Veralto Corporation (NYSE:VLTO) Given Consensus Rating of “Moderate Buy” by Analysts

Veralto Corporation (NYSE:VLTOGet Free Report) has received an average recommendation of “Moderate Buy” from the eleven research firms that are covering the company, MarketBeat Ratings reports. Five research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $110.90.

Several analysts recently weighed in on VLTO shares. UBS Group lifted their price objective on shares of Veralto from $98.00 to $104.00 and gave the company a “neutral” rating in a research report on Thursday, July 30th. Stifel Nicolaus raised their price target on shares of Veralto from $111.00 to $114.00 and gave the company a “buy” rating in a research note on Thursday, July 30th. BNP Paribas Exane reiterated an “outperform” rating and set a $120.00 price objective (up from $115.00) on shares of Veralto in a research report on Thursday, July 30th. Wolfe Research reissued an “outperform” rating and issued a $109.00 price objective on shares of Veralto in a report on Thursday, July 9th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Veralto in a research report on Wednesday, June 24th.

Get Our Latest Stock Report on Veralto

Insiders Place Their Bets

In related news, CEO Jennifer Honeycutt sold 7,097 shares of the company’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $101.52, for a total value of $720,487.44. Following the completion of the sale, the chief executive officer owned 124,085 shares of the company’s stock, valued at $12,597,109.20. This represents a 5.41% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. 0.43% of the stock is owned by insiders.

Institutional Trading of Veralto

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Laurel Wealth Advisors LLC acquired a new position in shares of Veralto during the fourth quarter valued at approximately $25,000. Annis Gardner Whiting Capital Advisors LLC lifted its position 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 purchasing an additional 129 shares during the period. Creative Capital Management Investments LLC lifted its position in Veralto by 45.9% in the fourth quarter. Creative Capital Management Investments LLC now owns 340 shares of the company’s stock worth $34,000 after purchasing an additional 107 shares during the period. DV Equities LLC bought a new position in Veralto during the 4th quarter valued at $35,000. Finally, Elyxium Wealth LLC bought a new position in Veralto during the 4th quarter valued at $37,000. 91.28% of the stock is currently owned by institutional investors.

Veralto Price Performance

Shares of VLTO opened at $98.35 on Friday. Veralto has a 12 month low of $80.03 and a 12 month high of $110.11. The company has a debt-to-equity ratio of 0.86, a current ratio of 1.78 and a quick ratio of 1.61. The stock has a fifty day moving average price of $89.85 and a 200 day moving average price of $90.72. The company has a market cap of $23.98 billion, a P/E ratio of 24.84, a PEG ratio of 2.66 and a beta of 0.60.

Veralto (NYSE:VLTOGet Free Report) last posted its earnings results on Tuesday, July 28th. The company reported $1.11 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.01 by $0.10. Veralto had a return on equity of 34.76% and a net margin of 17.35%.The company had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.45 billion. During the same period last year, the business posted $0.93 earnings per share. The firm’s quarterly revenue was up 7.5% compared to the same quarter last year. Veralto has set its FY 2026 guidance at 4.350-4.430 EPS and its Q3 2026 guidance at 1.060-1.090 EPS. On average, research analysts forecast that Veralto will post 4.4 earnings per share for the current year.

Veralto Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, July 31st. Investors of record on Tuesday, June 30th were paid a dividend of $0.13 per share. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date was Tuesday, June 30th. Veralto’s payout ratio is currently 13.13%.

About Veralto

(Get Free Report)

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.

See Also

Analyst Recommendations for Veralto (NYSE:VLTO)

Receive News & Ratings for Veralto Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Veralto and related companies with MarketBeat.com's FREE daily email newsletter.