Weiss Asset Management LP Acquires 111,280 Shares of Veralto Corporation $VLTO

Weiss Asset Management LP boosted its holdings in Veralto Corporation (NYSE:VLTO) by 575.4% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 130,621 shares of the company’s stock after acquiring an additional 111,280 shares during the quarter. Weiss Asset Management LP’s holdings in Veralto were worth $11,550,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank acquired a new position in Veralto during the fourth quarter worth about $261,340,000. First Trust Advisors LP boosted its stake in shares of Veralto by 31.5% in the 1st quarter. First Trust Advisors LP now owns 6,150,388 shares of the company’s stock valued at $543,817,000 after purchasing an additional 1,472,304 shares in the last quarter. FIL Ltd grew its holdings in shares of Veralto by 263.8% during the 4th quarter. FIL Ltd now owns 1,798,310 shares of the company’s stock valued at $179,435,000 after purchasing an additional 1,303,940 shares during the last quarter. AQR Capital Management LLC grew its holdings in shares of Veralto by 86.1% during the 3rd quarter. AQR Capital Management LLC now owns 2,157,211 shares of the company’s stock valued at $226,615,000 after purchasing an additional 997,778 shares during the last quarter. Finally, SG Americas Securities LLC increased its position in Veralto by 115.2% during the 1st quarter. SG Americas Securities LLC now owns 1,681,786 shares of the company’s stock worth $148,704,000 after purchasing an additional 900,135 shares in the last quarter. Institutional investors own 91.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on VLTO shares. Jefferies Financial Group began coverage on shares of Veralto in a research report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 target price on the stock. UBS Group upped their price target on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Stifel Nicolaus increased their price target on Veralto from $110.00 to $111.00 and gave the company a “buy” rating in a research note on Monday, July 20th. Citigroup cut their price objective on Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a report on Thursday, April 30th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Veralto in a report on Wednesday, June 24th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $106.33.

Veralto Stock Up 0.6%

NYSE:VLTO opened at $92.02 on Friday. Veralto Corporation has a one year low of $80.03 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 company has a market cap of $22.60 billion, a PE ratio of 23.78, a P/E/G ratio of 2.59 and a beta of 0.63. The firm’s 50 day simple moving average is $87.66 and its 200 day simple moving average is $91.07.

Veralto (NYSE:VLTO) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.05. The firm 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 company’s revenue was up 6.8% on a year-over-year basis. During the same period in the prior 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. On average, research analysts anticipate that Veralto Corporation will post 4.24 earnings per share for the current year.

Veralto Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be issued a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date is Tuesday, June 30th. Veralto’s dividend 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.