CenterBook Partners LP Has $2.62 Million Stock Position in Veralto Corporation $VLTO

CenterBook Partners LP cut its holdings in shares of Veralto Corporation (NYSE:VLTO) by 26.5% in the 4th quarter, HoldingsChannel reports. The fund owned 26,238 shares of the company’s stock after selling 9,437 shares during the period. CenterBook Partners LP’s holdings in Veralto were worth $2,618,000 as of its most recent SEC filing.

Several other large investors have also added to or reduced their stakes in the business. Robeco Institutional Asset Management B.V. lifted its stake in Veralto by 3.4% during the 4th quarter. Robeco Institutional Asset Management B.V. now owns 1,199,220 shares of the company’s stock valued at $119,658,000 after acquiring an additional 39,803 shares in the last quarter. LGT Capital Partners LTD. purchased a new position in shares of Veralto in the 3rd quarter worth approximately $2,068,000. First Trust Advisors LP increased its position in shares of Veralto by 24.3% during the third quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock valued at $374,042,000 after acquiring an additional 685,614 shares during the last quarter. Mirae Asset Global Investments Co. Ltd. lifted its holdings in Veralto by 30.0% during the fourth quarter. Mirae Asset Global Investments Co. Ltd. now owns 61,602 shares of the company’s stock worth $6,147,000 after acquiring an additional 14,219 shares during the period. Finally, Swiss Life Asset Management Ltd grew its stake in Veralto by 18.0% in the 3rd quarter. Swiss Life Asset Management Ltd now owns 78,343 shares of the company’s stock valued at $8,352,000 after purchasing an additional 11,930 shares during the period. Institutional investors own 91.28% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have weighed in on VLTO. Citigroup dropped their target price on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Royal Bank Of Canada increased their price objective on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a report on Thursday, April 30th. Stifel Nicolaus decreased their target price on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. UBS Group boosted their price objective on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research note on Friday, May 1st. Finally, BMO Capital Markets reaffirmed an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Veralto presently has an average rating of “Hold” and a consensus price target of $105.88.

Veralto Price Performance

VLTO stock opened at $86.17 on Wednesday. The firm has a 50 day moving average of $87.37 and a 200-day moving average of $93.71. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65. Veralto Corporation has a 12 month low of $80.03 and a 12 month high of $110.11. The firm has a market capitalization of $21.16 billion, a P/E ratio of 22.27, a price-to-earnings-growth ratio of 2.40 and a beta of 0.69.

Veralto (NYSE:VLTO) last posted its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The business had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.40 billion. During the same quarter in the prior year, the firm posted $0.95 EPS. Veralto’s revenue was up 6.8% on a year-over-year basis. 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, sell-side analysts predict that Veralto Corporation will post 4.23 earnings per share for the current fiscal year.

Veralto Dividend Announcement

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