Victory Capital Management Inc. Boosts Position in Veralto Corporation $VLTO

Victory Capital Management Inc. lifted its holdings in shares of Veralto Corporation (NYSE:VLTO) by 12.8% in the third quarter, Holdings Channel.com reports. The fund owned 2,194,081 shares of the company’s stock after purchasing an additional 248,718 shares during the period. Victory Capital Management Inc.’s holdings in Veralto were worth $237,738,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in the stock. Root Financial Partners LLC purchased a new position in Veralto during the 3rd quarter valued at $27,000. Loomis Sayles & Co. L P bought a new stake in shares of Veralto during the 2nd quarter valued at about $28,000. True Wealth Design LLC increased its position in shares of Veralto by 852.9% during the third quarter. True Wealth Design LLC now owns 324 shares of the company’s stock valued at $35,000 after buying an additional 290 shares during the period. Headlands Technologies LLC bought a new position in Veralto in the second quarter worth about $44,000. Finally, Elevation Point Wealth Partners LLC bought a new position in Veralto in the second quarter worth about $50,000. Institutional investors own 91.28% of the company’s stock.

Analysts Set New Price Targets

Several analysts have weighed in on the company. BMO Capital Markets reaffirmed an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Royal Bank Of Canada dropped their price target on Veralto from $111.00 to $102.00 and set a “sector perform” rating on the stock in a research report on Thursday, February 5th. UBS Group set a $102.00 price target on Veralto and gave the stock a “neutral” rating in a research note on Friday, February 6th. Weiss Ratings lowered Veralto from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Wednesday, December 31st. Finally, Barclays restated an “overweight” rating and set a $117.00 target price on shares of Veralto in a report on Thursday, February 5th. Five research analysts have rated the stock with a Buy rating and seven have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $108.22.

Veralto Stock Down 1.7%

Shares of NYSE:VLTO opened at $95.59 on Wednesday. The company has a current ratio of 1.67, a quick ratio of 1.52 and a debt-to-equity ratio of 0.64. The stock has a fifty day simple moving average of $98.02 and a two-hundred day simple moving average of $101.28. Veralto Corporation has a 12-month low of $83.86 and a 12-month high of $110.11. The stock has a market capitalization of $23.69 billion, a price-to-earnings ratio of 25.49, a PEG ratio of 2.75 and a beta of 0.89.

Veralto (NYSE:VLTO) last issued its quarterly earnings results on Tuesday, February 3rd. The company reported $1.04 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.06. The firm had revenue of $1.40 billion during the quarter, compared to the consensus estimate of $1.41 billion. Veralto had a return on equity of 35.77% and a net margin of 17.08%.The company’s revenue was up 3.8% on a year-over-year basis. During the same period last year, the company earned $0.95 earnings per share. Veralto has set its FY 2026 guidance at 4.100-4.200 EPS and its Q1 2026 guidance at 0.970-1.010 EPS. On average, research analysts anticipate that Veralto Corporation will post 3.66 earnings per share for the current fiscal year.

Veralto Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, January 30th. Stockholders of record on Wednesday, December 31st were paid a $0.13 dividend. This is a boost from Veralto’s previous quarterly dividend of $0.11. This represents a $0.52 annualized dividend and a dividend yield of 0.5%. The ex-dividend date was Wednesday, December 31st. Veralto’s payout ratio is currently 13.87%.

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.