Veralto Corporation (NYSE:VLTO) Stock Has Consensus Price Target of $112.70

Key Points

• Veralto has a “Moderate Buy” consensus rating from 10 analysts, with five buy ratings, one strong-buy rating, and four holds. The average 12-month price target is $112.70 versus a recent share price of $100.59.
• The company exceeded quarterly expectations, reporting $1.11 in earnings per share and $1.47 billion in revenue, while revenue increased 7.5% year over year. Analysts project full-year 2026 earnings of approximately $4.41 per share.
• Veralto declared a quarterly dividend of $0.13, equivalent to an annualized $0.52 payout and a 0.5% yield. Institutional investors own 91.28% of the company, while insiders have recently sold shares under pre-arranged trading plans.

Shares of Veralto Corporation (NYSE:VLTO - Get Free Report) have been assigned a consensus rating of "Moderate Buy" from the ten brokerages that are covering the firm, MarketBeat Ratings reports. Four analysts have rated the stock with a hold recommendation, five have issued a buy recommendation and one has issued a strong buy recommendation on the company. The average 1 year target price among brokers that have issued a report on the stock in the last year is $112.70.

Several equities analysts have recently commented on the company. Wall Street Zen raised Veralto from a "hold" rating to a "buy" rating in a research report on Saturday, October 3rd. Jefferies Financial Group upgraded Veralto to a "strong-buy" rating in a research note on Monday. Weiss Ratings raised Veralto from a "hold (c)" rating to a "hold (c+)" rating in a report on Friday, October 2nd. UBS Group boosted their price target on Veralto from $104.00 to $106.00 and gave the company a "neutral" rating in a research note on Monday, October 5th. Finally, BNP Paribas Exane restated an "outperform" rating and issued a $120.00 price target (up from $115.00) on shares of Veralto in a research note on Thursday, July 30th.

Veralto Stock Up 1.6%

Shares of VLTO opened at $100.59 on Thursday. Veralto has a 52 week low of $80.03 and a 52 week high of $105.75. The firm has a market cap of $24.52 billion, a P/E ratio of 25.40, a price-to-earnings-growth ratio of 2.81 and a beta of 0.62. The firm's 50-day simple moving average is $96.89 and its 200 day simple moving average is $91.56. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.61 and a current ratio of 1.78.

Veralto (NYSE:VLTO - Get Free Report) last released its quarterly earnings results on Tuesday, July 28th. The company reported $1.11 earnings per share for the quarter, beating 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 net margin of 17.35% and a return on equity of 34.76%. The business's revenue was up 7.5% on a year-over-year basis. During the same period in the prior year, the firm 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, analysts forecast that Veralto will post 4.41 earnings per share for the current year.

Veralto Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Wednesday, September 30th will be given a $0.13 dividend. This represents a $0.52 dividend on an annualized basis and a dividend yield of 0.5%. The ex-dividend date of this dividend is Wednesday, September 30th. Veralto's payout ratio is presently 13.13%.

Insider Transactions at Veralto

In related news, SVP Surekha Trivedi sold 986 shares of the company's stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $97.05, for a total value of $95,691.30. Following the transaction, the senior vice president directly owned 8,565 shares in the company, valued at approximately $831,233.25. This represents a 10.32% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Jennifer Honeycutt sold 7,097 shares of the firm's stock in a transaction dated Wednesday, July 29th. The stock was sold at an average price of $101.52, for a total transaction of $720,487.44. Following the transaction, the chief executive officer directly owned 124,085 shares in the company, valued at approximately $12,597,109.20. This represents a 5.41% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 15,180 shares of company stock valued at $1,490,394. 0.43% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the business. First Trust Advisors LP raised its stake in 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 acquiring an additional 1,472,304 shares in the last quarter. Amundi lifted its holdings in shares of Veralto by 16.3% in the first quarter. Amundi now owns 3,797,526 shares of the company's stock worth $335,785,000 after acquiring an additional 531,478 shares during the last quarter. Bank of New York Mellon Corp acquired a new stake in shares of Veralto in the 2nd quarter valued at approximately $235,200,000. Janus Henderson Group PLC boosted its stake in shares of Veralto by 3.4% in the 1st quarter. Janus Henderson Group PLC now owns 2,095,393 shares of the company's stock valued at $185,266,000 after purchasing an additional 69,578 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in shares of Veralto by 16.4% in the 1st quarter. Dimensional Fund Advisors LP now owns 1,788,026 shares of the company's stock valued at $158,063,000 after purchasing an additional 252,267 shares in the last quarter. Institutional investors and hedge funds own 91.28% of the company's stock.

Veralto Company Profile

Veralto Corporation NYSE: VLTO is a global provider of products, services and technology focused on water analytics and product quality and innovation. The company was formed in 2023 through the separation of certain operating companies from Danaher Corporation and is headquartered in Waltham, Massachusetts.

Veralto's Water Analytics segment provides equipment, software and services used to monitor, analyze and manage water and wastewater. Its brands include Hach, Trojan Technologies, ChemTreat and OTT HydroMet, which serve municipal, industrial and environmental applications such as water quality testing, disinfection, treatment and hydrology.

The company's Product Quality and Innovation segment helps manufacturers and consumer-goods companies manage production quality, packaging, coding, marking and product identification.

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