Brokerages Set Veralto Corporation (NYSE:VLTO) Target Price at $105.88

Veralto Corporation (NYSE:VLTO) has earned an average recommendation of “Hold” from the eleven ratings firms that are currently covering the firm, MarketBeat.com reports. Six research analysts have rated the stock with a hold recommendation and five have assigned a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is $105.8750.

A number of equities research analysts recently commented on the company. Stifel Nicolaus decreased their target price on Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Citigroup cut their price target on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a report on Thursday, April 30th. Robert W. Baird set a $103.00 price objective on Veralto in a research note on Thursday, April 30th. Jefferies Financial Group started coverage on Veralto in a report on Tuesday, March 31st. They set a “buy” rating and a $110.00 price objective on the stock. Finally, Royal Bank Of Canada increased their target price on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Segall Bryant & Hamill LLC increased its stake in Veralto by 53.2% during the first quarter. Segall Bryant & Hamill LLC now owns 174,642 shares of the company’s stock worth $15,442,000 after acquiring an additional 60,682 shares during the last quarter. Groupe la Francaise lifted its stake in shares of Veralto by 8.7% in the 1st quarter. Groupe la Francaise now owns 110,409 shares of the company’s stock valued at $9,757,000 after purchasing an additional 8,821 shares during the last quarter. FinArc Investments Inc. purchased a new position in shares of Veralto in the 1st quarter worth approximately $1,468,000. Western Wealth Management LLC purchased a new position in shares of Veralto in the 1st quarter worth approximately $83,000. Finally, Janus Henderson Group PLC increased its position in shares of Veralto by 3.4% during the 1st quarter. Janus Henderson Group PLC now owns 2,095,393 shares of the company’s stock valued at $185,266,000 after purchasing an additional 69,578 shares during the last quarter. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Stock Performance

Shares of NYSE VLTO opened at $86.98 on Monday. The company has a market cap of $21.36 billion, a P/E ratio of 22.47, a P/E/G ratio of 2.43 and a beta of 0.77. Veralto has a 52-week low of $84.45 and a 52-week high of $110.11. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48. The firm’s fifty day moving average is $88.33 and its two-hundred day moving average is $94.90.

Veralto (NYSE:VLTO) last released its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.02 by $0.05. The business 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 business’s revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $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. As a group, analysts anticipate that Veralto will post 4.23 EPS for the current fiscal year.

Veralto Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.13 per share. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date is Tuesday, June 30th. Veralto’s dividend payout ratio is currently 13.44%.

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.