Rathbones Group PLC Purchases 117,272 Shares of Veralto Corporation $VLTO

Rathbones Group PLC raised its holdings in shares of Veralto Corporation (NYSE:VLTO) by 205.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 174,223 shares of the company’s stock after buying an additional 117,272 shares during the period. Rathbones Group PLC owned about 0.07% of Veralto worth $17,384,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in VLTO. Laurel Wealth Advisors LLC purchased a new stake in Veralto during the fourth quarter valued at about $25,000. Root Financial Partners LLC purchased a new stake in Veralto during the third quarter valued at about $27,000. Goodman Advisory Group LLC purchased a new stake in Veralto during the third quarter valued at about $29,000. Board of the Pension Protection Fund purchased a new stake in Veralto during the fourth quarter valued at about $30,000. Finally, Creative Capital Management Investments LLC boosted its position in Veralto by 45.9% during the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock valued at $34,000 after buying an additional 107 shares during the period. 91.28% of the stock is currently owned by hedge funds and other institutional investors.

Veralto Stock Performance

Veralto stock opened at $85.90 on Friday. 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 firm has a 50-day moving average of $88.42 and a 200-day moving average of $94.96. The firm has a market cap of $21.10 billion, a P/E ratio of 22.20, a P/E/G ratio of 2.43 and a beta of 0.77. Veralto Corporation has a 1-year low of $84.45 and a 1-year high of $110.11.

Veralto (NYSE:VLTO) last posted its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. The company had revenue of $1.42 billion during the quarter, compared to analyst estimates of $1.40 billion. Veralto had a net margin of 17.33% and a return on equity of 34.63%. Veralto’s revenue for the quarter was up 6.8% on a year-over-year basis. During the same period in the prior year, the business 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. Sell-side analysts expect that Veralto Corporation will post 4.23 EPS for the current year.

Veralto Dividend Announcement

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

Wall Street Analyst Weigh In

Several research firms have issued reports on VLTO. BMO Capital Markets restated an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Royal Bank Of Canada upped their price target on shares of Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research report on Thursday, April 30th. Citigroup cut their price target on shares of Veralto from $104.00 to $102.00 and set a “neutral” rating for the company in a research report on Thursday, April 30th. Jefferies Financial Group began coverage on shares of Veralto in a research report on Tuesday, March 31st. They set a “buy” rating and a $110.00 price target for the company. Finally, Barclays cut their price target on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to data from MarketBeat, Veralto has a consensus rating of “Hold” and an average target price of $105.88.

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.