Walter Public Investments Inc. Reduces Stock Holdings in Veralto Corporation $VLTO

Walter Public Investments Inc. reduced its position in shares of Veralto Corporation (NYSE:VLTO) by 50.8% in the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 67,606 shares of the company’s stock after selling 69,758 shares during the period. Walter Public Investments Inc.’s holdings in Veralto were worth $5,978,000 at the end of the most recent quarter.

A number of other institutional investors also recently bought and sold shares of the company. State Street Corp increased its holdings in shares of Veralto by 2.6% during the 4th quarter. State Street Corp now owns 10,720,184 shares of the company’s stock worth $1,071,035,000 after buying an additional 270,356 shares during the last quarter. Geode Capital Management LLC lifted its holdings in Veralto by 1.8% in the fourth quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company’s stock valued at $720,876,000 after acquiring an additional 126,814 shares during the last quarter. First Trust Advisors LP lifted its holdings in Veralto by 33.3% in the fourth quarter. First Trust Advisors LP now owns 4,678,084 shares of the company’s stock valued at $466,779,000 after acquiring an additional 1,169,572 shares during the last quarter. Invesco Ltd. grew its position in Veralto by 6.3% in the fourth quarter. Invesco Ltd. now owns 4,595,043 shares of the company’s stock worth $458,493,000 after acquiring an additional 272,036 shares during the period. Finally, Bank of New York Mellon Corp grew its position in Veralto by 2.2% in the fourth quarter. Bank of New York Mellon Corp now owns 3,453,007 shares of the company’s stock worth $344,541,000 after acquiring an additional 75,253 shares during the period. 91.28% of the stock is owned by hedge funds and other institutional investors.

Veralto Price Performance

VLTO opened at $92.46 on Friday. The stock’s 50-day moving average price is $86.14 and its 200 day moving average price is $91.97. Veralto Corporation has a 12-month low of $80.03 and a 12-month high of $110.11. The firm has a market cap of $22.71 billion, a price-to-earnings ratio of 23.89, a PEG ratio of 2.61 and a beta of 0.63. 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 (NYSE:VLTO) last released its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, beating the consensus estimate of $1.02 by $0.05. The company had revenue of $1.42 billion during the quarter, compared to the consensus estimate of $1.40 billion. Veralto had a return on equity of 34.63% and a net margin of 17.33%.Veralto’s revenue was up 6.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.95 EPS. 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, sell-side analysts expect that Veralto Corporation will post 4.24 earnings per share for the current year.

Veralto Dividend Announcement

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 paid a dividend of $0.13 per share. 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 presently 13.44%.

Wall Street Analyst Weigh In

VLTO has been the topic of a number of research analyst reports. UBS Group lifted 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. Barclays lowered their price target on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a report on Thursday, April 30th. Jefferies Financial Group assumed coverage on Veralto in a research report on Tuesday, March 31st. They set a “buy” rating and a $110.00 price objective for the company. Stifel Nicolaus reduced their price objective on shares of Veralto from $118.00 to $110.00 and set a “buy” rating on the stock in a report on Tuesday, April 14th. Finally, Citigroup decreased their target price 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. Five equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target 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.