247,090 Shares in Veralto Corporation $VLTO Acquired by Copeland Capital Management LLC

Copeland Capital Management LLC purchased a new stake in Veralto Corporation (NYSE:VLTO) during the first quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor purchased 247,090 shares of the company’s stock, valued at approximately $21,848,000.

Other large investors have also added to or reduced their stakes in the company. Norges Bank bought a new position in Veralto during the fourth quarter worth $261,340,000. FIL Ltd raised its position in shares of Veralto by 263.8% in the fourth quarter. FIL Ltd now owns 1,798,310 shares of the company’s stock valued at $179,435,000 after purchasing an additional 1,303,940 shares during the period. First Trust Advisors LP raised its position in shares of 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 purchasing an additional 1,169,572 shares during the period. AQR Capital Management LLC lifted its stake in shares of Veralto by 86.1% during the 3rd quarter. AQR Capital Management LLC now owns 2,157,211 shares of the company’s stock worth $226,615,000 after buying an additional 997,778 shares during the last quarter. Finally, SG Americas Securities LLC lifted its stake in shares of Veralto by 115.2% during the 1st quarter. SG Americas Securities LLC now owns 1,681,786 shares of the company’s stock worth $148,704,000 after buying an additional 900,135 shares during the last quarter. Institutional investors own 91.28% of the company’s stock.

Veralto Stock Performance

NYSE VLTO opened at $93.69 on Friday. The firm has a 50-day moving average price of $87.08 and a two-hundred day moving average price of $91.37. Veralto Corporation has a 12-month low of $80.03 and a 12-month high of $110.11. The company has a market capitalization of $23.01 billion, a P/E ratio of 24.21, a P/E/G ratio of 2.65 and a beta of 0.63. The company has a quick ratio of 1.32, a current ratio of 1.48 and a debt-to-equity ratio of 0.65.

Veralto (NYSE:VLTO) last issued its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.02 by $0.05. The business 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%.The firm’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. Analysts anticipate that Veralto Corporation will post 4.24 earnings per share for the current year.

Veralto Announces Dividend

The business also recently disclosed 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 currently 13.44%.

Wall Street Analysts Forecast Growth

VLTO has been the subject of several research analyst reports. UBS Group lifted their target price on shares of Veralto from $99.00 to $101.00 and gave the stock a “neutral” rating in a report on Friday, May 1st. Royal Bank Of Canada raised their price objective on shares of Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Wolfe Research restated an “outperform” rating and set a $109.00 price objective on shares of Veralto in a report on Thursday, July 9th. Jefferies Financial Group assumed coverage on Veralto in a research report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 target price on the stock. Finally, Citigroup lowered their target price on Veralto from $104.00 to $102.00 and set a “neutral” rating on the stock in a research note on Thursday, April 30th. Five analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. Based on data from MarketBeat, Veralto has an average rating of “Hold” and a consensus target price of $106.22.

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.