Lido Advisors LLC Trims Holdings in Veralto Corporation $VLTO

Lido Advisors LLC lessened its stake in Veralto Corporation (NYSE:VLTO) by 20.7% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 25,675 shares of the company’s stock after selling 6,682 shares during the period. Lido Advisors LLC’s holdings in Veralto were worth $2,272,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Walleye Capital LLC grew its holdings in Veralto by 582.0% during the 1st quarter. Walleye Capital LLC now owns 3,552 shares of the company’s stock worth $314,000 after acquiring an additional 4,289 shares in the last quarter. State of Wyoming raised its stake in shares of Veralto by 35.9% in the 1st quarter. State of Wyoming now owns 6,411 shares of the company’s stock valued at $567,000 after purchasing an additional 1,694 shares in the last quarter. First Trust Advisors LP lifted its position in shares of Veralto by 31.5% during the first quarter. First Trust Advisors LP now owns 6,150,388 shares of the company’s stock worth $543,817,000 after purchasing an additional 1,472,304 shares during the last quarter. Oslo Pensjonsforsikring AS acquired a new position in Veralto in the first quarter worth about $104,000. Finally, Andra AP fonden grew its stake in Veralto by 18.2% in the first quarter. Andra AP fonden now owns 218,600 shares of the company’s stock worth $19,329,000 after purchasing an additional 33,600 shares in the last quarter. 91.28% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts recently weighed in on the company. Stifel Nicolaus boosted their price objective on Veralto from $110.00 to $111.00 and gave the company a “buy” rating in a report on Monday, July 20th. Royal Bank Of Canada lifted their target price on Veralto from $99.00 to $100.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 30th. Jefferies Financial Group began coverage on Veralto in a report on Tuesday, March 31st. They issued a “buy” rating and a $110.00 price target for the company. Weiss Ratings reissued a “hold (c)” rating on shares of Veralto in a research report on Wednesday, June 24th. Finally, Barclays reduced their price objective on Veralto from $117.00 to $113.00 and set an “overweight” rating on the stock in a research note on Thursday, April 30th. Five investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $106.33.

Veralto Stock Performance

Shares of VLTO stock opened at $92.02 on Monday. 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 business has a 50 day moving average of $87.66 and a two-hundred day moving average of $91.01. Veralto Corporation has a 52 week low of $80.03 and a 52 week high of $110.11. The company has a market cap of $22.60 billion, a P/E ratio of 23.78, a PEG ratio of 2.59 and a beta of 0.63.

Veralto (NYSE:VLTO) last announced its quarterly earnings results on Tuesday, April 28th. The company reported $1.07 earnings per share for the quarter, topping analysts’ consensus estimates of $1.02 by $0.05. Veralto had a return on equity of 34.63% and a net margin of 17.33%.The business had revenue of $1.42 billion for the quarter, compared to analysts’ expectations of $1.40 billion. During the same period in the prior year, the firm earned $0.95 EPS. The business’s quarterly revenue was up 6.8% on a year-over-year basis. 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, analysts anticipate that Veralto Corporation will post 4.24 EPS for the current year.

Veralto Announces Dividend

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 paid 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 payout ratio is presently 13.44%.

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.