Veralto (NYSE:VLTO) Reaches New 12-Month Low – Here’s What Happened

Shares of Veralto Corporation (NYSE:VLTO) reached a new 52-week low during trading on Friday . The stock traded as low as $84.80 and last traded at $84.7630, with a volume of 1281144 shares changing hands. The stock had previously closed at $85.27.

Analyst Ratings Changes

A number of brokerages have issued reports on VLTO. Robert W. Baird set a $103.00 target price on Veralto in a research report on Thursday, April 30th. UBS Group boosted their target price on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a research report on Friday, May 1st. Citigroup cut their target price on Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Stifel Nicolaus cut their target price on Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Five analysts have rated the stock with a Buy rating and six have issued a Hold rating to the company’s stock. According to MarketBeat, Veralto presently has an average rating of “Hold” and a consensus price target of $105.88.

Veralto Stock Down 0.6%

The stock has a market cap of $20.82 billion, a PE ratio of 21.90, a price-to-earnings-growth ratio of 2.39 and a beta of 0.77. The firm has a fifty day moving average of $89.03 and a 200 day moving average of $95.42. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65.

Veralto (NYSE:VLTO) last posted its earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, beating the consensus estimate of $1.02 by $0.05. The firm had revenue of $1.42 billion for the quarter, compared to analyst estimates of $1.40 billion. Veralto had a return on equity of 34.63% and a net margin of 17.33%.Veralto’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.95 earnings per share. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. On average, equities research analysts anticipate that Veralto Corporation will post 4.23 EPS for the current fiscal year.

Veralto Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Tuesday, June 30th will be issued a $0.13 dividend. This represents a $0.52 annualized dividend and a yield of 0.6%. The ex-dividend date of this dividend is Tuesday, June 30th. Veralto’s dividend payout ratio is 13.44%.

Hedge Funds Weigh In On Veralto

Large investors have recently bought and sold shares of the business. Laurel Wealth Advisors LLC purchased a new position in Veralto in the fourth quarter valued at $25,000. Root Financial Partners LLC purchased a new position in Veralto in the third quarter valued at $27,000. Goodman Advisory Group LLC acquired a new position in Veralto in the third quarter valued at $29,000. Annis Gardner Whiting Capital Advisors LLC boosted its stake in Veralto by 82.2% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after acquiring an additional 129 shares in the last quarter. Finally, Board of the Pension Protection Fund acquired a new position in Veralto in the fourth quarter valued at $30,000. Hedge funds and other institutional investors 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.