Veralto Corporation (NYSE:VLTO – Get Free Report) has earned an average recommendation of “Moderate Buy” from the twelve analysts that are covering the stock, Marketbeat reports. Six investment analysts have rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average 12 month target price among brokers that have issued a report on the stock in the last year is $108.7778.
Several analysts have recently commented on VLTO shares. Royal Bank Of Canada dropped their price objective on shares of Veralto from $111.00 to $102.00 and set a “sector perform” rating on the stock in a report on Thursday, February 5th. Robert W. Baird set a $108.00 target price on shares of Veralto in a report on Thursday, February 5th. BMO Capital Markets restated an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Citigroup lowered their price target on shares of Veralto from $111.00 to $104.00 and set a “neutral” rating on the stock in a report on Thursday, February 5th. Finally, Barclays reaffirmed an “overweight” rating and set a $117.00 price target on shares of Veralto in a research report on Thursday, February 5th.
Read Our Latest Research Report on Veralto
Veralto Stock Performance
Veralto (NYSE:VLTO – Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The company reported $1.04 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.06. The firm had revenue of $1.40 billion during 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 quarter last 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, equities analysts forecast that Veralto will post 3.66 EPS for the current fiscal year.
Veralto Announces Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be issued a $0.13 dividend. The ex-dividend date of this dividend is Tuesday, March 31st. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. Veralto’s payout ratio is presently 13.87%.
Institutional Trading of Veralto
A number of institutional investors and hedge funds have recently made changes to their positions in VLTO. Laurel Wealth Advisors LLC acquired a new position in shares of Veralto during the 4th quarter worth about $25,000. Root Financial Partners LLC acquired a new stake in Veralto in the 3rd quarter worth about $27,000. Loomis Sayles & Co. L P purchased a new stake in Veralto during the 2nd quarter worth approximately $28,000. Goodman Advisory Group LLC purchased a new stake in Veralto during the 3rd quarter worth approximately $29,000. Finally, Annis Gardner Whiting Capital Advisors LLC raised its holdings in shares of Veralto by 82.2% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after acquiring an additional 129 shares during the last quarter. 91.28% of the stock is currently owned by hedge funds and other institutional investors.
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.
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