Walter Public Investments Inc. Decreases Stock Position in Veralto Corporation $VLTO

Walter Public Investments Inc. trimmed its stake in shares of Veralto Corporation (NYSE:VLTO) by 50.8% in the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,606 shares of the company’s stock after selling 69,758 shares during the quarter. Walter Public Investments Inc.’s holdings in Veralto were worth $5,978,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Azzad Asset Management Inc. ADV raised its position in Veralto by 0.7% in the 4th quarter. Azzad Asset Management Inc. ADV now owns 15,098 shares of the company’s stock valued at $1,506,000 after purchasing an additional 99 shares in the last quarter. IFP Advisors Inc grew its position in shares of Veralto by 14.0% during the third quarter. IFP Advisors Inc now owns 855 shares of the company’s stock worth $91,000 after buying an additional 105 shares in the last quarter. Creative Capital Management Investments LLC increased its stake in shares of Veralto by 45.9% during the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after buying an additional 107 shares during the period. Private Advisor Group LLC increased its stake in shares of Veralto by 0.7% during the third quarter. Private Advisor Group LLC now owns 15,777 shares of the company’s stock worth $1,682,000 after buying an additional 109 shares during the period. Finally, Larson Financial Group LLC raised its holdings in Veralto by 18.9% in the third quarter. Larson Financial Group LLC now owns 735 shares of the company’s stock valued at $78,000 after acquiring an additional 117 shares in the last quarter. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Analysts Set New Price Targets

VLTO has been the subject of a number of recent research reports. Barclays decreased their price target 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. UBS Group raised their price objective on shares of Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Robert W. Baird set a $103.00 price objective on shares of Veralto in a research report on Thursday, April 30th. Citigroup lowered their target price on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. 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 report on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. According to MarketBeat, Veralto presently has a consensus rating of “Hold” and an average target price of $105.88.

Veralto Stock Performance

Shares of Veralto stock opened at $92.46 on Friday. The firm has a market capitalization of $22.71 billion, a P/E ratio of 23.89, a P/E/G ratio of 2.61 and a beta of 0.63. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $110.11. 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’s 50 day moving average is $86.14 and its two-hundred day moving average is $91.97.

Veralto (NYSE:VLTO) last issued its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, topping 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 business had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. During the same quarter in the previous year, the firm earned $0.95 EPS. The company’s 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. Research analysts forecast that Veralto Corporation will post 4.24 EPS for the current fiscal year.

Veralto Dividend Announcement

The business 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 $0.13 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. Veralto’s payout ratio is 13.44%.

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.