10 on Friday. Veralto Corporation has a twelve month low of $83.86 and a twelve month high of $110.11. The company has a market capitalization of $21.63 billion, a P/E ratio of 23.49, a price-to-earnings-growth ratio of 2.49 and a beta of 0.98. The firm has a 50 day moving average of $92.96 and a 200 day moving average of $98.74. 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 (NYSE:VLTO) last released its quarterly earnings data on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.06. The business 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 firm’s quarterly revenue was up 3.8% on a year-over-year basis. During the same period in the prior year, the firm posted $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, equities research analysts anticipate that Veralto Corporation will post 3.66 earnings per share for the current fiscal year.

Veralto Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Tuesday, March 31st will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, March 31st. Veralto’s dividend payout ratio (DPR) is presently 13.87%.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on the stock. Barclays reiterated an “overweight” rating and issued a $117.00 price target on shares of Veralto in a research note on Thursday, February 5th. Stifel Nicolaus set a $118.00 price objective on shares of Veralto in a research note on Thursday, February 5th. Jefferies Financial Group initiated coverage on shares of Veralto in a research note on Tuesday. They set a “buy” rating and a $110.00 target price for the company. Weiss Ratings lowered shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a report on Wednesday, December 31st. Finally, Robert W. Baird set a $108.00 price target on Veralto in a research note on Thursday, February 5th. Six equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $108.78.

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. This segment provides water solutions, including chemical reagents, services, and digital solutions.