Veralto (NYSE:VLTO) Price Target Cut to $104.00 by Analysts at Citigroup

Veralto (NYSE:VLTO) had its price objective reduced by equities researchers at Citigroup from $111.00 to $104.00 in a research report issued on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the stock. Citigroup’s price target suggests a potential upside of 14.78% from the company’s previous close.

Several other equities analysts have also weighed in on VLTO. UBS Group increased their price target on shares of Veralto from $110.00 to $112.00 and gave the company a “neutral” rating in a research report on Wednesday, November 5th. Robert W. Baird set a $108.00 target price on shares of Veralto in a research note on Thursday. Stifel Nicolaus set a $118.00 price target on shares of Veralto in a research note on Thursday. BMO Capital Markets dropped their price objective on Veralto from $123.00 to $114.00 and set an “outperform” rating on the stock in a research note on Tuesday, November 25th. Finally, Royal Bank Of Canada decreased their target price on Veralto from $111.00 to $102.00 and set a “sector perform” rating for the company in a research report on Thursday. Five equities research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $110.00.

Veralto Stock Performance

Shares of NYSE VLTO traded down $0.80 during midday trading on Thursday, reaching $90.61. The company’s stock had a trading volume of 3,690,458 shares, compared to its average volume of 1,662,464. The stock has a market capitalization of $22.50 billion, a P/E ratio of 24.16, a PEG ratio of 2.77 and a beta of 0.89. The company has a debt-to-equity ratio of 0.69, a current ratio of 1.57 and a quick ratio of 1.40. The firm has a 50 day moving average price of $100.62 and a 200-day moving average price of $102.89. Veralto has a 12-month low of $83.86 and a 12-month high of $110.11.

Veralto (NYSE:VLTO) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.06. Veralto had a return on equity of 37.49% and a net margin of 17.08%.The business had revenue of $1.40 billion for the quarter, compared to analyst estimates of $1.41 billion. During the same period last year, the company posted $0.95 earnings per share. Veralto’s quarterly revenue was up 3.8% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. As a group, equities analysts predict that Veralto will post 3.66 earnings per share for the current year.

Insider Buying and Selling at Veralto

In other news, SVP Mattias Bystrom sold 1,000 shares of the stock in a transaction dated Monday, December 1st. The shares were sold at an average price of $101.73, for a total value of $101,730.00. Following the sale, the senior vice president directly owned 31,430 shares of the company’s stock, valued at approximately $3,197,373.90. This represents a 3.08% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. 0.36% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Veralto

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. Canada Post Corp Registered Pension Plan lifted its position in Veralto by 33.9% during the fourth quarter. Canada Post Corp Registered Pension Plan now owns 5,212 shares of the company’s stock valued at $520,000 after purchasing an additional 1,320 shares during the last quarter. O Brien Greene & Co. Inc raised its position in shares of Veralto by 15.5% during the 4th quarter. O Brien Greene & Co. Inc now owns 65,556 shares of the company’s stock valued at $6,541,000 after buying an additional 8,819 shares in the last quarter. Stephens Inc. AR lifted its holdings in shares of Veralto by 10.0% during the 4th quarter. Stephens Inc. AR now owns 4,318 shares of the company’s stock worth $431,000 after acquiring an additional 392 shares during the last quarter. Phoenix Financial Ltd. grew its position in Veralto by 3.6% in the fourth quarter. Phoenix Financial Ltd. now owns 5,015 shares of the company’s stock worth $500,000 after acquiring an additional 176 shares in the last quarter. Finally, Thrivent Financial for Lutherans increased its stake in Veralto by 163.1% in the fourth quarter. Thrivent Financial for Lutherans now owns 130,716 shares of the company’s stock valued at $13,043,000 after acquiring an additional 81,036 shares during the last quarter. 91.28% of the stock is owned by hedge funds and other institutional investors.

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.