Veralto Corporation $VLTO Holdings Increased by Impax Asset Management Group plc

Impax Asset Management Group plc grew its holdings in Veralto Corporation (NYSE:VLTO) by 3.9% in the third quarter, Holdings Channel reports. The firm owned 3,839,722 shares of the company’s stock after buying an additional 144,044 shares during the quarter. Veralto accounts for about 2.4% of Impax Asset Management Group plc’s portfolio, making the stock its 5th biggest position. Impax Asset Management Group plc’s holdings in Veralto were worth $408,503,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Compass Wealth Management LLC purchased a new stake in shares of Veralto during the 3rd quarter valued at about $6,708,000. Capital Advisors Inc. OK lifted its position in Veralto by 6.3% during the third quarter. Capital Advisors Inc. OK now owns 380,910 shares of the company’s stock valued at $40,609,000 after purchasing an additional 22,464 shares during the period. Spire Wealth Management boosted its holdings in Veralto by 1,579.5% in the third quarter. Spire Wealth Management now owns 12,311 shares of the company’s stock worth $1,312,000 after purchasing an additional 11,578 shares during the last quarter. Defender Capital LLC. boosted its holdings in Veralto by 9.2% in the second quarter. Defender Capital LLC. now owns 172,870 shares of the company’s stock worth $17,451,000 after purchasing an additional 14,586 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its position in Veralto by 8.9% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,159,417 shares of the company’s stock worth $123,605,000 after purchasing an additional 94,607 shares during the period. 91.28% of the stock is owned by institutional investors.

Veralto Stock Performance

Shares of VLTO opened at $92.74 on Wednesday. The business has a 50-day simple moving average of $99.85 and a two-hundred day simple moving average of $102.59. The company has a quick ratio of 1.52, a current ratio of 1.67 and a debt-to-equity ratio of 0.64. Veralto Corporation has a 52 week low of $83.86 and a 52 week high of $110.11. The stock has a market cap of $23.03 billion, a price-to-earnings ratio of 24.73, a PEG ratio of 2.65 and a beta of 0.89.

Veralto (NYSE:VLTO) last announced its quarterly earnings data on Tuesday, February 3rd. The company reported $1.04 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.06. The company had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.41 billion. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The firm’s revenue was up 3.8% on a year-over-year basis. During the same period in the previous year, the company posted $0.95 EPS. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. On average, analysts expect that Veralto Corporation will post 3.66 EPS for the current year.

Veralto Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, December 31st were paid a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. This is a boost from Veralto’s previous quarterly dividend of $0.11. The ex-dividend date of this dividend was Wednesday, December 31st. Veralto’s dividend payout ratio is currently 13.87%.

Analyst Ratings Changes

VLTO has been the topic of several research analyst reports. Royal Bank Of Canada lowered their price target on Veralto from $111.00 to $102.00 and set a “sector perform” rating on the stock in a report on Thursday, February 5th. Jefferies Financial Group reissued a “hold” rating on shares of Veralto in a report on Wednesday, February 4th. UBS Group set a $102.00 price target on Veralto and gave the company a “neutral” rating in a research note on Friday. Citigroup reduced their price target on shares of Veralto from $111.00 to $104.00 and set a “neutral” rating for the company in a research report on Thursday, February 5th. Finally, Robert W. Baird set a $108.00 price objective on shares of Veralto in a report on Thursday, February 5th. Five equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to MarketBeat, the company has an average rating of “Hold” and an average price target of $108.89.

Insider Activity

In other news, SVP Mattias Bystrom sold 1,000 shares of the firm’s stock in a transaction on Monday, December 1st. The shares were sold at an average price of $101.73, for a total transaction of $101,730.00. Following the sale, the senior vice president directly owned 31,430 shares in the company, valued at $3,197,373.90. This trade represents a 3.08% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. 0.36% of the stock is currently owned by company insiders.

Veralto Company 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.