Veralto Corporation $VLTO Shares Sold by Border to Coast Pensions Partnership Ltd

Border to Coast Pensions Partnership Ltd lowered its position in Veralto Corporation (NYSE:VLTO) by 13.3% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 334,835 shares of the company’s stock after selling 51,255 shares during the quarter. Border to Coast Pensions Partnership Ltd’s holdings in Veralto were worth $29,697,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in VLTO. Norges Bank acquired a new stake in shares of Veralto in the 4th quarter valued at $261,340,000. FIL Ltd grew its stake in shares of Veralto by 263.8% during the fourth quarter. FIL Ltd now owns 1,798,310 shares of the company’s stock worth $179,435,000 after purchasing an additional 1,303,940 shares in the last quarter. First Trust Advisors LP grew its stake in shares of Veralto by 33.3% during the fourth quarter. First Trust Advisors LP now owns 4,678,084 shares of the company’s stock worth $466,779,000 after purchasing an additional 1,169,572 shares in the last quarter. AQR Capital Management LLC increased 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 valued at $226,615,000 after buying an additional 997,778 shares during the last quarter. Finally, SG Americas Securities LLC increased its holdings in Veralto by 115.2% in the first quarter. SG Americas Securities LLC now owns 1,681,786 shares of the company’s stock valued at $148,704,000 after buying an additional 900,135 shares during the last quarter. Institutional investors and hedge funds own 91.28% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have issued reports on the company. Barclays decreased their price target on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Jefferies Financial Group initiated coverage on Veralto in a report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price objective on the stock. Weiss Ratings reissued a “hold (c)” rating on shares of Veralto in a research report on Wednesday. Stifel Nicolaus cut 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. Finally, Royal Bank Of Canada boosted their target price on Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $105.88.

Veralto Price Performance

Shares of NYSE:VLTO opened at $89.80 on Friday. The company’s fifty day moving average price is $86.11 and its 200 day moving average price is $92.25. Veralto Corporation has a 12 month low of $80.03 and a 12 month high of $110.11. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32. The firm has a market capitalization of $22.06 billion, a P/E ratio of 23.20, a P/E/G ratio of 2.53 and a beta of 0.69.

Veralto (NYSE:VLTO) last released its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.05. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the prior year, the firm posted $0.95 earnings per share. Veralto’s revenue for the quarter 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 company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Veralto’s payout ratio is presently 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.