Veralto Corporation (NYSE:VLTO) Receives $112.89 Average PT from Analysts

Veralto Corporation (NYSE:VLTO) has received a consensus rating of “Hold” from the twelve research firms that are currently covering the company, Marketbeat Ratings reports. Seven equities research analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1 year price target among brokerages that have covered the stock in the last year is $112.8889.

A number of equities analysts have issued reports on the stock. UBS Group raised their target price on shares of Veralto from $110.00 to $112.00 and gave the stock a “neutral” rating in a report on Wednesday, November 5th. Barclays boosted their price objective on Veralto from $119.00 to $121.00 and gave the stock an “overweight” rating in a research report on Thursday, October 30th. Jefferies Financial Group restated a “hold” rating and issued a $105.00 target price (down from $125.00) on shares of Veralto in a research report on Wednesday, December 10th. Royal Bank Of Canada boosted their price target on shares of Veralto from $108.00 to $111.00 and gave the stock a “sector perform” rating in a research report on Thursday, October 30th. Finally, Weiss Ratings lowered shares of Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research note on Wednesday, December 31st.

Veralto Stock Performance

Shares of Veralto stock opened at $103.03 on Tuesday. The company has a debt-to-equity ratio of 0.69, a quick ratio of 1.40 and a current ratio of 1.57. Veralto has a 1 year low of $83.86 and a 1 year high of $110.11. The firm’s 50-day simple moving average is $100.30 and its 200-day simple moving average is $103.13. The firm has a market cap of $25.58 billion, a PE ratio of 28.23, a price-to-earnings-growth ratio of 2.92 and a beta of 0.88.

Veralto (NYSE:VLTO) last posted its quarterly earnings results on Tuesday, October 28th. The company reported $0.99 EPS for the quarter, topping analysts’ consensus estimates of $0.95 by $0.04. The business had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.40 billion. Veralto had a return on equity of 38.69% and a net margin of 16.75%.The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period last year, the firm earned $0.89 earnings per share. Veralto has set its FY 2025 guidance at 3.820-3.850 EPS and its Q4 2025 guidance at 0.950-0.980 EPS. Equities analysts forecast that Veralto will post 3.66 earnings per share for the current fiscal year.

Veralto Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, January 30th. Investors of record on Wednesday, December 31st will be paid a $0.13 dividend. The ex-dividend date of this dividend is Wednesday, December 31st. This represents a $0.52 dividend on an annualized basis and a yield of 0.5%. This is an increase from Veralto’s previous quarterly dividend of $0.11. Veralto’s dividend payout ratio (DPR) is 14.25%.

Insider Buying and Selling

In related news, SVP Mattias Bystrom sold 1,000 shares of the business’s stock in a transaction that occurred on Monday, December 1st. The shares were sold at an average price of $101.73, for a total transaction of $101,730.00. Following the transaction, the senior vice president directly owned 31,430 shares of the company’s stock, valued at approximately $3,197,373.90. The trade was a 3.08% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Insiders own 0.36% of the company’s stock.

Institutional Trading of Veralto

A number of institutional investors and hedge funds have recently made changes to their positions in VLTO. Root Financial Partners LLC bought a new stake in shares of Veralto in the third quarter valued at approximately $27,000. Harbor Asset Planning Inc. acquired a new position in Veralto in the second quarter valued at about $26,000. Loomis Sayles & Co. L P bought a new stake in Veralto during the 2nd quarter worth approximately $28,000. Goodman Advisory Group LLC acquired a new position in Veralto in the third quarter worth $29,000. Finally, Board of the Pension Protection Fund acquired a new position in shares of Veralto during the fourth quarter worth approximately $30,000. Institutional investors and hedge funds own 91.28% of the company’s stock.

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.