Rathbones Group PLC Raises Position in Veralto Corporation $VLTO

Rathbones Group PLC boosted its stake in Veralto Corporation (NYSE:VLTO) by 205.9% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 174,223 shares of the company’s stock after buying an additional 117,272 shares during the period. Rathbones Group PLC’s holdings in Veralto were worth $17,384,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of VLTO. AQR Capital Management LLC lifted its holdings in Veralto by 86.1% in the third quarter. AQR Capital Management LLC now owns 2,157,211 shares of the company’s stock worth $226,615,000 after buying an additional 997,778 shares during the period. Vanguard Group Inc. lifted its holdings in Veralto by 2.8% in the third quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock worth $3,311,135,000 after buying an additional 852,276 shares during the period. SG Americas Securities LLC lifted its holdings in Veralto by 10,317.8% in the fourth quarter. SG Americas Securities LLC now owns 781,651 shares of the company’s stock worth $77,993,000 after buying an additional 774,148 shares during the period. First Trust Advisors LP lifted its holdings in Veralto by 24.3% in the third quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock worth $374,042,000 after buying an additional 685,614 shares during the period. Finally, Caisse de depot et placement du Quebec purchased a new stake in Veralto in the third quarter worth about $60,543,000. 91.28% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

VLTO has been the subject of several research analyst reports. Royal Bank Of Canada raised 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. UBS Group raised their target price on shares of Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Robert W. Baird set a $103.00 target price on shares of Veralto in a research note on Thursday, April 30th. Barclays decreased their target price on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research note on Thursday, April 30th. Finally, Stifel Nicolaus decreased their target price on shares of Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research note on Tuesday, April 14th. Five equities 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, the company currently has a consensus rating of “Hold” and a consensus price target of $105.88.

Veralto Price Performance

Shares of VLTO opened at $85.90 on Friday. The company has a market capitalization of $21.10 billion, a P/E ratio of 22.20, a price-to-earnings-growth ratio of 2.43 and a beta of 0.77. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. The firm has a 50 day moving average of $88.42 and a 200 day moving average of $94.96. Veralto Corporation has a twelve month low of $84.45 and a twelve month high of $110.11.

Veralto (NYSE:VLTO) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share 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 the consensus estimate of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The firm’s quarterly revenue was up 6.8% compared to the same quarter last year. During the same quarter last year, the firm earned $0.95 earnings per share. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. As a group, equities research analysts anticipate that Veralto Corporation will post 4.23 earnings per share for the current fiscal year.

Veralto Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be given a dividend of $0.13 per share. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. Veralto’s dividend payout ratio (DPR) is 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.