Veralto Corporation $VLTO Shares Acquired by Boston Trust Walden Corp

Boston Trust Walden Corp boosted its holdings in Veralto Corporation (NYSE:VLTO) by 1,326.1% during the 1st quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 304,735 shares of the company’s stock after acquiring an additional 283,366 shares during the quarter. Boston Trust Walden Corp’s holdings in Veralto were worth $26,945,000 at the end of the most recent quarter.

Several other hedge funds have also recently added to or reduced their stakes in VLTO. IFM Investors Pty Ltd increased its holdings in shares of Veralto by 3.1% during the first quarter. IFM Investors Pty Ltd now owns 52,868 shares of the company’s stock valued at $4,675,000 after purchasing an additional 1,578 shares during the period. iA Global Asset Management Inc. lifted its stake in shares of Veralto by 1,121,300.0% in the 1st quarter. iA Global Asset Management Inc. now owns 11,214 shares of the company’s stock worth $992,000 after acquiring an additional 11,213 shares during the period. MQS Management LLC bought a new position in shares of Veralto in the first quarter valued at approximately $629,000. Apollon Wealth Management LLC increased its stake in shares of Veralto by 42.2% during the first quarter. Apollon Wealth Management LLC now owns 12,372 shares of the company’s stock valued at $1,094,000 after acquiring an additional 3,672 shares during the period. Finally, Patton Fund Management Inc. increased its stake in shares of Veralto by 11.3% during the first quarter. Patton Fund Management Inc. now owns 2,506 shares of the company’s stock valued at $222,000 after acquiring an additional 254 shares during the period. Institutional investors own 91.28% of the company’s stock.

Veralto Stock Down 0.1%

Shares of NYSE:VLTO opened at $92.46 on Friday. The firm has a 50 day simple moving average of $86.14 and a 200 day simple moving average of $91.97. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $110.11. 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 company has a market cap of $22.71 billion, a PE ratio of 23.89, a price-to-earnings-growth ratio of 2.61 and a beta of 0.63.

Veralto (NYSE:VLTO) last released its earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (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 analyst estimates 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% on a year-over-year basis. During the same quarter in the prior year, the company earned $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. As a group, research analysts expect that Veralto Corporation will post 4.24 earnings per share for the current year.

Veralto Dividend Announcement

The firm 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 dividend of $0.13 per share. The ex-dividend date is Tuesday, June 30th. This represents a $0.52 dividend on an annualized basis and a yield of 0.6%. Veralto’s dividend payout ratio (DPR) is presently 13.44%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on VLTO shares. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Veralto in a research note on Wednesday, June 24th. Citigroup lowered their target price on Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a report on Thursday, April 30th. Stifel Nicolaus reduced their price objective 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. Jefferies Financial Group initiated coverage on shares of Veralto in a research note on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price objective on the stock. Finally, Barclays dropped 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. 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 presently has a consensus rating of “Hold” and a consensus target price 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.