Veralto Corporation (NYSE:VLTO) Receives Consensus Rating of “Hold” from Brokerages

Shares of Veralto Corporation (NYSE:VLTO) have earned an average recommendation of “Hold” from the eleven ratings firms that are presently covering the company, Marketbeat Ratings reports. Six analysts have rated the stock with a hold recommendation and five have issued a buy recommendation on the company. The average 1 year target price among brokerages that have updated their coverage on the stock in the last year is $105.8750.

VLTO has been the topic of several analyst reports. 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 note on Thursday, April 30th. Stifel Nicolaus lowered their target price on Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Jefferies Financial Group started coverage on Veralto in a research report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price target on the stock. Royal Bank Of Canada increased their price target on Veralto from $99.00 to $100.00 and gave the company a “sector perform” rating in a research note on Thursday, April 30th. Finally, Barclays lowered their price objective on Veralto from $117.00 to $113.00 and set an “overweight” rating for the company in a research report on Thursday, April 30th.

Veralto Price Performance

Shares of Veralto stock traded up $0.10 during midday trading on Tuesday, hitting $92.58. 87,445 shares of the company traded hands, compared to its average volume of 2,131,460. The stock has a market cap of $22.74 billion, a price-to-earnings ratio of 24.00, a PEG ratio of 2.61 and a beta of 0.63. The company has a debt-to-equity ratio of 0.65, a quick ratio of 1.32 and a current ratio of 1.48. The firm’s fifty day moving average price is $86.21 and its 200-day moving average price is $91.86. Veralto has a 12 month low of $80.03 and a 12 month high of $110.11.

Veralto (NYSE:VLTO) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05. The company had revenue of $1.42 billion during the quarter, compared to analysts’ expectations 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 prior year, the company earned $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 forecast that Veralto will post 4.24 earnings per share for the current year.

Veralto Dividend Announcement

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

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of VLTO. Azzad Asset Management Inc. ADV increased its position in shares of Veralto by 0.7% during the fourth quarter. Azzad Asset Management Inc. ADV now owns 15,098 shares of the company’s stock worth $1,506,000 after buying an additional 99 shares during the period. IFP Advisors Inc lifted its holdings in Veralto by 14.0% in the third quarter. IFP Advisors Inc now owns 855 shares of the company’s stock valued at $91,000 after buying an additional 105 shares during the period. 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 acquiring an additional 107 shares during the last quarter. Private Advisor Group LLC boosted its position in Veralto by 0.7% during the third quarter. Private Advisor Group LLC now owns 15,777 shares of the company’s stock valued at $1,682,000 after acquiring an additional 109 shares during the last quarter. Finally, Larson Financial Group LLC grew its holdings in Veralto by 18.9% during the 3rd quarter. Larson Financial Group LLC now owns 735 shares of the company’s stock worth $78,000 after acquiring an additional 117 shares during the period. Institutional investors and hedge funds own 91.28% of the company’s stock.

Veralto Company 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.