Rathbones Group PLC Acquires 26,776 Shares of Veralto Corporation $VLTO

Rathbones Group PLC raised its stake in Veralto Corporation (NYSE:VLTO) by 88.7% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 56,951 shares of the company’s stock after purchasing an additional 26,776 shares during the period. Rathbones Group PLC’s holdings in Veralto were worth $6,072,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also bought and sold shares of VLTO. Root Financial Partners LLC purchased a new stake in shares of Veralto during the 3rd quarter valued at $27,000. Loomis Sayles & Co. L P purchased a new position in Veralto during the 2nd quarter worth $28,000. Goodman Advisory Group LLC acquired a new position in Veralto during the 3rd quarter valued at about $29,000. True Wealth Design LLC increased its position in Veralto by 852.9% during the 3rd quarter. True Wealth Design LLC now owns 324 shares of the company’s stock valued at $35,000 after buying an additional 290 shares in the last quarter. Finally, Headlands Technologies LLC purchased a new stake in Veralto in the second quarter valued at about $44,000. 91.28% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the company. Robert W. Baird set a $108.00 price target on Veralto in a report on Thursday, February 5th. Weiss Ratings lowered shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, December 31st. Stifel Nicolaus set a $118.00 target price on shares of Veralto in a research note on Thursday, February 5th. Citigroup dropped their target price on shares of Veralto from $111.00 to $104.00 and set a “neutral” rating on the stock in a research report on Thursday, February 5th. Finally, UBS Group set a $102.00 price target on shares of Veralto and gave the company a “neutral” rating in a research note on Friday, February 6th. Five research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $108.22.

Veralto Stock Down 0.8%

Shares of VLTO stock opened at $94.41 on Monday. The stock’s 50-day simple moving average is $97.58 and its 200-day simple moving average is $101.01. The company has a debt-to-equity ratio of 0.64, a quick ratio of 1.52 and a current ratio of 1.67. The firm has a market capitalization of $23.40 billion, a PE ratio of 25.18, a P/E/G ratio of 2.67 and a beta of 0.89. Veralto Corporation has a fifty-two week low of $83.86 and a fifty-two week high of $110.11.

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, topping the consensus estimate of $0.98 by $0.06. The firm had revenue of $1.40 billion during the quarter, compared to analysts’ expectations of $1.41 billion. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The company’s revenue for the quarter was up 3.8% compared to the same quarter last year. During the same period last year, the business posted $0.95 earnings per share. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. Equities analysts expect that Veralto Corporation will post 3.66 earnings per share for the current year.

Veralto Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Tuesday, March 31st will be paid a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a yield of 0.6%. The ex-dividend date is Tuesday, March 31st. Veralto’s payout ratio is presently 13.87%.

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.