Geode Capital Management LLC Buys 126,814 Shares of Veralto Corporation $VLTO

Geode Capital Management LLC boosted its stake in shares of Veralto Corporation (NYSE:VLTO) by 1.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 7,249,875 shares of the company’s stock after purchasing an additional 126,814 shares during the period. Geode Capital Management LLC’s holdings in Veralto were worth $720,876,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Laurel Wealth Advisors LLC bought a new position in Veralto during the fourth quarter valued at approximately $25,000. Goodman Advisory Group LLC bought a new position in Veralto during the third quarter valued at approximately $29,000. Annis Gardner Whiting Capital Advisors LLC lifted its position in Veralto by 82.2% during the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock valued at $29,000 after purchasing an additional 129 shares during the period. Board of the Pension Protection Fund bought a new position in Veralto during the fourth quarter valued at approximately $30,000. Finally, Creative Capital Management Investments LLC lifted 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 purchasing an additional 107 shares during the period. Institutional investors own 91.28% of the company’s stock.

Veralto Stock Down 1.4%

VLTO opened at $82.29 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. Veralto Corporation has a 1-year low of $80.03 and a 1-year high of $110.11. The company has a market capitalization of $20.21 billion, a PE ratio of 21.26, a PEG ratio of 2.32 and a beta of 0.77. The firm’s 50 day simple moving average is $87.75 and its two-hundred day simple moving average is $94.40.

Veralto (NYSE:VLTO) last released its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share 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 for the quarter, compared to the consensus estimate of $1.40 billion. During the same period last year, the firm earned $0.95 earnings per share. The company’s quarterly revenue was up 6.8% on a year-over-year basis. 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 year.

Veralto Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Tuesday, June 30th will be paid 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 is 13.44%.

Analyst Upgrades and Downgrades

Several research firms have weighed in on VLTO. UBS Group increased their price target on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a research report on Friday, May 1st. Citigroup decreased their price target 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. BMO Capital Markets reiterated an “outperform” rating on shares of Veralto in a research report on Wednesday, February 11th. Robert W. Baird set a $103.00 price target on shares of Veralto in a research report on Thursday, April 30th. Finally, Stifel Nicolaus decreased their price target on shares of Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Five research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $105.88.

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.