Veralto Corporation (VLTO) To Go Ex-Dividend on June 30th

Veralto Corporation (NYSE:VLTO) declared a quarterly dividend on Wednesday, May 13th. Shareholders of record on Tuesday, June 30th will be given a dividend of 0.13 per share on Friday, July 31st. This represents a c) dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 30th.

Veralto has a payout ratio of 13.0% meaning its dividend is sufficiently covered by earnings. Research analysts expect Veralto to earn $4.64 per share next year, which means the company should continue to be able to cover its $0.52 annual dividend with an expected future payout ratio of 11.2%.

Veralto Trading Up 2.1%

Shares of NYSE VLTO opened at $89.80 on Friday. Veralto has a twelve month low of $80.03 and a twelve month high of $110.11. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65. The stock has a fifty day simple moving average of $86.11 and a 200-day simple moving average of $92.25. The stock has a market capitalization of $22.06 billion, a PE ratio of 23.20, a PEG ratio of 2.53 and a beta of 0.69.

Veralto (NYSE:VLTO) last posted 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 return on equity of 34.63% and a net margin of 17.33%.The firm had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the previous year, the business earned $0.95 EPS. The company’s quarterly revenue was up 6.8% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. On average, equities analysts forecast that Veralto will post 4.23 earnings per share for the current year.

Analysts Set New Price Targets

A number of analysts have issued reports on VLTO shares. Robert W. Baird set a $103.00 price target on shares of Veralto in a research note on Thursday, April 30th. Citigroup decreased their price target on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Jefferies Financial Group started coverage on shares of Veralto in a research note on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price target for the company. Royal Bank Of Canada upped their price objective on Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Finally, Barclays reduced their price objective on Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Veralto has an average rating of “Hold” and an average price target of $105.88.

About Veralto

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.