Veralto (NYSE:VLTO) Releases Quarterly Earnings Results

Veralto (NYSE:VLTO) released its quarterly earnings results on Tuesday. The company reported $1.11 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.01 by $0.10, FiscalAI reports. The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.45 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. Veralto updated its FY 2026 guidance to 4.350-4.430 EPS and its Q3 2026 guidance to 1.060-1.090 EPS.

Veralto Trading Up 4.3%

Shares of VLTO stock traded up $4.06 on Tuesday, reaching $98.34. 3,131,467 shares of the stock were exchanged, compared to its average volume of 2,102,408. 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 stock has a market cap of $24.15 billion, a P/E ratio of 25.41, a price-to-earnings-growth ratio of 2.59 and a beta of 0.63. The firm has a 50 day moving average of $87.81 and a two-hundred day moving average of $90.97. Veralto has a 1-year low of $80.03 and a 1-year high of $110.11.

Veralto Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be issued a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date is Tuesday, June 30th. Veralto’s dividend payout ratio is presently 13.44%.

Analyst Ratings Changes

Several equities analysts recently issued reports on VLTO shares. Royal Bank Of Canada upped their price objective on shares of Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research note on Thursday, April 30th. UBS Group boosted their price target on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Weiss Ratings restated a “hold (c)” rating on shares of Veralto in a report on Wednesday, June 24th. Jefferies Financial Group began coverage on Veralto in a research report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price objective for the company. Finally, Citigroup dropped their target price on Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research note on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company. Based on data from MarketBeat.com, Veralto presently has a consensus rating of “Hold” and an average target price of $106.33.

Key Headlines Impacting Veralto

Here are the key news stories impacting Veralto this week:

• Positive Sentiment: Veralto reported quarterly EPS of $1.11, beating the $1.01 consensus estimate by $0.10. Revenue reached $1.47 billion, also ahead of the $1.45 billion analyst forecast. The company reported a 17.33% net margin and 34.63% return on equity, supporting investor confidence in operating performance. Veralto Reports Second Quarter 2026 Results
• Positive Sentiment: Management raised or reaffirmed full-year 2026 EPS guidance at $4.35-$4.43, above the $4.25 consensus estimate. The outlook suggests earnings could outperform current analyst expectations for the year.
• Neutral Sentiment: Third-quarter 2026 EPS guidance of $1.06-$1.09 brackets the $1.07 consensus estimate. While the range does not imply a major near-term upside surprise, it indicates management expects results broadly in line with forecasts.
• Neutral Sentiment: Analysts had anticipated another earnings beat based on Veralto’s prior surprise history, which may have helped set expectations ahead of the report. The stronger-than-expected results nevertheless provided confirmation of that outlook. Why Veralto Could Beat Earnings Estimates Again
• Negative Sentiment: CEO Jennifer Honeycutt sold 7,097 shares worth approximately $674,000. The transaction was made under a pre-arranged Rule 10b5-1 trading plan, reducing its negative significance, and she retained more than 124,000 shares after the sale.

Insiders Place Their Bets

In related news, CEO Jennifer Honeycutt sold 7,097 shares of Veralto stock in a transaction on Friday, July 17th. The stock was sold at an average price of $95.00, for a total value of $674,215.00. Following the transaction, the chief executive officer owned 124,085 shares in the company, valued at approximately $11,788,075. This trade represents a 5.41% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.43% of the company’s stock.

Institutional Investors Weigh In On Veralto

Several institutional investors and hedge funds have recently added to or reduced their stakes in the company. FIL Ltd lifted its stake in shares of Veralto by 263.8% in the 4th quarter. FIL Ltd now owns 1,798,310 shares of the company’s stock valued at $179,435,000 after purchasing an additional 1,303,940 shares in the last quarter. First Trust Advisors LP increased its position in Veralto by 33.3% during the 4th 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 raised 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 period. Caisse de depot et placement du Quebec raised its holdings in Veralto by 110.7% in the fourth quarter. Caisse de depot et placement du Quebec now owns 1,196,330 shares of the company’s stock valued at $119,370,000 after buying an additional 628,436 shares during the period. Finally, Lazard Asset Management LLC lifted its position in Veralto by 68.6% during the fourth quarter. Lazard Asset Management LLC now owns 956,972 shares of the company’s stock valued at $95,487,000 after buying an additional 389,259 shares in the last quarter. 91.28% of the stock is currently owned by institutional investors and hedge funds.

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.