Jefferies Financial Group Inc. Acquires Shares of 102,011 Veralto Corporation $VLTO

Jefferies Financial Group Inc. acquired a new stake in Veralto Corporation (NYSE:VLTO) in the 4th quarter, HoldingsChannel.com reports. The institutional investor acquired 102,011 shares of the company’s stock, valued at approximately $10,179,000.

Several other large investors also recently added to or reduced their stakes in the stock. Vanguard Group Inc. boosted its position in Veralto by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock valued at $3,311,135,000 after buying an additional 852,276 shares during the period. State Street Corp boosted its position in Veralto by 1.9% in the 3rd quarter. State Street Corp now owns 10,449,828 shares of the company’s stock valued at $1,115,182,000 after buying an additional 191,872 shares during the period. Impax Asset Management Group plc boosted its position in Veralto by 3.9% in the 3rd quarter. Impax Asset Management Group plc now owns 3,839,722 shares of the company’s stock valued at $408,503,000 after buying an additional 144,044 shares during the period. First Trust Advisors LP boosted its position in Veralto by 24.3% in the 3rd quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock valued at $374,042,000 after buying an additional 685,614 shares during the period. Finally, Victory Capital Management Inc. boosted its position in Veralto by 12.8% in the 3rd quarter. Victory Capital Management Inc. now owns 2,194,081 shares of the company’s stock valued at $237,738,000 after buying an additional 248,718 shares during the period. 91.28% of the stock is owned by hedge funds and other institutional investors.

Veralto Trading Up 0.2%

Shares of Veralto stock opened at $86.98 on Monday. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65. Veralto Corporation has a 12-month low of $84.45 and a 12-month high of $110.11. The firm has a market capitalization of $21.36 billion, a price-to-earnings ratio of 22.47, a PEG ratio of 2.45 and a beta of 0.77. The firm’s 50 day simple moving average is $88.33 and its two-hundred day simple moving average is $94.88.

Veralto (NYSE:VLTO) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the prior year, the business posted $0.95 EPS. Veralto’s revenue for the quarter was up 6.8% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. Analysts predict that Veralto Corporation will post 4.23 EPS for the current year.

Veralto Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Tuesday, June 30th will be paid a dividend of $0.13 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. Veralto’s dividend payout ratio is presently 13.44%.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on the stock. UBS Group boosted their price objective on shares of Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Jefferies Financial Group assumed coverage on shares of Veralto in a report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price target for the company. BMO Capital Markets restated an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Stifel Nicolaus reduced their price target on shares of Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a report on Tuesday, April 14th. Finally, Barclays reduced their price target on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $105.88.

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.