Triodos Investment Management BV Invests $18.85 Million in Veralto Corporation $VLTO

Triodos Investment Management BV acquired a new position in Veralto Corporation (NYSE:VLTO) during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 186,000 shares of the company’s stock, valued at approximately $18,853,000.

Several other large investors have also recently made changes to their positions in the stock. Vanguard Group Inc. lifted its holdings in shares of Veralto by 2.8% in the 3rd quarter. Vanguard Group Inc. now owns 31,058,387 shares of the company’s stock worth $3,311,135,000 after acquiring an additional 852,276 shares during the last quarter. State Street Corp lifted its holdings in shares of Veralto by 1.9% in the 3rd quarter. State Street Corp now owns 10,449,828 shares of the company’s stock worth $1,115,182,000 after acquiring an additional 191,872 shares during the last quarter. Geode Capital Management LLC lifted its holdings in shares of Veralto by 1.8% in the 4th quarter. Geode Capital Management LLC now owns 7,249,875 shares of the company’s stock worth $720,876,000 after acquiring an additional 126,814 shares during the last quarter. Impax Asset Management Group plc lifted its holdings in shares of Veralto by 3.9% in the 3rd quarter. Impax Asset Management Group plc now owns 3,839,722 shares of the company’s stock worth $408,503,000 after acquiring an additional 144,044 shares during the last quarter. Finally, First Trust Advisors LP lifted its holdings in shares of Veralto by 24.3% in the 3rd quarter. First Trust Advisors LP now owns 3,508,512 shares of the company’s stock worth $374,042,000 after acquiring an additional 685,614 shares during the last quarter. 91.28% of the stock is currently owned by institutional investors and hedge funds.

Veralto Price Performance

Veralto stock opened at $82.29 on Friday. The firm has a market cap of $20.21 billion, a PE ratio of 21.26, a price-to-earnings-growth ratio of 2.36 and a beta of 0.77. Veralto Corporation has a 52-week low of $80.03 and a 52-week high of $110.11. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65. The company’s 50 day moving average is $87.75 and its two-hundred day moving average is $94.40.

Veralto (NYSE:VLTO) last announced its quarterly earnings data on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $1.02 by $0.05. Veralto had a net margin of 17.33% and a return on equity of 34.63%. The company had revenue of $1.42 billion for the quarter, compared to the consensus estimate of $1.40 billion. During the same period in the prior year, the firm posted $0.95 EPS. The company’s quarterly revenue 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. On average, research analysts expect that Veralto Corporation will post 4.23 EPS for the current fiscal year.

Veralto Announces Dividend

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

Analyst Ratings Changes

A number of equities research analysts have issued reports on VLTO shares. Royal Bank Of Canada increased their target price 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. Barclays reduced their target price on shares of Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Robert W. Baird set a $103.00 target price on shares of Veralto in a report on Thursday, April 30th. Jefferies Financial Group started coverage on shares of Veralto in a report on Tuesday, March 31st. They set a “buy” rating and a $110.00 target price on the stock. Finally, BMO Capital Markets reiterated an “outperform” rating on shares of Veralto in a report on Wednesday, February 11th. Five analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company 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.