Prudential PLC Has $7.61 Million Stock Holdings in Veralto Corporation $VLTO

Prudential PLC cut its holdings in Veralto Corporation (NYSE:VLTO) by 38.3% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 76,266 shares of the company’s stock after selling 47,300 shares during the quarter. Prudential PLC’s holdings in Veralto were worth $7,610,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Laurel Wealth Advisors LLC acquired a new stake in shares of Veralto in the fourth quarter valued at $25,000. Goodman Advisory Group LLC acquired a new stake in shares of Veralto in the third quarter valued at $29,000. Annis Gardner Whiting Capital Advisors LLC increased its stake in shares of Veralto by 82.2% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after buying an additional 129 shares in the last quarter. Board of the Pension Protection Fund acquired a new stake in shares of Veralto in the fourth quarter valued at $30,000. Finally, Creative Capital Management Investments LLC increased its stake in shares of Veralto by 45.9% in the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock valued at $34,000 after buying an additional 107 shares in the last quarter. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several research analysts recently weighed in on the stock. Citigroup dropped their price objective on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Robert W. Baird set a $103.00 price objective on shares of Veralto in a research report on Thursday, April 30th. UBS Group boosted their price objective on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Jefferies Financial Group assumed coverage on shares of Veralto in a research report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price objective for the company. Finally, BMO Capital Markets restated an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company. Based on data from MarketBeat.com, Veralto currently has an average rating of “Hold” and a consensus target price of $105.88.

Veralto Stock Performance

VLTO stock opened at $86.17 on Friday. 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 company has a 50 day moving average price of $87.37 and a 200 day moving average price of $93.91. Veralto Corporation has a fifty-two week low of $80.03 and a fifty-two week high of $110.11. The stock has a market capitalization of $21.16 billion, a PE ratio of 22.27, a price-to-earnings-growth ratio of 2.43 and a beta of 0.69.

Veralto (NYSE:VLTO) last issued its earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.02 by $0.05. The company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The business’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the previous year, the company 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. Analysts forecast 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. Shareholders of record on Tuesday, June 30th will be given a dividend of $0.13 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. Veralto’s 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.