Pacer Advisors Inc. Buys 10,704 Shares of Veralto Corporation $VLTO

Pacer Advisors Inc. boosted its stake in shares of Veralto Corporation (NYSE:VLTO) by 53.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,806 shares of the company’s stock after buying an additional 10,704 shares during the period. Pacer Advisors Inc.’s holdings in Veralto were worth $3,074,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Laurel Wealth Advisors LLC purchased a new position in shares of Veralto in the 4th quarter worth about $25,000. Root Financial Partners LLC purchased a new position in shares of Veralto in the 3rd quarter worth about $27,000. Goodman Advisory Group LLC purchased a new position in shares of Veralto in the 3rd quarter worth about $29,000. Board of the Pension Protection Fund purchased a new position in shares of Veralto in the 4th quarter worth about $30,000. Finally, Creative Capital Management Investments LLC raised its position in shares of Veralto by 45.9% in the 4th quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after purchasing an additional 107 shares during the last quarter. Institutional investors own 91.28% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on VLTO. Stifel Nicolaus lowered their price target on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Barclays lowered their price target on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Royal Bank Of Canada lifted their price target 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 lifted their price target on Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Finally, Robert W. Baird set a $103.00 price target on Veralto in a research report on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $105.88.

Veralto Stock Down 1.0%

VLTO opened at $85.88 on Thursday. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. The firm has a 50 day moving average price of $89.43 and a 200-day moving average price of $95.63. Veralto Corporation has a twelve month low of $84.99 and a twelve month high of $110.11. The stock has a market capitalization of $21.09 billion, a price-to-earnings ratio of 22.19, a PEG ratio of 2.45 and a beta of 0.77.

Veralto (NYSE:VLTO) last released its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.05. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The firm had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the previous year, the company earned $0.95 earnings per share. The firm’s quarterly revenue was up 6.8% on a year-over-year basis. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Equities research analysts forecast that Veralto Corporation will post 4.23 earnings per share for the current year.

Veralto Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, April 30th. Stockholders of record on Tuesday, March 31st were given a dividend of $0.13 per share. The ex-dividend date of this dividend was Tuesday, March 31st. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. Veralto’s dividend 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.