Pacer Advisors Inc. Acquires 10,704 Shares of Veralto Corporation $VLTO

Pacer Advisors Inc. raised its holdings in shares of Veralto Corporation (NYSE:VLTO) by 53.2% in the fourth quarter, HoldingsChannel reports. The firm owned 30,806 shares of the company’s stock after buying an additional 10,704 shares during the quarter. Pacer Advisors Inc.’s holdings in Veralto were worth $3,074,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of VLTO. Laurel Wealth Advisors LLC purchased a new position in shares of Veralto during the fourth quarter valued at approximately $25,000. Goodman Advisory Group LLC purchased a new stake in Veralto in the third quarter worth $29,000. Annis Gardner Whiting Capital Advisors LLC lifted its stake in Veralto by 82.2% in the fourth quarter. Annis Gardner Whiting Capital Advisors LLC now owns 286 shares of the company’s stock worth $29,000 after acquiring an additional 129 shares during the period. Board of the Pension Protection Fund bought a new stake in Veralto in the fourth quarter valued at $30,000. Finally, Creative Capital Management Investments LLC increased its position in Veralto by 45.9% during the 4th 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. Hedge funds and other institutional investors own 91.28% of the company’s stock.

Veralto Price Performance

VLTO stock opened at $84.76 on Wednesday. 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 has a 50 day moving average price of $86.33 and a 200-day moving average price of $92.49. Veralto Corporation has a 52-week low of $80.03 and a 52-week high of $110.11. The firm has a market capitalization of $20.82 billion, a price-to-earnings ratio of 21.90, a PEG ratio of 2.34 and a beta of 0.69.

Veralto (NYSE:VLTO) last released its earnings results on Tuesday, April 28th. The company reported $1.07 EPS for the quarter, topping the consensus estimate of $1.02 by $0.05. The business had revenue of $1.42 billion for 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%.The company’s revenue for the quarter was up 6.8% compared to the same quarter last year. During the same period in the previous year, the company 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. Equities research analysts forecast that Veralto Corporation will post 4.23 EPS for the current fiscal 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 issued a $0.13 dividend. The ex-dividend date of this dividend is Tuesday, June 30th. This represents a $0.52 annualized dividend and a yield of 0.6%. Veralto’s payout ratio is 13.44%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on VLTO shares. Stifel Nicolaus dropped their target price on shares of Veralto from $118.00 to $110.00 and set a “buy” rating for the company in a research report on Tuesday, April 14th. Royal Bank Of Canada increased their price target on shares of Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research note on Thursday, April 30th. UBS Group raised their price objective on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Citigroup cut their price objective on Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research report on Thursday, April 30th. Finally, Barclays reduced their target price on Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a report on Thursday, April 30th. Five research analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat, the company has a consensus 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.