Flputnam Investment Management Co. Cuts Stock Holdings in Veralto Corporation $VLTO

Flputnam Investment Management Co. trimmed its position in shares of Veralto Corporation (NYSE:VLTO) by 23.3% during the fourth quarter, Holdings Channel.com reports. The fund owned 119,336 shares of the company’s stock after selling 36,223 shares during the quarter. Flputnam Investment Management Co.’s holdings in Veralto were worth $11,907,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Laurel Wealth Advisors LLC purchased a new position in Veralto during the 4th quarter worth $25,000. Root Financial Partners LLC purchased a new position in Veralto during the 3rd quarter worth $27,000. Goodman Advisory Group LLC purchased a new position in Veralto during the 3rd quarter worth $29,000. Annis Gardner Whiting Capital Advisors LLC boosted its holdings in Veralto by 82.2% during the 4th quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock worth $29,000 after acquiring an additional 129 shares during the last quarter. Finally, Board of the Pension Protection Fund purchased a new position in Veralto during the 4th quarter worth $30,000. 91.28% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts have issued reports on VLTO shares. Citigroup cut their price objective on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a report on Thursday, April 30th. Jefferies Financial Group started coverage on shares of Veralto in a report on Tuesday, March 31st. They set a “buy” rating and a $110.00 price objective on the stock. Royal Bank Of Canada lifted their price objective on shares of Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a report on Thursday, April 30th. Barclays cut their price objective on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Finally, UBS Group lifted their price objective on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Five research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $105.88.

Veralto Trading Down 0.8%

NYSE VLTO opened at $86.07 on Wednesday. The stock has a market capitalization of $21.14 billion, a price-to-earnings ratio of 22.24, a PEG ratio of 2.45 and a beta of 0.77. Veralto Corporation has a one year low of $84.45 and a one year high of $110.11. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32. The business’s fifty day moving average is $88.19 and its 200-day moving average is $94.69.

Veralto (NYSE:VLTO) last released its earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. The company had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.40 billion. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the previous year, the business posted $0.95 EPS. 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 predict that Veralto Corporation will post 4.23 EPS for the current year.

Veralto Dividend Announcement

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

About Veralto

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.