Reflection Asset Management Purchases Shares of 6,759 Veralto Corporation $VLTO

Reflection Asset Management acquired a new stake in shares of Veralto Corporation (NYSE:VLTO) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 6,759 shares of the company’s stock, valued at approximately $674,000.

Several other large investors have also recently modified their holdings of VLTO. Norges Bank bought a new position in shares of Veralto during the fourth quarter valued at about $261,340,000. FIL Ltd boosted its holdings in shares of Veralto by 263.8% during the fourth quarter. FIL Ltd now owns 1,798,310 shares of the company’s stock worth $179,435,000 after purchasing an additional 1,303,940 shares during the period. First Trust Advisors LP grew its stake in shares of Veralto by 33.3% in the fourth quarter. First Trust Advisors LP now owns 4,678,084 shares of the company’s stock worth $466,779,000 after purchasing an additional 1,169,572 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of Veralto by 86.1% in the third quarter. AQR Capital Management LLC now owns 2,157,211 shares of the company’s stock worth $226,615,000 after purchasing an additional 997,778 shares during the last quarter. Finally, SG Americas Securities LLC increased its holdings in Veralto by 10,317.8% during the 4th quarter. SG Americas Securities LLC now owns 781,651 shares of the company’s stock valued at $77,993,000 after purchasing an additional 774,148 shares during the period. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently commented on VLTO. UBS Group upped their target price on Veralto from $99.00 to $101.00 and gave the company a “neutral” rating in a report on Friday, May 1st. Citigroup reduced their price objective on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Royal Bank Of Canada upped their price objective on shares of Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a report on Thursday, April 30th. Robert W. Baird set a $103.00 target price on shares of Veralto in a research report on Thursday, April 30th. Finally, Jefferies Financial Group assumed coverage on shares of Veralto in a research note on Tuesday, March 31st. They set a “buy” rating and a $110.00 target price on the stock. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Veralto has a consensus rating of “Hold” and an average target price of $105.88.

Veralto Trading Down 0.2%

NYSE VLTO opened at $83.88 on Friday. Veralto Corporation has a 12 month low of $80.03 and a 12 month high of $110.11. The company has a current ratio of 1.48, a quick ratio of 1.32 and a debt-to-equity ratio of 0.65. The stock’s fifty day moving average price is $86.56 and its 200-day moving average price is $92.80. The stock has a market cap of $20.60 billion, a P/E ratio of 21.67, a P/E/G ratio of 2.37 and a beta of 0.69.

Veralto (NYSE:VLTO) last issued its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.02 by $0.05. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The business had revenue of $1.42 billion during the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the previous year, the company earned $0.95 earnings per share. The business’s revenue for the quarter 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, equities analysts forecast that Veralto Corporation will post 4.23 EPS for the current fiscal year.

Veralto Dividend Announcement

The firm also recently disclosed 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. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.6%. Veralto’s dividend payout ratio (DPR) is presently 13.44%.

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.