Veralto Corporation (NYSE:VLTO) Stock Has Average Price Target of $112.70 According to Brokerages

Shares of Veralto Corporation (NYSE:VLTO) have been assigned an average recommendation of “Moderate Buy” from the ten analysts that are currently covering the company, Marketbeat reports. Four research analysts have rated the stock with a hold recommendation, five have assigned a buy recommendation and one has given a strong buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is $112.60.

Several research firms recently commented on VLTO. UBS Group upped their price target on shares of Veralto from $104.00 to $106.00 and gave the company a “neutral” rating in a research note on Monday, October 5th. Stifel Nicolaus set a $113.00 price objective on shares of Veralto in a research note on Monday. Jefferies Financial Group raised shares of Veralto to a “strong-buy” rating in a report on Monday, October 12th. Wall Street Zen upgraded shares of Veralto from a “hold” rating to a “buy” rating in a research report on Saturday, October 3rd. Finally, Citigroup increased their target price on shares of Veralto from $102.00 to $107.00 and gave the stock a “neutral” rating in a research report on Thursday, July 30th.

Veralto Stock Performance

Shares of NYSE VLTO opened at $100.42 on Thursday. 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’s fifty day moving average price is $97.07 and its two-hundred day moving average price is $91.86. Veralto has a one year low of $80.03 and a one year high of $105.75. The firm has a market cap of $24.48 billion, a price-to-earnings ratio of 24.00, a P/E/G ratio of 2.86 and a beta of 0.62.

Veralto (NYSE:VLTO) last posted its quarterly earnings data on Tuesday, July 28th. The company reported $1.11 earnings per share for the quarter, topping the consensus estimate of $1.01 by $0.10. The firm had revenue of $1.47 billion for the quarter, compared to analysts’ expectations of $1.45 billion. Veralto had a return on equity of 34.76% and a net margin of 17.35%. The company’s quarterly revenue was up 7.5% compared to the same quarter last year. During the same quarter last year, the business earned $0.93 EPS. 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, equities analysts forecast that Veralto will post 4.41 EPS for the current year.

Veralto Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Wednesday, September 30th will be paid a $0.13 dividend. This represents a $0.52 annualized dividend and a dividend yield of 0.5%. The ex-dividend date is Wednesday, September 30th. Veralto’s payout ratio is 13.13%.

Insider Activity at Veralto

In related news, CEO Jennifer Honeycutt sold 7,097 shares of the stock in a transaction that occurred on Wednesday, July 29th. The stock was sold at an average price of $101.52, for a total transaction of $720,487.44. Following 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 sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, SVP Surekha Trivedi sold 986 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $97.05, for a total value of $95,691.30. Following the sale, the senior vice president directly owned 8,565 shares in the company, valued at $831,233.25. This represents a 10.32% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders own 0.43% of the company’s stock.

Institutional Trading of Veralto

A number of institutional investors have recently modified their holdings of VLTO. Arbejdsmarkedets Tillaegspension boosted its holdings in shares of Veralto by 23.4% during the 1st quarter. Arbejdsmarkedets Tillaegspension now owns 291,695 shares of the company’s stock valued at $25,792,000 after acquiring an additional 55,348 shares in the last quarter. Handelsbanken Fonder AB raised its position in Veralto by 9.1% in the second quarter. Handelsbanken Fonder AB now owns 219,254 shares of the company’s stock valued at $19,443,000 after purchasing an additional 18,277 shares during the last quarter. Groupe la Francaise grew its holdings in shares of Veralto by 18.4% during the second quarter. Groupe la Francaise now owns 130,703 shares of the company’s stock worth $11,594,000 after purchasing an additional 20,294 shares during the last quarter. Formuepleje A S increased its stake in shares of Veralto by 61.8% in the second quarter. Formuepleje A S now owns 42,528 shares of the company’s stock valued at $3,771,000 after buying an additional 16,240 shares during the period. Finally, Goodman Financial Corp raised its holdings in Veralto by 60.7% in the 1st quarter. Goodman Financial Corp now owns 145,752 shares of the company’s stock valued at $12,887,000 after buying an additional 55,032 shares during the last quarter. 91.28% of the stock is currently owned by institutional investors.

Veralto Company Profile

Veralto Corporation (NYSE: VLTO) is a global provider of technology, products and services that help customers manage water quality and improve the quality, safety and efficiency of packaged goods. The company serves municipal, industrial, commercial and consumer-facing markets through a portfolio of operating businesses.

Veralto’s Water Quality segment provides instruments, software and services used to test, monitor and treat water and wastewater. Its brands include Hach, Trojan Technologies and ChemTreat, which support applications such as laboratory and field testing, disinfection, water treatment and industrial water management.

The company’s Product Quality & Innovation segment supplies technologies used in product identification, packaging design, color management and quality inspection.