Veralto Corporation $VLTO Shares Acquired by TD Asset Management Inc

TD Asset Management Inc lifted its stake in shares of Veralto Corporation (NYSE:VLTO) by 32.3% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 480,660 shares of the company’s stock after purchasing an additional 117,279 shares during the quarter. TD Asset Management Inc’s holdings in Veralto were worth $47,960,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also made changes to their positions in the stock. Vanguard Group Inc. raised its position in shares of Veralto by 2.8% during the 3rd quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock worth $3,311,135,000 after purchasing an additional 852,276 shares during the period. State Street Corp raised its position in shares of Veralto by 1.9% during the 3rd quarter. State Street Corp now owns 10,449,828 shares of the company’s stock worth $1,115,182,000 after purchasing an additional 191,872 shares during the period. Geode Capital Management LLC raised its position in shares of Veralto by 1.8% during the 4th quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company’s stock worth $720,876,000 after purchasing an additional 126,814 shares during the period. Impax Asset Management Group plc raised its position in shares of Veralto by 3.9% during the 3rd quarter. Impax Asset Management Group plc now owns 3,839,722 shares of the company’s stock worth $408,503,000 after purchasing an additional 144,044 shares during the period. Finally, First Trust Advisors LP raised its position in shares of Veralto by 24.3% during the 3rd quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock worth $374,042,000 after purchasing an additional 685,614 shares during the period. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on VLTO. UBS Group increased their price target on Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Royal Bank Of Canada raised their target price on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Barclays lowered their target price on Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research report on Thursday, April 30th. Stifel Nicolaus lowered 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, Robert W. Baird set a $103.00 target price on Veralto in a research report on Thursday, April 30th. Five equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to MarketBeat, Veralto presently has an average rating of “Hold” and an average target price of $105.88.

Veralto Stock Up 1.7%

VLTO opened at $86.17 on Friday. Veralto Corporation has a 12 month low of $80.03 and a 12 month high of $110.11. The company has a debt-to-equity ratio of 0.65, a current ratio of 1.48 and a quick ratio of 1.32. The stock has a market cap of $21.16 billion, a P/E ratio of 22.27, a P/E/G ratio of 2.43 and a beta of 0.69. The stock’s 50 day moving average price is $87.37 and its 200 day moving average price is $93.91.

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. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The firm had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period last year, the firm earned $0.95 EPS. The firm’s revenue was up 6.8% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.200-4.280 EPS and its Q2 2026 guidance at 0.960-1.000 EPS. As a group, research analysts predict that Veralto Corporation will post 4.23 earnings per share for the current year.

Veralto Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be given a dividend of $0.13 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.52 annualized dividend and a dividend yield of 0.6%. Veralto’s dividend payout ratio (DPR) is 13.44%.

Veralto 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.